Quote from: Finestream on August 23, 2018, 12:21:17 AM

Quote from: Astra2127 on August 23, 2018, 12:12:29 AM

Quote from: mimienamphine on July 21, 2018, 12:01:39 PM

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.

Even if bitcoin grow and prosper more or not if a government official is corrupt, then he or she still finds a way to do such thing. Corruption really exist with or without cryptocurrency.

I guess you're right.But i think corruption might be atleast minimized knowing that cryptocurrency is a decentralized one which cannot be controlled by the government unlike fiat currency itself.Hopefully cryptocurrency will be finally legalized so that corrupt politicians will be slowly out in the government too and see progress in our country's economy.

I don't think corruption will slowed down or stop by the crypto currencies especially Bitcoin since they are not centralized, they are decentralized meaning they can hide their transactions whenever they want.

They can corrupt a lot of money from the government and using the cryptocurrencies to hide this transaction. This is the reason why there are a lot of criminals that want to use cryptocurrencies since there are a lot of other cryptocurrencies that has a complete or fully give users anonymity. I don't know what will be the greater good but I don't want these politicians lurking up on the transactions and making their own private transactions to launder money and have a lot of other transactions to terrorists or bad groups.