And it's a terrible idea. You spend more on your parents' electricity bill and replacing burnt out GPUs that your parents buy for christmas and birthdays than you actually theoretically make.
Bitcoins are basically just this weird attempt by lolbertarian children to make their own currency and play stock market and dodge taxes.
Um, I'm not a libertarian. I'm actually a socialist anarchist at heart. I support Bitcoin in part precisely because it opens up an alternate form of currency and value in nations for which trust in the local currency is sketchy at best, in crippling hyperinflation at worst. Perhaps you're not aware of the fact that more people in Kenya have smartphones than they do running water. The internet itself began as a technology reserved for an entitled few, but has become *the* global form of communication, used by both rich and poor.
I sense a rather smug "better-than-thou" elitism in your own words, so I don't plan to waste a lot of time trying to get you to see Bitcoin from a different perspective. But I suspect that you would have written more or less the same words about the Internet in the mid 90s - on paper with pen - and hand delivered it to a local computer user group - of largely heterosexual white males.
China is rapidly becoming the dominant hub of Bitcoin activity. I don't think they would take too kindly to your claim that they are "white". In fact, they might consider you a bit of a racist.
But continue to boycott Bitcoins. It really doesn't matter to anyone but you. The world will continue to evolve technologically, but there will always be those who - for whatever reason - resist progress.
Also, boycott dollars. They only serve to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged. Maybe you can find someone who will accept payment in leaves or bark. Just don't oppress the trees in the process of collecting them.