Can Bitcoin be used for Good? - page 38.

bL4nkcode

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Quote from: barbara44 on April 15, 2016, 02:56:20 AM

Bitcoins in general can be used in both good and bad ways. It is really up to the owner or holder of bitcoins to do whatever he wants. Bitcoin is freedom itself. Although of course, by normal means it is always recommended that we use bitcoins for good.

Very true dude. Bitcoin is freedom and it depends on someone who use it if he or she will use it in good ways like donating something to charity or in bad ways buying some illegal drugs in dark web.

JeanMcCoy

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Bitcoin is getting more used and that is quite nice for the currency it self, but the bad thing of Bitcoin is that the value is impossible to predict so you never know what will happen.
And the good thing is that Bitcoin is getting now more acceptable at different places so that is nice.

barbara44

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Bitcoins in general can be used in both good and bad ways. It is really up to the owner or holder of bitcoins to do whatever he wants. Bitcoin is freedom itself. Although of course, by normal means it is always recommended that we use bitcoins for good.

acroman08

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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.

why ask question when you already gave the answer? its too obvious that bitcoin can be use to do good, bitcoin is also a money which is used as a internet currency and can be exchange into fiat money.

beduku22

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Quote from: Wendigo on April 14, 2016, 12:29:34 AM

I remember reading about a Bitcoin fund-raising campaign to save the last endangered rhinoceros in Africa. I think this article covers the right story: http://www.coindesk.com/bitcoin-helps-anti-poaching-teams-new-charity-campaign/ I think there were just 3 or 4 rhinos left and they were trying to save them and hopefully make them breed. I checked the wildlife organization website and they no longer accept Bitcoin looks like it was just a joint venture with a Bitcoin payment processor for a while.

not, both the article linked and the OP made a blanket assertion that Bitcoin is, at present, only used for bad things. And I disagree with your assessment that majority opinion matters. That means that if more than half of a population in a given jurisdiction decide that some activity of yours is "bad", then they will force you to stop under threat of official violence.

arwin100

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Quote from: Wendigo on April 14, 2016, 12:29:34 AM

I remember reading about a Bitcoin fund-raising campaign to save the last endangered rhinoceros in Africa. I think this article covers the right story: http://www.coindesk.com/bitcoin-helps-anti-poaching-teams-new-charity-campaign/ I think there were just 3 or 4 rhinos left and they were trying to save them and hopefully make them breed. I checked the wildlife organization website and they no longer accept Bitcoin looks like it was just a joint venture with a Bitcoin payment processor for a while.

Yes i read that also but i think thats doge correct me if im wrong, but bitcoin can be use for good because its still a currency many online charity programs that accepy bitcoin as donation and they do charity works to those helpess people. And i salute to those people who do charity works in africa and thats a good step bitcoin is easy to be transfer to charity institution.

Wendigo

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I remember reading about a Bitcoin fund-raising campaign to save the last endangered rhinoceros in Africa. I think this article covers the right story: http://www.coindesk.com/bitcoin-helps-anti-poaching-teams-new-charity-campaign/ I think there were just 3 or 4 rhinos left and they were trying to save them and hopefully make them breed. I checked the wildlife organization website and they no longer accept Bitcoin looks like it was just a joint venture with a Bitcoin payment processor for a while.

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Quote from: Metadextrous on April 13, 2016, 10:29:20 PM

Quote from: BayAreaCoins on April 13, 2016, 09:54:39 PM

Quote from: The_prodigy on April 13, 2016, 09:53:57 PM

Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.

Guns and drugs are great... who are you kidding! Tongue

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Metadextrous

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Quote from: BayAreaCoins on April 13, 2016, 09:54:39 PM

Quote from: The_prodigy on April 13, 2016, 09:53:57 PM

Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.

Guns and drugs are great... who are you kidding! Tongue

says someone with a dank weed shop in their signature Roll Eyes

alisafidel58

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Quote from: The_prodigy on April 13, 2016, 09:53:57 PM

Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.

Some people are gaining money from selling guns and drugs and its good for them,bitcoin has many good uses for giving help to organization that is helping others who are in need.

BayAreaCoins

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Quote from: The_prodigy on April 13, 2016, 09:53:57 PM

Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.

Guns and drugs are great... who are you kidding! Tongue

The_prodigy

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Yes definitely ..it depends on the holder of bitcoins how he will use it for good or bad ,buy things that are good or giving a gift to others , buying guns drugs, is not good at all.

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Quote from: Yakamoto on April 11, 2016, 09:52:22 PM

Quote from: ronaldinho_07 on April 11, 2016, 07:43:10 PM

Besides those companies that help others you can donate bitcoin direct to some of them i remember to had read something about it,i dont know if they really use the bitcoins to help,would be great if doctors without borders would accept bitcoin as donations.

There was an article I remember reading about how there was an organization that aimed to stop poachers and save elephants that made enough money from accepting Bitcoin donations it was able to keep up it's operations.

It was kind of a cool thing to read, but that was a while go.

I also hear about someone aimed to stop poachers and save elephants that made enough money from accepting Bitcoin as a payment, and things like this should be promoted and told about more often.

BayAreaCoins

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Quote from: Blackmet on April 13, 2016, 07:46:54 PM

Quote from: ronaldinho_07 on April 13, 2016, 01:34:19 PM

The thing is how we can be sure those organizations will use the bitcoins to fund their social projects,nowadays there are several bad people under any companie.

I know one organisation that using bitcoin to get some money for making education in Africa. I don't remember name of this organisation but they are good guys.

There are really come good organisation that is helping other with the use of bitcoin because funds can be gather fast with taking it too long to get it.

Blackmet

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Quote from: ronaldinho_07 on April 13, 2016, 01:34:19 PM

The thing is how we can be sure those organizations will use the bitcoins to fund their social projects,nowadays there are several bad people under any companie.

I know one organisation that using bitcoin to get some money for making education in Africa. I don't remember name of this organisation but they are good guys.

ronaldinho_07

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The thing is how we can be sure those organizations will use the bitcoins to fund their social projects,nowadays there are several bad people under any companie.

RealBitcoin

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Of course:

http://bitgivefoundation.org/

https://www.reddit.com/r/BitcoinCharity/

http://bitcoinforcharity.com/

http://bitcoinsforcharity.org/

It only depends on the person, bitcoin is neutral, you use it for whatever you want!

martinacar

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Quote from: ultimatesky on April 13, 2016, 02:31:26 AM

Yeah of course most people who use Bitcoin just use it in a good way. But there are some people that make use of Bitcoin in a negative way but it will be hard to stop these people.

It could indeed be good but in fact the bitcoin is now just too small to predict this if I''m honest I do not see this happen very soon.
Maybe if the bitcoin is growing a lot more, it can be for good.

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Quote from: alisafidel58 on April 12, 2016, 11:16:21 PM

Quote from: lumeire on April 12, 2016, 09:55:14 PM

Quote from: Corenin on April 12, 2016, 04:06:51 PM

As every coin has two sides, we will find two kinds of people one who will use it for good and the other who will use it for bad, it depends on individual how it uses it.

Same goes with fiat, people say money is evil but in fact people are evil and they simply use the money for their gains.

Yes most people are really evil and they are the one whos making the money look evil,bitcoin has many good uses more than its uses to evil doings.

the people who believes bitcoin and get use of bitcoin wont suggest it as evil, as you have suggested bitcoin is more valued only for good things than for evil things.

Topic: Can Bitcoin be used for Good? - page 38. (Read 38387 times)