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Author Topic: Re: Is Bitcoin ethical?  (Read 182 times)
moshk555
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July 01, 2018, 07:21:47 PM
 #41

You can consider bitcoin to be a democratic currency that is based on the simple economic principles of supply and demand, the greater the demand of bitcoin the higher the value and the public has full autonomy so it is ethical and more than that it is fair in all means provided.

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July 01, 2018, 07:40:41 PM
 #42

We know that ethics and sustainability are in the eye of the beholder. What one person thinks is ethical or sustainable may be different to someone else.Depending on which side of the fence you sit, there is an argument that the anonymity that Bitcoin transactions bring are a benefit to heavily surveillance societies. But at this stage it isn’t clear if Bitcoin is just creating a new wealth gap, present across a younger tech-savvy generation.

Financial privacy should be for everyone though, not just for people living under a strict regime.

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July 01, 2018, 07:41:04 PM
 #43

All crypto currencies are great and peoples are buying and selling for profitable purpose if it is bitcoin or altcoins, I think peoples are using digital coins because of blockchain technology and for-profit but technology is improving day by day and blockchain is improving the technology and It will become to prevent crime and terrorism,

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July 01, 2018, 08:36:54 PM
 #44

And how could it be unethical? An inanimate object can't be treated like something unethical! Can you say that a car is unethical? Trading cars can be unethical if you're making people buy damaged ones or hiding their known faults, but the car itself, even a damaged or a faulty one can never be unethical.

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July 04, 2018, 05:46:20 AM
 #45

For me, yes it is ethical in a sense that we are socially connected online. We deal different unknown person each day its a matter of respecting each others idea. We are taking the risk to be part of this cryto world.

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July 04, 2018, 05:57:57 AM
 #46

As far as i know, there is not anonymous aspect on bitcoin. It is still relativity slow and not so cheaper, but we are not far away from the perfection Wink give it couple years, and you will be a massive switch from people.
And no, nothing unhetical here, we are just smarter than other people to be here early.

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July 04, 2018, 06:02:41 AM
 #47

Of course, it is ethical. The young can use their technical knowledge and invest early to get rich later in life.
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July 08, 2018, 06:35:28 AM
 #48

The benefits brought by bitcoin are more like, for example, not inflation, From this point of view, it is ethical, but may become unethical when btc operates on the black market. And bitcoin as well as other ethical cryptocurrencies for me. They have helped many people to acquire property and become entrepreneurs in the community
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July 08, 2018, 07:27:47 AM
 #49

I don't think that bitcoin is ethical. as we all know bitcoin is giant cryptocurrency method which runs on complex mathematical platform call blockchain these things are so right and it's almost impossible to even think of a mistake from these systems. bitcoin blockchain is no human, so nobody  should be worried about that
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July 08, 2018, 07:30:08 AM
 #50

If fiat is ethical then Bitcoin is too. Bitcoin has provided so many people so many opportunities to learn, earn and improve.
There are so many stories in the crypto market where a young has become a millionaire , a housewife has started a new life , a student has paid his education loans etc... When a technology can do so much good stuff, why wouldn't you find it ethical ?

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July 08, 2018, 07:30:42 AM
 #51

it's up to the users if they will use bitcoin ethically or not.
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July 08, 2018, 07:31:55 AM
 #52

it's up to the users if they will use bitcoin ethically or not.

I think bitcoin helps people mentally and financially. it's up to the users if they will use it ethically
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