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.
Not only the government official,many of the millionaire inverse their money in bitcoin.Millionaire had became billionaire by investing their money in bitcoin.Bitcoin is the safest one to inverse your money.I don't know the corrupted money are invested in crypto currency.But it is possible to do that.
Yeah this is happening. And government officials have been using bitcoins as a shield to save up their black money. They are not allowing us to use them for raise in our financial positions but on the other end they themselves keeping their lines safer. They prefer to turn their black money into official and legal currency where no one can check them and they managed successfully.