Why I'm boycotting bitcoins. - page 5.

haploid23

legendary

Activity: 812

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Quote from: lm2f on November 18, 2013, 01:44:17 PM

It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.

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.

My goodness, you're dumber than a turd. EVERY point you make is flat out wrong. I'm actually surprised you even know how to type.

og kush420

full member

Activity: 1050

Merit: 110

bitcoin is a step in the right direction. its not the end of the line though. there will always be improvements. and while white men may be over represented, at least its YOUNG open minded and educated people who are gaining power and welath, not old, status quo elitists for the most part. i should add, its not inherent in bitcoin that it will be focused toward men more then women. it is gender roles in society that is responsible for this.

if i had to choose bitcoins user population to be the elite class, i would do it in a second. bitcoin users are the best of the population. and yes, a lot are libertarian. as are a lot of innovators these days. libertarian today in america just means someone who is sick of the current political system. at least to me. i dont think the average libertarian wants corporations to control the world.

KonstantinosM

hero member

Activity: 1492

Merit: 763

Life is a taxable event

Bitcoin is one of the greatest things that ever happened. It leveled the financial plane so that all of us can be free from the mess of the previous system if we chose to use it.

The community is here with the common purpose to promote it, discuss it and build on top of it. If I where you, I'd educate myself first, delete my account and then create another one to have a fresh start in this great part of history.

If you are closed minded and ignorant enough of reality as well as naive enough to believe the fiat of your government and the bankers have your best interest in mind you should stay out of the crypto scene.

Since-fuckyou-rely
the bitcoin community

Mondy

member

Activity: 112

Merit: 10

Eventually you will give in to btc!

gjbronco

newbie

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Merit: 0

Quote from: noob2001 on November 18, 2013, 04:15:25 PM

bitcoin will benefit the poor more than rich.

simply because bitcoin cannot be devalued, unlike national currencies......

poor people always suffer the most during inflation

Inflation is a wealth transfer from the people to wall street to the central banks.

TR4L

member

Activity: 78

Merit: 10

Quote from: lm2f on November 18, 2013, 01:52:27 PM

Quote from: exstasie on November 18, 2013, 01:47:20 PM

Quote from: lm2f on November 18, 2013, 01:44:17 PM

It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.

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.

Yes, because China, who is currently moving most of the money, are all middle class or higher white males and fit your general stereotype perfectly Roll Eyes

This comment doesn't even deserve a proper response.

White people are 8% of the world population. White males are about half of that. So either prove less than 4% of bitcoin users are white males or admit you're full of BS.

You're racist! You're boycotting it because white people use it? RACIST! Go away.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: pening on November 18, 2013, 05:50:48 PM

Quote from: BittBurger on November 18, 2013, 02:02:07 PM

Poor people in africa with smart phones are already conducting electronic transfer of funds to eachother, either with bitcoin or local currencies just like it.

Do some research.

Bitcoin is the Great Equalizer.

The very opposite of what you have presented. The 6.5 billion other people with no access to bank accounts will, for the first time, be able to hold and transfer money.

The OP is right, apart from the sniping at stereotypes. I'm surprised and slightly frustrated by the response because it really only reinforces the secondary point that its a toy for nerds.

Take this response above: the guy in Africa with a smart phone, power to charge it and a SIM is relatively wealthy to those around him and many others without the smart phone. Most of 6.5 billion people do have access to a bank account if only they had the cash and a completed bank application. To acquire a bitcoin they need the cash to buy equipment to access the bitcoin system. there's a barrier to entry either way, only a technological barrier, rather than an administrative one.

You want to address this problem, you have to recognise it, and help make the equipment available - thats the difference that the bitcoin can have. I'm surprised people dont see this and don't understand this, responding with hostility, or is it denial? Huh

the scammers from nigeria and ghana can manage to access the internet to rob people and trick them into transferring money for many years now
if they can do that they could also contact a bitcoin exchange and arrange to buy a few coins

im sure banking regulations in africa are not too strict either so anyone with some money could invest in btc

marcotheminer

legendary

Activity: 2072

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┴puoʎǝq ʞool┴

Everyone picks up bitcoin easily!

Sage

hero member

Activity: 632

Merit: 500

Quote from: lm2f on November 18, 2013, 01:44:17 PM

It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.

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.

May as well boycott the tide my friend. See how that goes for you.

pening

sr. member

Activity: 245

Merit: 250

Quote from: BittBurger on November 18, 2013, 02:02:07 PM

Poor people in africa with smart phones are already conducting electronic transfer of funds to eachother, either with bitcoin or local currencies just like it.

Do some research.

Bitcoin is the Great Equalizer.

The very opposite of what you have presented. The 6.5 billion other people with no access to bank accounts will, for the first time, be able to hold and transfer money.

The OP is right, apart from the sniping at stereotypes. I'm surprised and slightly frustrated by the response because it really only reinforces the secondary point that its a toy for nerds.

Take this response above: the guy in Africa with a smart phone, power to charge it and a SIM is relatively wealthy to those around him and many others without the smart phone. Most of 6.5 billion people do have access to a bank account if only they had the cash and a completed bank application. To acquire a bitcoin they need the cash to buy equipment to access the bitcoin system. there's a barrier to entry either way, only a technological barrier, rather than an administrative one.

You want to address this problem, you have to recognise it, and help make the equipment available - thats the difference that the bitcoin can have. I'm surprised people dont see this and don't understand this, responding with hostility, or is it denial? Huh

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: drrussellshane on November 18, 2013, 05:42:15 PM

Quote from: beetcoin on November 18, 2013, 05:09:15 PM

Quote from: lm2f on November 18, 2013, 01:44:17 PM

It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.

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.

i'm pretty sure, knowing what you know now, you would have bought bitcoin 3 weeks ago when it was $110.

Sure he would have bought.

And then sold and used his profits to help homosexual low class black women with little access to technology.

Right, OP?

first off, i'd like to say that i do believe in bitcoins... but it's still a very high risk asset to hold. with that said, i think there are always a few guys like these in a crowd. he made this post, and if BTC goes down the drain he'll refer back to it and tell everyone "i TOLD you guys BTC was bullshit," feeling mighty and presciently all-knowing. if BTC goes to the moon, establishes a base, and then flies off to mars... then he'll keep his mouth shut (years down the road). it's a win/win scenario.

drrussellshane

hero member

Activity: 546

Merit: 500

Quote from: beetcoin on November 18, 2013, 05:09:15 PM

Quote from: lm2f on November 18, 2013, 01:44:17 PM

It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.

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.

i'm pretty sure, knowing what you know now, you would have bought bitcoin 3 weeks ago when it was $110.

Sure he would have bought.

And then sold and used his profits to help homosexual low class black women with little access to technology.

Right, OP?

noob2001

jr. member

Activity: 51

Merit: 502

bitcoin will benefit the poor more than rich.

simply because bitcoin cannot be devalued, unlike national currencies......

poor people always suffer the most during inflation

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: lm2f on November 18, 2013, 01:44:17 PM

It's inherently classist. Only those with access to moderately high levels of technology can spend or receive it. Only those with access to exceedingly high levels of technology can "mine" it. Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users. Bitcoin only serves to uphold the current kyriarchal socioeconomic structures by making sure the privileged become more privileged.

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.

i'm pretty sure, knowing what you know now, you would have bought bitcoin 3 weeks ago when it was $110.

cdog

hero member

Activity: 1036

Merit: 500

This just in: Bitcoin is biased against stupid people!

Next up: water is wet, fire hot

Digicoiner

sr. member

Activity: 310

Merit: 250

In Crypto I trust.

Maybe the white male developers couldn't get jobs in big corporations so they had to be innovative.

Bitcoin and other digital currencies are meant to be for everyone and will probably help many in developing countries without bank accounts. Do some research. It's never too late to be involved.

Akka

legendary

Activity: 1232

Merit: 1001

Well, let him boycott it.

Bitcoin is completely voluntary. In contrast to FIAT Currencies nobody forces you to use Bitcoin and hopefully no one ever will.

AndrewWilliams

full member

Activity: 182

Merit: 100

Fourth richest fictional character

Somewhere, a village is missing their idiot. Cheesy

501

newbie

Activity: 28

Merit: 0

I am boycotting toilet paper. Toilet paper is inherently classist, as you must already have money in order to purchase toilet paper, and people without money cannot obtain toilet paper. I will not be using toilet paper anymore. Next year I also hope to boycott toilets themselves (because you need to already have money to pay to have toilets installed in your house) and just start using holes in my backyard instead.

Mike Christ

legendary

Activity: 1078

Merit: 1003

Why are you boycotting Bitcoin then? Why don't you boycott the people who impede and control trade who prevent these technologies from getting to people who don't have them? Why do you insist we all go backwards instead?

You're silly and your argument is misdirected. I'd tell you to go back to grade school, but that's likely the reason you think the way you do now.

Topic: Why I'm boycotting bitcoins. - page 5. (Read 16441 times)