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Black, Hispanic investors struggle with faith in crypto
- linkweb3
- 2023-03-27
- 3186
- Newsletter
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Summary:A software developer twice invested his savings in cryptocurrencies, only to lose it all. A recent college graduate and a single mom are dabbling hopefully in bitcoin after attending a crypto workshop sponsored by rapper Jay-Z at the public housing complex where the hip-hop star grew up. All were drawn by the idea of crypto as a pathway to wealth-building outside of traditional financial systems with a long history of racial discrimination and indifference to the needs of low-income communitie
A software developer twice invested his savings in cryptocurrencies, only to lose it all. A recent college graduate and a single mom are dabbling hopefully in bitcoin after attending a crypto workshop sponsored by rapper Jay-Z at the public housing complex where the hip-hop star grew up. All were drawn by the idea of crypto as a pathway to wealth-building outside of traditional financial systems with a long history of racial discrimination and indifference to the needs of low-income communities.
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