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Author Topic: Can Bitcoin be used for Good?  (Read 38269 times)
Conus
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October 24, 2016, 09:48:05 PM
 #521

Bitcoin is being used for good all of the time.  There is always a chance that people will be using it for bad and illegal behavior. We need to prevent this as a group in order to help bitcoin further things along. 
TTMNewsK
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October 24, 2016, 11:37:39 PM
 #522

Yes!
We can use bitcoin for many good purposes.
Some of these: Like donating in a charity. Our donation is a big help esp for those who are in a charity. Helping the poor by providing their needs by the use of bitcoin.
It's okay to share esp when we have a lot of bitcoin.
croutonhexagon
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October 25, 2016, 02:05:34 AM
 #523

Bitcoin is created for good purpose only because bitcoin has no transaction fees and it's can be transferred easily with fast (speed actually depends ). We could open a bitcoin donation site and we could beg bitcoin from others and we will use those money for good deeds like helping olg citizen, poor people and orphan. And doing this will popularize bitcoin for free of cost .
nara1892
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October 25, 2016, 02:35:08 AM
 #524

nope. everything in this entire universe is not immortal, eternal or lasting. every creatures will die, we even saw many people, animals and plants died. so do things including bitcoin. one day it will die either however the way it dies.

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Basteamore
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October 25, 2016, 02:41:46 AM
 #525

It can be used for good and also bad. Similar to real currency, you can buy homes and food for the poor or you can buy drugs, arms, bombs, etc. It's really up to the person holding it.
hajimasan
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October 25, 2016, 02:44:36 AM
 #526

yes , it can be use for it good because your phrase " it is helping to poor people" .
this line steal my heart . actually two months ago  my earning was useles and i was wasting my time at social media but now in bitcoin i am making money and also with this going for vest study as an good student , so we can say it is more than a currency .
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October 25, 2016, 02:45:06 AM
 #527

based on what i see now as many adoption for bitcoin transaction has been made the perception coming from more people who have knowledge using it is positive its been used for good because for us who invest and use it regularly we can pay our bills and enjoy more and more transaction using this coin just like what others comment here bitcoin is a known currency now so it can be used both ways bad or good depends only depend to the person who's using it.

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Basteamore
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October 25, 2016, 03:26:19 AM
 #528

based on what i see now as many adoption for bitcoin transaction has been made the perception coming from more people who have knowledge using it is positive its been used for good because for us who invest and use it regularly we can pay our bills and enjoy more and more transaction using this coin just like what others comment here bitcoin is a known currency now so it can be used both ways bad or good depends only depend to the person who's using it.

I just wish we could use it on more service providers and other billing we have and more transactions we do in our daily lives, like buying food or groceries.
passwordnow
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October 25, 2016, 04:12:44 AM
 #529

It can be used for good and also bad. Similar to real currency, you can buy homes and food for the poor or you can buy drugs, arms, bombs, etc. It's really up to the person holding it.

As long as there is monetary value involved that can be used for good and bad things. And yeah it is better if we are going to use it for good like buying your parents what they need, covering up the billing monthly and doing some personal savings for your future purposes. This is going to make you a better person if you are going to avoid using bitcoin in bad things.

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groll
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October 25, 2016, 07:20:29 AM
 #530

Bitcoin can be used for good and bad things. It depends on who uses it. But, in my opinion, it'll give more room for people to do the bad things with bitcoin due to the fact that bitcoin is almost anonymous. Drug's sellers, grafters and other types of bad people tend to use bitcoin to make their action more secure.

Your opinion is the same with what I got. Bitcoin itself is not evil or good, it has no choice or decision. In itself it is neutral since it is a property and a currency. But evil lies on the decision we made if we choose to cling to evil. And so bitcoin is not evil and can be used for good purposes, everything lies in your decision on where and how you will use your bitcoins.
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October 25, 2016, 11:48:47 PM
 #531

Yes bitcoin just like anything else can be used for good or evil. It depends on what the person who is using the bitcoin wants. No different to anything else. We cannot blame am pject for our actions only ourselves. Bitcoin is just currency. You could buy a gun and shoot someone or you could buy bread and feed a family. What you do is up to you.
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October 26, 2016, 04:26:06 AM
 #532

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.

You really need to use bitcoin for good as much as you can dude! Though bitcoin for me is designed to for good purposes only, and don't get be attempt  to use it for gambling sites, it will only turn you to frustration and failure of losing your money. So be content of doing it for good purposes.
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October 26, 2016, 05:32:00 AM
 #533

You have to realise that bitcoin isn't only used for dark web markets, but rather also as an investment instrument and day to for day to day transactions. It can bring a banking opportunity to the unbanked.
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October 26, 2016, 05:49:12 AM
 #534

Definitely yes, it can be use for good and also bad. It depends on the person using it. Bitcoin was not made for bad things. Satoshi invented it as a currency in the internet. To help people from those big fees from banks. Pay bills conveniently and many more.
Yeah Bitcoin can used for good. but sadly, it was being using for illegal good in the deep web. People who use bitcoin to buy illegal is only make bitcoin image drop and look bad. There is a few place that accept bitcoin, I hope people stop to use bitcoin for buy illegal thing but change to use bitcoin for buy not illegal thing.  I am agree that satoshi invent nitcoin as a currency in internet so we always can use it for buy good.

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October 26, 2016, 06:03:44 AM
 #535

Today I saw some GSM shop that accepts BTC. There are some cafes accept BTC payments. I think world is ready now!

A lot of people seem to think it's that easy, you just replace fiat with Bitcoin, everyone is happy and everything just works. Imagine if the world was run by people who only think 2 moves ahead  Cheesy Fiat is part and parcel of the modern world same as your blood and veins are part and parcel of your body. You can't just replace your veins with a few plastic tubes and live happily ever after  Roll Eyes At least not yet.
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October 26, 2016, 07:25:43 AM
 #536

There is a good and bad side to everything in life, including Bitcoin.

Distributors of propagandist media are well practiced professionals in directing, creating and influencing the thoughts of entire nations. And, most media distributors seem to be on a quest to minimize the severe impact that the invention of Blockchain technology will have on the world at large.

They have chosen only to advertise the fact that Blockchain technology is being used to support a peer to peer currency: Bitcoin.

By doing this, they completely mask the fact that the ENTIRE FINANCIAL SYSTEM can and will be replicated by Blackchain based applications. Currency is just the first app.

The financial sector is composed of many different industries. Debt issuance and Loan origination... the Insurance industry.. money management... the deriviative markets: options... futures... etc

The Blockchain has the power to reduce all of these well established industries to mere applications. Just like it has done with state issued currency.

So not only can Bitcoin be used for good, but it will be used to reshape the entire financial industry. Just like how p2p file sharing reshaped the music industry. Just like how automobiles reshaped the horse and carriage industry... Just like how the internet reshaped the publishing industry...

Change is inevitable

There are allot of people who use the bticoin for allot of bad things dont you think so and that is true becuase the bitcoin cant be traced off course allot of bad people
are going to use it you know and when you use it for good it is also nice!
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October 26, 2016, 07:29:38 AM
 #537

Off course also bitcoins can be used for good off course when you use the bitcoin for investments or to save money you already use it for goods you know adn that is nice becuase lots of people who use the bitcoin are not using it the right way
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October 26, 2016, 07:55:18 AM
 #538

Also bitcoins are used for good things off course are there allot of people using bitcoins for allot of bad things because that is easy to do with the bitcoin because people are not tracing them but in the future they will trace them and the bitcoin will only used for goods.
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October 26, 2016, 08:04:29 AM
 #539

Today I saw some GSM shop that accepts BTC. There are some cafes accept BTC payments. I think world is ready now!

A lot of people seem to think it's that easy, you just replace fiat with Bitcoin, everyone is happy and everything just works. Imagine if the world was run by people who only think 2 moves ahead  Cheesy Fiat is part and parcel of the modern world same as your blood and veins are part and parcel of your body. You can't just replace your veins with a few plastic tubes and live happily ever after  Roll Eyes At least not yet.

I have been buying things with the bitcoin otherwise I will use the credit cards.That is for the good use goods.
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October 26, 2016, 08:29:32 AM
 #540

It is a dual-edge sword. Just like anything that has value, it can be used both for good and bad. The problem we are seeing is that the media only hypes news about bitcoin whenever it is being used for criminal activities, hacking incident ransoms, theft and what have you. That is why bitcoin has received a lot of negative press before and some perceive it as something that's only used illegally.
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