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Author Topic: Blockchain tech is being used for bad purpose more, rather than good  (Read 647 times)
qiwoman2
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November 29, 2018, 08:07:10 AM
 #41

Unfortunately, it is human nature, just like Fiat currency has been used for Millennia to fund criminal activities and wars against innocents, so are cryptocurrencies often used for illicit activities too, such as buying porn and drugs off of the dark web. I do hope there is a change in our genetic material one day that will turn us into much nicer human beings but for now, we have to strive to perfect ourselves the best way we can and not engage in illegal and unethical practices. I do hope that people here don't do nasty stuff with their crypto and sue it for good purposes and buy nice things for their friends and families too.


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November 29, 2018, 08:30:46 AM
 #42

The blockchain technology is the next big thing after the invention of the internet. The technology is used to impact our lives positively and have created a lot of new opportunities and marketplaces. The bad use of blockchain does not out weight the good use.
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November 29, 2018, 09:41:08 AM
 #43

Block chain technology has formulated by  bitcoins originator so as to  retain the credibility of the bitcoin by ensuring the security and clarity of the system. Block chain technology has a very wide data storing capability  and once it is stored means it cannot be altered.The block chain has invented by Satoshi Nakamoto for bitcoins sustainability .and it is an unavoidable part of  bitcoin to its proper functioning..Though it is an open and decentralized ledger its all transactions can be recorded in an electronic ledger and the the transactions can be carried out with out a third party interference and with low transaction fee.Block chain can be used for various purpose of human life such as for the global financial institutions ,for the accounting and for the factory production etc  and finally the block chain technology is leading  us to the corruption free world  The block chain technology is the part and parcel of bitcoin for its proper functioning. and so block chain is used for the good purpose only

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November 29, 2018, 10:39:17 AM
 #44

You only look at the bad side used by some users, but you don't try to see the positive side that this technology has caused. Many companies that have used the blockchain as a place to store their data so can be seen transparently and is safe from everything. It seems that you don't know about bitcoin and blockchain, not everyone likes bitcoin but they like blockchain, because basically bitcoin is operated through the blockchain. Other than that, it looks like you live in a country that prohibits gambling places so you don't agree if bitcoin is used as a gambling tool but many countries that make gambling arrangements are legal places.
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November 29, 2018, 10:40:32 AM
 #45

Bitcoin and blockchain are awesome technology but it is being most used in gambling , betting , casino, all bad fields is this what making many countries  step back making bitcoin and blockchain tech making legal or creating negative impressions for people using this technology 
You think gambling,  betting and casino are bad venture? I don't think there are bad venture!  Many people have become rich through gambling and betting and I think if there are bad things governments could have not approved them.  I believe that bitcoin is money and we have to see it as such in other to demonize it.
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November 29, 2018, 10:50:57 AM
 #46

yes, you are right, even BTC used by some people for the crime. however, the influence of gambling, casinos and bets has a major influence on BTC growth. and we can't stop them.

and our job is to explain BTC to the public, then we must guide them to use BTC in something good.
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November 29, 2018, 12:57:16 PM
 #47

Any technology that enters the market has both good and bad outcomes. The internet for starters is used for business, information, and a range of other things, but the dark web is also used for criminal activities. The reason why governments aren’t making blockchain and crypto legal is because they are decentralized. And this means that no one will have control over the system. As a result, the government will lose its power over assets.
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November 29, 2018, 02:18:21 PM
 #48

not only bitcoin, im sure that every thing human creation can be use for criminals, all thing. and thats depend on people that use it. and we must admit it if this technology can be use for criminal too, but more people use for their own economic improvement than criminal.
im not play gambling, but i think it just for fun (with high risk and high profit) and its not criminal
Coolman4
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November 29, 2018, 02:32:55 PM
 #49

yes any technology can be used in both bad and good ways even atom bomb is used for generating power and many use , but it is also used for wars and many to destroy , but i will be happy to see blockchain to see many new sectors and less in gambling sectors   
TitanGEL
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November 29, 2018, 03:56:52 PM
 #50

Bitcoin and blockchain are awesome technology but it is being most used in gambling , betting , casino, all bad fields is this what making many countries  step back making bitcoin and blockchain tech making legal or creating negative impressions for people using this technology 
It is true that there are disadvantages that we can get from blockhain technology because there are some greedy people who using the blockchain to scam many investors.

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November 29, 2018, 04:06:41 PM
 #51

in my opinion when compared to the negative issue of blockchain used for casino and gambling, in my opinion there are more benefits for many fields, for example health, taxes, transactions and others. maybe a lot of people refused because they thought of the fate of the bank that we know was losing this side.

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November 29, 2018, 05:32:37 PM
 #52

I hate to contradict with god, because god is always right, god create human to harm this world. Blockchain can make everyone stop harming this world, by harming the world that only existed in our imagination, the internet.

Self hating nerd that want to escape from reality into the cyberpunk.
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November 29, 2018, 06:50:40 PM
 #53

Bitcoin isn't used for bad purpose more than the good, it is used equally for both just like other currencies and payment systems. It's just that people are now using Bitcoin more than other currencies for such things because it's anonymous

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November 29, 2018, 07:38:01 PM
 #54

in my opinion when compared to the negative issue of blockchain used for casino and gambling, in my opinion there are more benefits for many fields, for example health, taxes, transactions and others. maybe a lot of people refused because they thought of the fate of the bank that we know was losing this side.
yes Blockchain Is being used less in that field and more in gambling fields , that's because of many coins developers  are using Blockchain tech in wrong way to make money because fields like cassino and beting and  many people like privacy and secure so Blockchain is being used there more
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November 29, 2018, 09:39:29 PM
 #55

This is not the point, every kind of money are being used in betting, casino, and other things! So, this is not the bitcoin or blockchain's fault. It is about people who are using cryptocurrency in bad fields and even in darknet!
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November 29, 2018, 11:20:23 PM
 #56

Bitcoin and blockchain are awesome technology but it is being most used in gambling , betting , casino, all bad fields is this what making many countries  step back making bitcoin and blockchain tech making legal or creating negative impressions for people using this technology 


Well, this is only implicit of what thrives more in our world today! The bitcoin/cryptocurrencies being used for wrong purposes pose a status of the real successful businesses we have at the moment; hence bitcoin will also find its way there as a neutral means of transaction/exchange. I don't see any wrong with the bitcoin/cryptocurrency but the wrong can be with the business system we already have functional for the bitcoin to come thrive in too.
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November 30, 2018, 04:58:09 PM
 #57

Bitcoin and blockchain are awesome technology but it is being most used in gambling , betting , casino, all bad fields is this what making many countries  step back making bitcoin and blockchain tech making legal or creating negative impressions for people using this technology 
You think gambling,  betting and casino are bad venture? I don't think there are bad venture!  Many people have become rich through gambling and betting and I think if there are bad things governments could have not approved them.  I believe that bitcoin is money and we have to see it as such in other to demonize it.
Well, he definitely proof his point but the mistake most people make is that there nothing on earth which have advantage and dont have disadvantage because they are both part of everything. However, the gambling aspect is not something bad but it not everyody that meant to be gambler and ones just have to find the right one for himself and stick to it.

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December 01, 2018, 06:25:15 AM
 #58

lmao all negative tendencies in the use of blockchain technology still exist in conventional technology. You tend to be conservative, making it as if technological progress is a threat, even though the threat itself is always there for a long time, just how the gap of crime can be minimized. anyway gambling, betting and casino cannot be said to be a crime, because the game is a choice, no one forces you to play gambling like that, maybe you should analyze with a better example
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December 01, 2018, 12:39:28 PM
 #59

Bitcoin and blockchain are awesome technology but it is being most used in gambling , betting , casino, all bad fields is this what making many countries  step back making bitcoin and blockchain tech making legal or creating negative impressions for people using this technology 


It  depends on how you will apply it in your daily life.  It is not all in a negative side . Some people just wanted to play casinos for just past time , especially  rich people . It is not bad anyway because bitcoin become more sellable. They used bitcoin because it is easy for them to come up in any kind of transactions and cheaper. Both bitcoin and blockchain  technology somehow  give enough financial freedom for everyone without  any interference of the middlemen.

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December 01, 2018, 01:22:16 PM
 #60

We have to thank for the emergence of this blockchain, technology that has changed the world and people who know it. Many people get rich with this technology and many go bankrupt.
Ugliness that happened because of the intention of its users. Now many are adopting this technology. More useful indications for all.
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