Post
Topic
Board Economics
Re: Can Bitcoin also lead to corruption ?
by
Kim Ji Won
on 28/10/2017, 07:10:39 UTC
We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?

I think it can lead to corruption when the government will include on it. Because money are involved corruption is not possible in every economy.
It's not only the government can do corruption, even simple individual can make this kind of activity if they really aim to do so.
Bitcoin is just a payment system and it would not function if we will not use it, in short it's a tool so if we make illegal transactions using bitcoin, that is our fault and not on the system.
Blaming the gun for murder instead of the shooter is wrong. It is a very basic common sense and even crystal clear to a blind person. It is not the assets that produce corruption but the mean minds of politicians who are mere puppets in the hand of powerful ones like Rothschild, Nazi etc.

In addition to this, bitcoin is a savior. It has given freedom to common people. Nobody can snatch public’s money by heavy taxing.
I think what the OP means that if "bitcoin can lead to corruption" is that, maybe it can serve as a tool for those corrupted minds to use it in their dirty works. I mean, I'm pretty sure they have a lot of ways for hiding their laundered money and with the emergence of bitcoin, they will have another option to use for their transactions.