Can Bitcoin be used for Good?

[dharkmadder]

Bitcoin is just the currency mostly, I seen multiple people making donations with it so I guess that's a good thing, It's not the currencies fault that some people use for illegal things, The currencies responsibility is enabling people to buy/sell things, The people who determine what they will use it in.

[1715066005]

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[lakisis]

yes bitcoin can be used for good and every currency can be use for good if peopel use any currency for good activity then we can say that every currency can be use for good and i think its depend on people people can use any currency for good or bad.

[Latinast]

yes bitcoin can be used for good and every currency can be use for good .

That is right. The bitcoin is just a tool, just like the gun, that can be used for good causes or bad causes.

[crairezx20]

yes bitcoin can be used for good and every currency can be use for good .

That is right. The bitcoin is just a tool, just like the gun, that can be used for good causes or bad causes.

Well because of anonymity  of bitcoin they can use bitcoin for dark market places where you can found all illegal that you can buy there.. using bitcoin..
This is one of the problem in bitcoin thats why some people are still not trusting bitcoin to invest because its risky..

[Newcoins2020]

Yes the bitcoin can be used for good but its really depending on what is gonna happen with the bitcoin.
The future of it is good but it also need to grow a lot in users.

[Dora Doll]

I do not use bitcoin for anyting bad. I use it to buy computers and graphics cards to do some mining.

Yes so am i. I never used bitcoin in bad things. Used it to trade and have more profit and its quiet obvious that users used the bitcoin in good ways and activities. And also it depends to the people using it, if they want to use in a good or bad way.

the same for me to be honest, in my opinion bitcoin should be used only for good things and never bad

So how are we going to prevent it?the fact is that we cannot contol the actions of others and If we want bitcoin to become mainstream,we cannot expect it tobe used by good people only

I say we should only bother worrying about whether bitcoin is used for good when fiat currencies are only used for good. Welp, given the way politicians use fiat, both officially and unofficially, I guess we can never expect that to happen. Nevermind normal every day huxters, swindlers, drug pushers etc.

yes that is a fact that bitcoin can be use for both good and  bad activities as every fiat currency is use for both good and bad purposes, therefore there much some people who will be using bitcoin for good and there may also be some people who will be using bitcoins for bad purposes.

[universe_]

yes bitcoin can be used for good and every currency can be use for good .

of course it can actually be used for good things in my opinion, unfortunately people usually use it for bad only

[coinsocieties]

I do not see why bitcoin could not be used for good?!  There is great opportunity out there to allow bitcoin to be used for good, people just need to stop trying to scam others and tell others about it.  This will drive the price up and then everyone wins. 

[HabBear]

Bitcoin can be used for as much good as fiat can be used for, the possibilities are nearly endless.

Giving bitcoin to people, using bitcoin to start business that helps people, investing with bitcoin in businesses that help people, what else can you think of?

[SilverPunk]

I do not use bitcoin for anyting bad. I use it to buy computers and graphics cards to do some mining.

Yes so am i. I never used bitcoin in bad things. Used it to trade and have more profit and its quiet obvious that users used the bitcoin in good ways and activities. And also it depends to the people using it, if they want to use in a good or bad way.

the same for me to be honest, in my opinion bitcoin should be used only for good things and never bad

So how are we going to prevent it?the fact is that we cannot contol the actions of others and If we want bitcoin to become mainstream,we cannot expect it tobe used by good people only

I say we should only bother worrying about whether bitcoin is used for good when fiat currencies are only used for good. Welp, given the way politicians use fiat, both officially and unofficially, I guess we can never expect that to happen. Nevermind normal every day huxters, swindlers, drug pushers etc.

yes that is a fact that bitcoin can be use for both good and  bad activities as every fiat currency is use for both good and bad purposes, therefore there much some people who will be using bitcoin for good and there may also be some people who will be using bitcoins for bad purposes.

Agree! It depends on the person which when or where he/she used it for. Bitcoin is bitcoin and bitcoin is money so you can buy anything on it, so the choice is on your hands whether you used it in bad things or in good things. But all of the fiat is already used in illegal activities so also bitcoins.

[pinkpanther03]

Its a big Yes! I knew majority of the member here or most of the bitcoin enthusiast the often used their bitcoin for good purposes only there not using it for  any bad things in this field industry.

[mastica]

Its a big Yes! I knew majority of the member here or most of the bitcoin enthusiast the often used their bitcoin for good purposes only there not using it for  any bad things in this field industry.

The question about where the bitcoin are being used its something that doesnt matter at all, the fiat has two faces as well bitcoin, some people so use it into the dark marketplaces nothing new.

[Zulucia]

Its a big Yes! I knew majority of the member here or most of the bitcoin enthusiast the often used their bitcoin for good purposes only there not using it for  any bad things in this field industry.

The question about where the bitcoin are being used its something that doesnt matter at all, the fiat has two faces as well bitcoin, some people so use it into the dark marketplaces nothing new.

There is report that the US dollar is the most widely used dark marketplaces currency. It is mainly used for drugs.

[passwordnow]

Its a big Yes! I knew majority of the member here or most of the bitcoin enthusiast the often used their bitcoin for good purposes only there not using it for  any bad things in this field industry.

The question about where the bitcoin are being used its something that doesnt matter at all, the fiat has two faces as well bitcoin, some people so use it into the dark marketplaces nothing new.

There is report that the US dollar is the most widely used dark marketplaces currency. It is mainly used for drugs.

Well that is the reality that it has being used for illegal trades in dark marketplaces and of course as they saw bitcoin that they are able to hide their identity for using so they are using bitcoin for bad purposes. But of course bitcoin can be used for good just like paying bills, buying prepaid loads and as well as other available items in merchants.

[Noctis Connor]

Ofcourse yes, it can be used for good.
Or your question rather say so "advantages
when using bitcoin", maybe its other way around.
Anyway, people who uses bitcoin used for good
in instance bitcoin used for trading currency, use
for payment online, used in investment were people
wants to make earn profit for a living.
People who knows how to used bitcoin really used for good
were they want to earn money.

To be honest bitcoin can also than with illegal things and if you are going to configurating out there are such people who are using bitcoin as illegal money and then buying drugs using bitcoin this is one of the intension of people who really uses bitcoin not only good people yes they saying that using bitcoin has so much advantages payment onlines.

[davis196]

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.

"Perhaps bitcoin can save them!"Really?This is pretty unrealistic.

Bitcoin can`t save poor people.Poor people don`t have money to buy bitcoin.

Some poor people don`t have PCs or mobile phones.How can btc help them?

[Fatanut]

Ofcourse yes, it can be used for good.
Or your question rather say so "advantages
when using bitcoin", maybe its other way around.
Anyway, people who uses bitcoin used for good
in instance bitcoin used for trading currency, use
for payment online, used in investment were people
wants to make earn profit for a living.
People who knows how to used bitcoin really used for good
were they want to earn money.

To be honest bitcoin can also than with illegal things and if you are going to configurating out there are such people who are using bitcoin as illegal money and then buying drugs using bitcoin this is one of the intension of people who really uses bitcoin not only good people yes they saying that using bitcoin has so much advantages payment onlines.

Of course Bitcoin can be used in illegal things too just like how people use fiat in illegal stuffs. I don't think the selling of drugs is mostly done online because you can leave some trace online, thus, having the risk of going to jail. Whereas in real life, when you buy drugs in fiat, it's quite safer especially if the dealer is your friend and trustworthy.

No matter how good is the intention of the creator of anything, it can still be used in a bad way.

[croutonhexagon]

Yea ofcourse bitcoin was developed by Satoshi for good purpose only if yippy are thinking that bitcoin is meant for scamming, gambling then you should change your views right now because it is very effective to use and lay with bitcoin as there is very less transaction fees and faster service.  Bitcoin

[johnnyyash]

yes sure, personally i use bitcoin for good....i use it for some online shopping and it has be good and convinient for me...bitcoin can be use for good, now that is gradually becoming widely known and every one wanting to use it..bitcoin does a lots online and also brings in profit for the layman!!!! its good...

[iqlimasyadiqa]

yes sure, personally i use bitcoin for good....i use it for some online shopping and it has be good and convinient for me...bitcoin can be use for good, now that is gradually becoming widely known and every one wanting to use it..bitcoin does a lots online and also brings in profit for the layman!!!! its good...

correctly . I agree with you . bitcoin provides us the ease and speed. with bitcoin we can get all the things we want, shop online and stay at home. That is very fun .