Working in and around the construction trades for years I can tell you that this is common practice for electricians and carpenters. I have seen people in the construction trades close serious cuts with either electrical or duct tape and go back to work with out a second thought. I can't find anything about it on the subject right now but I have seen books that say that that duct and electrical tape have an antibacterial peoperties. I don't know if it's true or not but I have seen serious injuries healed without infection in a very dirty enviroment without any other treatment.
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Depend on yourself, help those who are not able, and teach those that are.