Well, this was a stupid article.
Bitcoin isn't a representation of people in power, anyone has the ability to get in on it. Unless you're really going to become a sore-ass and say "Well poorer people can't buy as much Bitcoin as rich people", well no crap. Just like any other thing, richer people can buy more than poorer people. Anyone can buy Bitcoin. It's not limited to the top 20 government officials.
I don't want to go into details with the rest of the article, it was bad...
Topic: Bitcoin - good for who? (Read 1035 times)
there is one huge flaw that hasnt been mentioned yet: it should be 'whom', not 'who'...
...i think.
...i think.
Bitcoin is best for anyone operating globally (eighter invidual providing online services or global companies) because it was never easier to move money worldwide, cheaply and without restrictions.
Good for any forward thinking individual that is aware of the past and current financial climate.
It actually is still somewhat of an experiment as of now. Bitcoin has many useful properties, but I think only time will tell what its most useful aspects really are. I believe we may not even see them now or at least don't know which ones of those will be the most striking ones (maybe POS payments don't make sense!!)
Well, it is true that "first movers" have an edge when it comes to acquiring Bitcoin, IMHO. Honestly, I'm somewhat tech savy and only heard about and started getting some Bitcoin in early 2013, after the price was much much higher than those that got in on the ground level.
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Often when Bitcoin is written about we’re given the impression it’s ‘us’ – the general public – who have the ability to participate in the new digital public. But this vision of egalitarianism is far from the truth. With 95% of transactions being made by men – and we can assume, as I will go on to explain, fairly well-off men – Bitcoin is not a currency of ‘the people'. It’s a currency for those already most well represented in politics, business, and generally any position of power. If you are a woman, if you are not white, if you do not have significant wealth – you are probably not a player in the Bitcoin world.
From where they get the numbers about the transactions? And the profile of users? If wallets and forum accounts require no personal information.
And those well represented in politics and in power have way better way to gain money with the common monetary system, so they just ignore BTC or try to avoid its expansion. Bitcoin is for people that have less space in the commom markets, so middle class and below.
Also why should a technology be benefitial to EVERYONE since its inception? Rich have better acess to brand new medical stuff, so medicinal research is bad?
Also women are minority in the investing world anyway, and this will never change
It actually is still somewhat of an experiment as of now. Bitcoin has many useful properties, but I think only time will tell what its most useful aspects really are. I believe we may not even see them now or at least don't know which ones of those will be the most striking ones (maybe POS payments don't make sense!!)
What about the Chinese? Aren't there a lot of bitcoin users in China? This article seems to make a lot of assumptions.
who exactly thinks im a male?
my name could be francesca, who said i was white?
my name could be franzetta,
due to the geeky basement dweller lifestyle of some males. just the sight of a female causes many of these men to swarm around and harras girls purely because these guys finally have something in common that the guys can talk about and pretend to be smart and rich.
so most women do not give away the fact that they are female on forums and IRC chats.
and lastly who says that most bitcoiners are males in their 30's. most of the time im seeing posts made by people that sound like there 15yo's
short summary:
there are alot more women in bitcoin then the basement dwellers realise, but they simply will never get the chance to meet them
my name could be francesca, who said i was white?
my name could be franzetta,
due to the geeky basement dweller lifestyle of some males. just the sight of a female causes many of these men to swarm around and harras girls purely because these guys finally have something in common that the guys can talk about and pretend to be smart and rich.
so most women do not give away the fact that they are female on forums and IRC chats.
and lastly who says that most bitcoiners are males in their 30's. most of the time im seeing posts made by people that sound like there 15yo's
short summary:
there are alot more women in bitcoin then the basement dwellers realise, but they simply will never get the chance to meet them
Who has alot of bitcoin.
You can buy anything you want if you have alot.
I have no time to read the link. Sorry.
What the .... I don't even ... !!
Who has alot of bitcoin.
You can buy anything you want if you have alot.
I have no time to read the link. Sorry.
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Bitcoin is not a currency of ‘the people'. It’s a currency for those already most well represented in politics, business, and generally any position of power. If you are a woman, if you are not white, if you do not have significant wealth – you are probably not a player in the Bitcoin world.
I didn't see the "only white males allowed"-sign when I got into bitcoin, did you?
Is she pissed about the lack of pink ponies and flowers in the source code, or what's her problem exactly?
For early adopters. 
Laughable propaganda against bitcoin.
Misses the fact that in this system every participant has the same rights and have to agree on the same rules.
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We’re increasingly seeing Bitcoin subjected to an arms race for ownership, with stark hierarchies already emerging within the sector.
Misses the fact that in this system every participant has the same rights and have to agree on the same rules.
Bolded for truth. There are no artificial barriers to upward mobility in the bit coin world. If you have a good idea and the ability to sell it you can become one of the elite in the bit coin world.
Added color and increased font size for even more truth. Anyone, rich or poor, has the same rights and ability to convert some of their wealth to bitcoin. You may not be able to afford as much as someone else, but what you own is yours and no one can screw with it.
Laughable propaganda against bitcoin.
Misses the fact that in this system every participant has the same rights and have to agree on the same rules.
Quote
We’re increasingly seeing Bitcoin subjected to an arms race for ownership, with stark hierarchies already emerging within the sector.
Misses the fact that in this system every participant has the same rights and have to agree on the same rules.
Bolded for truth. There are no artificial barriers to upward mobility in the bit coin world. If you have a good idea and the ability to sell it you can become one of the elite in the bit coin world.
Laughable propaganda against bitcoin.
Misses the fact that in this system every participant has the same rights and have to agree on the same rules.
Quote
We’re increasingly seeing Bitcoin subjected to an arms race for ownership, with stark hierarchies already emerging within the sector.
Misses the fact that in this system every participant has the same rights and have to agree on the same rules.
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