Can Bitcoin be used for Good?

[Dr.Osh]

Still now I have been using bitcoin for good purposes like mobile recharge and some online purchase. I have a wish to go for gambling. I don't know whether it is good or bad.

gambling is bad. it can make you lose your bitcoin

anyway I can buy goods, books, with my bitcoin, but I first convert it to fiat money because the shop doesn't accepts bitcoin.

Well, of course, bad gamble, maybe you can use bitcoin for investing in one orphanage or build a house for the future. it adalh a good thing to do

[znickelbackz]

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. That's highly questionable morality; if the activity isn't causing harm or loss, there is no justification for such behaviour, it amounts to nothing more than arbitrary bullying

this depend on what you call the majority, if we follow the 51% rule then you are right but if we call the majorit 99%? it may change everything, why few thounsad people's opinions in the world, should mater more or be equal to the opinion of everyone else?

Ok, why should 99 people determine what 1 person is permitted to do with their own life? Is there any point in being that 1 person, if you cannot make your own decisions? That 1 person may as well not exist at all.

Why have a life that is called yours, when you, the supposed owner of the life, cannot make choices they want to make. Surely your life doesn't belong to you under those circumstances?

one man against the world, huh? bunch of big question right there. if you find it hard to make clear answer, try not to face them straightly, forget them temporarily and go with the around path. learn the mechanics of this world and follow them, use them, that's the wise way to exist. should not be an extremist.

[pooya87]

cryptocurrencies has been used for charity work for a long time, it is mostly because of the fast way of donating even a very small amount with tiny fees.

i remember a year ago i saw a DogeCoin charity work for Africa it think it was called Doge africa or something, and they raised a lot of money just through tips.

[Amph]

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. That's highly questionable morality; if the activity isn't causing harm or loss, there is no justification for such behaviour, it amounts to nothing more than arbitrary bullying

this depend on what you call the majority, if we follow the 51% rule then you are right but if we call the majorit 99%? it may change everything, why few thounsad people's opinions in the world, should mater more or be equal to the opinion of everyone else?

Ok, why should 99 people determine what 1 person is permitted to do with their own life? Is there any point in being that 1 person, if you cannot make your own decisions? That 1 person may as well not exist at all.

Why have a life that is called yours, when you, the supposed owner of the life, cannot make choices they want to make. Surely your life doesn't belong to you under those circumstances?

i may agree if this 1 person is deciding only for his existance, but we are talking about deciding about the existence of the whole comunity, so we should follow the "majority rule" about consensus

[VanDeinsberg12]

Bitcoin definitely has a black eye thanks to a few. But I guarantee cash pays for 99.9% of illegal activity in this world.

Agree with that,without doing nothing wrong,bitcoin has have black label,black eye in some people view,this is can't denied. but the only thing still possible is doing some good thing with bitcoin,make foundation with bitcoin,giving charity and others,its will make bitcoin more like money.

I thought it was not easy to eliminates the negative image of the bitcoin, right means it will decrease a negative image about bitcoin but remained negative image of the bitcoin will still remain attached even just a little, but at basically people are already accustomed to using money and are unfamiliar with the new things.

Yeah we really cant take out to other peoples mind that to take negative thougs about bitcoin because of its anonimosity and also bitcoin they know is used for buying illegal goods in web thats why whe are users we need to educate them that bitcoin can be use for goods and we can earn by it. Maybe it future ir wilk be use to buy good stuff and can be a payment on online stores.

yeah of course,we need to planting some education for them.

[setupbounds]

Any currency can be used of the good purpose for the benefit of the Society and people. Using Bitcoin has an added advantage of no fee or tax involved in it and whole of the amount can be transferred for charitable purpose. and its easy too.

[Carlton Banks]

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. That's highly questionable morality; if the activity isn't causing harm or loss, there is no justification for such behaviour, it amounts to nothing more than arbitrary bullying

this depend on what you call the majority, if we follow the 51% rule then you are right but if we call the majorit 99%? it may change everything, why few thounsad people's opinions in the world, should mater more or be equal to the opinion of everyone else?

Ok, why should 99 people determine what 1 person is permitted to do with their own life? Is there any point in being that 1 person, if you cannot make your own decisions? That 1 person may as well not exist at all.

Why have a life that is called yours, when you, the supposed owner of the life, cannot make choices they want to make. Surely your life doesn't belong to you under those circumstances?

i may agree if this 1 person is deciding only for his existance, but we are talking about deciding about the existence of the whole comunity, so we should follow the "majority rule" about consensus

But what if 1% or 2% don't want to be in any community? What if you want to choose to create your own community, with your own rules? There is always some government or inter-governmental organisation that will spoil your plans, and it shouldn't have anything to do with governements or any other people when the land you wish to use for your community belongs (or supposedly does) to you.

What's the point of "owning" something, if a few million people you've never even met can tell you what you are permitted to do with it? Do you really own your house, or land, if you can't choose what you do there?

[danherbias07]

It depends on your conscience. If you want it to be used on the dark side then you can.  If you are talking about the real good there are communities that accepts bitcoin as a means of donation.
Also you can earn or invest use the profit as a tool of helping someone through the exchange in fiat.

[fravia]

Any currency can be used of the good purpose for the benefit of the Society and people. Using Bitcoin has an added advantage of no fee or tax involved in it and whole of the amount can be transferred for charitable purpose. and its easy too.

well there are very small fees to be honest though i can not argue with you that it is worse than the ordinary fiat transaction fees so i guess you are kinda right about it

lets hope bitcoins will be used to do only good stuff with it and there will be no bad things in it, i think that if this will happen bitcoin will replace all world currencies in the future

[Raja_MBZ]

Just 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. They may take the advantage of being anonymous. But hey, don't they still do that? It will only become more easier for them, nothing else.

[randy8777]

to be honest, i see bitcoin in its currency aspect as money. the same as the fiat money i use every day. you can basically do with it whatever you want. with fiat and bitcoin you can buy as many illegal things as you would like. there is really no difference here. and yes, these two currencies can also be used for normal things of course. once again, there is no difference.

[Carlton Banks]

Just 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.

Again, who defines who is the terrorist and who is the politician? The newspapers? The TV news?

The politicians label the terrorists, but the terrorists consider themselves simply politicians without adequate recognition (hence the fighting). If you come up with an abstract definition of terrorism and politics, they're actually rather similar in nature. Politicians are essentially the most successful terrorists. I consider them both to be equally vicious, just in different ways.

They may take the advantage of being anonymous. But hey, don't they still do that? It will only become more easier for them, nothing else.

Well, that's always been an inherent part of Bitcoin: rolling out Caribbean style banking secrecy to literally everyone.

[23dzmaz]

Still now I have been using bitcoin for good purposes like mobile recharge and some online purchase. I have a wish to go for gambling. I don't know whether it is good or bad.

gambling is bad. it can make you lose your bitcoin

anyway I can buy goods, books, with my bitcoin, but I first convert it to fiat money because the shop doesn't accepts bitcoin.

Gambling is not always bad imo, you can also win many bitcoins with gambling. But in the end yeah, you can lose many bitcoins on bitcoins. And i think bitcoins can be used for goods, like buying and paying something online.

[eternalgloom]

Something I've been thinking about for a long time is to offer a bounty for someone willing to make Bitcoin related images and/or iconsets and releasing them under public domain.

This is something I would only be able to do on this forum and with bitcoin due to the ease of making the whole process as transparant as possible and using a trusted escrow.

Bitcoin is just perfect for these kind of things.

[senyorito123]

Still now I have been using bitcoin for good purposes like mobile recharge and some online purchase. I have a wish to go for gambling. I don't know whether it is good or bad.

gambling is bad. it can make you lose your bitcoin

anyway I can buy goods, books, with my bitcoin, but I first convert it to fiat money because the shop doesn't accepts bitcoin.

Gambling is not always bad imo, you can also win many bitcoins with gambling. But in the end yeah, you can lose many bitcoins on bitcoins. And i think bitcoins can be used for goods, like buying and paying something online.

Yes but bitcoin is not accepted for buyings goods now so for now i use bitcoin for investing in. Good sites but before i do investing i will research and check nature and background where i put my money. And i hope bitcoin  be use as payment option in shopping malls.

[Amph]

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. That's highly questionable morality; if the activity isn't causing harm or loss, there is no justification for such behaviour, it amounts to nothing more than arbitrary bullying

this depend on what you call the majority, if we follow the 51% rule then you are right but if we call the majorit 99%? it may change everything, why few thounsad people's opinions in the world, should mater more or be equal to the opinion of everyone else?

Ok, why should 99 people determine what 1 person is permitted to do with their own life? Is there any point in being that 1 person, if you cannot make your own decisions? That 1 person may as well not exist at all.

Why have a life that is called yours, when you, the supposed owner of the life, cannot make choices they want to make. Surely your life doesn't belong to you under those circumstances?

i may agree if this 1 person is deciding only for his existance, but we are talking about deciding about the existence of the whole comunity, so we should follow the "majority rule" about consensus

But what if 1% or 2% don't want to be in any community? What if you want to choose to create your own community, with your own rules? There is always some government or inter-governmental organisation that will spoil your plans, and it shouldn't have anything to do with governements or any other people when the land you wish to use for your community belongs (or supposedly does) to you.

What's the point of "owning" something, if a few million people you've never even met can tell you what you are permitted to do with it? Do you really own your house, or land, if you can't choose what you do there?

this is the exact reason why i hate taxes, they impose you something that you not agree on, just because they decide to base it on the majority rule

the majority are paying taxes so you need to pay it too, then you have those creating their liberland and sitting there with no rule, no law, because they decided so, this is the example we can bring to discuss this clearly

and unless each one of us can go outside and create his own "liberland",  it's not possible for "him"(the guy that one to create his rule his comunity), to reach the absolute freedom until he die

[ralle14]

Yes you can that reminds me of an old member here in forum who already did this he uses the bitcoins he got to buy the needs of the less fortunate people.

[extrabyte]

Still now I have been using bitcoin for good purposes like mobile recharge and some online purchase. I have a wish to go for gambling. I don't know whether it is good or bad.

gambling is bad. it can make you lose your bitcoin

anyway I can buy goods, books, with my bitcoin, but I first convert it to fiat money because the shop doesn't accepts bitcoin.

Well, of course, bad gamble, maybe you can use bitcoin for investing in one orphanage or build a house for the future. it adalh a good thing to do

Yeah, the best way to spend bitcoin for good is to give some amount of it to charity in orphanage or to spend on some other needy people, maybe for their education.
I really appreciate your suggestion.

[MaritiJames3]

Yes you can that reminds me of an old member here in forum who already did this he uses the bitcoins he got to buy the needs of the less fortunate people.

I did not onow that. But it seems to me that every currency be it bitcoin or a dollar can be used for good.
Many charities depend an a steady income stream to depend on their existence.

[futurebit640]

Still now I have been using bitcoin for good purposes like mobile recharge and some online purchase. I have a wish to go for gambling. I don't know whether it is good or bad.

gambling is bad. it can make you lose your bitcoin

anyway I can buy goods, books, with my bitcoin, but I first convert it to fiat money because the shop doesn't accepts bitcoin.

Well, of course, bad gamble, maybe you can use bitcoin for investing in one orphanage or build a house for the future. it adalh a good thing to do

Yeah, the best way to spend bitcoin for good is to give some amount of it to charity in orphanage or to spend on some other needy people, maybe for their education.
I really appreciate your suggestion.

Yes playing gambling is there wish we can't say it's bad it's just a game but without knowing anything and do betting loosing there money is bad if they confident about there bet you can do it's not a problem but don't take it seriously just take it as a fun that's it don't go for your loss.