Why just using bitcoins for good things and why not using other currencies as well?
If we all share our wealth to those in need no one would be poor.
But using the technology behind bitcoin to help the world is something else and could be achieved.
Topic: Can Bitcoin be used for Good? - page 26. (Read 38370 times)
Yes, it can. Bitcoin can be used for good like buy or sell something using bitcoin as the payment. Many people use bitcoin too, so you can use bitcoin for transaction too.
Of course it can, this is why it was created in the first place. All currencies can be used for doing both good or bad. It all comes from the mentalitity of its possesors.
you are right, to be honest i saw people donating with bitcoins and basically anyone can donate their bitcoins to the charities if they want to do a good thingOf course it can, this is why it was created in the first place. All currencies can be used for doing both good or bad. It all comes from the mentalitity of its possesors.
you are right, all the currencies can be used for good things to be honest, in my opinion you can donate the bitcoins and it is really great Bitcoin may have started as a currency for "bad" things and maybe terorist funding or such thing like that, but today when It's getting closer and closer to the mainstream, it's being used for every other thing that you can call "good" or even neutral, like varius charities, ordering food, buying things you want.. Tbh I don't know what do you mean by "good things"..
If I remember well, SilkRoad was the first "merchant" using Bitcoin as payment tool. It had also a billion $ in revenue. And all this back in the days when the price was much lower than the price right now. I don't see this as a bad thing at all. This just shows that marketplaces as Ebay, Amazon, etc, would do amazingly well when accepting Bitcoin. But then again, there will always be people complaining about customer protection and stuff.
Bitcoin needs worldwide acceptance first. Then, it can be used for anything a currency bill would too.
It really depends that on what type of goods we are talking about because bitcoin can be implemented on both the legal and illigal goods its jist a kind of money and we use it so.but i would like to use it more like my personal currency except anyting else
Bitcoin may have started as a currency for "bad" things and maybe terorist funding or such thing like that, but today when It's getting closer and closer to the mainstream, it's being used for every other thing that you can call "good" or even neutral, like varius charities, ordering food, buying things you want.. Tbh I don't know what do you mean by "good things"..
lol
bitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
ya like money , it is neutral and depends from who use it , just confused why some people blame the currency and not the user if currency being used for bad thingbitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
Yep you're right bitcoin is design to help people on transaction so that we have a fast and efficient transaction online without any fees
. But because of the faster and sometimes anonymous transaction it is used in illegal things because it is easy to play and sometimes untracesable. But overall bitcoin is just for the good transactions and not meant to illegal things. What it only cares is that the transaction is recorded in the network which is even not available in any currencies. This way bitcoin supports and emphasize people to be good as they might be watched unlike any other system.
lol
bitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
ya like money , it is neutral and depends from who use it , just confused why some people blame the currency and not the user if currency being used for bad thingbitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
Not only that, we must avoid make transaction with suspicious user because their coins might be tainted (have trace from bad/illegal things). Some bitcoin service can reject your bitcoin if your bitcoin came from dark net/illegal transaction even though it's very rare case.
Also, bitcoin is P2P currency and not designed to help people who need extra income, but to be independent from using centralized money/service.
Of course it can, this is why it was created in the first place. All currencies can be used for doing both good or bad. It all comes from the mentalitity of its possesors.
you are right, to be honest i saw people donating with bitcoins and basically anyone can donate their bitcoins to the charities if they want to do a good thing 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.
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.
obvisouly, its a form of currency like any other currency which can be used for any other purpose like any other currency as well... I think its not actually about BITCOIN itself its actually about the owner of the bitcoin who is the determining factor in deciding wherever he wants to put his money...
lol
bitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
ya like money , it is neutral and depends from who use it , just confused why some people blame the currency and not the user if currency being used for bad thingbitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
Yep you're right bitcoin is design to help people on transaction so that we have a fast and efficient transaction online without any fees
. But because of the faster and sometimes anonymous transaction it is used in illegal things because it is easy to play and sometimes untracesable. But overall bitcoin is just for the good transactions and not meant to illegal things. 
Ofcourse it can. As if real money hasn't been used for illegal things..
You are right but some want to put the blame on bitcoin to make clean of their own money. That is just the government doing it controlling the media for us to be discouraged in investing with this great currency.
Ofcourse it can. As if real money hasn't been used for illegal things..
Of course it can, this is why it was created in the first place. All currencies can be used for doing both good or bad. It all comes from the mentalitity of its possesors.
lol
bitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
ya like money , it is neutral and depends from who use it , just confused why some people blame the currency and not the user if currency being used for bad thingbitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
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.
THat is good for the people is wanna using that for a good thing bad it's will become a bad system if the people wanna for using this system into bad things, good or not the bitcoin system is relied on with their user's intention. and every system is already having a weakness. lol
bitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
ya like money , it is neutral and depends from who use it , just confused why some people blame the currency and not the user if currency being used for bad thing bitcoin is a currency, and like any other currency can be used for anything.... good or bad. its up to the user.
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.
well yeah, in my opinion it might be that bitcoin is the best currency that has ever been invented and i think with it we will be able to make great fortune Jump to: