Hacking...Good or Bad?

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Yes guys, What do you think about Hacking, is it good or bad? let me know some advantages and disadvantages of hacking according to your point of view...According to me I do not agree with many people who say hacking is bad...we can take a simple example of a knife, with it you can cut both, a carrot or your finger, it usually depends upon us that how do we use anything...What do you say?