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Topic: Can Bitcoin be used for Good? - page 15. (Read 38368 times)

legendary
Activity: 1190
Merit: 1002
November 11, 2016, 10:37:35 AM
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.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
November 11, 2016, 10:21:06 AM
I always used bitcoin for legal purposes i don't want to get involved in illegal activities all i want is to earn in legal ways like in trading into alternative coins and investment in the legit website bitcoin can really use in many good purposes like buying goods and foods everything you want in your life.

yeah, even tho bitcoin is harder to trace, I don't want to risk it by doing something illegal and throw away all Ive got now.
hero member
Activity: 924
Merit: 500
November 11, 2016, 09:29:55 AM
I always used bitcoin for legal purposes i don't want to get involved in illegal activities all i want is to earn in legal ways like in trading into alternative coins and investment in the legit website bitcoin can really use in many good purposes like buying goods and foods everything you want in your life.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
November 11, 2016, 09:25:45 AM
Yes of course it can be use for good but af the same time it can also be used for evil purposes

This is because it depending on the person who uses it.  The Purpose and intention is different for every person.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
November 11, 2016, 07:34:32 AM
Not just can, but it is. I think the majority of situations in which Bitcoin is used are in good causes. And unless I'm missing something about cryptos, the proportion of cases in which a currency is used for bad purposes is much greater when it comes to fiat currency.

What people are using with the good or bad purposes with fiat currency are also being used by the people who have crypto currencies.

It is a good thing if you will use bitcoin for your own good purposes but we can't remove the reality that there are people who are taking advantage for bitcoin's anonymity.

And those people are involved into illegal activities which mostly found in deep web.
Bitcoin is like fiat where we can use in transaction, and when fiat is use for good and bad transaction then definitely bitcoin is also use  for good.
The question seems to unfair for bitcoin and it's like it is judging that bitcoin is widely use for bad or illegal activities.

I think bitcoin gives a bad image because of those terrorists that uses bitcoin to buy weapons. Or drug lords also uses bitcoin as money. Mainstream medias broadcasts those kind of things  which makes bitcoin illegal but they don't show the good things about bitcoin in the news.

i don't know where you even came up with what you just said because as long as the terrorists and the big ass drug lords have access to the easy transferable and easy traceable USD which is accepted anywhere and it is easy to do anything with, they won't look for an alternative Smiley
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
November 11, 2016, 07:25:47 AM
If you want to do some donation then better be careful to whom you will give it to. There are a lot of frauds that have been circling in the crypto industry seeing they can do a lot of money here. One example is at steem community where there are a lot of posted fraud group that are helping.
sr. member
Activity: 420
Merit: 250
November 11, 2016, 02:51:49 AM
Bitcoin is used for good since their start, giving freedom to us, making us the owner of our money.

If some people use the coin to scam others, that's not bitcoin fault but humanity fault.
hero member
Activity: 2366
Merit: 594
November 11, 2016, 12:00:54 AM
Not just can, but it is. I think the majority of situations in which Bitcoin is used are in good causes. And unless I'm missing something about cryptos, the proportion of cases in which a currency is used for bad purposes is much greater when it comes to fiat currency.

What people are using with the good or bad purposes with fiat currency are also being used by the people who have crypto currencies.

It is a good thing if you will use bitcoin for your own good purposes but we can't remove the reality that there are people who are taking advantage for bitcoin's anonymity.

And those people are involved into illegal activities which mostly found in deep web.
Bitcoin is like fiat where we can use in transaction, and when fiat is use for good and bad transaction then definitely bitcoin is also use  for good.
The question seems to unfair for bitcoin and it's like it is judging that bitcoin is widely use for bad or illegal activities.

I think bitcoin gives a bad image because of those terrorists that uses bitcoin to buy weapons. Or drug lords also uses bitcoin as money. Mainstream medias broadcasts those kind of things  which makes bitcoin illegal but they don't show the good things about bitcoin in the news.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
November 10, 2016, 09:42:11 PM
Not just can, but it is. I think the majority of situations in which Bitcoin is used are in good causes. And unless I'm missing something about cryptos, the proportion of cases in which a currency is used for bad purposes is much greater when it comes to fiat currency.

What people are using with the good or bad purposes with fiat currency are also being used by the people who have crypto currencies.

It is a good thing if you will use bitcoin for your own good purposes but we can't remove the reality that there are people who are taking advantage for bitcoin's anonymity.

And those people are involved into illegal activities which mostly found in deep web.
Bitcoin is like fiat where we can use in transaction, and when fiat is use for good and bad transaction then definitely bitcoin is also use  for good.
The question seems to unfair for bitcoin and it's like it is judging that bitcoin is widely use for bad or illegal activities.
member
Activity: 85
Merit: 10
November 10, 2016, 09:19:35 PM
Not just can, but it is. I think the majority of situations in which Bitcoin is used are in good causes. And unless I'm missing something about cryptos, the proportion of cases in which a currency is used for bad purposes is much greater when it comes to fiat currency.


Bitcoin is used a lot and I think that that is not wrong at all it has a good future and will be used more in the future.
It will be used for a long time and gets better and better.
hero member
Activity: 840
Merit: 501
Strength in Numbers
November 10, 2016, 08:46:13 PM
Not just can, but it is. I think the majority of situations in which Bitcoin is used are in good causes. And unless I'm missing something about cryptos, the proportion of cases in which a currency is used for bad purposes is much greater when it comes to fiat currency.

What people are using with the good or bad purposes with fiat currency are also being used by the people who have crypto currencies.

It is a good thing if you will use bitcoin for your own good purposes but we can't remove the reality that there are people who are taking advantage for bitcoin's anonymity.

And those people are involved into illegal activities which mostly found in deep web.
full member
Activity: 238
Merit: 250
November 10, 2016, 02:54:48 PM
Not just can, but it is. I think the majority of situations in which Bitcoin is used are in good causes. And unless I'm missing something about cryptos, the proportion of cases in which a currency is used for bad purposes is much greater when it comes to fiat currency.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
November 10, 2016, 05:21:50 AM
You have to realise that bitcoin isn't only used for dark web markets, but rather also as an investment instrument and day to for day to day transactions. It can bring a banking opportunity to the unbanked.

Yes it would bring banking opportunity specially those who cash out their wallet online using cardless atm. If i were a bank manager i'd rather suggest that bitcoin will be used a payment for their deposits because its convertible to any currency. If this happens to all banks surely bank profit will increase and banking business will be more efficient and progressive.
hero member
Activity: 1568
Merit: 549
Be nice!
November 01, 2016, 12:26:38 PM
Of course, it all depends on the user's awareness. In fact it is already used for many positive purposes, helping investors and users to have a faster and safer way to send, receive and store value.
Yes, that should really be the use of bitcoin since its a cryptocurrency that can be access online. But sadly, some people uses its advantage to do some bad things.
jr. member
Activity: 59
Merit: 10
November 01, 2016, 09:46:39 AM
Of course, it all depends on the user's awareness. In fact it is already used for many positive purposes, helping investors and users to have a faster and safer way to send, receive and store value.
hero member
Activity: 742
Merit: 500
October 28, 2016, 04:18:55 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.
sr. member
Activity: 280
Merit: 250
October 28, 2016, 03:47:01 AM
Yes ofcourse bitcoin is developed and gifted by satoshi to mankind for good use only. it reduces/removes transaction fees which sending money to other countries. New a days we are becoming globalised and we should not have burden to send money to other countries. so bitcoin died the work for us which our traditional bank can't do.
sr. member
Activity: 498
Merit: 250
October 28, 2016, 03:33:35 AM
of course bitcoin can be used to purchase anything, both physical and digital.
hero member
Activity: 588
Merit: 500
October 28, 2016, 12:10:00 AM
Still now I have been using bitcoin for good purposes like mobile recharge and some online purchase. I have a wish to go for gambling. I don't know whether it is good or bad.

You really need to use bitcoin for good as much as you can dude! Though bitcoin for me is designed to for good purposes only, and don't get be attempt  to use it for gambling sites, it will only turn you to frustration and failure of losing your money. So be content of doing it for good purposes.

Well, i think in gambling, if we want to use the bitcoin in casino sties, So no bad thing in it, Actually it depend on us how much we can afford it, if we can afford our lose in gambling, So it is not a bad purposes which we are using the bitcoin.  Gambling is one of most favorite game, only it give us more losses, So same thing is also here in investment or trading, but we still doing it all.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
October 27, 2016, 11:08:13 PM
I'm not using it for good or bad. Just purchases for myself, legal purchases of course.  However, it's pretty evident that bitcoin has been used for bad many times

But is not good to implement the bitcoin to real time businesses. I have many threads came arise to show bitcoin is being is used for illegal activities and products. However bitcoin will have potential to reach to big destination, Showing bitcoin with wrong usage will affects its growth.

I disagree on your opinion on bitcoin is not good to implement to real time business, Actually it is starting to accept on the merchants on our country and it effects is good to both consumer and business owner, it made transactions fast and easy to use, just click and the bitcoin is send right away, Bitcoin is a good key to improve business industry, i think it will give an innovation to the world
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