Can Bitcoin be used for Good?

[rickadone]

of course bitcoin can used for good thing,lets see some foundation that accept bitcoin,bitcoin not just used for money purpose,and i dont know why people always show bitcoin used for illegal acitivity than show bitcoin for good purpose.

Yeah, I think bitcoin created for things that are good. Because basically bitcoin is money, so the money can not do evil I suppose. But people who have the money to do evil, and therefore do not ever blame bitcoin. But blame people using bitcoin for illegal activities. I think the assumption bitcoin for negative activity should be eliminated, because I think it's just politics carried out by people who do not like bitcoin.

Some people are just too stupid to think that bitcoin has nothing to do with the nature of the business or transaction done. They would just immediately conclude that bitcoin is evil just because some people have done illegal things that had bitcoins involved.

[bestluck]

of course bitcoin can used for good thing,lets see some foundation that accept bitcoin,bitcoin not just used for money purpose,and i dont know why people always show bitcoin used for illegal acitivity than show bitcoin for good purpose.

And I will say bitcoin will be more better for donations, as with that no one will know that this is you who are paying that much, and so no one will be able to calculate that how much can you afford to give in charity and in this way you will be prevented from robbers.

[raj1]

yes bitcoin can be used as a asset too. we can make physical bitcoin coins too if needed but that will just spoil its freedom and anonymity

[Munna98]

Why not? Now bitcoin is using everywhere. We can donate our bitcoin to some organization which work for human,wild life etc. Student can use it for their educational purpose.

[ASHLIUSZ]

Why not? Now bitcoin is using everywhere. We can donate our bitcoin to some organization which work for human,wild life etc. Student can use it for their educational purpose.

If we have good amount of bitcoin we can donate it. We are spending the bitcoin which we are earning for our family, children, their education and for our daily life expenses, that is always good.

[Zulucia]

Why not? Now bitcoin is using everywhere. We can donate our bitcoin to some organization which work for human,wild life etc. Student can use it for their educational purpose.

If we have good amount of bitcoin we can donate it. We are spending the bitcoin which we are earning for our family, children, their education and for our daily life expenses, that is always good.

We can donate or distribute a small proportion of the bitcoin and that is a good way to promote the bitcoins.

[avikz]

Not just bitcoin but any fiat currency can be used for good if human civilization wants it. Otherwise it will be used for bad only. But I think a mix of good and bad will always be there.

Good people will use it for good and criminals will use it for bad. I guess we all have to live with that only.

[Achargeturry78]

I don't think that would work for now because not all of us are aware of bitcoin and if it does soon, it is still hard to deal with. in time i think but not for now.but when you just look it on the other side, maybe we can use this for the fast transactions and it is good because the price is unstable . we just need to make the price high LOL

[Script3d]

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.

bitcoin can be use either good or bad depends what the user will do
i saw a guy that feed childrens using bitcoin

[keaderza]

People are the ones using it for bad things "if you categorize them like that", I am sure USD is being used for many despicable things but that's because people use it like that not because of itself, The same with bitcoin. If people get more legitimate uses for it then it would fill those as well.

[warwar]

Why not? Now bitcoin is using everywhere. We can donate our bitcoin to some organization which work for human,wild life etc. Student can use it for their educational purpose.

If we have good amount of bitcoin we can donate it. We are spending the bitcoin which we are earning for our family, children, their education and for our daily life expenses, that is always good.

We can donate or distribute a small proportion of the bitcoin and that is a good way to promote the bitcoins.

You're right so that the bitcoin will spread world wide But not only because of promotion of bitcoin or advertising it the purpose of that is to help no other than that , help those people who needs it then soon they could help the bitcoin community and spread it worldwide

[romero121]

I use bitcoin for mobile recharges but some times gamble with them also.Gambling i think can be considered bad.

Your first choice in utilizing bitcoin, is good enough. However the second option to utilize bitcoin, is an option that can indeed be bad for you. Because in gambling we must be good at controlling myself and can't do gambling amateur

There are many good ways to spend bitcoin where we can use for productive ways, then why should we waste our hard earned coins in shit thing like gambling.

Well said, lots of availability is there on spending bitcoin and the methods were also getting counted day by day, but the human minds were full of greediness which forces them into gambling and loss their hard earned bitcoins.

[delliaerd]

I use bitcoin for mobile recharges but some times gamble with them also.Gambling i think can be considered bad.

Your first choice in utilizing bitcoin, is good enough. However the second option to utilize bitcoin, is an option that can indeed be bad for you. Because in gambling we must be good at controlling myself and can't do gambling amateur

There are many good ways to spend bitcoin where we can use for productive ways, then why should we waste our hard earned coins in shit thing like gambling.

Well said, lots of availability is there on spending bitcoin and the methods were also getting counted day by day, but the human minds were full of greediness which forces them into gambling and loss their hard earned bitcoins.

I really don't prefer gambling at all to do.  It is only gratuitous all of yours, bitcoins, times and minds. I agree with above me there is many other ways to spending bitcoin rather than do gamble like a sht. Use bitcoin normally such as buy a good, trading, even use bitcoin as a real capital to make a real business, but must to change bitcoin into fiat if not support bitcoin to do that.

[blackmachinegun]

I use bitcoin for mobile recharges but some times gamble with them also.Gambling i think can be considered bad.

Your first choice in utilizing bitcoin, is good enough. However the second option to utilize bitcoin, is an option that can indeed be bad for you. Because in gambling we must be good at controlling myself and can't do gambling amateur

I think no matter what you use with your bitcoin if you use it correctly and you know the risks of what would happen then perhaps it could be called as a good use. including gambling. if you can accept all the possibilities are there then it is okay

[TastyChillySauce00]

I use bitcoin for mobile recharges but some times gamble with them also.Gambling i think can be considered bad.

Your first choice in utilizing bitcoin, is good enough. However the second option to utilize bitcoin, is an option that can indeed be bad for you. Because in gambling we must be good at controlling myself and can't do gambling amateur

I think no matter what you use with your bitcoin if you use it correctly and you know the risks of what would happen then perhaps it could be called as a good use. including gambling. if you can accept all the possibilities are there then it is okay

from when gambling could be called a good activities? it's definitely just losing and gaining back your money and repeating this cycle until you just get away from gambling,gambling will sometime make you rich but there's a time when you'll be losing too
i guess you should read this : https://www.problemgambling.ca/EN/AboutGamblingandProblemGambling/Pages/TheEffectsOfGambling.aspx
to know why gambling could impact you in so many factors and definitely why it's not a good activities

[X-ray]

yes bitcoin can be used as a asset too. we can make physical bitcoin coins too if needed but that will just spoil its freedom and anonimyty

physical bitcoin have nothing to do with the freedoom and anonimity,even physical bitcoin is actually more untraceable and more anonym  than the bitcoin itself,bitcoin's history transaction is widely published and really traceable

[Tazze]

Bitcoin is a good currency in system and mechanism, if there are those who sell drugs with it that is in no way the fault of BTC.

[funbarrel]

Bitcoin is a good currency in system and mechanism, if there are those who sell drugs with it that is in no way the fault of BTC.

thats true, there are drugs sold with fiat too so i dont think that this problem is exclusive to bitcoins, though there is a lot of shit dumped by the media on bitcoins because of that

[ronaldo40]

Bitcoin is a good currency in system and mechanism, if there are those who sell drugs with it that is in no way the fault of BTC.

thats true, there are drugs sold with fiat too so i do not think that this problem is exclusive to bitcoins, though there is a lot of shit dumped by the media on bitcoins because of that

I think bitcoin same as other currencies, can be used for good or bad, depending on the purpose of people use it. and we can not blame the currency if it had been used for something bad.

[jostorres]

Bitcoin is a good currency in system and mechanism, if there are those who sell drugs with it that is in no way the fault of BTC.

Bitcoin is neither good nor bad. It is very neutral and does not side with any since it does not have the capability to do so like any other currency or payment system.
We, the people, on the other hand, have the power to influence the bitcoins into dragging them to a good nature or bad nature of business so it is all up to the users whether bitcoin will be used for good or for bad. Over all we can say bitcoin is good, but all the bitcoin users are not good.