Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's refusal in some countries, due to high levels of corruption
by
Guzztsar
on 14/12/2017, 23:15:48 UTC
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 doubt that it will be harder to commit some corrupt practices in a country with a blockchain or similar system helping to track all transactions.
Like you said, in some of the countries that are supporting and introducing bitcoin in their economy system the corruption is virtually zero.
In the other hand, countries that are banning bitcoin are in mostly underdevelope and with high rates of corrucption.