Can Bitcoin be used for Good?

[newcoins1978]

Maybe there could be a chance that this is gonna happen with the bitcoin but we need a lot more users to let this succeed in my eyes.
The future could help us, with as a example the halving in our eye  sight its possible for sure( the growing part).

[Nimbulan]

It could be used for good although I do not think this will happen to be honest, because banks are still a lot bigger.
Maybe in the future this is possible.

well but banks dont actually disallow people to use bitcoins for doing some good stuff in my opinion because people are free to do whatever they want with the bitcoins they have now

i think that bitcoins surely can be used for good causes as people can easily donate them to charities that would turn it to fiat and use for good causes, though thats just my opinion

[Piltover]

It could be used for good although I do not think this will happen to be honest, because banks are still a lot bigger.
Maybe in the future this is possible.

well but banks dont actually disallow people to use bitcoins for doing some good stuff in my opinion because people are free to do whatever they want with the bitcoins they have now

i think that bitcoins surely can be used for good causes as people can easily donate them to charities that would turn it to fiat and use for good causes, though thats just my opinion

Bitcoin is used for good already. Just look at companies who accept bitcoin donations etc.
There is Stellar and a few more coins who use their infrastructure to help the poor. Sure it can be more but it's already happening for the good.

[thend1949]

Bitcoin can be used for good. You can transact easily, You can earn here by many ways like trading, mining, or signature campaining in this forum. I think the good question that you post is Can bitcoin used for good or Bad? If thats the question that you want to know my answer is Yes it can use in Good or Bad but it depends upon the person using it.

[GamingBro]

Why money can't be used for good things? You can donate with bitcoin or you can just buy smth with bitcoin, is it bad? i don't think so. So strange question.

[Doms]

If bitcoin used to have a somewhat bad reputation before, it's because people were not aware of the potential for it to be put to good use. As what was said in the article, more and more people are starting to realize that it's an alternative to our traditional banks and even low income people can do transactions, because it's sometimes very hard to deal with banks who asks for too many requirements.

[dumada]

Why money can't be used for good things? You can donate with bitcoin or you can just buy smth with bitcoin, is it bad? i don't think so. So strange question.

When the Wall Street or major financial institutions have enough holding in bitcoin, they will express that the bitcoin is a good thing.

[pereira4]

Why money can't be used for good things? You can donate with bitcoin or you can just buy smth with bitcoin, is it bad? i don't think so. So strange question.

When the Wall Street or major financial institutions have enough holding in bitcoin, they will express that the bitcoin is a good thing.

I don't think they will ever do that because Bitcoin goes against the status quo, and they hate anything that goes against the establishment. Also unless they start stacking up really heavy now, they will never have an amount high enough to be safe to do such a thing. They will always fear that satoshi has 1 million coins.

[nygaar]

I've never used Bitcoins into something bad. I buy electronics and playing at casinos.

[quintiilieo]

Can bitcoin can be used for good or bad but you can decide if you want to be used it for good. Theres many ways to the good things you can earmed here without doing something bad to other you just need only your time .

[Barbut]

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

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.

From people depends will something be used for good or bad. It is in choices that we need to make everyday. We give shape to things around us, so answer on your question is pretty simple: Yes it can! Will it be? Who knows.. again that depends from all of us.

[adibe]

I've never used Bitcoins into something bad. I buy electronics and playing at casinos.

Same here, i also never used bitcoins for something bad like scamming people. I used bitcoin for goods, i earned that bitcoin and turn it into fiat and give it to my family.

[romero121]

Why money can't be used for good things? You can donate with bitcoin or you can just buy smth with bitcoin, is it bad? i don't think so. So strange question.

Money or bitcoin can be used for bad as well good things. What user prefer depends upon his mentality and need. Here most users use bitcoin for good things than illegal activities.

[Kartikay]

Bitcoins are now a days are being used for good purposes also. More will be the popularity of coin better will be its use. I am currently using it for mobile recharge and online shopping. I had also bought pizza with bitcoins a few times. The app that I am using for mobile recharge is currently working on options like paying electricity bills with bitcoins.

[bittrojan]

of course,last week i saw thread about bitcoin foundation,and looking for fund with bitcoin,its a good thing that doing with bitcoin,every payment should used for good purpose.

[BitsandBites]

Bitcoin has never done anything wrong, just blame users who use bitcoin for criminal activity.
I'm sure most users use bitcoin for something good/positive, but no one cares when someone use something for something good.

I've never used Bitcoins into something bad. I buy electronics and playing at casinos.

Religious person consider casino and gambling as something bad and think it's a sin

Bitcoin is not all about gambling and think about the fact most people do that with fiat too. And there are many foundations that are trying to help the poor
using bitcoin.

[daringdiscovered]

Bitcoin is designed for both good and bad things online.Anyone can do illegal things online using bitcoins such as buying drugs or high grade weapons online.But bitcoin  is most likely designed for good purposes,like to help peoples earn free money online.But it depends on the person who will be using it if he will use it for bad or good things.

[equator]

Bitcoin is designed for both good and bad things online.Anyone can do illegal things online using bitcoins such as buying drugs or high grade weapons online.But bitcoin  is most likely designed for good purposes,like to help peoples earn free money online.But it depends on the person who will be using it if he will use it for bad or good things.

what you told is perfect it upto the users who use bitcoin is good or bad, if his intentions are bad then it will be used for wrong or bad purposes mostly go for bitcoins are for gambling and some sites like porn etc,  where they dont want to give their details and just wanted to enjoy it.

Everything has their both sides good and bad , so we cannot say which is right.

[sana54210]

Bitcoin is designed for both good and bad things online.Anyone can do illegal things online using bitcoins such as buying drugs or high grade weapons online.But bitcoin  is most likely designed for good purposes,like to help peoples earn free money online.But it depends on the person who will be using it if he will use it for bad or good things.

what you told is perfect it upto the users who use bitcoin is good or bad, if his intentions are bad then it will be used for wrong or bad purposes mostly go for bitcoins are for gambling and some sites like porn etc,  where they dont want to give their details and just wanted to enjoy it.

Everything has their both sides good and bad , so we cannot say which is right.

But in the eyes of a commoner who doesn't have a concrete idea about bitcoins, they see bitcoins as a currency used for illegal trades of goods and services.

Even though we already know to ourselves that we can do good and bad things with bitcoins, we also have some kind of an obligation to remove the stigma that bitcoin is only used for bad stuff. Maybe buy them pizza using bitcoins. That's probably going to make them think.

[Labumi]

Bitcoin is designed for both good and bad things online.Anyone can do illegal things online using bitcoins such as buying drugs or high grade weapons online.But bitcoin  is most likely designed for good purposes,like to help peoples earn free money online.But it depends on the person who will be using it if he will use it for bad or good things.

Yeah, but all of this I think it is indeed reasonable because there is something in the world is there a possibility for sure there are always good and bad side. But there's also the bitcoin system do preventive for such transaction i.e. coinbase, I think if there have been many who does bitcoin wallet will all do the same thing as coinbase