Post
Topic
Board Economics
Re: Can Bitcoin also lead to corruption ?
by
Saidmod
on 17/12/2017, 17:27:15 UTC
According to Wikipedia, Corruption is a form of dishonest or unethical conduct by a person entrusted with a position of authority, often to acquire personal benefit. Corruption is very dangerous because can make vey bad impact, it can even make people become poor and the country gets worse. Unfortunately the current corruption can happen anywhere including through the current internet help, so there is a possibility it happens through cryptocurrency.


From the definition you had given, it is clear that bitcoin can also be used by greedy people for corruption. Unfortunately, corrupt people and scammers are very wise with regards to doing bad just to earn money.