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Topic: Blockchain tech is being used for bad purpose more, rather than good (Read 671 times)

full member
Activity: 481
Merit: 100
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 are wrong,  there are many users of the blockchain technology that have good intention to use it properly. It is true that there are people who using blockchain technologt in a bad way but I am sure that there are only few of them.
member
Activity: 336
Merit: 10
Really? How then do you see other fiat currencies also because they have been used in doing a whole bunch of bad things even way beyond the inception of bitcoin or any other cryptocurrency. It's quite strange how people want to do anything possible just to taint the image of blockchain and cryptocurrencies. Well it won't work because blockchain is the future believe it or not!
jr. member
Activity: 504
Merit: 5
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 
Blockchain has name border payment with help of cryptocurrencies which is very interest secondly all the gambling you main mention of are all legal. Anything that has advantage simply has disadvantage not because its to good or legal but because people tend to use it in an unlawful so I believed bitcoin and blockchain has really cause more good than harm.
full member
Activity: 1258
Merit: 104
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 


almost half of the use of btc is like that, therefore sometimes many do not believe in btc. because it thinks negatively about btc. btc should be used well so progress can be higher. but sometimes it is wrongly used by many people.
member
Activity: 532
Merit: 15
gambling , betting , casino -  all are legal. And, also, blockchain is being used in Banking, preventing Child and Sex Trafficking, Distribution networks, cross border payments, and all the good staffs, too. if you don't like blockchain that's your issue, but almost every country is thinking to adapt blockchain.
member
Activity: 363
Merit: 10
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 
I don't see gambling or online betting as a bad purpose for blockchain since there are very reasonable fee when entering that kind of industry and sees nothing wrong if you earned your money in a legal manner. Blockchain is very innovative invention and it shows how applicable it is on unexpected things like online gambling and betting. We are on technology age and there is no question for that.

I totally agree that the blockchain is harmless, just because you have thought wrong about it and it has reversed your thoughts and you think it's bad. As I see, everyone should learn about what they want to do before doing so not to lose in vain Roll Eyes.
full member
Activity: 322
Merit: 100
Gambling is not be considered as bad activity, maybe people wants to remove their stress by playing that, so dont include gambling as bad activity, the most evil activity is those who use bitcoin (cryptocurrency) for underground transactions such as drugs, firearms, pornography,  and so on, and people who heard this will gain/have negative idea on crypto rather than good.
hero member
Activity: 1750
Merit: 589
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 
I don't see gambling or online betting as a bad purpose for blockchain since there are very reasonable fee when entering that kind of industry and sees nothing wrong if you earned your money in a legal manner. Blockchain is very innovative invention and it shows how applicable it is on unexpected things like online gambling and betting. We are on technology age and there is no question for that.
jr. member
Activity: 555
Merit: 2
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.
member
Activity: 420
Merit: 10
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.
full member
Activity: 574
Merit: 102
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
hero member
Activity: 2660
Merit: 651
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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.
full member
Activity: 490
Merit: 101
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.
hero member
Activity: 1008
Merit: 500
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!
newbie
Activity: 8
Merit: 0
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
member
Activity: 406
Merit: 10
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
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
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.
full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
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.
sr. member
Activity: 1036
Merit: 281
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.
newbie
Activity: 72
Merit: 0
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   
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