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Topic: Can Bitcoin be used for Good? - page 14. (Read 38368 times)

legendary
Activity: 1470
Merit: 1001
November 15, 2016, 03:20:27 PM
yes definitely bitcoin stands for good only it was launched to make online transaction ease and barriers Less transaction and thus removing all old system from online transaction. and also it had benefited many user by allowing them to earn handsome amount monthly.
but on first place, it was used only by a criminals, that used it for bad activities like selling drugs, weapons etc.
Now it has changed, we see many other activities that are legal and that make happen in the bitcoin world, we can invest, gamble , trade , buy , sell etc.

I'm not agree with that. On first time it was only used by miners and traders, mostly users that want to change the world, and want to bypass the banking system. Later some users used it for ilegal activities but this isn't a bitcoin problem, fiat system has the same problem you can't control what users are buying or selling.
Also gambling is ilegal on some countries.
sr. member
Activity: 574
Merit: 252
November 15, 2016, 02:40:40 PM
yes definitely bitcoin stands for good only it was launched to make online transaction ease and barriers Less transaction and thus removing all old system from online transaction. and also it had benefited many user by allowing them to earn handsome amount monthly.
but on first place, it was used only by a criminals, that used it for bad activities like selling drugs, weapons etc.
Now it has changed, we see many other activities that are legal and that make happen in the bitcoin world, we can invest, gamble , trade , buy , sell etc.
sr. member
Activity: 574
Merit: 252
November 15, 2016, 02:39:42 PM
Everything depends actually, but i dont understand why would anyone think that bitcoin can be only used for bad things.
You can transfer money anywhere, in any time, isnt it a great thing?
Also, you can pay up with it to the shop in the other country, so it would be really really faster than bank transfer
I thought the answer is obvious lol
hero member
Activity: 1036
Merit: 514
November 15, 2016, 02:38:37 PM
In my opinion, bitcoin is exactly like fiat money. You can use it for good and for bad. It is in your choose what you will do with them. And I think that's the beauty of freedom, you can choose about for your own faith. So it's up to us to decide.

I think you musunderstood by the word "good" at here.What op mean by "good" is buying physical item with bitcoin.For example,grocery in super market and the other thing outside.
Yeah, they keep spamming about good and bad, even though OP didn't mean about that. Lol
The answer is of course bitcoin can used for buy goods because there are many merchants accepted bitcoin but depend where you live. Most of those stores location are in US, UK, Europe, or you can purchase goods through site which provides services to buy something for you using bitcoin.
sr. member
Activity: 280
Merit: 250
November 15, 2016, 02:26:21 PM
yes definitely bitcoin stands for good only it was launched to make online transaction ease and barriers Less transaction and thus removing all old system from online transaction. and also it had benefited many user by allowing them to earn handsome amount monthly.
newbie
Activity: 23
Merit: 0
November 15, 2016, 02:07:29 PM
In my opinion, bitcoin is exactly like fiat money. You can use it for good and for bad. It is in your choose what you will do with them. And I think that's the beauty of freedom, you can choose about for your own faith. So it's up to us to decide.

I think you musunderstood by the word "good" at here.What op mean by "good" is buying physical item with bitcoin.For example,grocery in super market and the other thing outside.
hero member
Activity: 868
Merit: 1000
November 15, 2016, 01:34:17 PM
It is and will be used for good,just look at how many people can send cash without having to pay huge taxes and wait for days until the cash to arrive.Also there are kickstarters which are entirely funded with bitcoins which wouldn't have been possible if not for bitcoin,so bitcoin for sure has done so much good until now and who knows how more in the future,especially if it blows up.
legendary
Activity: 1274
Merit: 1004
November 15, 2016, 01:22:08 PM
ofcourse it can be and infact it already been worked so good till now. it is not a perfect money system till now but have fixed most of the weeknesses those creepy banks have. it takes the stone age technology to a new era we are moving into the future now
member
Activity: 107
Merit: 10
Bitcoin unionhead who's neglecting fiat :)
November 15, 2016, 01:03:21 PM
In my opinion, bitcoin is exactly like fiat money. You can use it for good and for bad. It is in your choose what you will do with them. And I think that's the beauty of freedom, you can choose about for your own faith. So it's up to us to decide.
newbie
Activity: 47
Merit: 0
November 15, 2016, 12:40:49 PM
We know it could be use for good because many have profited from it including me. I earn about $20 monthly. How about the bad side. Payment for illegal drugs or illegal guns in silk road, criminal use bitcoin for illegal transaction. It is easy and they wont trace it that easy also. I can send 1 BTC per transaction and it will cost a little, then I send more 1 BTC so that nobody will care about it. So it had lot of goodies



I agree I think that it can used for good but nothing is sure of course, lets hope it will be used for good it would be nice without any doubts.
I think that if we have enough patient its possible.
newbie
Activity: 73
Merit: 0
November 15, 2016, 11:52:09 AM
We know it could be use for good because many have profited from it including me. I earn about $20 monthly. How about the bad side. Payment for illegal drugs or illegal guns in silk road, criminal use bitcoin for illegal transaction. It is easy and they wont trace it that easy also. I can send 1 BTC per transaction and it will cost a little, then I send more 1 BTC so that nobody will care about it. So it had lot of goodies
yes that is a fact that bitcoin will mostly be used for good purposes, a little number of people may be using it for wrong purposes, as bitcoin is giving us a good profit as we mostly use if for fulfilling our daily needs therefore it really using for good.
yes that is a fact that mostly people are using bitcoin for good purposes, for example if a person is investing bitcoin in shopping for their children then he is really dong good job, if you want to use it for some more good purpose then you should invest donate your bitcoins to a charity center.

In the future, the proportion of the bitcoin to be used for good causes will be increased dramatically.
sr. member
Activity: 462
Merit: 250
November 14, 2016, 02:26:26 PM
We know it could be use for good because many have profited from it including me. I earn about $20 monthly. How about the bad side. Payment for illegal drugs or illegal guns in silk road, criminal use bitcoin for illegal transaction. It is easy and they wont trace it that easy also. I can send 1 BTC per transaction and it will cost a little, then I send more 1 BTC so that nobody will care about it. So it had lot of goodies
yes that is a fact that bitcoin will mostly be used for good purposes, a little number of people may be using it for wrong purposes, as bitcoin is giving us a good profit as we mostly use if for fulfilling our daily needs therefore it really using for good.
yes that is a fact that mostly people are using bitcoin for good purposes, for example if a person is investing bitcoin in shopping for their children then he is really dong good job, if you want to use it for some more good purpose then you should invest donate your bitcoins to a charity center.
hero member
Activity: 1092
Merit: 501
November 14, 2016, 02:18:24 PM
I don't know why this is even a question, the existence of bitcoin itself is good, since it allow us to have complete control over our money without any government able to claim ownership of bitcoin.
full member
Activity: 294
Merit: 100
Life is a game, you either play it or get played.
November 14, 2016, 02:09:35 PM
I honestly think everything that has been associated with Bitcoin has a positive outcome... It's boosted trade with foreign countries significantly and even acts as a tool for numerous foreign places where the income levels are low.

Since cryptocurrencies are easily valued, lucrative opportunities ease in to providing supplemental income to those visiting libraries or other venues on their way to the market + open wifi hotspots whilst shopping.
full member
Activity: 188
Merit: 100
November 14, 2016, 01:28:17 PM
Ofcourse! Bitcoin can be used for good. You can donate some of your Bitcoin to the people who is in need  Grin. or you can donate through our organization which is Bitcointalk for expenditures of the website like their webhosting or website handling. You can even earn bitcoin and convert it to real cash and that way you spend it or share it with your family. You can treat them dinner or anything else that you want.  You can even invest to make your money grow, that way you can settle your expenses without worrying about money. As simple as that. I hope I help you with this.
MMA
legendary
Activity: 1134
Merit: 1000
November 11, 2016, 02:21:46 PM
We know it could be use for good because many have profited from it including me. I earn about $20 monthly. How about the bad side. Payment for illegal drugs or illegal guns in silk road, criminal use bitcoin for illegal transaction. It is easy and they wont trace it that easy also. I can send 1 BTC per transaction and it will cost a little, then I send more 1 BTC so that nobody will care about it. So it had lot of goodies
yes that is a fact that bitcoin will mostly be used for good purposes, a little number of people may be using it for wrong purposes, as bitcoin is giving us a good profit as we mostly use if for fulfilling our daily needs therefore it really using for good.
full member
Activity: 238
Merit: 100
November 11, 2016, 12:57:48 PM
We know it could be use for good because many have profited from it including me. I earn about $20 monthly. How about the bad side. Payment for illegal drugs or illegal guns in silk road, criminal use bitcoin for illegal transaction. It is easy and they wont trace it that easy also. I can send 1 BTC per transaction and it will cost a little, then I send more 1 BTC so that nobody will care about it. So it had lot of goodies
full member
Activity: 210
Merit: 100
November 11, 2016, 12:50:32 PM
Yes Bitcoin is a means of payment. And it is neutral, and how to use each chooses himself. As Bitcoin could be used as humanitarian aid to poor countries. For example, some African countries,  and dine backward countries where there is no reliable financial system, Credit cards can sometimes just do not work, and their service is quite expensive so bitcoin would serve the purpose very well.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
November 11, 2016, 12:07:25 PM
It is upto the bitcoin users who want to use for good or bad things , i use bitcoin for sports and poker betting and balance i convert them to fiat currency and use for my daily life expenses. As i am not able to use bitcoin in my local as their is no shops or online shops which accepts for bitcoin.

I agree.  Bitcoin is only a medium or a currency that can be use to buy stuff.  Whether it can be use to evil or good depends on he holder.  People are using bitcoin to fuel several projects .  Once I read about a scholarship being funded in bitcoin.  And a foundation accepting donation in Bitcoin and people donating to the cause in bitcoin.
hero member
Activity: 1190
Merit: 534
November 11, 2016, 10:48:20 AM
I use Bitcoins for recharging my mobile  and i have idea of using it for buying goods online. Mopst important use for me is that i get low wages abroad and i am able to send my earnings to my family in india at very low charges and very fast also.Similarly charitable institutions in poor countries also get utmost benefit when funds are sent through Bitcoins.

It seems that we both are in the same boat. I want to spend bitcoin at offline merchants but unfortunately there are almost no merchant in my city who accept bitcoins. I can only recharge my mobile and DTH when it comes to using bitcoins for my day to day life.
Yes we can use bitcoin in right sense but for that we need more options where bitcoin is accepted. I am optimistic and thus believe that we will have more merchants willing to accept bitcoin in future.
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