The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
Not really at all yet politicians do really love it instead. Why? because they can able to hide up funds that they do have corrupted but when we do talk on the other side where blockchain tech would be implemented in terms of payment or budget system then its the end for those people who do involve on corrupting funds because they are the ones who do involve anomaly when there is already a liquidation but when crypto is already on the line then it would be an another story.
What do you mean exactly? I agree that they can hide money quite easily in it because they can do favors and then accept crypto as a means of payment. There's always a way to return a favor, and crypto happens to be a more convenient one because it's not easily traced.
But in terms of blockchain for budget, you mean they won't be able to tunnel funds out of it so easily? Or they won't be able to misdirect it, and spend it somewhere else? Couldn't they still spend it in favor of certain interest or lobby groups if they wanted?