Re: Bitcoin's refusal in some countries, due to high levels of corruption
Is it true, some countries that reject the bitcoin are countries with high levels of corruption? So they consider bitcoin to be a potential money laundering crime, potential illegal transactions, Violate payment system authority and undermine the system of investment activity. While countries that provide support for bitcoin is already included developed countries and has minimal acts of corruption therein. What do you think?
No it is not.
It's just a conspiracy theory that is based on wrong assumptions.
When it comes to technology and embracing innovation the most developed countries are the first in line.
3rd world countries have no chance there not only because of the governments but because of lack of funding.
With bitcoin is almost the same, we hear news about how Bitcoin is growing in Africa or Venezuela but most of them are clickbait fake news just to earn hits and likes.
And it makes sense, poor citizens have no chance of getting in and invest when there is nothing to invest.An eastern European (and we still talk about Europe) spends almost a quarter of his wage on food. An US citizen 7% and in Africa more than 60%. How can you compare 40% of 200$ with 90% of 3000$?
The numbers of people holding bitcoin in those countries is so low and the value that tiny the government is just not interested in it.
And if we come to corruption, what would be easier for an official that taking a bribe in coins.
You enter his office and he has a qr cod eon his desk and he point to it to send him the bribe.
How is anybody going to prove that he has taken money?
?No money trail (we assume mixing), no discussion recorded, no bank accounts ... no nothing.
Corrupt officials would just benefit with BTC in their own ways.
But usually in their countries BTC is at levels it can be ignored.
And honestly, do you think a corrupt government cares about how much tax is collected or how the economy is doing?
They just take what's available and leave a mess after them when they are gone from office.