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throwawaycoder | 12 years ago

This story made me realize that eventually we will get some sort of "FemCoin", though. Anybody who continues to use Bitcoin will be labeled a sexist and be made a social pariah.

The reason is that women didn't have a fair chance to get into Bitcoin in time because the community was so hostile. Therefore all the Bitcoin wealth is unfairly shifted to white men.

Edit: turns out Femcoin already exists https://bitbucket.org/valerieaurora/femcoin

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hosh|12 years ago

That's interesting. What you are suggesting is that, with lower barriers of entry to create new currencies, we will see a rise in forking economies just as open source and distributed source control allowed open source communities to maintain forks.

Leaving aside that, however, notions of "fairness" is flawed. Fairness for me means that a hostile community self-destructs under its own weight of hostility, not that "Bitcoin wealth is unfairly shifted to white men."

An unfair economy that discriminates against a class of people will see people leaving. I am not sure if it will happen like that, but that's an interesting thought.

throwawaycoder|12 years ago

There are already a lot of forks of Bitcoin, some even moderately successful.

Actually independent of feminism I have long wondered if other cryptocoins might supersede Bitcoin exactly for the reason of fairness. Assume the world wakes up to Bitcoin in a couple of years. Then the BTC wealth will be very unequally distributed. Why should people start using BTC if they are poor in it? They could as well say "hey, cryptocurrencies are swell, but let's use another one were nobody had a headstart".

I guess part of dogecoins success story is that everybody got rich in dogecoin quickly (1 Million doges per minute). A lot of people who didn't like Bitcoin like dogecoin.