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Bitcoin fixes this: Pandora Papers leak, bigger than the Panama Papers, continues to expose how the system is rigged

Bitcoin fixes this: Pandora Papers leak, bigger than the Panama Papers, continues to expose how the system is rigged



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31 Comments

  1. I estimate a total of 3 convictions to come from these revelations. All surmounting a total of 1 day in court and a fine of whatever pocket change you have on that given day.

  2. Can people here decide already if BTC has issue with privacy or not?

    Every time I point out, that if bitcoin becomes a common currency, our life will become uncomfortably transparent. Everybody can look up how much money you have, what are you spending them on etc.

    But than bitcoin fanboys tell me that I can generate new addresses every time I send money, or use lightning network, or use mixers. And that would be enough to protect my privacy.

    But at the same time, the same fanboys claim that Bitcoin will fix corruption because politicians will not be able to hide their wealth. Cant corrupt people also use the same techniques?

  3. This kind of info is already well know, and labeled a conspiracy theory, the public does not care for this stuff because the media will never put it on the airways. So cool video but 🤷🏼‍♂️

  4. Bitcoin does not fix this at all. The lawyers and shell companies will continue to provide advanced services for tax optimization to the rich. Instead of using banksters with outragious fees, it can all be done internally and the rich can do it themselves to move assets to places that won’t be taken for bottomless social spending. Apple and large multinational does this all the time to optimize taxes, the Pandora Papers. What crypto does is allow the average joe to do what the rich and conglomerates do to optimize taxes. Bitcoin breaks down borders and unites nations at the currency level. That’s big.

  5. Notice how there are no US politicians in the ‘Pandora Papers’? I wonder where this ‘leaked’ report come from, not like Nancy Pelosi isn’t worth hundreds of millions from being a politician while insider trading etc

  6. I’m way more excited about 1BTC=1BTC though

    It sounds stupid but there should be a level playing field for how easy or difficult bribery and embazzlement is. It leads to worse outcomes when the system only enables a few.

    I’m not even sure btc achieves it, it certainly protects the holder better than fiat though lmao

  7. This seems like one of many cases where the “Bitcoin fixes this” meme has been applied a little too liberally. I’m unsure how we go from having an open and decentralised currency to preventing money laundering. In fact, Bitcoin probably makes these crimes a lot easier.

    Maybe OP’s point was that Bitcoin helps fix wealth inequality by putting a wrench in the money printer? Or perhaps that under a Bitcoin standard everyone becomes equally equipped for tax evasion and wealth obfuscation, and that this is no longer a luxury reserved just for the wealthy?

  8. Wake up buddy, Bitcoin absolutely **doesn’t** fix this. If anything, it makes it even worse lol. Did you ever stop to consider what does it mean for an asset to be censorship resistant and non confiscatable? And with all the anonymity improvements coming on Bitcoin, it will become increasingly easier to transact anonymously. At that point there won’t be no Pandora Papers available LMAO!!

  9. With news like this, I believe that global assets are worth quadrillions in dollars while credit suisse reports tell us that the global world assets are just 400t $ (maybe they also do not know how much the wealthy have hidden). One step closer for some fiat currencies to become toilet paper.

  10. I don’t want BTC to fix anything. I would like to be around 2013 again, when hardly anyone, including the police, has heard about it in my country, so I could buy psychedelics and stolen porn accounts in peace.

What do you think?

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