Hey! I'm a 22 year old white male and recently I've discovered these small white bumps on my penis shaft. They're painless and look like skin tags. They seemed to form after I had some warts removed from my elbow, which leads me to believe that it may be

Probably normal. Every male has "small white bumps" on the penile skin, normal sebaceous glands and hair follicles. If you are this is new and/or abnormal, see your doctor or a dermatologist. In the meantime, this description doesn't sound at all like genital warts. And common skin warts don't get transmitted to the genital area, so that's really not something to be concerned about. Best wishes.