Post
Topic
Board Bitcoin Discussion
Re: Bitcoin: Society’s Curse or Boon?
by
Mometaskers
on 06/03/2017, 19:14:44 UTC
Every new technology can be used for both betterment of society or for the selfishness of some individuals. Printing press allowed for both the Bible and the Decameron to be mass-produced, for example. For me though, most of the benefits of bitcoins outweigh the few disadvantages. Most of the bad press it's getting is due to anonymity being exploited by ransomware, scammers and exchange hackers. I've seen instances where they manage to track them down so I believe it's possible to prevent these abuses while still maintaining what bitcoin was originally made for - financial independence.


Bitcoin, a virtual, decentralized currency, has recently been receiving a considerable amount of press coverage in international mass media.. Bitcoin is currently the most widely used alternative currency in the world, with its total value in circulation recently estimated to be worth over a billion dollars.Does bitcoin brings positive or negative effects to our society..... if so what are those curse or boob??


OK, the Boob typo makes this funny.  Grin Grin ....Yea you can pay for boobs with Bitcoin and that is one of the positive things about Bitcoin for some

people who are into that.  Wink Bitcoin gives you a bit of anonymity on the internet to not get ripped off on the internet.... some of these porn sites

misuse their sites to extort money from people using their services... and Bitcoin stops that, because these sites do not have your credit card

information.  Wink

It's a boon for boobs, surely!  Grin