Why I'm boycotting bitcoins.

[The Sceptical Chymist]

There are tons of people who use bitcoin that I assume are dirt-poor.  Scammers around here for sure.  Bitcoin is most certainly not for the elite.  If you have a smartphone--which most people do--you can use bitcoin.  You can use it from the library if you wanted to.  But unfortunately the places to actually spend it are nil.  At least that I know of.  Maybe merchants in other countries are more enlightened.  Not so much in the U.S.

[groll]

I personally think that it is not classist cause everyone could buy, trade, and earn bitcoins.  Anyone could have it as long as they have internet connection and a gadget to connect with it.  As through gadgets or devices of course you need them to mine and have some bitcoins.  I am just using my smartphone to do all the investing, trading, and earning.  If you think that way and amwant to boycott the bitcoin then go ahead.  Just make sure we will not see your name here anymore.

[Yakamoto]

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.

This is sounding like this is coming from some "communist-revolution Bernie Sanders $15 minimum wage 100% taxes for the rich" meme that you would see on the internet. I have not seen someone who legitimately speaks or acts this way and isn't trolling with their statements.

Yes, Bitcoin is classist based on that definition. You know what else is classist? Healthcare. You know what else? Jobs. Not everyone has access to some sort of job and the middle class becomes inherently better than the lower class. Communist societies? Classist, you now have card holders of the ruling party posted above the average worker.

I'm not going to spend more time than that on this post because it literally reads like some sort of copypasta with a bunch of buzzwords in place of an actual argument. When there is some actual content that can be debated, let me know because too often things that read like this are bait.

[JeffBrad12]

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.

How do you know the sexuality of bitcoin users?

Well, I sure he just always seeing a lot of males is appearing in a lot of bitcoin project for advertising, introducing and another like that. In my opinions, the bitcoin users are dominated by the male gender.

[jostorres]

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.

How do you know the sexuality of bitcoin users?

Well, I sure he just always seeing a lot of males is appearing in a lot of bitcoin project for advertising, introducing and another like that. In my opinions, the bitcoin users are dominated by the male gender.

I do not think so. Because I do see many many bitcoin projects are aiming women and having women as their brand ambassador. But that may be local to my country. But internationally too, we have a common practice of having women models for any product as it will target both the genders with obvious reasons. Hope this trend will change for a better future of bitcoin particularly to stop people boycotting any more.

[Mastsetad]

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.

Not sure if what was the case in back 2013 but now a days anyone from any corner of the world with just a little knowledge about technology can send or receive bitcoins as long as he knows how to use a wallet or how to buy and earn bitcoins, there is no concept like it is only for those with access to moderately high levels of technology can spend or receive it.

[dihari]

Bitcoin get popularity and increase the price by the community. community that always use and introduce bitcoin to other people.
bitcointalk is one of them. so, why you register and posting on here?

[btvGainer]

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.

How do you know the sexuality of bitcoin users?

Well, I sure he just always seeing a lot of males is appearing in a lot of bitcoin project for advertising, introducing and another like that. In my opinions, the bitcoin users are dominated by the male gender.

You can't know the gender of someone by his/her username. I have come across several people in real world too where people have gender neutal names.In some languages and cultures children are given unisex names which are common for both gender

[Harlot]

It is a matter of strategy there are other ways to generate bitcoin other than mining. And mining BTC is not really profitable even if you buy just one expensive mining equipment. Also BTC has been popular because it can do many things that Fiat can't do, it is widely accepted in the internet as it took advantage of it. It's up to you if you really want to quit.

[xuan87]

There are a lot of way of earning bitcoin, not only by mining, you can earn from signature campaign and for me its good that the children can earn some money, and i can say that i also collect bitcoin from scratch and now my earning can cover the electric bills, if you think bitcoin is so bad then leave it, find another things that interested for you

[Vinz24]

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.

Mining is one way of the many on how you can get bitcoin. I, myself dont mine bitcoin. I buy bitcoins and trade then. And I also gambe some of my bitcoin for fun. Because I earn decent amount of bitcoin without mining.

[Xester]

Simply because it is a digital currency.   You should know that bitcoin is programmed with codes and syntax like that.  It is now a digital age so you really need some techno gadgets to mine, trade, invest, and earn those bitcoins.  But you do not need to be a genius like Satoshi to have some of it.  I am just using my phone to do some earning and investing so it just means that it is not classist.  Anyone can earn through it. 

[BellaBitBit]

It won't be "classist" for long and I am not sure it is even that at this point.  May demographics are involved with Bitcoin and that will increase as time goes on.  Are you still boycotting?

[QuestionAuthority]

I love reading these old necro threads to see how many respected users are now considered scammers.

Why necro an opinion thread where the OP (the guy with the opinion) hasn't even been around in three years?

[dearbesz1219]

Why should I boycotting Bitcoins? I don't see any reason into it for me to do that.  After all bitcoin  had so many things that had done to me in this field of industry. Therefore I cannot do such things like this. Because I'm a bitcoin fanatic and bitcoin lover's too.

[krishna1]

Op seem to be a true hater of bitcoin.but let me tell you that no one tell you to mine bitcoin and burn ur machines or play with the stocks its ur chooise and always research before putting your miney on anything

[Supercrypt]

It is a matter of strategy there are other ways to generate bitcoin other than mining. And mining BTC is not really profitable even if you buy just one expensive mining equipment. Also BTC has been popular because it can do many things that Fiat can't do, it is widely accepted in the internet as it took advantage of it. It's up to you if you really want to quit.

Considering the difficulty, solo mining for bitcoin isn't profitable anymore unless you have a few thousands of USD as capital for a bunch of S9's and for maintenance/utility bills.
It's a shame to just quit on bitcoin without even going further into the ways of attaining them.

[Akupuniard]

Boycotting bitcoins? For mad people, i think the main problems, why people starting  talking bad about  bitcoin is their problems with earnings or something like this.

[RodeoX]

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.

So as a fix I should give my coins to poor gay women? Anyone is free to use bitcoin. In fact no one can even stop you from using them. But since bitcoin is just a math program no one is going to come to your house and show you how. I don't see why bitcoin is unfair in any way. You are rewarded for doing, not wanting or being disenfranchised, only doing something. The people who are privileged in society (and poor) who are becoming wealthier with bitcoin are participating.

It is hard for a person who is tech illiterate. But then again dollars are hard to use if you can't read and I don't think you could even get a credit card if you are illiterate. Again bitcoin is just money. It is not a tool for tax evasion, not a tool to right the social injustice of the world, not an investment vehicle, It's money. 

[vero]

Boycotting bitcoins? For mad people, i think the main problems, why people starting  talking bad about  bitcoin is their problems with earnings or something like this.

not necessarily when the rumors Boycotting it would make the reduction enthusiasts of Bitcoin instead could make more popular because people who do not know will find out about bitcoin and we do not have to worry about it because bitcoin is very strong at the moment.