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?
Yes it can also lead to corruption, as bitcoins allow transaction freedom, which means that the person's information and their transaction details will limit to them only. They are free from any kind of taxes and transaction fees. In case of people like who involved in illegal activities, can benefit from it, as they will not have to show any information about the transaction, people involved in crime, like drug dealing, ransom money. Corruption will be increased as the person who wants to done his world will bribe the other without even letting know other about it. Man countries like Indonesia, Japan are feared but this fact that they had banned once cryptocurreny.