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Topic: Why I'm boycotting bitcoins. - page 6. (Read 16441 times)

hero member
Activity: 528
Merit: 527
November 18, 2013, 03:20:25 PM
#36
Be sure to get rid of your computer. I am sure that us white rascist people helped develop that too!

Save some money and buy some bitcoins. It isn't to late yet.

I know a young homeless guy that collects cans and bottles. He bought 10 bitcoins about a year ago. Told me that he ate top ramen every night for months just so that he could buy them.

In 5 years, he will have a nice house and you will still be whining about white advantage.
newbie
Activity: 46
Merit: 0
November 18, 2013, 03:00:45 PM
#35
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.

So did you boycott cellphones when they first came out? Same reasoning could have been applied to them at the time.  A mobile phone required some serious tech when they first came out and were very expensive. I've sure I could find similar demographics with them too. Did they help the privileged be more efficient with their time and extend their privilege as a result? You bet.

Did cellphones not eventually become accessible to almost anyone?

I'm willing to bet you have a cellphone.
member
Activity: 110
Merit: 10
November 18, 2013, 02:40:41 PM
#34
somebody is butthurt because they didn't get any bitcoin and now they are over 600$ Grin
full member
Activity: 182
Merit: 100
Fourth richest fictional character
November 18, 2013, 02:39:28 PM
#33

Once you reach the top, there's nowhere left to run. Did you know that Uncle Scrooge had to guard his stash all day, every day? They had to put him on anti-psychotics for his paranoia before his untimely demise. True story Cheesy


Still guarding it, LOL!  Cheesy
hero member
Activity: 634
Merit: 500
November 18, 2013, 02:35:25 PM
#32
Heterosexual, middle class or higher white males are disproportionally represented in the demographics of bitcoin users.

Opinion invalidated.
full member
Activity: 182
Merit: 100
Fourth richest fictional character
November 18, 2013, 02:34:07 PM
#31

Insulting Obama, how predictable. Having a black president must make you right wing libertarian types so fearful. First you create bitcoins when Obama first got inaugurated in 2009, and then another rally happens this spring when he gets inaugurated again, and now yet another rally when obamacare gets passed.

You ever notice libtards are the most racist of them all?  Grin

Go back to watching CNN, everything is OK.
sr. member
Activity: 260
Merit: 250
November 18, 2013, 02:31:40 PM
#30
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.

What's your point?
full member
Activity: 168
Merit: 100
November 18, 2013, 02:28:50 PM
#29
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.

For emphasis.
legendary
Activity: 1232
Merit: 1001
November 18, 2013, 02:27:54 PM
#28
Sounds like you are the perfect candidate for the ObamaCoin  Roll Eyes


All you have to do is sit on you rear all day and collect CoinStamps so you can redeem them for ObamaCoins.

If you are a minority you get additional ObamaCoins!

Good luck!  Grin

Insulting Obama, how predictable. Having a black president must make you right wing libertarian types so fearful. First you create bitcoins when Obama first got inaugurated in 2009, and then another rally happens this spring when he gets inaugurated again, and now yet another rally when obamacare gets passed.

Wow, you nailed it! Don't worry we will stop Bitcoin as soon a the US and A have a white president again  Roll Eyes

Seriously. Do you even read the stuff you post?
hero member
Activity: 546
Merit: 500
November 18, 2013, 02:22:07 PM
#27
Sounds like you are the perfect candidate for the ObamaCoin  Roll Eyes


All you have to do is sit on you rear all day and collect CoinStamps so you can redeem them for ObamaCoins.

If you are a minority you get additional ObamaCoins!

Good luck!  Grin

Insulting Obama, how predictable. Having a black president must make you right wing libertarian types so fearful. First you create bitcoins when Obama first got inaugurated in 2009, and then another rally happens this spring when he gets inaugurated again, and now yet another rally when obamacare gets passed.

You mean half-black? Or biracial? Or mixed? Or mulatto?

Only a racist would refer to him as "black", amirite?
hero member
Activity: 546
Merit: 500
November 18, 2013, 02:20:47 PM
#26
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 thought your post was funny.

Especially how you called out straight people. Yep. Most bitcoiners are straight people because most people are straight people because Nature somehow doesn't think that it should be too easy for gay people to reproduce.

Now everyone knows you're gay, as well as a communist.


Good luck with your boycott!

{admit it - you just wanted to start a boycott because it has the word "boy" in it.  Grin}
legendary
Activity: 1722
Merit: 1004
November 18, 2013, 02:19:09 PM
#25

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.


Are you going to boycott everything that's disproportionately used by white males? Or are your knickers specifically in a twist about bitcoin for some reason?
sr. member
Activity: 342
Merit: 250
November 18, 2013, 02:16:25 PM
#24
It's inherently classist.

#Socialist

Why is it that the commies/socialists try to ruin everything good?

You don't have to be a socialist to worry about macroeconomics.

It seems more relevant to ask if it is possible to be a libertarian on behalf of others, not just yourself

Looking at society as a struggle between classes is the definition of socialism/communism. I don't care what your political ideology is, just don't taking my money and make me pay for those who are less fortunate than I am. People should not be forced to pay charity, it should be done voluntarily.

edit : typo
donator
Activity: 1218
Merit: 1079
Gerald Davis
November 18, 2013, 02:14:18 PM
#23
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.

This.

Another example is that remittance is generally done by the "unbanked" and poor.  More than $400B is remitted annually and companies like WU on average collect 10% off the top.  That is $40B in wealth transfer from primary poor third world families to rich first world shareholders. Think about that OP, $40B a year spent by the working poor to simply move money and you are boycotting Bitcoin?  

http://remittanceprices.worldbank.org/

Now Bitcoin will never be "fee free" (especially converting local currency to fiat) but imagine years from now a worker in the US uses a Bitcoin ATM to buy BTC for a 2% fee.  He then send then BTC to his family on the other side of the globe for a negligible cost (~$0.05 right per KB right now).  The family uses a local exchanger who converts the BTC to local currency for say another 2% fee.  USD cash to local cash around the world for a 4% in fees vs 10% round trip.  6% saved on $400B is $24B additional wealth kept by working families.  That is just one year.  In a lifetime we are talking about something on the order of $1T and that is just with a 6% savings Bitcoin in time will probably drive costs even lower.  What do you think the poor could do with another $1T collectively?
member
Activity: 82
Merit: 10
November 18, 2013, 02:12:30 PM
#22
Sounds like you are the perfect candidate for the ObamaCoin  Roll Eyes


All you have to do is sit on you rear all day and collect CoinStamps so you can redeem them for ObamaCoins.

If you are a minority you get additional ObamaCoins!

Good luck!  Grin

Insulting Obama, how predictable. Having a black president must make you right wing libertarian types so fearful. First you create bitcoins when Obama first got inaugurated in 2009, and then another rally happens this spring when he gets inaugurated again, and now yet another rally when obamacare gets passed.
full member
Activity: 238
Merit: 100
November 18, 2013, 02:10:20 PM
#21
It's inherently classist.

#Socialist

Why is it that the commies/socialists try to ruin everything good?

You don't have to be a socialist to worry about macroeconomics.

It seems more relevant to ask if it is possible to be a libertarian on behalf of others, not just yourself
hero member
Activity: 700
Merit: 500
What doesn't kill you only makes you sicker!
November 18, 2013, 02:07:50 PM
#20
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.

That's racist. The Chinese could be white, middle class males if they wanted to be.
sr. member
Activity: 342
Merit: 250
November 18, 2013, 02:07:29 PM
#19
It's inherently classist.

#Socialist

Why is it that the commies/socialists try to ruin everything good?
full member
Activity: 238
Merit: 100
November 18, 2013, 02:06:55 PM
#18
I can't disagree with you on that, but it was fiat that got us in this situation. Bitcoin may or may not improve the situation.
sr. member
Activity: 364
Merit: 250
November 18, 2013, 02:06:16 PM
#17
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.

What is your point? There's absolutely nothing stopping any other races from getting involved in bitcoin.

You sound like the guy always looking to blame someone else. Look! Bitcoin is owned by white people. Rich whitey always keeping us down!

Bitcoins makes sure the rich get richer and the poor stays poor. It's deflationary and rewards hoarders. Those who can afford to hoard them get richer and the poor stays poor.

I still fail to see your argument. Bitcoin is so far deflationary, so rich or poor everyone who bought in makes money. No bias, equal percentages across the board.

Now with the US dollar you can buy and manipulate the system if you have lots of money so inflation does not bother you. The poor people don't have this advantage, so in reality you should be more pissed about fiat USD being unfair to the poor.

Or you could quit complaining about being poor and do something about it, takes work though.
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