Simply, the word in spanish for 'white'. Some people in Latin America call caucasian people blancos since we -latin ppl, are darker than them, and they're actually white!
So yeah, its not racist itself, but would be used in that way by negros.

BLANCO is white in Spanish and it refered to someone as" el Blanco" or the white guy. Spanish and those of spanish decent( Latin Whites)call themselves White for simplicity, even though there are other races of light skin, these people are plain in complexion with no heavy distinguishes except excessive hair on body, eye brows etc. Plain people includes people from a thin brown( like those of latin america, somewhat little mixed with Indian but still have round eyes, thin lips, head structure is = head height is twice as long as head width and a caucasian body)and extend to cream white, to snow white milk complexion, brown eyes and brown hair. Although now poeple could have light blonde hair with browns eyes or blue eyes with brown hair and somewhat close to a similar complexion to those of southern europeans. Blondes unmixed or natually, have a yellow to very dark yellow skin texture or orange -red complexion, may have freckles in arm, body and face with narrow head structure as well as nose. Majority are mixed though,and maybe more than half will consider themselves as being part of the white race, but knowing they will still be called Guerro's even they display a good portion of blonde,usually will be called Guerrito or Guerrita implying they are not 100 percent blonde but this white person does have some blonde in them and this portion of blonde comes from the people of scandanavian decent.These are also White Asian, many have a milk type complexion but only differ in texture skin.But since these people are distinguishable because of there oriental eye they are not called white for simplicity like those of southern europeans plain poeple. Also white Asian and very simliar to dark Asians as well in bone stucture and eye formation thus called Orinetal people or Asian, or Mongoloids or they can get more narrow in saying he's japanese or Korean or Chinese or from Thailan etc. Europeans region popele are called caucasian and the word white is used very losely, very losely! Since if you call a blond person white, Then what about the southern europeans plain people?
But White and yellow are both under light color and that's why these two groups are under the same race name caucasians and as well And in any part of the world, both of these groups will also be under the same ethnicity.

whitey, interchangable with guero

A derogatory term for caucasians. Exactly the same as Negro or Nigger, for a person of African descent. White people are only allowed to use it, just as black people are the only ones who can say 'Nigger.' It's only fair.

One who knows every word in the dictionary.

A Latin male with light skin. His body is 100% A1. A new race in society. He's born in cloud nine. He's every girl's primal and secret desire. The girls ultimately grow into moderate shock. So many girls love him that he becomes numb. Gangs lean on him his whole lifetime. He creates the ozone for fuck-boys (dick-suckers). If a girl doesn't like him it's because she's a lesbian. He's exceptionally versatile. Move your old and rusty dick as far back off of a G's grill. If your not Hispanic and you call yourself blanco your instantly transformed into his bitch. He only speaks to females with eye contact.

When a black person does something a white person does, but they want to maintain their blackness. Similar to no homo.

It's used to refer to someone who is white/ white (Caucasian) looking and also secretly used to refer to cocaine. Me being Latino

Cocaine