Friday, January 22, 2016

Bitcoin owners are still white, male techies – to no one’s surprise

Coindesk Bitcoin report
Coindesk has released its latest report ‘Who really uses Bitcoin?’ in a bid to dispel, or compound, some of the myths and legends around the digital currency. Who do we think of when we talk about bitcoin users? Is it the ideological libertarian, wanting to subvert traditional finance? The speculator, wanting to profit from price movements? Or the thrill- seeking drug user, getting their goodies through illicit black markets? Media reports and forum conversations have doubtless portrayedall three. But are such stereotypes appropriate? The results are, well, largely to be expected given ongoing criticism laid at the door of the supposedly distributed and democratic cryptocurrency. In a survey of 4,000 Bitcoin…

This story continues at The Next Web

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