African-Americans Outpace Whites & Hispanics In Cryptocurrency Investments, A New Avenue to Wealth

[EndDomination]

AND AGAIN what is the racial make up of wall street...

You understand that's my point right? Cryptocurrency isn't divorced from a mostly White Wall Street, it's part of it. Those reaping the benefits of cryptocurrency are doing so because the system reproduces class
To think Black "mom and pop investors" are going to be the ones reaping the benefits of cryptocurrency's ties to already existing speculative investments and capital is a dream - I'm wondering why you don't understand that.

 

[MasterOfAllHeSurveyz]

Buy and hold, people. Buy and hold.

 

[ORDER_66]

You understand that's my point right? Cryptocurrency isn't divorced from a mostly White Wall Street, it's part of it. Those reaping the benefits of cryptocurrency are doing so because the system reproduces class
To think Black "mom and pop investors" are going to be the ones reaping the benefits of cryptocurrency's ties to already existing speculative investments and capital is a dream - I'm wondering why you don't understand that.

again still didnt' answer a basic question....

 

[D1renegade]

Crypto is the best opportunity we have to create generational wealth within the next 10 years. Y’all better do your due diligence and get involved before you get left behind.

 

[ORDER_66]

Crypto is the best opportunity we have to create generational wealth within the next 10 years. Y’all better do your due diligence and get involved before you get left behind.

Exactly

 

[EndDomination]

again still didnt' answer a basic question....

Your basic question is idiotic breh - no offense. The idea that a volatile pseudo-currency is going to overcome the regular nature of racial capitalism is a pipe dream, and there’s crack in that pipe. Let’s actually look at the stats:

 

[ORDER_66]

Your basic question is idiotic breh - no offense. The idea that a volatile pseudo-currency is going to overcome the regular nature of racial capitalism is a pipe dream, and there’s crack in that pipe. Let’s actually look at the stats:

Again its a simple question which you don't want to seem to answer for some reason... you leaping to the wrong conclusions just negative asf.... are you into crypto or not???

 

[88m3]

hate to see more black wealth syphoned away on bs

 

[88m3]

Where is any new "Black wealth" coming from? If Black folk own more, then doesn't that mean those who have made gains are making them off the backs of the other Black folk who invested later?

Unless he's saying that black folk were the earliest adopters and the white folk and whales came in later, so the white folk and whales are the ones who pushed black profits. Could very well be the exact opposite.

these crypto folks operate like mlm scammers


black wealth and savings has declined from everything I've seen

 

[Eternal Tecate]

I understand crypto skepticism but on the other hand there is clearly something of value provided by some crypto projects.

 

[Yinny]

Here come the regulations

 

[☑︎#VoteDemocrat]

hate to see more black wealth syphoned away on bs

MLMs, etc

 

[☑︎#VoteDemocrat]

 

[EndDomination]

I understand crypto skepticism but on the other hand there is clearly something of value provided by some crypto projects.

Nothing beyond what you can get from any other speculative asset - only far more volatile

 

[Propaganda]

Nothing beyond what you can get from any other speculative asset - only far more volatile

you clearly don't understand the space if you think crypto and blockchain have the same value proposition as "any other speculative asset".

and yes, the market is very volatile and most of that is driven by speculation as it currently stands, but bitcoin (and crypto in general) has also been the best performing asset in the past decade. and it's still early. this is not going away. this is the internet in the late 90s.