Can Bitcoin be used for Good?

[Tanic]

I do not use bitcoin for anyting bad. I use it to buy computers and graphics cards to do some mining.

Good or bad, but bitcoin is spended. I spend my bitcoin for buying clothes and things online. This way I can spend unnecessary costs that goes together with cashing out bitcoins. A month ago I bought myself new smartphone with bitcoin.

[kevin135]

Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.

[Positid]

Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.

It's a holder's decision on how to spend his money, but all we can do here is just to hope that he won't do anything bad that he will regret the consequences in the future. Bitcoin is not at fault on this, but we the decision maker.

[Zulucia]

Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.

It's a holder's decision on how to spend his money, but all we can do here is just to hope that he won't do anything bad that he will regret the consequences in the future. Bitcoin is not at fault on this, but we the decision maker.

That is right. But now, it is better to hold and will not regret.

[roadbits]

Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.

Because bitcoin transactions are anonymous so people who want to buy those things mostly try to use these anonymous coins to hide their activity. It is quite bad for bitcoin reputation even though many people use it for good purpose but only bad things will be highlighted always.

[1Referee]

Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.

It's a holder's decision on how to spend his money, but all we can do here is just to hope that he won't do anything bad that he will regret the consequences in the future. Bitcoin is not at fault on this, but we the decision maker.

That is right. But now, it is better to hold and will not regret.

It depends on what your intentions are. No matter what kind of holder you are, you definitely don't want to miss out on securing profits at certain price levels. It doesn't mean you have to sell a lot, but just so you get a good feeling where you might benefit in the way that when the price goes down, you can buy more coins for the same amount of money. In the long run you'll end up holding much more coins than where you started with. It's called smart investhing. Current levels are perfect for that.

[raja2sumi]

With bitcoins in hand u can give ur college fees to some extend .and otherwise u can earn bitcoins and use them to buy ur daily necessary stuff. Or if ur generous give ur bitcoins to charity ,this is the best thing u can do.

[Pettuh4]

Yes it can be used for good, I don't see it (bitcoins) getting out of the system any moment from now so it can be used for good.

[Yutikas_11920]

Yes it can be used for good, I don't see it (bitcoins) getting out of the system any moment from now so it can be used for good.

Yup, indeed bitcoin appears to help everyone so bitcoin can indeed be used for good. However I feel that right now many people are using bitcoin for its importance and many of them do something that is illegal in the bitcoin. So when they caught the bitcoin's getting worse among those who did not yet know the bitcoin properly. Indeed it can give sense to everyone, but the information is very bad if they do not know well about the bitcoin