Re: Is Bitcoin the way to fight corruption? Or is it the good way to launder money?
In every society, corruption is a part of the economy. We hate it, because we know how it can negatively affect a country in long term. For those who do not really care about politics, you can read this article and imagine how corruption is going to mess up your childrens life and the life of the latter generations.
Corruption affects us all. It threatens sustainable economic development, ethical values and justice; it destabilizes our society and endangers the rule of law. It undermines the institutions and values of our democracy. But because public policies and public resources are largely beneficial to poor people, it is they who suffer the harmful effects of corruption most grievously.
To be dependent on the government for housing, healthcare, education, security and welfare, makes the poor most vulnerable to corruption since it stalls service delivery. Delays in infrastructure development, poor building quality and layers of additional costs are all consequences of corruption.
Many acts of corruption deprive our citizens of their constitutional and their human rights.
You can read more at:
http://www.corruptionwatch.org.za/learn-about-corruption/what-is-corruption/we-are-all-affected/
One of the reason I love BTCBitcoinBTC so much is the fact that this type of Blockchain-based currency, at first glance its just looked like an anti-corruptors currency for the people. BTCBitcoinBTC is secure, fast, low in fees and transparent.
But does BTCBitcoinBTC the REAL solution for anti-corruptor?
YES and NO.
Yes, the transparent part seems like a bad idea for someone who has the intension of having/doing questionable acts.
But the anonymous part, on the other hand seems like an even GREATER idea for those corruptors.
I love to listen to your opinion about this topic.
Hail to the Blockchian
What I have understood is that people involved in bitcoin are really too shady. They want to remain anonymous and want to maintain anonymity of their funds too. So with advent of blockchain corruption would surely increase. As tracing out these rats would become even more difficult due to lack of identity. Even the so called transparency these days can be easily tackled using various mixers and blenders which will end your trail in such a way that even the best computer expert can't hide it. So I think blockchain gives a lot of advantage to the corrupt people and promotes bribery.Corruption affects us all. It threatens sustainable economic development, ethical values and justice; it destabilizes our society and endangers the rule of law. It undermines the institutions and values of our democracy. But because public policies and public resources are largely beneficial to poor people, it is they who suffer the harmful effects of corruption most grievously.
To be dependent on the government for housing, healthcare, education, security and welfare, makes the poor most vulnerable to corruption since it stalls service delivery. Delays in infrastructure development, poor building quality and layers of additional costs are all consequences of corruption.
Many acts of corruption deprive our citizens of their constitutional and their human rights.
You can read more at:
http://www.corruptionwatch.org.za/learn-about-corruption/what-is-corruption/we-are-all-affected/
One of the reason I love BTCBitcoinBTC so much is the fact that this type of Blockchain-based currency, at first glance its just looked like an anti-corruptors currency for the people. BTCBitcoinBTC is secure, fast, low in fees and transparent.
But does BTCBitcoinBTC the REAL solution for anti-corruptor?
YES and NO.
Yes, the transparent part seems like a bad idea for someone who has the intension of having/doing questionable acts.
But the anonymous part, on the other hand seems like an even GREATER idea for those corruptors.
I love to listen to your opinion about this topic.
Hail to the Blockchian