Post
Topic
Board Bitcoin Discussion
Re: Why I'm boycotting bitcoins.
by
Yakamoto
on 25/08/2016, 03:08:35 UTC
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.