Why I'm boycotting bitcoins. - page 7.

BittBurger

hero member

Activity: 924

Merit: 1001

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.

Absurd.

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.

foggyb

legendary

Activity: 1736

Merit: 1006

Quote from: lm2f on November 18, 2013, 01:59:19 PM

Quote from: pontiacg5 on November 18, 2013, 01:55:30 PM

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.

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.

Cry more. There's plenty of opportunity for poor people to make it in the world today. Bitcoin is no different from any other form of wealth.

AndrewWilliams

full member

Activity: 182

Merit: 100

Fourth richest fictional character

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

lm2f

member

Activity: 82

Merit: 10

Quote from: pontiacg5 on November 18, 2013, 01:55:30 PM

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.

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.

Akka

legendary

Activity: 1232

Merit: 1001

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.

http://kipochi.com/blog/kipochi-launches-first-bitcoin-wallet-in-africa-with-m-pesa-integration

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

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.

Mining is a 0 sum game, like every Marked that has no entry Barriers the provit that is makeable is minimal. This was different for a very short time due to new technologies, but nobody is getting rich from mining.

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

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.

Oh you actually came across the point that mining isn't worth it yourself!

Guess what it isn't about mining. Mining is just the security mechanism. It's about a free currency that doesn't cut out anyone, serves as storage of Value and is freely transact-able. That some guys make money is this process is just a side effect.

noob2001

jr. member

Activity: 51

Merit: 502

see you

pontiacg5

sr. member

Activity: 364

Merit: 250

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.

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!

Ecurb123

full member

Activity: 182

Merit: 100

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.

It's fine, unlike the legacy monetary system, you don't have to use it if you don't want to.

cfrm

full member

Activity: 171

Merit: 100

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 (...) 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.

Unlike the Internet, which started as a wide-spread trend in Africa.

davout

legendary

Activity: 1372

Merit: 1008

1davout

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.

Your troll : 2/10

lm2f

member

Activity: 82

Merit: 10

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.

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

The entirity of your posting history is:
Why I'm boycotting bitcoins.
You know what I find the most disturbing about the bitcoin community?
Bitcoin is fundementally flawed, here's why and how it can be fixed

So why did you register? Why are you here? And since you already find the community disturbing, and believe Bitcoin is flawed then you don't need to Boycott bitcoin obviously it is going to fail anyways.

Birdy

sr. member

Activity: 364

Merit: 250

Sorry to break it to you, but the whole world is classist.
You will always be classified by attributes, e.g. how smart you are, how good you look, how good you play piano...and so on.
You could also say football is inherently classist or learning English or finding someone to marry.

At least Bitcoin won't deny anyone to use it, it doesn't care who you are.

alexeft

legendary

Activity: 854

Merit: 1000

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 really truly deeply believe that you live in the stone age in every way possible!!

exstasie

legendary

Activity: 1806

Merit: 1521

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.

gadman2

legendary

Activity: 978

Merit: 1001

Unless you made this thread on some kind of non smart phone, I really think you have the capability of sending or receiving bitcoins. I might be wrong, but I don't think so.

lm2f

member

Activity: 82

Merit: 10

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.

Topic: Why I'm boycotting bitcoins. - page 7. (Read 16441 times)