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Topic: Can Bitcoin be used for Good? - page 6. (Read 38368 times)

full member
Activity: 155
Merit: 100
December 11, 2016, 10:30:03 AM
Can Bitcoin be used for good? Yes,of course. It depends on us how can we handle our bitcoin. We can also use the bitcoin in bad to earn more bitcoins. They used the bitcoin for their own welfare and they were not called the good bitcoiner and they were not good example for us as a new in bitcoin.
full member
Activity: 210
Merit: 100
December 11, 2016, 09:47:33 AM
I dont understand why people keep asking stupid questions like this all the time. Bitcoin can be traced and just like Fiat it can either be used for good or bad cause

It's harder to track Bitcoin than it is to track Fiat (except if your government asks the ISP for each citizen's Internet history and see if you entered a Bitcoin Wallet on your computer), but it isn't impossible. It's not impossible to see whether someone has ever tried the Tor browser to access the Dark web either.
hero member
Activity: 700
Merit: 500
December 11, 2016, 05:20:59 AM
Most people use Bitcoin for good reasons. Whether it is to buy something online or payback a friend. But there are some idiots out there that use it for illegal activities like drug dealing. They are the people that ruin Bitcoin's reputation.

That is why some people thinks that we earn an illegal currency. Because of those people we are judged as one. They don't know many things about bitcoin. How good it is as a currency. They look first at the bad side of it rather than finding what it is really the benefits of having bitcoin.
legendary
Activity: 2688
Merit: 1026
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December 11, 2016, 04:59:52 AM
I dont understand why people keep asking stupid questions like this all the time. Bitcoin can be traced and just like Fiat it can either be used for good or bad cause
hero member
Activity: 700
Merit: 500
December 11, 2016, 03:19:08 AM
Most people use Bitcoin for good reasons. Whether it is to buy something online or payback a friend. But there are some idiots out there that use it for illegal activities like drug dealing. They are the people that ruin Bitcoin's reputation.
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
December 10, 2016, 09:39:36 PM
Bitcoins can be used for good especially when people who are GOOD use it. Well, we know that there are a lot of bad people that use Bitcoin for illegal transactions whether it's for drugs, ammunitions, firearms, etc. I guess we just have to put good faith to the people who's intentions are for the GOOD. I hope Bitcoin would be used for financial transactions, it would really benefit the payor and the payee without the help of a third party, so the transaction fees are less. As for the researcher, Rachel O'Dwyer, Money Talks. This is the new money of this era. The blockchain technology still has lots of potentials.
All the legal activities for which we are using bitcoin are good deeds. Like if you are using bitcoin for shopping for your children, if you are using it for fulfill your other daily needs then these are good deeds for which you are using bitcoins. In general bitcoin is here to serve us to have a good life. So basically we are using it for having good things.
That is also a good deed that someone is using bitcoin for his earning because he will get enough money for his living and will not do any illegal activity to earn money so the society will be safe from appearing criminals and crimes.

Most of the users who have been thriving hard to earn bitcoin for their daily needs will surely won't think of using bitcoin for illegal purposes. At the same time, when the earning doesn't fulfil their needs they move on focusing on additional earning. This at times takes them towards using bitcoin for illegal needs.
hero member
Activity: 644
Merit: 500
December 10, 2016, 03:23:36 PM
Bitcoins can be used for good especially when people who are GOOD use it. Well, we know that there are a lot of bad people that use Bitcoin for illegal transactions whether it's for drugs, ammunitions, firearms, etc. I guess we just have to put good faith to the people who's intentions are for the GOOD. I hope Bitcoin would be used for financial transactions, it would really benefit the payor and the payee without the help of a third party, so the transaction fees are less. As for the researcher, Rachel O'Dwyer, Money Talks. This is the new money of this era. The blockchain technology still has lots of potentials.
All the legal activities for which we are using bitcoin are good deeds. Like if you are using bitcoin for shopping for your children, if you are using it for fulfill your other daily needs then these are good deeds for which you are using bitcoins. In general bitcoin is here to serve us to have a good life. So basically we are using it for having good things.
That is also a good deed that someone is using bitcoin for his earning because he will get enough money for his living and will not do any illegal activity to earn money so the society will be safe from appearing criminals and crimes.
legendary
Activity: 1232
Merit: 1091
December 10, 2016, 03:05:15 PM
Surely, I can't see why not. Bitcoin can be used for making good things, just like when you try to do good things using the fiat money.

I think bitcoin can be used for bad things as for good things. With bitcoin there is no government control and nobody see some big money transactions if it provided in bitcoins. So even terrorists can use bitcoin for their things. But I hope bitcoin is used only for good.

Government or not, no one can stop people with bad intentions to use fiat or Bitcoin, or whatever other valuable tool to purchase something that is against the law, or to finance terrorism for example. Other than that, the blockchain is open and transparent. In that matter high value transactions can be seen easily, but you can't see who or what is behind these transactions unless they send them from an exchange.
hero member
Activity: 672
Merit: 500
December 10, 2016, 03:04:30 PM
Surely, I can't see why not. Bitcoin can be used for making good things, just like when you try to do good things using the fiat money.

I think bitcoin can be used for bad things as for good things. With bitcoin there is no government control and nobody see some big money transactions if it provided in bitcoins. So even terrorists can use bitcoin for their things. But I hope bitcoin is used only for good.
But it is mostly used for good and the illegal activities are now going to be reduced because the wallet providers and exchanges now ask for identification verification and if someone provide that documents for identification then they will not try to use their money for illegal act.
hero member
Activity: 1078
Merit: 514
December 10, 2016, 02:54:08 PM
Surely, I can't see why not. Bitcoin can be used for making good things, just like when you try to do good things using the fiat money.

I think bitcoin can be used for bad things as for good things. With bitcoin there is no government control and nobody see some big money transactions if it provided in bitcoins. So even terrorists can use bitcoin for their things. But I hope bitcoin is used only for good.
hero member
Activity: 720
Merit: 500
December 10, 2016, 02:13:45 PM
Obviously, it is being used for good purposes it depends on you how you use the Bitcoins it depends upon you whether you use it for good purpose or bad. I use bitcoin for some good purposes such as donating some money to charity, Hospital etc.
legendary
Activity: 3248
Merit: 1402
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December 10, 2016, 02:02:31 PM
Bitcoins can be used for good especially when people who are GOOD use it. Well, we know that there are a lot of bad people that use Bitcoin for illegal transactions whether it's for drugs, ammunitions, firearms, etc. I guess we just have to put good faith to the people who's intentions are for the GOOD. I hope Bitcoin would be used for financial transactions, it would really benefit the payor and the payee without the help of a third party, so the transaction fees are less. As for the researcher, Rachel O'Dwyer, Money Talks. This is the new money of this era. The blockchain technology still has lots of potentials.
All the legal activities for which we are using bitcoin are good deeds. Like if you are using bitcoin for shopping for your children, if you are using it for fulfill your other daily needs then these are good deeds for which you are using bitcoins. In general bitcoin is here to serve us to have a good life. So basically we are using it for having good things.
If you buy alcohol using bitcoin I am not sure whether it is something good you do. And porn is here as well. I think really good things are charity funds for hospitals, orphanages and all the stuff like this. And bitcoin can be used for such purposes as well.
jr. member
Activity: 59
Merit: 10
December 08, 2016, 12:14:16 AM
It can be used for good but its depending on how the future will walk for the bitcoin and if it will stay growing like this.
newbie
Activity: 26
Merit: 0
December 07, 2016, 08:59:37 AM
Bitcoins can be used for good especially when people who are GOOD use it. Well, we know that there are a lot of bad people that use Bitcoin for illegal transactions whether it's for drugs, ammunitions, firearms, etc. I guess we just have to put good faith to the people who's intentions are for the GOOD. I hope Bitcoin would be used for financial transactions, it would really benefit the payor and the payee without the help of a third party, so the transaction fees are less. As for the researcher, Rachel O'Dwyer, Money Talks. This is the new money of this era. The blockchain technology still has lots of potentials.
All the legal activities for which we are using bitcoin are good deeds. Like if you are using bitcoin for shopping for your children, if you are using it for fulfill your other daily needs then these are good deeds for which you are using bitcoins. In general bitcoin is here to serve us to have a good life. So basically we are using it for having good things.
As transaction are open corruption can avoided.money theft can be avoided .
hero member
Activity: 1414
Merit: 505
Backed.Finance
December 07, 2016, 08:27:38 AM
Bitcoin can be used for good or bad just like any other currency including the US dollar. Any currency can and has been used for bad things. That is no reason to single out bitcoin when people use it for bad things.

That correct, that means it depends on the holder or owner where he is going to spend his bitcoin. Definitely, a bitcoin can be used for good and that is, it can have a huge impact for the betterment of the world.It gives opportunity to budding entrepreneurs, businessmen,housewife etc or almost all walks of life. Since you can setup your virtual office,virtual store and being paid virtually Smiley
sr. member
Activity: 1190
Merit: 256
December 07, 2016, 07:32:49 AM
Bitcoin had come a long way, it's of very good and can be used to make purchases online
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
December 07, 2016, 07:13:11 AM
We can't say that wether we can use it for perfectly good or not .
Because I made earning of Bitcoin that means money , which is good , but I am seeing mostly there are number of gambling likes things without age restriction in Bitcoin , So Bitcoin needs some rules to give for a site to provide their service with age restrictions  . All over it is good to use and trusted thing in cryptocurrency world .
member
Activity: 63
Merit: 10
December 07, 2016, 06:31:25 AM
Surely, I can't see why not. Bitcoin can be used for making good things, just like when you try to do good things using the fiat money.
hero member
Activity: 1092
Merit: 523
December 07, 2016, 06:20:26 AM
Bitcoins can be used for good especially when people who are GOOD use it. Well, we know that there are a lot of bad people that use Bitcoin for illegal transactions whether it's for drugs, ammunitions, firearms, etc. I guess we just have to put good faith to the people who's intentions are for the GOOD. I hope Bitcoin would be used for financial transactions, it would really benefit the payor and the payee without the help of a third party, so the transaction fees are less. As for the researcher, Rachel O'Dwyer, Money Talks. This is the new money of this era. The blockchain technology still has lots of potentials.
All the legal activities for which we are using bitcoin are good deeds. Like if you are using bitcoin for shopping for your children, if you are using it for fulfill your other daily needs then these are good deeds for which you are using bitcoins. In general bitcoin is here to serve us to have a good life. So basically we are using it for having good things.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
December 07, 2016, 06:09:57 AM
Bitcoin are one of the currency which used for good things such as an online shopping we buy cloths. And others these currency are used for mobile load.
Of course, it is one of the benefits of the bitcoin transactions with bitcoin very quickly with low cost. In addition the existence of bitcoin makes us easier to do all the things about online shopping. The investment is one of the best options in addition to the transactions.

Yes and you can buy almost everything while you are at your house facing your computer and while doing other stuffs. That's why it can be used for good when using bitcoin over in the internet and there's a lot of benefits you can get while using bitcoins and it helps you to make your job easy somehow.
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