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Topic: Can Bitcoin be used for Good? - page 32. (Read 38381 times)

sr. member
Activity: 420
Merit: 250
July 07, 2016, 08:46:40 AM
yeah of course Bitcoin can be used for good not everybody that makes use of Bitcoin is a criminal. I am here making my money the legal way.
I buy when the price is low and I sell them when I can make a profit and the price is high that is how I make money.
sr. member
Activity: 322
Merit: 250
July 07, 2016, 12:41:24 AM
Yes bitcoin used for some good causes and I am using it for earning money and I donate 5% of my total incomes I got from online business to charities.....
hero member
Activity: 630
Merit: 500
June 27, 2016, 03:09:53 AM
Yes bitcoin can be used at good deeds , You can donate to a charity or institution anonymously . You can help Too in donating your bitcoin to someone who is broke
sr. member
Activity: 378
Merit: 250
June 27, 2016, 03:06:17 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.
I guess so. If you look at the history of DOGECOIN, they did many philanthropic deeds, I think Bitcoin can achieve more, but someone has to start this motion. Otherwise, I think BTC would just become the interest of people who know about it (us).
sr. member
Activity: 266
Merit: 250
June 27, 2016, 03:01:30 AM
Bitcoins can be used for any kind of activitie it can be used for good things such as buying stuff or food for your self or other ones. But there are also allot of illegal users of the bitcoins for sure. But they cant be traced so they keep doing it.
full member
Activity: 154
Merit: 100
June 27, 2016, 02:58:48 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.


If some people want to use a coin for bad things, they will use Monero, that is very anonymous. But There are not many usage of Monero. It means people use digital coin mainly for good things.
hero member
Activity: 1204
Merit: 505
June 24, 2016, 01:02:42 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.
hero member
Activity: 1092
Merit: 523
June 23, 2016, 03:02:50 PM
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...
It always depends upon oneself if the person prefer one thing different than another it is no issue by doing so.
But bitcoin itself always good, the very structure of bitcoin is to transact payment easily and fast, whether you pay for bills or send money to someone.
full member
Activity: 196
Merit: 100
June 23, 2016, 02:14:20 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 .
Yes! exactly!
Bitcoin is a means of payment currency. And it is neutral, and how to use each chooses himself.
As Bitcoin can be used as humanitarian aid to poor countries.
For example, some African countries, where there is no reliable financial system. Credit cards can sometimes just do not work, and their service is quite expensive. Most of the population does not have bank accounts and cards. So when they have a need for cash transfers, to help them to come more often services of cash transactions with their characteristic high commissions.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
June 23, 2016, 01:24:04 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 .
hero member
Activity: 714
Merit: 500
June 23, 2016, 12:55:29 AM
Yes bitcoin can be use for good for example. big tragedy happen to other country you can help easily using bitcoin you can send it directly the funds to the victim, without going through the hands of corrupt politicians.
legendary
Activity: 1946
Merit: 1137
June 23, 2016, 12:33:50 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.

any other currency like USD is being used for those illegal activities that you have mentioned in your comment. so that is no excuse to say bitcoin is being used for illegal things. this is just what the media is sometimes trying to say about bitcoin to ruin the image of bitcoin.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
June 23, 2016, 12:30:18 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.
sr. member
Activity: 588
Merit: 250
June 22, 2016, 01:41:53 PM
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...
sr. member
Activity: 364
Merit: 250
June 22, 2016, 01:28:10 PM
Absolutely yes, there are some merchant selling their product with bitcoin as the payment.

Indeed and the fact is also that its gaining users and getting globally knowing due to this its just a matter of time before it will be used for good.
sr. member
Activity: 406
Merit: 250
June 22, 2016, 10:12:14 AM
Of course the Bitcoin can used for good not everybody makes use of it in a bad way, of course you have some people that are using it in a bad way but that does not mean that everybody is doing it.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
June 22, 2016, 09:48:04 AM
Yes why not, some people already judge bitcoin as a bad cuurncy since there was rumor bitcoin is used for money laundry, it will be nice to hear some community raising fund using bitcoin to help people and it will bring positive  reputation for bitcoin
Cash is used for money laundering way more than BitCoin...
Just when it happens in BitCoin, the world goes crazy and jumps to conclusion.

It's the media that is always trying to make Bitcoin look bad. If a person gets extorted for a few Bitcoins, worth a few $K, then the media act like the whole world is about to collapse. If the same thing happens with fiat, then it doesn't even reach the media as they don't see it as being worthy to cover. It's crazy!
Nothing for now, for few days I see a lot of media give a good response for bitcoin because some legal institution or we called it bank is starting to adopt blockchain system.
sr. member
Activity: 420
Merit: 250
June 22, 2016, 09:36:43 AM
Yes I think that the bitcoin can be used for good but its also depending on the future and the popularity of itself.
It it will gain more popularity it will be for good without any doubts.
hero member
Activity: 924
Merit: 500
June 22, 2016, 09:32:16 AM
Big Yes!  we can use it for good.  though  some member there using it for bad or self interest. Smiley
full member
Activity: 224
Merit: 100
June 15, 2016, 02:42:13 PM
yes bitcoin can be use for good.  i think you should used them helping the poor people. you should also donate it for the needy poeple of the world.  you can also use it for so many good purposes.
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