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This is a very closed minded view. Just because you and most people in the USA don't see a use outside of speculation, there are many suffering countries that f
by washedup 5y ago
This is a very closed minded view. Just because you and most people in the USA don't see a use outside of speculation, there are many suffering countries that find great use in Bitcoin as an escape from their crumbling currencies. Check your privilege.
- SavantIdiot 5y ago> Check your privilege. You do not understand what privilege means. We are talking about cryptocurrency, not institutional racism or sexism, or other cases where power structures are used to oppress a minority group of people. That is the context for using the term privilege, and Bitcoin is nowhere near that context. Plus if someone has the technological capability to access bitcoin or other cryptocurrency, they are most likely already privileged. Putting aside your flippant attempts to weaponize wokeness (yes, I read your other posts), I'm open to understanding how Bitcoin is helping lift people out of poverty in developing nations. Care to cite some real world examples?
- washedup 5y agoI am talking about "financial privilege", not the other versions of privilege you describe. Yes, it is a thing. Please, point out to me comments where I weaponize wokeness. With every comment I am trying to guide the discussion around crypto in a more rational direction, which on HN is nearly impossible these days. Many critics don't see a use in Bitcoin and want to "shut it down" because of its energy use and volatility, and can't even imagine how useful it is to people whose currencies suffer from even more mismanagement and volatility/inflation. https://bitcoinmagazine.com/culture/check-your-financial-privilege https://bitcoinmagazine.com/culture/check-your-financial-pri...