Why the System being RACIST against BITCOIN?

[malikusama]

Everything has pros and cons, people linked with government and banks never want bitcoin to grow and that's why they are only highlighting the disadvantages of cryptos across the world to prove it a fraud currency or a safe exit for criminals.
Money laundering was one of the major issue in most of the countries even before bitcoin, but they only blame bitcoin for this even though today money laundering on large scale is done using fiat not cryptos.

[n691309]

Why are so few Black people using Bitcoin?  Why don't we allow more Black people access to cryptocurrency networks?  Does the Bitcon community hate Black people so much?  What can be done to fix this racism?

what is your source on this statement? bitcoin community doesn't really know if the wallet owner or bitcoin holder is young or old, no records if they are boys or girls, no data if they are lesbian or gays. So how come you came to this idea about what race is doing bitcoin? The bitcoin wallet is created by many people without submitting any Identifications or DNA sample.

[SiDtHeBeSt]

Well, yes that is true and pretty sad as well. I have seen people trying to spread negativity on the media about bitcoins and there is no specific reason why. Alot of them might be jealous I think, as some people  who invested earlier in bitcoins got a huge profit and became millionaires. It surely gets targetted alot as the media might be getting out of good news to provide. So they do what they are best at i.e. spreading "Half-true" news.

[btcprospecter]

I would say the system isn't racist its more a case of people running the system looking out for their own interest which is fiat.

[HasHe]

It could not be called as racism but its mainly due to the corporates especially bankers who don't want bitcoin's progress and they always turn media to criticize bitcoin on such occasions.Since bitcoin is decentralized and there is no authorized body to defend it,anybody feels free to criticize bitcoin for such reasons.

[darkangel11]

You know what to do OP, you've said it yourself. We have to wait it out, that's all. People are like that. They have their own weaknesses and like to blame others for their own mistakes. That's why they made religions, to be able to say that all those bad things they did weren't their fault. They were either designed like that by the higher power or they were lead to evil by a demon (another higher power).
So, when you invest and lose your money it's not your fault, it's that stupid bitcoin! Or it's those idiots from the community who told you to invest!
When you get hacked it's not you being careless, it's the stupid bitcoin being designed bad and vulnerable to hacks!
When you get scammed it's not your fault, it's the community being cancer!

Does it really strike you as something new and unexpected?

[Cofee.BLUE]

No one accuses a Currency (Specifically FIAT Currency) when Bad persons or Criminals launder Currency ,  but if those criminal used BITCOIN , suddenly  the system become so certain that, it’s a BITCOIN problem.

I wanna share something (one of my friends point of view). That is so correct. It will connect to all of us for sure.


Some years ago , if some one is murdered by some one , and they met through the internet. The whole world castigate and blame the internet. But now people are over it because they all use the internet now. Haha i really think this is the matter.

Same thing applies for the Bitcoin. Yes i know there are some specific rules about Bitcoin , as it is decentralize  and irreversible transaction process. But when the system will also use Bitcoin as we , it will not oppose. I think this is a brilliant topic to discuss. 

Obviously but i guess all of thwm doesnt really like bitcoin because of the threat bitcoin gives obviously the bitcoin will surely destroy them in the coming years because of the virtual transaction that will going to happened we all know that this is just a normal thing to do for them i. This case.

[Eureka_07]

No one accuses a Currency (Specifically FIAT Currency) when Bad persons or Criminals launder Currency ,  but if those criminal used BITCOIN , suddenly  the system become so certain that, it’s a BITCOIN problem.

I wanna share something (one of my friends point of view). That is so correct. It will connect to all of us for sure.


Some years ago , if some one is murdered by some one , and they met through the internet. The whole world castigate and blame the internet. But now people are over it because they all use the internet now. Haha i really think this is the matter.

Same thing applies for the Bitcoin. Yes i know there are some specific rules about Bitcoin , as it is decentralize  and irreversible transaction process. But when the system will also use Bitcoin as we , it will not oppose. I think this is a brilliant topic to discuss. 

You are right. They are accusing bitcoin for what is happening in our society but the truth is bitcoin is innocent for some issues happenning in our country like corruption etc. They are spreading false news about bitcoin because they are afraid that its advantages will be known by the people and bitcoin would be the currency in the future. They are scared because it can increase the price of bitcoin. And maybe the reason behind this is if bitcoin would be assign as the currency then there would be less corruption and poverty in a country.

[Indrawan77]

I like this statement, and I have to agree that media always exaggerate when something related to bitcoin, if we understand how bitcoin works, no one will misunderstanding about bitcoin, bitcoin is just acted as a tool, the one that used bitcoin for criminal is the one that need to be blamed, and because of the media,  people already make a bad judgement of bitcoin

[Xzhyte]

Because for most people, negative things is what always matters. They disregard all the positive effects of things and emphasize on a single mistake or problem. Also, with media spreading false information and exaggerating the negative effects of bitcoin what engraves in peoples minds are to avoid it and further spread wrong information.

[raven.tiu17]

Do you know guys that Illuminati is controlling the monetary system? 90% wealth of the world are from Illuminati, and they are against of bitcoin. These are evil banksters that are against of bitcoin. Well in the coming years to come they will merge to blockchain coz people are demanding bitcoin as a currency and very transparent system.

[LeonardoDiCrypto]

Powerful people with an agenda would typically twist facts so as to prove their point, no matter how unjust their reasoning. These people usually own the media, so they can spread their mystified arguments everywhere.

[zoran.drobnjak]

Very simple.
Imagine you earn/inherit/have a lot of money.
(A LOT OF MONEY = POWER)

Due to it being unsafe to keep it at your home you have 2 options.
A: Keep it in the bank.
B: Keep it in crypto where you control own private key.

We live in a world where GLOBAL ELITE EXERCISES MONOPOLY ON POWER.
When you have a lot of money kept in the bank you actually have NOTHING because your access to "your" funds is not unconditional.
Just take a look at Bill G****s, do you really believe genuinity of transformation into humanitarian superstar ?

B is an obvious threat.
And threat to them is a tool of liberation for us, great majority of mankind.

[edhp]

banks could lose it all (well, maybe much but not all) when crypto matures and people get smarter (not fall into scams). crypto reputation takes a beating when scammers strike and then the media for sure will report it and make it look like that it's the end of crypto as we know it. it's one big propaganda machine against crypto