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
Topic: Blockchain tech is being used for bad purpose more, rather than good - page 2. (Read 689 times)
November 29, 2018, 09:18:21 AM
November 29, 2018, 07:57:16 AM
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.
November 29, 2018, 05:50:57 AM
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.
and our job is to explain BTC to the public, then we must guide them to use BTC in something good.
November 29, 2018, 05:40:32 AM
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. November 29, 2018, 05:39:17 AM
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.
November 29, 2018, 04:41:08 AM
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
November 29, 2018, 03:30:46 AM
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.
November 29, 2018, 03:07:10 AM
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.
November 29, 2018, 03:04:33 AM
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
maybe the reason could be a strong reason for the government to ban crypto currency, but in my opinion, the bad development of the crypto currency depends on the intention and purpose of the investor itself.
November 29, 2018, 02:47:47 AM
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
maybe the reason could be a strong reason for the government to ban crypto currency, but in my opinion, the bad development of the crypto currency depends on the intention and purpose of the investor itself. November 29, 2018, 02:47:25 AM
Blockchain and bitcoin do not do bad things, people do bad things. Bitcoin is just a form of payment and anything that has monetary value will have a use in criminal activity
November 28, 2018, 10:10:01 PM
Is that what you understand? What about FIAT which is used for gambling, buying drugs even hiring contract killers. All in this world are the same, depending on us humans who use it.
November 28, 2018, 08:02:30 PM
Even the fiat currency is also used for bad activities. Just like gambling, funding terrorists and much more. All we have to do is understand it well, It's a currency and a value so we can not stop people from using it at whatever they want.
November 28, 2018, 07:27:41 PM
The decentralized system of blockchain technology attracts a lot of people that want to hide their illegal activities, also those gambling enthusiasts. This is the bad news about blockchain. This is the reason why some countries are very hesitant to recognize and accept blockchain. Though, this is a young technology, in the coming years, they'll be able to find ways to eradicate this activities.
November 28, 2018, 07:19:59 PM
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 seems that indeed this is proof that in developing blockchain and crypto, we lack people who are creative in developing positive things or indeed many people still support the blockchain even though it has a connection with something negative
November 28, 2018, 06:55:19 PM
Smart people give us awesome inventions every day and it is up to chose how to use them.
We invented weapons to protect our selves but some of us use it to kill each other.
Nuclear knowledge can be used to product energy or bombs.
There are many exemples and blockchain technology is not going to be an exception.
I have to say that I don't concider gambling a bad thing or it can have a bad influence on blockchain.
We invented weapons to protect our selves but some of us use it to kill each other.
Nuclear knowledge can be used to product energy or bombs.
There are many exemples and blockchain technology is not going to be an exception.
I have to say that I don't concider gambling a bad thing or it can have a bad influence on blockchain.
November 28, 2018, 06:44:16 PM
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
There are always two sides to everything found on this world, But that shouldn't be a reason not to use that particular thing. First and foremost, you need to provide evidence to justify your accusations. Just don't say anything because you hear people saying them. Creating such a post thread is not helpful to people who are new to this forum. November 28, 2018, 06:26:28 PM
I don't think the negative use of blockchain technology exceeds normal use. In each sphere will be scammers, this can not be avoided. But we can not say that this is a big problem for bitcoin and blockchain technology.
November 28, 2018, 04:04:18 PM
what do you mean casino and betting are bad field. Just because you do not like something doesnt mean that its a bad activities and beside fiat also is been used in betting and also in casino. by the way do you know how much some countries are realizing from the betting and casino company. In some state such as Las vegas. casino is considered as one big investment. I do not believe in your own submission that blockchain technology is being used for wrong purpose but rather an innovation that has unlimited area of applications
November 28, 2018, 03:51:33 PM
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
All i can say to your comments; "funny". Gambling, betting or casino is that bad? There are millions of people make money and run their family with this works. Besides how could you only attahed the blockchain system with that? The system can save the world, i think you all got it wrong. The biggest problem with the blockchain is Scams and some redemption attemps thats all.
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