How cryptocurrency could help stem political corruption in the United State and worldwide

in crptocurrency •  6 years ago 

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In 1970's, the United State Supreme court ruled that "corporation are people, the open up a can of worms and now Americans have to figure out how to get them back into the can" but some time it get worse and in 2010 the also ruled that money was speech and donations can therefore be unlimitedly essential and anonymous.
The result of this come up everyday in the news like the legislative body that worry more about raising money than legislating and also political campaign all these are political corruption and organization that sprung up to fight this corruption in attempt to get money out of politics. Example of this organization is Mayday Political Action Committee (PAC).
Though this is not the only organization trying to reduce the influence of big money into politics. Even in internet news show that young turks has formed a PAC like organization called Wolf Pack and it is attempting to get a constitutional convention and amendment.
With the opening up to Bitcoin, PAC could prove to be very smart move, especially if the PAC support candidate who are in favour of an open internet and privacy. This will spring up others of like group to follow suit and utilized this advantage of this fast and easier way to donate fund to party.

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hey @mnine3 Technological advances have made it possible to dramatically increase the accountability and transparency of public financing to reduce corruption. thanks for sharing...