You are viewing a single comment's thread from:
RE: Can cryptocurrency stop corruption?
If the corrupted official initiate private transaction to erase/confuse his tracks, might be then it becomes harder to track on blockchain. (Like Monero,...)
If the corrupted official initiate private transaction to erase/confuse his tracks, might be then it becomes harder to track on blockchain. (Like Monero,...)
Very possible, it's not too hard to confuse humans but I think combined with machine learning it's gonna be close to impossible to erase tracks on a blockchain as every thing can be followed. But of course there is still some work to be done for sure...
That means, crypto can do both...
Right ?
Well, technology can always be used for bad or good but I don't really see any way how it would make corruption easier compared to cash or traditional banking as you can employ the same tactics just as well...
Yup!! I agree with you.