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Topic: Can Bitcoin be used for Good? - page 3. (Read 38368 times)

sr. member
Activity: 602
Merit: 250
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
legendary
Activity: 2912
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December 14, 2016, 03:43:56 PM
Nothing actualy lasts for good at least not without changes. Especialy in the digital world, things are changing rapidly. I think that Bitcoin has the potential to survive, it's geting more and more accepted, people are changing the opinion about Bitcoin in positive way so the future seems bright.
MMA
legendary
Activity: 1134
Merit: 1000
December 14, 2016, 03:30:47 PM
Bitcoin is become popular in the dark web and people agree it's a bad thing to do a criminal transactions.
But now that things is gone, bitcoin become publicly.
And one good thing is the world is learning blockchain technology behind bitcoin that can make some good system for a better.
yes i am also agree with you. in start people will thinking that bitcoin was used for illegal activities and that was because of its anonymous character but now the trend is changing and people are using bitcoin in daiy life as normal and legal currency,
hero member
Activity: 614
Merit: 506
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December 14, 2016, 03:05:07 PM
must be a class of social science, the idea of something & it's use for good throughout the course of study

//IT can be used for many things, both good or bad & depends on the user/s

Edit: everything from the light house to everyday items are either used for good or bad throughout their creation, doesn't change the fact of being useful & something of good creation over the years
sr. member
Activity: 1036
Merit: 279
December 14, 2016, 02:58:01 PM
This was also my first impression of bitcoin, something used for shady transactions over the internet. But as I've read more about it, I see it now as simply money. And as we all know money, like power, can be used for good or bad actions. I've seen people do good stuff with money, like "crowdfunding" farmers so they don't get into debt just farming their land. I suppose the same can be achieved using bitcoin.
legendary
Activity: 2688
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December 14, 2016, 12:07:54 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.
legendary
Activity: 1008
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December 14, 2016, 09:50:53 AM
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.

And together with this people are the criminals. When criminals realize that there's no paper trail or anything in bitcoins, they will switch to using bitcoins as well. In most third world countries, no criminal would bat an eye on using bitcoins but in more civilized countries, they surely would embrace this currency. People have been using social media sites to look for drug dealers and sort, they'd think might as well use the internet to have the payment too when they find out about bitcoin.

So I think people realizing the potential of bitcoins will always have some bad people abusing the idea. But meh, no difference on how fiat's being used right now anyway.
member
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December 14, 2016, 09:15:23 AM
I hope it will but I do not think that it can be used for good, we really have to wait for it so we can see what is coming.
copper member
Activity: 2940
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December 14, 2016, 08:39:38 AM
I think it still depends on how you use it. I think the primary purpose of bitcoin is also making the world better, making fewer fees and making transactions easier. In our country, it's still not so much applied yet but I think there's a chance (if they are open minded about it). There's also free will that can lead to up to no good.
legendary
Activity: 3136
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December 14, 2016, 07:48:13 AM
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.
sr. member
Activity: 532
Merit: 250
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.
hero member
Activity: 714
Merit: 500
December 13, 2016, 11:10:32 PM
I agree with the quote, though at first it could have been thought that this is the currency for illicit transactions in the web world, it can be and actually is a lot more than that. And nowadays is used more for legal purposes than others. Maybe not in the value but surely in the numbers of users.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 13, 2016, 10:26:10 PM
It is money, neither bad nor good, its the user that matters
Yeah that is right like all other currencies it is also a normal currency and it is used for good things or for bad things it is totally depended on the minds of people who use it so if it goes to the hands of good people bitcoin will be surely used for good.
I agree with that because we can't control the intention of the people, there's freedom to use bitcoin here so why would they want to be dictated and in fact we are all sinners so we can do good and bad and bitcoin is just an instrument.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
December 13, 2016, 10:10:49 PM
Bitcoin is become popular in the dark web and people agree it's a bad thing to do a criminal transactions.
But now that things is gone, bitcoin become publicly.
And one good thing is the world is learning blockchain technology behind bitcoin that can make some good system for a better.
In the past I do not think that it was all for bad and dark web. It was from the start as a currency invented for online transactions and many people adopted it as asset for future profit and they are very happy with it. and like that it is still used for good.

It was started with good intention but now become popular in those illegal activities and in gambling. Online gambling has become so popular just because of bitcoins. If gambling business stops accepting bitcoins then bitcoins prices will go down many folds from current prices.
Well, I can say that majority of the adopters have tried bitcoin gambling or at least knows gambling and that brings good outcome to the economy of bitcoin since the demand will increase due to massive adoption of people brought by the gambling industry.

Honestly, I have never had a fun before until I knew bitcoin online gambling. However, if it's illegal in your country then you are using it not for good but it's not only gambling are the activities here so we can still use it for good base on our decision.
klf
legendary
Activity: 1344
Merit: 1000
December 13, 2016, 08:55:20 PM
Bitcoin is become popular in the dark web and people agree it's a bad thing to do a criminal transactions.
But now that things is gone, bitcoin become publicly.
And one good thing is the world is learning blockchain technology behind bitcoin that can make some good system for a better.
In the past I do not think that it was all for bad and dark web. It was from the start as a currency invented for online transactions and many people adopted it as asset for future profit and they are very happy with it. and like that it is still used for good.

It was started with good intention but now become popular in those illegal activities and in gambling. Online gambling has become so popular just because of bitcoins. If gambling business stops accepting bitcoins then bitcoins prices will go down many folds from current prices.
hero member
Activity: 672
Merit: 500
December 13, 2016, 05:30:32 PM
Bitcoin is become popular in the dark web and people agree it's a bad thing to do a criminal transactions.
But now that things is gone, bitcoin become publicly.
And one good thing is the world is learning blockchain technology behind bitcoin that can make some good system for a better.
In the past I do not think that it was all for bad and dark web. It was from the start as a currency invented for online transactions and many people adopted it as asset for future profit and they are very happy with it. and like that it is still used for good.
hero member
Activity: 910
Merit: 525
December 13, 2016, 05:10:32 PM
Bitcoin is become popular in the dark web and people agree it's a bad thing to do a criminal transactions.
But now that things is gone, bitcoin become publicly.
And one good thing is the world is learning blockchain technology behind bitcoin that can make some good system for a better.
hero member
Activity: 798
Merit: 500
December 13, 2016, 04:47:40 PM
It is money, neither bad nor good, its the user that matters
Yeah that is right like all other currencies it is also a normal currency and it is used for good things or for bad things it is totally depended on the minds of people who use it so if it goes to the hands of good people bitcoin will be surely used for good.
legendary
Activity: 1274
Merit: 1004
December 13, 2016, 04:20:33 PM
yes i agree with that article bitcoin is really the concept everyone looking for to enter the future. i am not saying that i fully trust bitcoin i know this can make me lose everything but i am just saying i am just using it for my profit and not even harming anyone or the network infact the bitcoin system is helping me on this
hero member
Activity: 644
Merit: 500
December 13, 2016, 04:07:57 PM
BTC helped me reach businesses that were far from my place. It gave me opportunities that I could not even dream about and nowadays it gives me a living. I appreciate the opportunities thanks to BTC and I love my way of living that it provides so yes, BTC is Good.
I agree. It also makes my transactions faster. Whenever I want to put my stuff in auction, I accept btc payments so thst I can easily sell my stuff and get my money.
Also, not only in business we can use bitcoins.
Like me, I also used bitcoins for paying my bill and buying loads. It's easy and instant, undeniably bitcoin is great.

Transaction time is a major reason why I prefer BTC. BTC is good because you can avoid delays due to banking shifts (some banks do not send transactions at night or at weekend) and among different banks in different times zones. BTC network works 24/7 and you do not have to adapt to the working time of banks' employees.
Cheers to that, banking system is very weak in terms of transaction, they do check well the transaction before approving and they have the power to freeze our accounts while here it cannot happen.
I have experienced that in international transactions banks often take a dozen of days to complete that transaction. I do not know about other countries but in my countries the banks transfer the money in our account when it is reached from that country from where the transaction is initiated. Now with bitcoin we are getting more benefits in international transactions.
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