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Topic: Can Bitcoin be used for Good? - page 22. (Read 38370 times)

hero member
Activity: 1190
Merit: 534
September 21, 2016, 11:56:12 PM
http://www.theatlantic.com/technology/archive/2016/04/bitcoin-hype/477141/

Quote
Something strange is happening to Bitcoin. Once viewed as a way to do business in the darkest corners of the web, the digital currency has rather suddenly become a favorite talking point among humanitarians and international development enthusiasts.

Bitcoin isn’t just for illicit transactions or Internet hobbyists anymore, but for helping the poor, the downtrodden, and the unbanked.

Perhaps Bitcoin can save them! Perhaps Bitcoin can save the world!

Regardless of whether this attitude is realistic—and more on that in a minute—the people focused on demonstrating the social benefits of Bitcoin are challenging existing narratives about the cryptocurrency. While early commentary focused on how Bitcoin might be used to buy drugs online, or for sending money without a paper trail; the social-good argument suggests that these uses were simply the first use-cases in which Bitcoin’s utility became apparent. But there are billions of other potential use. There are, for example, people who face significant obstacles in operating within the formal banking system—and these folks look very different from the shadowy hackers that tend to be seen as the prototypical Bitcoin user. They could be low-wage migrant workers sending money back home to their families, for example, or activists receiving money from abroad during tumultuous times.

It is really a serious matter because these small incidents will shape the goodwill of the bitcoin. Let’s be frank, perception matters the most when it comes to growth. If we are really expecting a good growth in the user base then we must care about how it is being used.
I am using bitcoin for digital goods and services at this moment and to use it for psychical goods we need more and more merchants accepting it.
hero member
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Backed.Finance
September 21, 2016, 11:22:42 PM

Off course we can used BITCOINS for good purpose . There is no bad Or good ,this depends upon our thinking .the way we are thinking. The only one thing we must know that no body should chit. Purpose should be believable.

Yes of course, we can use bitcoin for good. It depends on ones decission where to spend his bitcoin as it is also good as cash. Theres no limit where you can spend it, you have all the power,authority where to spend it if you owned it.
member
Activity: 79
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DREAMS ONLINE
September 21, 2016, 10:55:48 PM
One question


Who defines what is good or bad? Is there only one definition? (ok 2 questions Grin)

Off course we can used BITCOINS for good purpose . There is no bad Or good ,this depends upon our thinking .the way we are thinking. The only one thing we must know that no body should chit. Purpose should be believable.
hero member
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★Bitvest.io★ Play Plinko or Invest!
September 21, 2016, 06:38:23 PM
Yes, the same way that fiat  currency can be used for  good and bad things, the same may  happen with bitcoin, it depends  on the users awareness.

Yeah it is just going to depend on how you are going to spend it. But it is better if you are going to use it for good. Because many people who doesn't know bitcoin are thinking that bitcoin is evil. So we can promote to use bitcoin for good so that those people are not going to think about bad things for bitcoin anymore just like we are doing it.
legendary
Activity: 1246
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!!! RiSe aBovE ThE StoRm !!!
September 19, 2016, 12:34:31 PM
It can actually do good to many people as there are many charitable sites which accept bitcoins and are actually being spent for many needy people who are in search of some real help... Bitcoins can surely be used for the good of well-being, especially with its feature of least fee for the transactions...
full member
Activity: 210
Merit: 100
September 19, 2016, 09:41:36 AM
Obviously yes, because with bitcoin we have limit less good work that we can do. Like gifting bitcoin, buying games, buying domain, buying online products and lots more. It all depends on bitcoin user how he use.
legendary
Activity: 2940
Merit: 1083
September 19, 2016, 09:34:39 AM
Yeah of course Bitcoin can be used for good not everybody on Bitcoin makes use of it in a bad way. I am just suing Bitcoin as an extra income so that I can make more money.
This way I am living a bit better and can buy some more things.

The same thing had happened to me when I first knew bitcoin. It is all about adding up some more money. Then I started makig it bigger investing more from my salary then do some work like trading. It did end up as a better solution for my financial problems and I can also buy new things that I cant buy way back.
sr. member
Activity: 350
Merit: 250
September 19, 2016, 09:27:22 AM
Bitcoin is a good currency in system and mechanism, if there are those who sell drugs with it that is in no way the fault of BTC.

Indeed but i think he means if we can help a country with it or not and I am a firm beleiver that poor countries could benefit from bitcoin.
How it would work I'm not sure but I am sure there's the option to improve via bitcoin.
sr. member
Activity: 420
Merit: 250
September 19, 2016, 09:05:52 AM
Yeah of course Bitcoin can be used for good not everybody on Bitcoin makes use of it in a bad way. I am just suing Bitcoin as an extra income so that I can make more money.
This way I am living a bit better and can buy some more things.
sr. member
Activity: 407
Merit: 250
DAG, Built-in Chat and Conditional Payments
September 17, 2016, 09:50:46 AM
For sure, bitcoin can be used for good. There are different projects being developed to make the economy more decentralized, contributing to the free market and making better the lives of many people... and all this thanks to bitcoin.
newbie
Activity: 20
Merit: 0
September 16, 2016, 03:43:01 AM
bitcoin same like money
if you use to buy drugs you will ruin your body
but if you use to buy health food is good for you
legendary
Activity: 840
Merit: 1000
September 16, 2016, 03:39:33 AM
Yes, of course btc can be used for good.  For example, the only thing that I'm doing is making money trading,  and that's good enough,  especially because I'm not doing anything illegal with it.
yes. just like what you said. bitcoin can be used for goods. but it is up to the person who use bitcoin.
if someone use bitcoin for bad activities then it is his fault. it doesn't prove that bitcoin can't be used for good or bitcoin is only for bad things.
sr. member
Activity: 406
Merit: 250
September 16, 2016, 03:32:26 AM
Yes I don't see why not it could help underdeveloped countries be more developed and if it becomes a global currency then they could use it too making the country more valuable eventually since we are all on the same line.
full member
Activity: 126
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Get paid $500 to $1500+ per week
September 16, 2016, 03:08:20 AM
Bitcoin can be used to do a lot of thing,  Kiss it all depends on many on what you want. I use it for trading and also lending and looking for were to burrow. Cool Roll Eyes Huh
full member
Activity: 210
Merit: 100
September 16, 2016, 02:40:51 AM
Of course yes, it can be used for good although it can be used for bad too depend on users, usualy i use bitcoin for trading altcoins on poloniex and if i have got profit i used bitcoin for gambling too.
hero member
Activity: 1092
Merit: 501
September 16, 2016, 02:39:07 AM
Any currency can be used for good, any even small donation to other people is using bitcoin for good i think. So bitcoin can be used for good for sure

You are definitely correct, if there is good, bad also always there. And using it bad ways, I think that will be depending on the coin holder where he/she going to use it. But  majority of the member here they use often used t for good most of the time.
hero member
Activity: 616
Merit: 500
September 16, 2016, 02:31:37 AM
Yes I believe bitcoin can be used for good but not in the ways people think. I think that if you show the more poor people who still have acces to internet bitcoin, you create jobs for them. You can do stuff with bitcoin which pays more than minimum wage in alot of countries so that could help poor people.
hero member
Activity: 1092
Merit: 501
September 16, 2016, 02:22:28 AM
yes it should be really use it for good  as much as possible. Actually we can earn bitcoin here for so many ways in term of as good method of investing in good site we have in bitcoin world.

You are correct, we can earn bitcoin for so many ways, such as joining in the signature campaign whose altcoin is potentials, you/we also invest in trading, neither in the lCO altcoins too. Or if you are curious you can apply for campaign  manager in the signature event.
hero member
Activity: 1092
Merit: 501
September 16, 2016, 02:17:23 AM
We know that bitcoin has a big community now in crypto currencies. And about the question you wanna know their feedback, all decision will be depend on how are they going to use it. But in my assessment many of the members here most of them they used their bitcoins for good not for any bad things.
hero member
Activity: 1008
Merit: 540
September 16, 2016, 01:33:51 AM
Absolutely yes because it is real money Smiley

That's it. Many people believe that using money normally is not good.
More people use it in good things rather than bad. I believe that.
Nah we all use money for daily basis and we use it to do some things like buying things etc buying foods etc and many people using bitcoin too for currency and for good activity and i believe most of us are not using it for bad
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