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Author Topic: Can Bitcoin be used for Good?  (Read 38269 times)
alisafidel58
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April 14, 2016, 03:27:08 AM
 #101

Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.


Some people are gaining money from selling guns and drugs and its good for them,bitcoin has many good uses for giving help to organization that is helping others who are in need.
Metadextrous
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April 14, 2016, 03:29:20 AM
 #102

Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.

Guns and drugs are great... who are you kidding! Tongue
says someone with a dank weed shop in their signature  Roll Eyes
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April 14, 2016, 05:18:15 AM
 #103

Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.

Guns and drugs are great... who are you kidding! Tongue
says someone with a dank weed shop in their signature  Roll Eyes

I'm a strong supporter of the Second Amendment & keeping cancer folks comfortable. Smiley

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April 14, 2016, 05:29:34 AM
 #104

I remember reading about a Bitcoin fund-raising campaign to save the last endangered rhinoceros in Africa.  I think this article covers the right story: http://www.coindesk.com/bitcoin-helps-anti-poaching-teams-new-charity-campaign/ I think there were just 3 or 4 rhinos left and they were trying to save them and hopefully make them breed. I checked the wildlife organization website and they no longer accept Bitcoin looks like it was just a joint venture with a Bitcoin payment processor for a while.
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April 14, 2016, 05:54:52 AM
 #105

I remember reading about a Bitcoin fund-raising campaign to save the last endangered rhinoceros in Africa.  I think this article covers the right story: http://www.coindesk.com/bitcoin-helps-anti-poaching-teams-new-charity-campaign/ I think there were just 3 or 4 rhinos left and they were trying to save them and hopefully make them breed. I checked the wildlife organization website and they no longer accept Bitcoin looks like it was just a joint venture with a Bitcoin payment processor for a while.

Yes i read that also but i think thats doge correct me if im wrong, but bitcoin can be use for good because its still a currency many online charity programs that accepy bitcoin as donation and they do charity works to those helpess people. And i salute to those people who do charity works in africa and thats a good step bitcoin is easy to be transfer to charity institution.

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April 14, 2016, 11:17:09 AM
 #106

I remember reading about a Bitcoin fund-raising campaign to save the last endangered rhinoceros in Africa.  I think this article covers the right story: http://www.coindesk.com/bitcoin-helps-anti-poaching-teams-new-charity-campaign/ I think there were just 3 or 4 rhinos left and they were trying to save them and hopefully make them breed. I checked the wildlife organization website and they no longer accept Bitcoin looks like it was just a joint venture with a Bitcoin payment processor for a while.

not, both the article linked and the OP made a blanket assertion that Bitcoin is, at present, only used for bad things. And I disagree with your assessment that majority opinion matters. That means that if more than half of a population in a given jurisdiction decide that some activity of yours is "bad", then they will force you to stop under threat of official violence.
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April 14, 2016, 11:25:44 AM
 #107

http://www.theatlantic.com/technology/archive/2016/04/bitcoin-hype/477141/

Quote
Something strange is happening to Bitcoin. Once viewed as a way to do business in the darkest corners of the web, the digital currency has rather suddenly become a favorite talking point among humanitarians and international development enthusiasts.

Bitcoin isn’t just for illicit transactions or Internet hobbyists anymore, but for helping the poor, the downtrodden, and the unbanked.

Perhaps Bitcoin can save them! Perhaps Bitcoin can save the world!

Regardless of whether this attitude is realistic—and more on that in a minute—the people focused on demonstrating the social benefits of Bitcoin are challenging existing narratives about the cryptocurrency. While early commentary focused on how Bitcoin might be used to buy drugs online, or for sending money without a paper trail; the social-good argument suggests that these uses were simply the first use-cases in which Bitcoin’s utility became apparent. But there are billions of other potential use. There are, for example, people who face significant obstacles in operating within the formal banking system—and these folks look very different from the shadowy hackers that tend to be seen as the prototypical Bitcoin user. They could be low-wage migrant workers sending money back home to their families, for example, or activists receiving money from abroad during tumultuous times.

why ask question when you already gave the answer? its too obvious that bitcoin can be use to do good, bitcoin is also a money which is used as a internet currency and can be exchange into fiat money.

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barbara44
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April 15, 2016, 07:56:20 AM
 #108

Bitcoins in general can be used in both good and bad ways. It is really up to the owner or holder of bitcoins to do whatever he wants. Bitcoin is freedom itself. Although of course, by normal means it is always recommended that we use bitcoins for good.
JeanMcCoy
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April 15, 2016, 09:15:36 AM
 #109

Bitcoin is getting more used and that is quite nice for the currency it self, but the bad thing of Bitcoin is that the value is impossible to predict so you never know what will happen.
And the good thing is that Bitcoin is getting now more acceptable at different places so that is nice.
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April 15, 2016, 09:16:51 AM
 #110

Bitcoins in general can be used in both good and bad ways. It is really up to the owner or holder of bitcoins to do whatever he wants. Bitcoin is freedom itself. Although of course, by normal means it is always recommended that we use bitcoins for good.

Very true dude. Bitcoin is freedom and it depends on someone who use it if he or she will use it in good ways like donating something to charity or in bad ways buying some illegal drugs in dark web.
arwin100
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April 15, 2016, 11:07:07 AM
 #111

Bitcoins in general can be used in both good and bad ways. It is really up to the owner or holder of bitcoins to do whatever he wants. Bitcoin is freedom itself. Although of course, by normal means it is always recommended that we use bitcoins for good.

Very true dude. Bitcoin is freedom and it depends on someone who use it if he or she will use it in good ways like donating something to charity or in bad ways buying some illegal drugs in dark web.


Bitcoin can be use for good nor bad it very depends on user on how to spend it because no one can tell to holder on what to do to his money. Bitcoin can be donated to charity by goods stuff,gift and payment it can be used as bad also buy disastrous weapon,porn and hired a killer in darknet.

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April 15, 2016, 03:32:38 PM
 #112

Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.


Some people are gaining money from selling guns and drugs and its good for them,bitcoin has many good uses for giving help to organization that is helping others who are in need.

Yeah, bitcoin has been used for good and bad. Right now if you make a survey you'll understand bitcoin is used more for good rather than bad.

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April 15, 2016, 03:57:45 PM
 #113

Of course Bitcoin can be used for good, that's only depending on the users themselves, they can use it for good or bad purposes online, just like using fiat and cash and other currencies .
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April 15, 2016, 04:06:33 PM
 #114

Yes bitcoin can be used for good why not? It's an anonymous way of paying doest mean it would be used only for illegal purposes. Today you can buy almost anything with bitcoin, and it's way easier to buy with bitcoin than with methods. That's the main reason why I use bitcoin.
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April 15, 2016, 04:10:53 PM
 #115

Not just because some people uses bitcoin for wrong doing such as buying things in Deepweb or Darkweb due to bitcoin's anonymity doesn't mean bitcoin can't be used for good. Well as I've observed most people who's using bitcoin are using it for good such as earning money through bitcoin so that they can buy things they really want.

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April 16, 2016, 07:33:30 AM
 #116

Not just because some people uses bitcoin for wrong doing such as buying things in Deepweb or Darkweb due to bitcoin's anonymity doesn't mean bitcoin can't be used for good. Well as I've observed most people who's using bitcoin are using it for good such as earning money through bitcoin so that they can buy things they really want.

like of everything on world, bitcoin has pros and cons as well. It can be used for good as well as bad. Honestly, it just depends upon it's users. Terrorists may use it to hide money, people may use it to buy illegal stuff, politicians may use it to hide their illegally squeezed money.
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April 16, 2016, 08:52:40 AM
 #117

As soon as i know bitcoins have alot of good qualities, and i m using bitcoins online bills payment and litter bit purchases, but it depend on you if you used bitcoins for goods then you will receive good result.
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April 16, 2016, 08:56:28 AM
 #118

I use the bitcoin to buy on line goods such as computers and pay phone bills. That is good for the economy.
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April 16, 2016, 08:57:53 AM
 #119

As soon as i know bitcoins have alot of good qualities, and i m using bitcoins online bills payment and litter bit purchases, but it depend on you if you used bitcoins for goods then you will receive good result.

Bitcoin has many good ways or good uses for it,yes it depend on the person on how he will use bitcoin on his hands he can do buy some good stuff in the internet or buy bad stuff as well.
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April 16, 2016, 08:59:21 AM
 #120

I have never used Bitcoin for sonething illegal but some people use it only for that reason. I usualy buy online or in normal stores using BTC debit card.

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