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Author Topic: Can Bitcoin be used for Good?  (Read 38269 times)
extrabyte
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September 16, 2016, 08:39:33 AM
 #421

Yes, of course btc can be used for good.  For example, the only thing that I'm doing is making money trading,  and that's good enough,  especially because I'm not doing anything illegal with it.
yes. just like what you said. bitcoin can be used for goods. but it is up to the person who use bitcoin.
if someone use bitcoin for bad activities then it is his fault. it doesn't prove that bitcoin can't be used for good or bitcoin is only for bad things.
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September 16, 2016, 08:43:01 AM
 #422

bitcoin same like money
if you use to buy drugs you will ruin your body
but if you use to buy health food is good for you
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September 17, 2016, 02:50:46 PM
 #423

For sure, bitcoin can be used for good. There are different projects being developed to make the economy more decentralized, contributing to the free market and making better the lives of many people... and all this thanks to bitcoin.

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September 19, 2016, 02:05:52 PM
 #424

Yeah of course Bitcoin can be used for good not everybody on Bitcoin makes use of it in a bad way. I am just suing Bitcoin as an extra income so that I can make more money.
This way I am living a bit better and can buy some more things.


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September 19, 2016, 02:27:22 PM
 #425

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.

Indeed but i think he means if we can help a country with it or not and I am a firm beleiver that poor countries could benefit from bitcoin.
How it would work I'm not sure but I am sure there's the option to improve via bitcoin.
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September 19, 2016, 02:34:39 PM
 #426

Yeah of course Bitcoin can be used for good not everybody on Bitcoin makes use of it in a bad way. I am just suing Bitcoin as an extra income so that I can make more money.
This way I am living a bit better and can buy some more things.

The same thing had happened to me when I first knew bitcoin. It is all about adding up some more money. Then I started makig it bigger investing more from my salary then do some work like trading. It did end up as a better solution for my financial problems and I can also buy new things that I cant buy way back.
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September 19, 2016, 02:41:36 PM
 #427

Obviously yes, because with bitcoin we have limit less good work that we can do. Like gifting bitcoin, buying games, buying domain, buying online products and lots more. It all depends on bitcoin user how he use.
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September 19, 2016, 05:34:31 PM
 #428

It can actually do good to many people as there are many charitable sites which accept bitcoins and are actually being spent for many needy people who are in search of some real help... Bitcoins can surely be used for the good of well-being, especially with its feature of least fee for the transactions...

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September 21, 2016, 11:38:23 PM
 #429

Yes, the same way that fiat  currency can be used for  good and bad things, the same may  happen with bitcoin, it depends  on the users awareness.

Yeah it is just going to depend on how you are going to spend it. But it is better if you are going to use it for good. Because many people who doesn't know bitcoin are thinking that bitcoin is evil. So we can promote to use bitcoin for good so that those people are not going to think about bad things for bitcoin anymore just like we are doing it.



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Rainbot
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September 22, 2016, 03:55:48 AM
 #430

One question


Who defines what is good or bad? Is there only one definition? (ok 2 questions Grin)

Off course we can used BITCOINS for good purpose . There is no bad Or good ,this depends upon our thinking .the way we are thinking. The only one thing we must know that no body should chit. Purpose should be believable.
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September 22, 2016, 04:22:42 AM
 #431


Off course we can used BITCOINS for good purpose . There is no bad Or good ,this depends upon our thinking .the way we are thinking. The only one thing we must know that no body should chit. Purpose should be believable.

Yes of course, we can use bitcoin for good. It depends on ones decission where to spend his bitcoin as it is also good as cash. Theres no limit where you can spend it, you have all the power,authority where to spend it if you owned it.

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September 22, 2016, 04:56:12 AM
 #432

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.

It is really a serious matter because these small incidents will shape the goodwill of the bitcoin. Let’s be frank, perception matters the most when it comes to growth. If we are really expecting a good growth in the user base then we must care about how it is being used.
I am using bitcoin for digital goods and services at this moment and to use it for psychical goods we need more and more merchants accepting it.
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September 22, 2016, 05:29:30 AM
 #433

Of course, I think as long as you're using Bitcoin without making any harm to other people, you're using it in a good way. It's mostly used that way, anyway. Only those people on the darkNet are using Bitcoins in bad ways. Buying things online, availing services, all of those typical ways of using Bitcoins aren't bringing discomfort to other people.

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September 22, 2016, 07:38:57 AM
 #434

bitcoin like a fiat currency can be good or bad depends on how it is being used, it can be very good tool if been used to help the needy or the provide the needs of one's family but can be bad if been used to buy drugs and been used to finance those terrorist acts.
Of course Bitcoin can be used for good but some people think that if you make use of Bitcoin you are automatically a criminal.
That is not true because there are so many people that use Bitcoin just to make some extra money with it. 
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September 22, 2016, 08:32:47 AM
 #435

It is very strange question. I think the most of us here use bitcoin for good and it seems normal. As well normally would be read here the question of using bitcoin for something bad. I am sure that there are people who use bitcoin for something bad as terrorism or something, because government doesn't control bitcoin and it is easy to make big transactions in bitcoins to abroad for something not good. As for something good as well.
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September 22, 2016, 09:14:40 AM
 #436

Of course it can, if human nature is geared to more positive outlooks then yes. I am part of a business that makes us pay 355 of our earnings to charities that are listed on the site, so now bitcoin is being used to educate the masses through this program AND to help the poor and needy ones also!


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September 22, 2016, 09:16:10 AM
 #437

actually bitcoin is a stable comodity, its for everyone, but from time to time, there is still many good people using bitcoin for good reason, and there is people using bitcoin for bad reason. its only depend from what we want from bitcoin, what we gonna do with bitcoin. for me, i am using bitcoin is just for trading and make money.

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September 22, 2016, 12:01:07 PM
 #438

Probably yes because you can make a better if you knew how to earn to bitcoin in this world. Bitcoin can convert in real money so you will have budget for your own finances. You can help also your parents in times of circumtances. You can buy house and lot. You can money for your future.
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September 23, 2016, 10:20:17 PM
 #439

Surely, I can't see why not. Bitcoin can be used for making good things, just like when you try to do good things using the fiat money.
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September 24, 2016, 12:00:47 AM
 #440

Surely, I can't see why not. Bitcoin can be used for making good things, just like when you try to do good things using the fiat money.
But the people is asking about this question is already having his answer and that so pathetic if he is not ever for doing good activities in their live and making this ironical question.

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