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Topic: Can Bitcoin be used for Good? - page 31. (Read 38381 times)

sr. member
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July 14, 2016, 12:19:31 PM
of course bitcoin can be used for making good things just like all the other money, for example you can use the bitcoins to gain profit and donate it to charity organisations
member
Activity: 96
Merit: 10
July 14, 2016, 11:44:12 AM
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.

Maybe the "darknet" is just a way to say evil is not evil...
full member
Activity: 434
Merit: 101
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July 14, 2016, 10:50:46 AM
Well bitcoin has the same property as USD, so it can be used as currency.  We know as currency it can be use for good things.  You can use it to donate to charity institution.  Buy your kid with toys that they wish.  Buy yourself some food supplement from online store that accept Bitcoin to maintain your good health.  So Bitcoin can function the same function as money in using for good.
BTCfor me bitcoin its very2 help me for myself and my family,
hero member
Activity: 770
Merit: 500
July 14, 2016, 10:45:28 AM
Bitcoin is digital money. You can use it for many good things. Donate for charity institutions, can do online payments and online purchases. Few stores accept bitcoin, in future we can see more.
yeah, donating is really easy with bitcoins in my opinion, i think that also you can buy other people some shoppings with bitcoins in this way you will make something good
legendary
Activity: 3374
Merit: 1824
July 14, 2016, 10:34:16 AM
We can use Bitcoin for both, good or evil.
But, we can't say that Bitcoin itself is good or bad because some people will use Bitcoin for good purpose and some for bad purpose.
People can be good or bad, not bitcoin.
It's important to understand it.
We know that, for example, criminals use guns in order to do something evil bit also cops and military use guns in order to protect their country and save people's life.
We can't change Bitcoin but should try to educate and change people.
legendary
Activity: 2492
Merit: 1001
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July 14, 2016, 10:27:02 AM
I do not use bitcoin for anyting bad. I use it to buy computers and graphics cards to do some mining.
I also do not use Bitcoin for anything bad, I am here to buy Bitcoin when the price is low and sell them when the price is high.
There is nothing bad about that, I do not that some people use it for negative things but that is there problem.
Well, just like me. I do not use bitcoin for something evil. Well I am pretty sure quite a lot of people who take advantage of the bitcoin to use it in a bad way. but I only use it for business purposes. I guess it's better to use bitcoin for anything better than to something bad because I believe it could make you feel better
full member
Activity: 196
Merit: 100
July 14, 2016, 10:26:36 AM
Bitcoin is much more use for good thing than use it for illegal me my self love bitcoin for many ways for easy send and receiving money and used it for online stores  . And I don't want it to use for bad things likes cheating scamming other money or used it on illegal .

It is indeed true, I see all the people that are in this forum definitely using bitcoin with a good way. but there are some people there also are doing is illegal and detrimental to others (cheating). This is a reasonable thing done by everyone. I'm sure the future of bitcoin will getting better and we will benefit greatly
hero member
Activity: 490
Merit: 520
July 14, 2016, 10:25:20 AM
I do not use bitcoin for anyting bad. I use it to buy computers and graphics cards to do some mining.
I also do not use Bitcoin for anything bad, I am here to buy Bitcoin when the price is low and sell them when the price is high.
There is nothing bad about that, I do not that some people use it for negative things but that is there problem.
The amount of people who use Bitcoin for bad, at this point, are probably a very small minority and the others have more than likely already moved on to other forms of payment, such as other altcoins or maybe even back to conventional systems such as cash or hidden/shadow bank accounts. I personally have no idea what they do.
sr. member
Activity: 406
Merit: 250
July 14, 2016, 10:20:20 AM
I do not use bitcoin for anyting bad. I use it to buy computers and graphics cards to do some mining.
I also do not use Bitcoin for anything bad, I am here to buy Bitcoin when the price is low and sell them when the price is high.
There is nothing bad about that, I do not that some people use it for negative things but that is there problem.
sr. member
Activity: 336
Merit: 250
July 09, 2016, 09:17:54 AM
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.

Just like fiat currency it can be used for good or it can be used illegally depending on the motive of the user. Bitcoin has done many good things to me I have earned sufficient  satoshi and it helped me to earn from sites but it also have done bad things such as being a victim to a scammer. Bitcoins is both good and evil he should be both good and bad
full member
Activity: 196
Merit: 100
July 09, 2016, 04:07:41 AM
Bitcoin is a very good tool. And how they will use,
It depends only on the people themselves. It's sort of a knife, a hammer and nuclear energy.
Bitcoin is good, that will make people free from the tyranny of the modern banking system. Or Bitcoin is an evil that society will drown in a quagmire of corruption and lawlessness.
TGD
hero member
Activity: 1288
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July 09, 2016, 03:08:51 AM
Bitcoin is much more use for good thing than use it for illegal me my self love bitcoin for many ways for easy send and receiving money and used it for online stores  . And I don't want it to use for bad things likes cheating scamming other money or used it on illegal .
hero member
Activity: 994
Merit: 502
July 07, 2016, 12:02:24 PM
Bitcoin is digital money. You can use it for many good things. Donate for charity institutions, can do online payments and online purchases. Few stores accept bitcoin, in future we can see more.
legendary
Activity: 3052
Merit: 1281
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July 07, 2016, 11:24:20 AM
Well bitcoin has the same property as USD, so it can be used as currency.  We know as currency it can be use for good things.  You can use it to donate to charity institution.  Buy your kid with toys that they wish.  Buy yourself some food supplement from online store that accept Bitcoin to maintain your good health.  So Bitcoin can function the same function as money in using for good.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
July 07, 2016, 11:19:16 AM
if bitcoin have been used to some illegal activities why not use it for good ? you can make a good thing with bitcoin you can share your knowledge about it and you can help someone to have an investment with this .
Some people are using it to bad things because you need to be anonymous if you want to commit a crime and bitcoin is made to be anonymous so the criminal prefer it to used in bad ways, however the question still lies ahead.

same as cash,cashes are basically anonymous it'll leave untraceable when you use it,and when people ask to the money,they money won't speak if you're the owner or ever used them,when bitcoin can be traced and the transaction history can't be deleted,it's just the media drives you into bad conclusion about bitcoin,just beware
full member
Activity: 196
Merit: 100
July 07, 2016, 11:08:54 AM
yes of course bitcoin can be use for good. i think you can give it to a charity center. you can finance a Non Profitable Organization using bitcoin.
sr. member
Activity: 1050
Merit: 252
July 07, 2016, 10:21:37 AM
Bitcoin  can be used for good and for bad, it's a currency, so anyway people using it as they want, you can donate to people with bitcoin or become a crimial...

We know it could be use for good because many have profited from it. How about the bad side. Payment for illegal drugs or illegal guns. Syndicates transacting using this method. It is easy and they wont trace it that easy also. I can send 1 BTC per transaction and it will cost a little, then I send more 1 BTC so that nobody will care so much.

lmao . and that is in the darkwebs black market , and because of that i guess bitcoin is banned from some other countries and also i guess bitcoin becomes more popular because of that illegal transactions they just made the bitcoin to appear bad for some people and country .

Well people that have nothing but news in television and radio to rely on will easily believe in this. That is why many rich man or with power wants control with the media and they can be controlled now just pay up.

yeah i think so , that even on media have a corruption maybe most of the journalist or a news station are getting paid just to not broadcast what will put the damage on the name and dignity of whoever powerful individual it is . and also most them are biased .
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
July 07, 2016, 09:37:17 AM
Bitcoin  can be used for good and for bad, it's a currency, so anyway people using it as they want, you can donate to people with bitcoin or become a crimial...

We know it could be use for good because many have profited from it. How about the bad side. Payment for illegal drugs or illegal guns. Syndicates transacting using this method. It is easy and they wont trace it that easy also. I can send 1 BTC per transaction and it will cost a little, then I send more 1 BTC so that nobody will care so much.

lmao . and that is in the darkwebs black market , and because of that i guess bitcoin is banned from some other countries and also i guess bitcoin becomes more popular because of that illegal transactions they just made the bitcoin to appear bad for some people and country .

Well people that have nothing but news in television and radio to rely on will easily believe in this. That is why many rich man or with power wants control with the media and they can be controlled now just pay up.
sr. member
Activity: 1050
Merit: 252
July 07, 2016, 09:24:49 AM
Bitcoin  can be used for good and for bad, it's a currency, so anyway people using it as they want, you can donate to people with bitcoin or become a crimial...

We know it could be use for good because many have profited from it. How about the bad side. Payment for illegal drugs or illegal guns. Syndicates transacting using this method. It is easy and they wont trace it that easy also. I can send 1 BTC per transaction and it will cost a little, then I send more 1 BTC so that nobody will care so much.

lmao . and that is in the darkwebs black market , and because of that i guess bitcoin is banned from some other countries and also i guess bitcoin becomes more popular because of that illegal transactions they just made the bitcoin to appear bad for some people and country .
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
July 07, 2016, 08:59:37 AM
Bitcoin have been used much for illegal activities in the past, now things have changed a lot. Now most using it for good such as a currency, investment as well a payment gateway.
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