Can Bitcoin be used for Good? - page 2.

Natalim

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Quote from: bitcoinmasterlord on December 18, 2016, 08:59:50 PM

Quote from: boyptc on December 18, 2016, 07:42:35 PM

Quote from: butcherboss on December 17, 2016, 11:57:20 AM

When bitcoin was launched it was mainly used for illegal activities but then it got adopted by the common people and has been used for legal things since then. Bitcoin is a currency and like any currency it can be used for bad things but bitcoin has been used for many good things too like funding charities, bitcoin has made many startups possible helping many people. So, yes bitcoin can and will be used for Good.

I don't think that Satoshi is mainly aiming for bitcoins usage for illegal things, he just want to build something that is good for all of us and just because it has a good way to transact with its anonymity those people who are involved for illegal activities sees its potential. And let's just not be like them who are using bitcoin for bad things.

Yes, the Bitcoin transaction means it's illegal transaction. People use this bitcoin to play gambling and other gambling activities like trading, mining and investing like this. So all are illegal activities. When this bitcoin become legal currency, then we will get a chance to use this bitcoin for good purpose.

Bitcoin can be use for illegal activities but that does not mean that bitcoin is use for illegal activities, you are generalizing the situation. You have no idea what more good ways can it be use, the remittance thing is always a good thing and that promotes a fast and transparent transaction for the users, people would choose it because it's safe and convenient.

bitcoinmasterlord

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Quote from: boyptc on December 18, 2016, 07:42:35 PM

Quote from: butcherboss on December 17, 2016, 11:57:20 AM

When bitcoin was launched it was mainly used for illegal activities but then it got adopted by the common people and has been used for legal things since then. Bitcoin is a currency and like any currency it can be used for bad things but bitcoin has been used for many good things too like funding charities, bitcoin has made many startups possible helping many people. So, yes bitcoin can and will be used for Good.

I don't think that Satoshi is mainly aiming for bitcoins usage for illegal things, he just want to build something that is good for all of us and just because it has a good way to transact with its anonymity those people who are involved for illegal activities sees its potential. And let's just not be like them who are using bitcoin for bad things.

Yes, the Bitcoin transaction means it's illegal transaction. People use this bitcoin to play gambling and other gambling activities like trading, mining and investing like this. So all are illegal activities. When this bitcoin become legal currency, then we will get a chance to use this bitcoin for good purpose.

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Quote from: butcherboss on December 17, 2016, 11:57:20 AM

When bitcoin was launched it was mainly used for illegal activities but then it got adopted by the common people and has been used for legal things since then. Bitcoin is a currency and like any currency it can be used for bad things but bitcoin has been used for many good things too like funding charities, bitcoin has made many startups possible helping many people. So, yes bitcoin can and will be used for Good.

I don't think that Satoshi is mainly aiming for bitcoins usage for illegal things, he just want to build something that is good for all of us and just because it has a good way to transact with its anonymity those people who are involved for illegal activities sees its potential. And let's just not be like them who are using bitcoin for bad things.

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Quote from: (altair) on December 17, 2016, 08:26:01 AM

Quote from: n0ne on December 17, 2016, 04:59:05 AM

Quote from: bitcoinmasterlord on December 15, 2016, 01:51:21 AM

Quote from: Meycell on December 14, 2016, 11:00:43 PM

what mean this is "bitcoin used for not good activity" ?
i think bitcoin always used for good activity and bitcoin help every users with supply their income

Not good activities mean using in some illegal activities including gambling, porn and many other activities which are allowed to do legally. It all depends on individuals how they want to use bitcoins. if you use it for good purpose then it is good otherwise it is bad.

Depending on the user who use in different activities, the good and bad use gets segregated. Now using of bitcoin into bad activities have decreased a lot compared to the past. The reason is that the users has started trusting bitcoin much as a good investment than a payment currency for illegal needs.

And using it in illegal activities is a very big risk in thsir life. If they will be caught by authorities they will face some lifetime charges for their whole life. Bitcoin is a very good investment in terms of good way because of its continuously rising price which is very good for us.

Bitcoin payments can be made without personal information tied to the transaction. This offers strong protection against identity theft, no individual or organization can control or manipulate the Bitcoin protocol because it is cryptographically secure, if to catch someone who performs an illegal act like gambling, porn. it's just a waste of time

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Quote from: dhampir-D on December 18, 2016, 06:32:28 PM

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.

It was because of the people who uses it illegally as a medium of their transactions on Black market that bitcoin been known bad. But the reality that many common people who uses it now and earn profits on it shows that bitcoin is not really the issue its the users whom using it illegally. The services of bitcoin now offers lot of developments to be used for good intentions like for easily sending of money for family, buying and shopping online etc. Only if all people open their minds that it is really beneficial but we can't really please anyone for me its really good.

dhampir-D

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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.

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When bitcoin was launched it was mainly used for illegal activities but then it got adopted by the common people and has been used for legal things since then. Bitcoin is a currency and like any currency it can be used for bad things but bitcoin has been used for many good things too like funding charities, bitcoin has made many startups possible helping many people. So, yes bitcoin can and will be used for Good.

(altair)

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Quote from: n0ne on December 17, 2016, 04:59:05 AM

Quote from: bitcoinmasterlord on December 15, 2016, 01:51:21 AM

Quote from: Meycell on December 14, 2016, 11:00:43 PM

what mean this is "bitcoin used for not good activity" ?
i think bitcoin always used for good activity and bitcoin help every users with supply their income

Not good activities mean using in some illegal activities including gambling, porn and many other activities which are allowed to do legally. It all depends on individuals how they want to use bitcoins. if you use it for good purpose then it is good otherwise it is bad.

Depending on the user who use in different activities, the good and bad use gets segregated. Now using of bitcoin into bad activities have decreased a lot compared to the past. The reason is that the users has started trusting bitcoin much as a good investment than a payment currency for illegal needs.

And using it in illegal activities is a very big risk in thsir life. If they will be caught by authorities they will face some lifetime charges for their whole life. Bitcoin is a very good investment in terms of good way because of its continuously rising price which is very good for us.

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Quote from: bitcoinmasterlord on December 15, 2016, 01:51:21 AM

Quote from: Meycell on December 14, 2016, 11:00:43 PM

what mean this is "bitcoin used for not good activity" ?
i think bitcoin always used for good activity and bitcoin help every users with supply their income

Not good activities mean using in some illegal activities including gambling, porn and many other activities which are allowed to do legally. It all depends on individuals how they want to use bitcoins. if you use it for good purpose then it is good otherwise it is bad.

Depending on the user who use in different activities, the good and bad use gets segregated. Now using of bitcoin into bad activities have decreased a lot compared to the past. The reason is that the users has started trusting bitcoin much as a good investment than a payment currency for illegal needs.

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Quote from: TravisNeko on December 15, 2016, 12:14:23 PM

The bitcoin can be used for good but than it first needs to grow a lot more right now otherwise its no task!

What do you mean by it needs to grow a lot more? or do you mean to say that it needs to become popular first and people must be adopt it? Whether it is bitcoin or not, it can be used for good and bad. That is going to depend on how is the user will use it for his own good or bad motives. And much better if most of us will use it for good.

RyanLiang

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Quote from: TravisNeko on December 15, 2016, 12:14:23 PM

The bitcoin can be used for good but than it first needs to grow a lot more right now otherwise its no task!

We need the block size to rise to have more transactions.

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The bitcoin can be used for good but than it first needs to grow a lot more right now otherwise its no task!

Juggy777

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This topic reminds me of a my friend friend who stays abroad and has been doing it for a while, he does charity using Bitcoin either sends currency or send products to ngos and shelter homes. The best part is he does not posts on Fb and only selected people know about it. These are the people who really make good use of Bitcoins.

allthingsluxury

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Bitcoin already is used for a lot of good, and just like cash, it can of course be used for bad things. This in itself, doesn't make bitcoin bad, but the user.

jvc12

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Yes bitcoin can be use for good is just few people who have got to know about bitcoin, money in the hands of the owner can not be said weather to be use it for good or for bad but i think that everyone will way or the other will want to use his or her money for something positive i really don't want to think any one will want to use he or money negatively.

TreeOfDeath

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Well I'm a newbie so am not having earnings with bitcoins,
but my brother bought me a laptop using bitcoins so I am very happy with that.
And the online purchases are also very useful to buy goods Grin

(altair)

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Quote from: bitcoinmasterlord on December 15, 2016, 01:51:21 AM

Quote from: Meycell on December 14, 2016, 11:00:43 PM

what mean this is "bitcoin used for not good activity" ?
i think bitcoin always used for good activity and bitcoin help every users with supply their income

Not good activities mean using in some illegal activities including gambling, porn and many other activities which are allowed to do legally. It all depends on individuals how they want to use bitcoins. if you use it for good purpose then it is good otherwise it is bad.

Yeah, anyone can use it in both ways. It's up to himself on what is his intention to use bitcoin. Because of the huge value of bitcoin and its transactions are anonymous makes some people take advantage of it and use it in the bad way. They are much safer using bitcoin than fiat which is easier to find them if they use fiat.

grta14

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hello there are so many good and better thing that bitcoin can be use for and as we all know money is been determined by the owner either to be use for good or bad intention to the best of my knowledge bitcoin are use for good things and can be use for good things if one has a lot of bitcoin and want to change it, to it currency he or she can, buying of goods also.

bitcoinmasterlord

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Quote from: Meycell on December 14, 2016, 11:00:43 PM

what mean this is "bitcoin used for not good activity" ?
i think bitcoin always used for good activity and bitcoin help every users with supply their income

Not good activities mean using in some illegal activities including gambling, porn and many other activities which are allowed to do legally. It all depends on individuals how they want to use bitcoins. if you use it for good purpose then it is good otherwise it is bad.

BitcoinPC

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Quote from: Vaskiy on December 14, 2016, 12:07:54 PM

Quote from: virasog on December 14, 2016, 07:48:13 AM

Quote from: xypos on December 13, 2016, 11:16:33 PM

Of course bitcoin can be used for good, because bitcoin as a technology is simply nothing less than a revolution, and when people actually realise the potential of this technology, sooner or later, they will switch to bitcoin and ditch fiat.

Fiat is an endless hole, if you save your money in fiat, then you can expect to never see it again.

Exactly, bitcoin is really a new technology, and we should use it in our daily life. Because bitcoin give us all facilities to buy from it. So why not we use it, also i started to use the bitcoin when i need to transfer my amount into an other account, So choose bitcoin, and forever i will choose it.

Bitcoin as a form of payment processing got for big transaction needs with anonymity. During the early days bitcoin was much used for illegal trades. Later on with its potential it has evolved and got to be successful as a source for good deeds.

As you said, recently, bitcoin is too much used for illegal trades, What does it mean?
Because, i only saw scammers are here in bitcoin, nothing i see the use of bitcoin in a wrong way.
Also in illegal trades, so far as i know only altcoin trading, and it is not illegal.
But i think many scammers are doing sites for investment and than they give us lose, but in trading wise, i received a very good response from bitcoin.

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