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Topic: Can Bitcoin be used for Good? (Read 38368 times)

hero member
Activity: 714
Merit: 500
December 23, 2016, 09:10:31 AM
Yes it can be used for good, I don't see it (bitcoins) getting out of the system any moment from now so it can be used for good.

Yup, indeed bitcoin appears to help everyone so bitcoin can indeed be used for good. However I feel that right now many people are using bitcoin for its importance and many of them do something that is illegal in the bitcoin. So when they caught the bitcoin's getting worse among those who did not yet know the bitcoin properly. Indeed it can give sense to everyone, but the information is very bad if they do not know well about the bitcoin
sr. member
Activity: 812
Merit: 251
December 23, 2016, 09:05:26 AM
Yes it can be used for good, I don't see it (bitcoins) getting out of the system any moment from now so it can be used for good.
member
Activity: 70
Merit: 10
December 23, 2016, 08:45:57 AM
With bitcoins in hand u can give ur college fees to some extend .and otherwise u can earn bitcoins and use them to buy ur daily necessary stuff. Or if ur generous give ur bitcoins to charity ,this is the best thing u can do.
legendary
Activity: 2170
Merit: 1427
December 23, 2016, 07:16:29 AM
Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.
It's a holder's decision on how to spend his money, but all we can do here is just to hope that he won't do anything bad that he will regret the consequences in the future. Bitcoin is not at fault on this, but we the decision maker.

That is right. But now, it is better to hold and will not regret.

It depends on what your intentions are. No matter what kind of holder you are, you definitely don't want to miss out on securing profits at certain price levels. It doesn't mean you have to sell a lot, but just so you get a good feeling where you might benefit in the way that when the price goes down, you can buy more coins for the same amount of money. In the long run you'll end up holding much more coins than where you started with. It's called smart investhing. Current levels are perfect for that.
legendary
Activity: 1092
Merit: 1000
December 23, 2016, 07:14:34 AM
Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.

Because bitcoin transactions are anonymous so people who want to buy those things mostly try to use these anonymous coins to hide their activity. It is quite bad for bitcoin reputation even though many people use it for good purpose but only bad things will be highlighted always.
newbie
Activity: 73
Merit: 0
December 23, 2016, 07:09:36 AM
Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.
It's a holder's decision on how to spend his money, but all we can do here is just to hope that he won't do anything bad that he will regret the consequences in the future. Bitcoin is not at fault on this, but we the decision maker.

That is right. But now, it is better to hold and will not regret.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 21, 2016, 12:34:49 AM
Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.
It's a holder's decision on how to spend his money, but all we can do here is just to hope that he won't do anything bad that he will regret the consequences in the future. Bitcoin is not at fault on this, but we the decision maker.
member
Activity: 147
Merit: 10
December 20, 2016, 04:40:44 PM
Yes. While it is used for drugs, it is actually a good thing and people need to stop using it to buy drugs, child porn, etc.
sr. member
Activity: 294
Merit: 250
December 20, 2016, 03:35:33 PM
I do not use bitcoin for anyting bad. I use it to buy computers and graphics cards to do some mining.
Good or bad, but bitcoin is spended. I spend my bitcoin for buying clothes and things online. This way I can spend unnecessary costs that goes together with cashing out bitcoins. A month ago I bought myself new smartphone with bitcoin. Smiley
hero member
Activity: 980
Merit: 523
December 20, 2016, 03:30:48 PM
of course, bitcoin can be used for both, good and bad
Bitcoin can be use for both but there is a lot of people are using their bitcoin for good and no one want to waste their bitcoin in bad thing and its depend on people that using of bitcoin for good or bad so we can not blame to bitcoin.
sr. member
Activity: 672
Merit: 250
December 20, 2016, 11:12:35 AM
its true that bitcoin is being used more at the negetive side like dealing at the darknet, opening some ponzies and all but bitcoin is being used for many good side too like popular exchange and open source programming world

Bitcoin is probably not just being used for bad activities, there aren't as much bad people in the world as much good are there, so just like that in bitcoin world there are also too many good bitcoin users who are using bitcoin for just legal and good purposes, just because some of them are using it badly it does not mean bitcoin is being used just for bad things, it can surely be used for good too.
full member
Activity: 196
Merit: 100
December 20, 2016, 11:08:22 AM
I think bitcoins should be used for good .why will you go for bad things when u have so many good things around u .dont go for any for onion websites dont even try to .they are too much dangerous.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
December 20, 2016, 04:09:10 AM
Many people are using bitcoin wisely only few of them are not using properly. For every coin we have both head and tail in this way bitcoin has both shades of energy, many people are holding the bitcoin for their future returns, but where as some people are using to deal with drugs, ponzi sites, for porn etc.

As long as bitcoin does have value in the market are going to use it for whatever purpose they want. And we are going to decide if we are going to get ourselves involve to illegal things but the best thing is to avoid those type of transactions and usage of bitcoin. Better to use bitcoin just like a normal citizen and using it for our good.
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
December 20, 2016, 04:04:29 AM
Many people are using bitcoin wisely only few of them are not using properly. For every coin we have both head and tail in this way bitcoin has both shades of energy, many people are holding the bitcoin for their future returns, but where as some people are using to deal with drugs, ponzi sites, for porn etc.
hero member
Activity: 574
Merit: 500
December 20, 2016, 03:54:21 AM
That was the whole idea of the bitcoin to be used as a more fair view on the money. The concept of money is not neutral to say at least so it cant be doing bad from time to time. But yeah bitcoin can at least to imply that the world should be  at least   a little bit more fair. Having  a second look on bitcoin how its used as financial instrument of manipulation, money laundering  and such  might  give second thought, but noone have said that bitcoin would get mud dirty like a normal fiat.

I have  a huge issue with bitcoin being deflationary currency as it is  atm. Its not very mechanism for the ordinary  people but its awesome way to encourage savings. Like with everything in this inperfect world one  can only have a mixed feelings.
hero member
Activity: 713
Merit: 501
December 20, 2016, 12:13:49 AM
of course, bitcoin can be used for both, good and bad

Definitely. It is all our choice how to use the blessings that were given to us. Bitcoin might be just a currency like fiat but we can harm people by using it in bad ways. For example, hiring a hit man from the dark net to kill your friend, etc. It's our responsibility to use bitcoins in a good manner to not harm or cause discomfort to other people.
member
Activity: 77
Merit: 10
December 19, 2016, 02:35:59 PM
of course, bitcoin can be used for both, good and bad
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
December 19, 2016, 09:46:41 AM
its true that bitcoin is being used more at the negetive side like dealing at the darknet, opening some ponzies and all but bitcoin is being used for many good side too like popular exchange and open source programming world
may be used bitcoin mostly only for things that are negative, but, at this time has been different. most users bitcoin, has received bitcoin as a currency. so, many are using bitcoin to things that are negative, such as, business, investment, and create a lot of money by trading. Well, I guess today bitcoin has been used for good purposes.
newbie
Activity: 9
Merit: 0
December 19, 2016, 09:27:53 AM
its true that bitcoin is being used more at the negetive side like dealing at the darknet, opening some ponzies and all but bitcoin is being used for many good side too like popular exchange and open source programming world
hero member
Activity: 588
Merit: 500
December 19, 2016, 09:22:55 AM
I do not understand why some people associate the use of Bitcoin to bad purposes so often, when in fact fiat currencies are the ones most used for such purposes. Bitcoin was created with the purpose of allowing people to have a solution to protect their own funds from the devaluation of fiat currencies, and that is a good purpose.

The deep web is a very interesting topic. People are so into it and bloggers write things about it a lot. They all say that bitcoin is the currency that is being used in the dark marketplace because everything's anonymous. I wouldn't disagree with them though because we all know that for a fact. The only problem is that people have been posting so much similar articles that bitcoin had the impression that it was made for the sole purpose of having transactions with the dark marketplace.

Nonetheless, we shouldn't be bothered at all since it doesn't affect us that much. If it would, it would affect us indirectly.
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