Why I'm boycotting bitcoins.

[lm2f]

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.

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[gadman2]

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.

[exstasie]

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  
This comment doesn't even deserve a proper response.

[alexeft]

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!!

[Birdy]

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.

[DeathAndTaxes]

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. 

[lm2f]

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  
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.

[davout]

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

[cfrm]

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.

[Ecurb123]

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.  

[pontiacg5]

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  
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!

[Akka]

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

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.

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.

[lm2f]

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  
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.

[AndrewWilliams]

Sounds like you are the perfect candidate for the ObamaCoin 


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! 

[foggyb]

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  
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.

[BittBurger]

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.

[pontiacg5]

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  
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.

[corebob]

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.

[vpitcher07]

It's inherently classist.

#Socialist

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

[Inedible]

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  
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.