Quote from: bitkanu on April 05, 2018, 08:05:57 AM

Quote from: sangungaji on April 05, 2018, 07:58:12 AM

Quote from: speem28 on April 11, 2017, 05:02:34 PM

We all know that there is corruption everywhere, like in government or any other organization. Because of money, corruption can always happen with greedy people who always wants more money to them. Since bitcoin can be considered as money, can it also lead to corruption?

corruptions can happen in every where. so, it is possible. in my opinion

It is, only if someone who trying to do corruption are smart enough to send their money in form of bitcoin into anyone else's address without even being noticed by the authorities or an anti corruption institution. The fact that blockchain is really transparent that all the transactions saved up forever to the blockchain will prevent any corruption, everyone could monitor the movement of the funds, you want example, see all those ICO that's funded through cryptocurrencies and see how the communities or investor are always noticing if there's any movement in specific address.

If blockchain of Bitcoin system can track the source whom are the owner of that address, you can not know is that address really from people of the government or from normal people.
However, Bitcoin has more security for its user and it keeps private information for those who want to hide this information.
Unless we create new system use blockchain to development, I think so.