Can Bitcoin be used for Good? - page 33.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: Cryptonitex on June 09, 2016, 10:01:21 PM

Quote from: Indrawan77 on June 09, 2016, 07:12:17 PM

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!

dearbesz

sr. member

Activity: 375

Merit: 250

yes it is,bitcoins can be use for good,...actually it helps a lot people who patronize btc many people in here through this
they save money because of bitcoins, and some are they can send money transfer instead of goind outside and go to
remittances but because of bitcoins through loptop and online no need to go outside and commute so its totally good

daringdiscovered

hero member

Activity: 700

Merit: 500

Quote from: fayness on June 10, 2016, 10:59:29 PM

its depends with the people used it, but i used my bitcoin for good,like buying snack's and cloth's. and bitcoin really help me to saving money

I agree, bitcoin is also a money where you can buy what you want. If someone use it at illegal things like buying drugs then it is bad but if your using it in a good way then you don't have to matter everytime you use it to buy something.

Luqman

sr. member

Activity: 826

Merit: 263

Absolutely yes, there are some merchant selling their product with bitcoin as the payment.

fayness

newbie

Activity: 7

Merit: 0

its depends with the people used it, but i used my bitcoin for good,like buying snack's and cloth's. and bitcoin really help me to saving money

Nouelle-Hunter

member

Activity: 70

Merit: 10

★YoBit.Net★ 350+ Coins Exchange & Dice

Yes ofcourse.Bitcoin is not built for bad things but some users use it to bad things thats why bitcoin image has been bad from other people and critics.But bitcoin is build for good not for bad it just depends on the person on who is using it,to use it for bad things or in good things

X-ray

hero member

Activity: 3094

Merit: 537

Leading Crypto Sports Betting & Casino Platform

Quote from: Cryptonitex on June 09, 2016, 10:01:21 PM

Quote from: Indrawan77 on June 09, 2016, 07:12:17 PM

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.

Cash or bitcoin has the same chance to be money laundering. Maybe for some people in government if they have a more knowledge about bitcoin, I certain there will be using bitcoin do money laundering.

Cryptonitex

full member

Activity: 210

Merit: 100

Quote from: Indrawan77 on June 09, 2016, 07:12:17 PM

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.

ning_chang

full member

Activity: 210

Merit: 100

Yes bitcoin can be used for good purposes like donating anonymously in a charity, Helping poor people by giving them a Stuffd that you were bought by bitcoins

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: alyssa85 on April 08, 2016, 08:21:28 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.

Bitcoin can be used for good, Many people using a bitcoin become a good deed. And bitcoin it's useful become a global currency . but some people have a negative statement if bitcoin only linked with negative activity. Even though they do not know about various usefulness of bitcoin and negative or positive activity is relied on the people of intention.

adibe

sr. member

Activity: 406

Merit: 250

Bitcoin is used for good for me. I always use it and i think bitcoin is good for all of us in this forum. I'm sue bitcoin can be popular as a digital currency.

lalala123456

newbie

Activity: 14

Merit: 0

Ofcourse they can be used for good. I wonder sometimes tho, if there is more people doing illegal transactions then legal transactions.

Indrawan77

hero member

Activity: 1274

Merit: 516

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

amine14madrid

full member

Activity: 126

Merit: 100

Of course that bitcoin can be used for good! There are a lot of nonprofit organisations that contribute to humanitarian causes.Since the begining, bitcoin was used for charitable campaigns and has served has a tool to help many organisations.

Mvaporis1961

sr. member

Activity: 364

Merit: 250

Yes bitcoin can be use for good things like using it to earn some money by doing some investment.

SimpleForum

newbie

Activity: 7

Merit: 0

Quote from: alyssa85 on April 08, 2016, 08:21:28 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.

yes bitcoin be use for good .it is digital currency can be use for online shopping.

KaliLinux

hero member

Activity: 1344

Merit: 565

Quote from: ardentvolcanoes on June 09, 2016, 12:33:24 PM

why not use it to do some good thing . we are not supposed to earn btc just to buy an illegal stuff from the dark surface of the web . we can use it in responsible way of spending . maybe it can help buy new house or a brand new car , pay for out school expenses or etc .

Yeah, It can be useful as a global currency as most of them have used in retails like shopping and paying bills.
As you asking for used for good if any of the vendor has provide some offers by using BTC then it will be good and benefit as well.

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

why not use it to do some good thing . we are not supposed to earn btc just to buy an illegal stuff from the dark surface of the web . we can use it in responsible way of spending . maybe it can help buy new house or a brand new car , pay for out school expenses or etc .

romero121

legendary

Activity: 3234

Merit: 1214

DGbet.fun - Crypto Sportsbook

A very few users prefer bitcoin for their illegal activities, and most users who are using for bad were early adopters. So now most users prefer it to be similar to a good investment or an earning.

erikalui

legendary

Activity: 2632

Merit: 1094

Bitcoin, just like any other currency, can be used for illegal purposes as well as legal. I have seen so many black marketers, fraudsters and scammers using bitcoins but I have also seen how bitcoins are used as donations on this forum and for websites to pay its members. Due to the anonymity, it's being misused and this needs to stop for the benefit of bitcoin users.

Topic: Can Bitcoin be used for Good? - page 33. (Read 38381 times)