Crypto-> Politician

[wilbur]

Have you ever heard of a politician owning bitcoin or any other coin?

I havent seen one, but surely at least one in all of the politicians in the world have one right?

If there is, why do you think they hide it?

[dmbadillo10]

26 minutes ago, wilbur said:

Have you ever heard of a politician owning bitcoin or any other coin?

I havent seen one, but surely at least one in all of the politicians in the world have one right?

If there is, why do you think they hide it?

For sure, there are MANY politicians holding cryptocurrencies.

Believe it or not, this is one way for them to hide assets. Instead of going through secret bank accounts, which they can still be caught.

[wilbur]

Come to think of it . Yeah i think so. Because accounts are anonymous and also the transactions. Whoaw mindblown

[dmbadillo10]

5 minutes ago, wilbur said:

Come to think of it . Yeah i think so. Because accounts are anonymous and also the transactions. Whoaw mindblown

That's how they do it.

If small guys like us can hide our allowances or extra money using crypto, how more this corrupt government officials. Hahaha.

[dmbadillo10]

10 hours ago, Kate said:

Yea one of the Russian politicians are hodling crypto's.

Also a country which banned crypto's had politicians hodling crypto's 

So yea there are but I cant get the name of the country. Sorry 

A lot of countries have politicians, holding crypto.

That's how they keep assets hidden.

[wilbur]

Yeah because of the nature of digital currency it is difficult to track who tho transacted with who

And there are no limits when it comes to crypto so that is one of the best way to hide assets

[dmbadillo10]

2 minutes ago, wilbur said:

Yeah because of the nature of digital currency it is difficult to track who tho transacted with who

And there are no limits when it comes to crypto so that is one of the best way to hide assets

Exactly.

I hope, this won't get abused by many. We all know that if something is abused, or taken to its limits, it will have a bad effect for everyone.

[btcstar31]

Bitcoin can be owned by a politician & it is accepted in few countries like Australia,USA ,UK ,Europe & few more Countries,

 

 

[dmbadillo10]

1 minute ago, btcstar31 said:

Bitcoin can be owned by a politician & it is accepted in few countries like Australia,USA ,UK & few more Countries,

 

 

Right.

As no one can track crypto transactions, politicians prefer to use it for their assets.