Post
Topic
Board Bitcoin Discussion
Re: Government's corruption using Coins
by
sofi@
on 20/02/2018, 04:50:06 UTC
I was just wondering, what if Government officials will store their money from corruption in the Cryptos? What if they'll invest all their money in bitcoin so that no one will know about that corrupted money? Will it be possible? Is it really safe for them to use the virtual currencies a store house of their evil money? Because rather than having bank accounts, putting it on a wallet or investing all of it on cryptos will be safer. I want to hear your opinion.
It is really possible for government official to use cryptos and invest their money from corruption into bitcoin and other alts, this one reason why some countries are not in favor in the idea of cryptos because it is decentralized and does not have a trail upon completing transactions. I think some are actually doing this stuff and maybe many government officials learn the idea of bitcoin investment and trading. I just hope this would not make bad reputation for crypto industry.