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Author Topic: Can Bitcoin be used for Good?  (Read 38269 times)
Superbitzz
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May 28, 2016, 03:24:42 PM
 #161

yes of course. bitcoin can be use for good. just like other flat currency. i personally do not know about such organization who accept bitcoin. but some one has comments that he personally know about such organization who accept bitcoin as charity. so its a very good trend i think. it will put a very good impression on bitcoin .so we are hopeful that very soon bitcoin will become a global currency.
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May 28, 2016, 03:41:30 PM
 #162

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.

Of course, I always use bitcoin for a good purpose, probably out there are many who use bitcoin to negative. but I prefer to believe that the more people using bitcoin to a good purpose. thank you
LiberOptions
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May 28, 2016, 04:16:17 PM
 #163

Of course that bitcoin can be used for good! There are a lot of nonprofit organisations that contribute to humanitarian causes. Since the begining, bitcoin was used for charitable campaigns and has served has a tool to help many organisations.
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May 28, 2016, 05:00:02 PM
 #164

I hope so, because many people today already knows bitcoin and what they did is tell all thier friends and relatives to start making bitcoins, this is one way why bitcoin gets popular all day.
BitcoinSupremo
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May 28, 2016, 05:02:16 PM
 #165

Of course it can be used for good, now its not the time cause the price is going up, but one usage for good, is when you convert it to FIAT and add up your balance to your bank account, a few extra money is good for anyone of us here I think. I repeat now is not the time to do this, price going up real good almost 500 USD now.
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May 28, 2016, 05:46:12 PM
 #166

I hope so, because many people today already knows bitcoin and what they did is tell all thier friends and relatives to start making bitcoins, this is one way why bitcoin gets popular all day.
I think bitcoin is already beginning to be used for things that are good, even though there are still many people use for illegal things, but someday may bitcoin only be used for things that are fine


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May 28, 2016, 05:49:26 PM
 #167

What kind of a question is this? It's a currency, it's not good nor bad. People are good or bad.
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May 28, 2016, 06:14:11 PM
 #168

I hope so, because many people today already knows bitcoin and what they did is tell all thier friends and relatives to start making bitcoins, this is one way why bitcoin gets popular all day.

Numbers of bitcoin users aren't  yet established a good increase in numbers in terms of popularity if we talked about the stats today.

It's just that you are here in this forum that's why you said it's getting popular day by day.

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crairezx20
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May 28, 2016, 06:23:23 PM
 #169

Of course that bitcoin can be used for good! There are a lot of nonprofit organisations that contribute to humanitarian causes. Since the begining, bitcoin was used for charitable campaigns and has served has a tool to help many organisations.
Yeah its already been use for good like brazil theres 150 store are accepting bitcoin as payment and many online stores too are accepting bow as payment ..so bitcoin already been used for good..
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May 28, 2016, 06:36:05 PM
 #170

Yes bitcoin can be used for good. Here in the philippines we use coins.ph bitcoin wallet that uses our bitcoin as payment for our electric bill, water bill, and credit card bill. It is also used to recharge prepaid credits and to buy steam wallet codes.
MWesterweele
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May 31, 2016, 02:59:40 AM
 #171

In terms of using bitcoin on good things.Yes it can.Bitcoins is not always use in bad and illegal things online.Most people or lets say bad people mostly use bitcoins on prostitution or drugs and illegal weapons.But most people still use bitcoind as source of income or extra money.And they use bitcoin on growing their money not for illegal intentions.

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Cybertron00
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May 31, 2016, 11:06:48 AM
 #172

Yes of  course.Bitcoin is currency it can be used on both bad and good leal ang illegal things online or in real life.You cant eliminate the fact that bitcoins is mostly use on  illegal things because of anonymous and untracable and less hassle transactions.Yet still bitcoin is a currency wether it is a cryptocurrency orphysical currency it can be used on bad and good things.
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May 31, 2016, 11:25:48 AM
 #173

Bitcoin is just a digital form of the currency. So same as you use physical currency for all needs bitcoin too can be used. Right now the direct usage access is low, when years pass this could change.

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May 31, 2016, 12:26:49 PM
 #174

Bitcoin is just a digital form of the currency. So same as you use physical currency for all needs bitcoin too can be used. Right now the direct usage access is low, when years pass this could change.

Agree with that. There are less usage for now but that can change. As long as there are people that will be open for new thing then it will be all possible. We just need to be patient with it and look forward on making more people get in to it. Perhaps, the best would be with those businessman.

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May 31, 2016, 02:04:55 PM
 #175

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.
You see that Bitcoin will be the future payment method and that is because the value of the Bitcoin is now rising slowly so that is really nice for the Bitcoin and there are now many people that will get to know about it.
So that is really nice but you also can see now that there will be more people that is using Bitcoin a lot and stores have to make it also more acceptable now so we can spend it more.
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May 31, 2016, 02:09:56 PM
 #176

Those are good reasons, Save BitCoin Save the World
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May 31, 2016, 02:38:04 PM
 #177

I havent used my bitcoin in bad yet and i dont have entension at all. Btc is online currency, just like fiat it can be use both in good or bad.
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May 31, 2016, 02:53:58 PM
 #178

Of course Bitcoin can be used for Good because that is what I am doing not everybody makes use of Bitcoin in a bad way. If you just buy and sell your coins for a profit then you are doing nothing bad at all.
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May 31, 2016, 03:00:33 PM
 #179

I am with bitcoin from last 3 years but never used this currency to buy any bad item or stuff to use into my real life, i am using it to buy those things which i can buy with normal fiat currency so that i don't think it can be used to buy something bad because it is most useful currency than any other.
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May 31, 2016, 04:19:03 PM
 #180

Any currency can be used for good, any even small donation to other people is using bitcoin for good i think. So bitcoin can be used for good for sure.

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