Quote from: resty on November 06, 2018, 04:27:34 PM

Quote from: Kakmakr on October 12, 2018, 09:21:32 AM

We are led to believe that almost all governments are corrupt and that most officials and even leaders of the world are bought.

We saw this for instance with the US elections where rumours are doing the rounds that massive amounts of money were channelled from foreign countries to influence the outcome of the election. This money had to be laundered through shell companies via Banks and complex money laundering systems.

All of this leaves paper trails and this can later be followed and investigated to find the true origin of this money.

Now think about this, why would "corrupt" governments want to appose Bitcoin and Crypto currencies, if they can use it to hide their "corrupt" practices? Would it not make sense just to allow it and then use it to further their political aspirations?

The push back from these corrupt governments does not make any sense. Could it be that they know that Bitcoin and Crypto currencies are not "anonymous" at all and that these transactions can be traced and for this reason they are apposed to it?

Curious to know what you are thinking. Wink

I believe it was anonymous maybe they are just concerned about its negative effects to people. Like what you said not all politicians are corrupt there are stil ones who can stand their dignity without fear. Also, these crypto currencies are quite hard to manage compared to paper money since it was volatile. Maybe they are still on the process of studying these new trend.

The mandate of most governments are to protect their people, but they are doing more harm than good these days. The politicians that are not corrupt are in the minority and most of them are from the opposition parties. I agree with you that most politicians are still clueless about this technology, but they have skilled advisors that are knowledgeable to advise them. Angry

Bitcoin might solve these problems, if the bribes could be traced back to the people who are giving them. Roll Eyes