WebFeb 9, 2024 · In the first half of 2024, Black entrepreneurs managed to raise nearly $1.8 billion —a more than 4x increase year-over-year. This is undoubtedly great news. But to put it in context, Black entrepreneurs still only received 1.2% of the record $147 billion invested in U.S. startups. during that time. But cryptocurrency strategists and successful investors insist that investing will help Black people get ahead financially. According to the Federal Reserve, the median net worth of a White family is $188,200 compared to $24,100 for a Black family. Charlene Fadirepo, a Bitcoin adviser, said Black Americans have … See more Successful Black investors say it’s important to educate potential investors on how cryptocurrency works so they can make smart … See more Some researchers, however, are skeptical of cryptocurrency. Algernon Austin, director of race and economic justice for the Center for Economic and Policy Research, called cryptocurrency a “get rich quick scheme.” … See more
Cryptocurrency Offers Financial Opportunity To Black Community
WebApr 7, 2024 · Jayson Johnson, executive director of the Development Authority of Washington County, talked to no fewer than three cryptocurrency companies before … WebJan 28, 2024 · In addition to the online black markets, the authorities have been aggressively targeting cryptocurrency schemes. But the amount of Bitcoin going into … nova scotia regulated health professions
Cryptocurrency draws Black and Latino Americans left behind by ...
WebJun 13, 2024 · Crypto communities are essentially groups of individuals with a shared interest in cryptocurrency investing. These communities provide an avenue where investors can share news, exchange ideas or opinions, or ask questions. They’re usually formed and maintained via popular online messaging platforms. WebDec 2, 2024 · More Americans are jumping in on the cryptocurrency train, including Black Americans and other people of color, according to a recent report from The Washington … WebNov 27, 2024 · By the end of 2024, 31 of Coinbase’s 1,000 employees were Black. That proportion has remained unchanged. ‘Hasn’t Learned Anything’ When Mr. Armstrong wrote his blog post in September asking... how to skim coat over painted walls