Why Don't Black People Use Bitcoins?

[Surawit]

Simple question: I'd like to discuss the demographics of the bitcoin community.

Why are there no people of color promoting bitcoin? What is it about bitcoin that disproportionately attracts white males? Could this extreme lack of diversity be ultimately harmful to bitcoin?

I've been following the bitcoin phenomenon for several months now. I've watched hundreds of youtube videos, read the blogs, seen the posts here, seen the conference footage from NYC... and until Bill Cosby I don't think I've seen a single African-American. OK that's not entirely true, I once spotted a dude who was in the onlyonetv studios once between broadcasts and he didn't speak at all.

From my perspective at the moment it seems the bitcoin proponents are almost entirely rich, white males with the occasional bored-looking female hanging around... Bitcoin, in a sense, could be viewed as a mechanism for prolonging the economic and social dominance of white males at the expense of everyone else. As we move towards a less racist, less sexist, more egalitarian society... Will bitcoin be a step backwards? [Well obviously it'll be a step forwards for us, but its going to be worse for everyone else]

[1713586192]

1713586192

[1713586192]

1713586192

[1713586192]

1713586192

[Mousepotato]

Isn't DavinciJ15 (I think that's his username anyway) black?  Or is that just his avatar pic...

[BitcoinPorn]

Wow, this has to be the most ass backwards post I have read on Bitcoin.

So let's see, you are worried about either the color of peoples skin and/or the country from which they or their family heritage is from?

Now, you wish these "people of color" as you just called them, to promote Bitcoin for... ?  

Diversity?

You wish to continue prejudice and racism to help promote stopping it?

I am really fucking confused, but never have I seen such a racist post on Bitcoin.  Luckily I find it more amusing than insulting, as I'm sure it is just trolling, but whatever, caught me when I was bored, so I replied, so let's continue this discussion.

[BitcoinPorn]

Bitcoin, in a sense, could be viewed as a mechanism for prolonging the economic and social dominance of white males at the expense of everyone else. As we move towards a less racist, less sexist, more egalitarian society... Will bitcoin be a step backwards?

Only if you allow it to be with bullshit old school way of thoughts like this.

I bet you support things holding back society like Black History Month too?

Such a shit thread.     Less racism, less sexism, was already existing in Bitcoin.  Only old school ways of thoughts will keep it from progressing further imo.

[Surawit]

Only if you allow it to be with bullshit old school way of thoughts like this.

I bet you support things holding back society like Black History Month too?

Such a shit thread.     Less racism, less sexism, was already existing in Bitcoin.  Only old school ways of thoughts will keep it from progressing further imo.

AND WHERE IS OUR WHITE ENTERTAINMENT TELEVISION?

Fuck off back to stormfront please, this topic is for serious discussion.

[Alex Zee]

Why are so few black Nobel Prize winners?

[BitcoinPorn]

AND WHERE IS OUR WHITE ENTERTAINMENT TELEVISION?

Fuck off back to stormfront please, this topic is for serious discussion.

Fuck off yourself with your ass backwards way of thinking.  How about this, "ENTERTAINING TELEVISION"

You brought race into this, not me.

Full disclosure just to please Surawit, I'm multicultured, "White", whatever that means to you, is no doubt a portion of the things that make up me.

Why are so few black Nobel Prize winners?

AlexZ brings up a good question.  Not that his question itself was good, but that this same stupidity in reasoning behind the question could be applied to anything.

WHY ARE SO MANY BLACK PEOPLE NOT WHITE PEOPLE?

[Anonymous]

I'm a Hispanic bitcoiner but in the end it has little relevance. Who the fuck cares if the whole community is White? As far as I'm concerned, it's not like we ban people for being a certain race. It's just Bitcoin attracts people from a predominantly white culture. People of different races tend to have different cultures. Who knew? There is no oppressive inequality.

Anyways, this thread has little value, in my opinion. We're only begging for a pointless argument.

[N12]

I guess it’s because nerds are dominated by white males?

[FreeMonies]

Isn't obvious? Blacks don't have extra income to use for bitcoins?

[Anonymous]

I guess it’s because nerds are dominated by white males?

I couldn't of said it better. +1

[RodeoX]

What if you posted this question in Swahili?  
 

[Anonymous]

Isn't obvious? Blacks don't have extra income to use for bitcoins?

I could imagine people of the lower income brackets easily using Bitcoin. Especially through the mobile payment networks in Africa. Income has little to do with money as a tool.

[HolodeckJizzmopper]

Why are there no people of color promoting bitcoin? What is it about bitcoin that disproportionately attracts white males? Could this extreme lack of diversity be ultimately harmful to bitcoin?

[N12]

I mean, you could ask the same question for old people, women and poor people.

It’s true that the demographic of Bitcoiners is currently quite limited, and it is indeed an issue in that diversity could help us.

At least Bitcoiners are more diverse in political and economic ideology now, as far as I can tell.

[FreeMonies]

Isn't obvious? Blacks don't have extra income to use for bitcoins?

I could imagine people of the lower income brackets easily using Bitcoin. Especially through the mobile payment networks in Africa. Income has little to do with money as a tool.

Bitcoin isn't money... yet. Right now it's a sort of commodity.

And you still have to put money in to get bitcoins (short of charity.) so either way your thinking is flawed.

[BitcoinPorn]

things holding back society like Black History Month

Fuck off back to stormfront please

Did you check that link btw?  I think you just called this man

A member of stormfront.  It would be racist of me to assume he is black, but I will go out on a limb and say he isn't a member of stormfront, in fact, I am pretty sure he is God.

Surawit trolled during the wrong hour, sorry to ruin your fun

[BlockHash]

Bitcoin, in a sense, could be viewed as a mechanism for prolonging the economic and social dominance of white males at the expense of everyone else. As we move towards a less racist, less sexist, more egalitarian society... Will bitcoin be a step backwards?

Only if you allow it to be with bullshit old school way of thoughts like this.

I bet you support things holding back society like Black History Month too?

Such a shit thread.     Less racism, less sexism, was already existing in Bitcoin.  Only old school ways of thoughts will keep it from progressing further imo.

Celebrating the achievements of African American's is "holding back society"? In what way? Is it because you don't want people to realize that blacks have a history & heritage well beyond being entertainment in your sporting events?

Oh, and Morgan Freeman is the voice for all black people now. I got it.

[Anonymous]

Isn't obvious? Blacks don't have extra income to use for bitcoins?

I could imagine people of the lower income brackets easily using Bitcoin. Especially through the mobile payment networks in Africa. Income has little to do with money as a tool.

Bitcoin isn't money... yet. Right now it's a sort of commodity.

And you still have to put money in to get bitcoins (short of charity.) so either way your thinking is flawed.

It depends on your definition of poverty. At least 50% of all first-world "impoverished" people carry cellphones. It's safe to assume they have a credit card plus more. All that is needed to trigger a desire for Bitcoins is an exclusive service that uses them. Quite frankly, online gambling might be a trend with the first-world's poor through Bitcoin. It's not something I would like to see but it could happen.

So, no, my thinking is not flawed. The poor do carry money. Why they are considered poor and live in conditions one would consider poverty is another thread for another time.

[Surawit]

Thanks for reading the topic beyond the title guys, I can see why people complain about this forum  

I know why black people don't use bitcoins, its because bitcoiners are almost exclusively nerdy white guys. What I'm asking: In the future when bitcoin is in everyday use (and each coin is therefore massively valuable), the early adopters holding lots of currency are going to wield tremendous power in society. Would the lack of diversity amongst this group not be dangerous for wider society? It would be like only allowing white males to vote.

Even if it isn't going to be dangerous, will it be percieved to be dangerous? In this age of unparalled equality of opportunity, will the rest of the world happily accept a new economic order in which (surprise!) white guys are right at the top again? These are legitimate questions.