Quote from: Cherylstar86 on October 16, 2017, 11:47:10 PM

Quote from: bitbob82 on October 16, 2017, 10:59:12 PM

Quote from: Hishand on October 16, 2017, 01:58:46 AM

Of program it can guide to corruption as its an decentralized currency and no 1 can have manage on it so no 1 would know who is transacting and in that circumstance it can be utilized for corrupted pursuits.

It can lead to corruption worldwide because of its decentralization. Normally when some making investment in any investment institute like banks insurance companies etc. they are asking about the source of income. But here in bitcoin investment there is law for the investors to show his income tax return and wealth statement whether these money is earned by the person legally or not. So the corrupt people have the best option to purchase bitcoin and Utilize it theft money.

Yes it may lead to a corruption because it is digitized and there are gadgets or softwares that the developers make and it's quite easy for them to operate. Too bad if there's no action for those corrupt people. They don't mind the owner's hardships in earning money they're like evils in society who play safe in getting money quickly. Since bitcoin is decentralized, it may be link to different companies under the table like banks,money express and so on. Trusting companies with bitcoin is somewhat big thing so I hope no corrupt people will really exist and do actions immediately.

That's true, there's bob denying that Bitcoin can be used for corruption by bad people in our societies. They can easily manipulate their ways jnto using it to pay for drugs and other deviant atrocities. Bad people in government can use it to steal government money and send it to offshore countries without the being traced.