Bitcoin is racist

[Bitstar_coin]

This can also apply to other none crypto investments, if you have zero knowledge about the business it can also lead to loss of funds, why does that make btc racist and not other investments as well?
This is definitely the most ridiculous btc fud i have heard so far,  btc is the most accommodating and user-friendly investment i have seen, it does not require any special skills or super knowledge to get involved. it is true that some people lose money as a result of volatility and lack of basic knowledge but it has nothing to do with btc but the person who is not patient enough to learn and understand.

[1715660182]

1715660182

[1715660182]

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[bettercrypto]

Even when it's actually the SEC in the US, there's nothing sensible to say but those kinds of things that don't make sense. If you do understand, you will think how Bitcoin became racist? What I know is because only human can apply this behavior of being racist not Bitcoin.

     Even to this day, they are only throwing negatives at Bitcoin in the crypto space we live in. It's just that for me it still
helps a lot in my personal life.

[Casdinyard]

Pretty sure the SEC will just throw whatever insult or damaging allegation they could against bitcoin and the cryptocurrency industry. Lmao of all the things they'd brand bitcoin of, the least it would be is racist.
Come to think of it, in this forum alone we have people from all walks of life and are part of various races at the same time, do we call them out for being African/Asian/Hispanic? I don't think so, at least I don't see.
To add to this, the currency promotes anonymity, how in the hell is that going to equate to racism? It literally blinds everyone of all their identifiable traits in favor of a more secure and more open enterprise.

[yohananaomi]

At least I can sleep at night knowing that Bitcoin isn't transphobic, for now.

exactly! i don't really see bitcoin as racist since anyone can buy it as long as it is accessible in your country, and as much as i don't really trust banks, i'd rather put my money on something that i can earn although it is much volatile than letting other people use my money (banks).

it all just depends on the perception with the intention of what you want to do, everyone can do that and I am the same as you have seen and observed so far that it is not true that bitcoin is racist, it seems too much to say that. bitcoin no one is able to intervene in it so it will be free anyone can buy and make an attractive and profitable investment. but if I put money in, I definitely still trust the bank because it is the safest place even though the interest generated is not as good as the profit when buying bitcoin for long term investment.

[LeGaulois]

@franky1

  LN, Segwit, ordinal and co: Fake bitcoiners are trying to make this currency to become Woke https://en.wikipedia.org/wiki/Woke
And if you disagree with them, they will call you racist. Wait for LGBT and feminists shouting out you're misogynist if you don't use LN.
Socialists are coming, like refugees are coming in Europe.

I'm moving my wallets back to standards bitcoin adresses

[crypticj]

It just says a lot about the political situation in the US. They literally call racist everything they don't like lol.
I think they cannot harm bitcoin themselves, so they want to use people who are triggered by every mention of racism to attack bitcoin for them. But oh well, it's just another attempt to create a bad image of bitcoin without any reason.

I think they need to use all this hate they have to HELP people through bitcoin. Some people in the US are still unbanked or suffer from inflation and bitcoin might be an answer for them.

[goldkingcoiner]

I love watching the SEC realizing that they cannot do anything to stop or regulate Bitcoin at its core. Their desperation and panic is telling me we are heading towards the right path and we should keep going!

The more ridiculous the insults and smearing campaigns of anti-coiners such as the SEC or the bankers become, the closer we are to a marvelous future of Bitcoin as the true global money. At some point the governments of the world will have to admit that Bitcoin is the new generation of money and it should be adopted as such.

But they are too prideful. They would rather create a CBDC because it makes it seem like they created the new gen money by government hand. But it will fail.

[Artemis3]

@franky1

  LN, Segwit, ordinal and co: Fake bitcoiners are trying to make this currency to become Woke https://en.wikipedia.org/wiki/Woke
And if you disagree with them, they will call you racist. Wait for LGBT and feminists shouting out you're misogynist if you don't use LN.
Socialists are coming, like refugees are coming in Europe.

I'm moving my wallets back to standards bitcoin addresses

I just noticed. I suppose according the them, the wallet scans your skin and refuses to work if it doesn't match the authorized color... Oh so PoS is supposed to mean Proof of Skin? I see...

[Maslate]

It's not fair to blame Bitcoin for the lack of knowledge people have when it comes to investing. Bitcoin will still exist even without people investing in it, and the system will not change because when people invest, only the price changes due to the supply and demand principle.

Regulators need to study before they make comments. It's obvious that they don't have an idea of what they are saying. They seem to compare Bitcoin to a Ponzi scheme, which is too far-fetched. What's important is that these regulators learn what Bitcoin is, and then the government can educate the masses through them. The problem is when regulators make false assumptions based on wrong information, the public will believe them because they have the public's trust and they are viewed as experts. It's insane!

[seoincorporation]

So according to them, Bitcoin (and altcoins ofc) creates financial damages to many minority investors because they don't have the knowledge to assess the risks associated with crypto.

In another words, Bitcoin makes them loosing money because people are lazy to learn where they're investing in...
L@@k at FTX and co...

Lmao, this was a fun one.

So, all the ignorant people who buy Bitcoin under $500 and see how it goes over $64k are victims of their ignorance. It's just nonsense. The only ignorant guys are those who don't believe in this technology. So, the people who use bitcoin are not the ignorant ones.

The FTX example is a terrible example because it was a scam, and we can't compare the real cryptos with that one, so, is a weird situation where people believe in new coins that end in scams but don't believe in the old coins who already prove to be legit.