Topic: Bitcoin and the Black Americans (Read 559 times)

Racism in America is still very strong. White racists always look down on black people, even to send money, black people are made difficult by the bank. With Bitcoin and blockchain, racism in the world of finance will be crushed. Both blacks and whites can send money and receive money at any time without a difficult process. because bitcoin can be used by anyone. do not care about race, ethnicity, religion, etc. Bitcoin is a revolution that will destroy racism.

Personally I think bitcoin is a wonderful coin dropped all over the world Coins here Americans can only use bitcoin can't use anywhere in the world It's totally wrong bitcoin is a world wide open mother of coin by this and shopping mall are loving a very good system. Where we can easily fall in love with different types of love so I think these Let all the world's countries in offers from circulation will increase and people will be able to meet all the demands of everyday life and personal stuff.

Education and information dissemination is a key thing when you want to encourage people to trust bitcoin, I think almost anything could be done the same. We all know that ever since the Internets inception, there have been millions of scams that have spread on it, for this reason that this people find bitcoin an object for scam artist, we can't blame these people because we all have our own biases or maybe they are being cautious because of past experience or they know someone that have experience. Books are a great thing for information dissemination but in this day and age, books will reach fewer demographic, if this book could be available in e-books then this will surely reach more demographic.

This applies to anyone irrespective of your colour or race, many people are struggling with the financial system don't necessarily mean a certain colour or race struggles harder than the others, people from every part of the world use btc because it suits their transaction needs, the American blacks can equally do same without making so much issue about it, btc is for everyone no matter your race. All they need is some reading and doing research.

Coinbase and Qriously to ask 5,126 people ages 18+ in the US and UK about their experiences with the current financial system.
This is the study referred to by @Black Cookies

https://blog.coinbase.com/coinbase-reports-black-americans-crypto-97e54cc89f84

It is a good, elaborate study that shows us what African Americans think of the current financial system in the United States that it is worth reading and learning more.
As in all parts of the world, Bitcoin and cryptocurrencies are accepted by a minority because it is necessary to learn about them and gain confidence in the technological system and enjoy its advantages.

Let not bring racism into bitcoin because bitcoin is a universal currency that have no race restrictions, some of the reason why blackAmerican may be negatively impacted by bitcoin is 1 due to lack of adequate understanding and knowledge of how blockchain works and also the desire to get rich quick due to underdevelopment.

Ah yes I remember you, definitely more brown than me, and I wouldn't know about how the mods are -- I think the problem is us yellows and browns speak English, and those of us who don't wouldn't really have the access to Bitcoin. Sad truth, innit? Those who need it the most likely will never get out of their cycle to get the proper education they'd need to compete and escape from their destinies.

Which I suppose is why I get the book, but also why I think it's slightly off the mark.

About your 30 hours a week: I suggest you look at "degrowth" theories. Been catching my attention for some time now.

Yellow people right..Brown people, not so much i think..People been trying to get a moderator for one of those subs for a long time but this doesn't seem to have come to Theymos' attention yet. I mean we even got the Supreme Court of the Land to revoke a banking ban. surely they deserve a moderator..

Also, Its amazing someone wrote a whole book on this topic. Why make just black americans use bitcoin more, all americans should be using it more to get out of the consumerist cycle that the Feds love them to be in. The people are made to work so hard (hustle??) to get a slice of their own American dream that I wonder if they ever get to live. People should be able to live in self-sufficient, decentralized communities where they can earn and fulfill each others requirements, work for maybe 30 hours a week and actually live their lives the rest of the time.

So agree here.

The blockchain, the Bitcoin as a whole has no colors hence it would go in any ways without choosing a color. People are doubting cryptocurrencies until now and it is not just them, from Yellows to Whites to Browns, all of them are the same doubting it. I am from Asia and I can confirm that people are not just interested in such technology, they don't care since they believe that it is just a scam.

I don't disagree that black Americans suffered more from the system than whites (mainly because the whole system is rigged by old money, which is white) but I don't get what Bitcoin's really to do with anything, other than it was very likely designed by whites.

Interesting read on the book, nevertheless, but this level of wokeness is a bit misleading when it comes to Bitcoin discussions, because this money system ain't got nothing to do with colour.

Brown and yellow people, are probably the majority on this forum, for example. Am I wrong?

Bitcoin will always get comingled because of human beings... since Bitcoin correlates to money and money correllates to everything .. racial equality correlates to money and politics correlate to money... so I'd argue that unfortunately, due to the nature of humanity, bitcoin, like money will always have some relevance to the other topics.

Bitcoin has nothing to do with politics or anything like that, bitcoin is neutral.

I'm glad we have:

roasbeef
reggie middleton
jerry of endworldsuck
ed harris
Isaiah Jackson

AND IM ANGRY WE HAVE TOTAL SCUM OF THE EARTH TREVON JAMES...  FUCK YOU TREVON JAMES 
That you're black is just true insult to injury... but seriously... fuck you Trevon James.

It is unfortunate that with such a strong development of humanity and civilization, many people still have a negative attitude towards blacks.  I thought that this problem already remained in the last century.  I am 100% sure that among black people there are quite a lot of musicians, writers, scientists and other smart people who are in no way inferior to white people.  In addition, no one can refute the fact that in many new projects and already existing companies that use blockchain and cryptocurrency among developers, there are also a lot of black people.  it is unfortunate that people still discuss such problems.

Seriously, what do you mean by the black Americans? Man, there is nothing like the Black Americans. There isn’t no where it is said that the blacks are the only ones that are afraid to make use of Blockchain and cryptocurrency, this is a joke.

There are lots of people who don’t like to make use of Bitcoin or the Blockchain, they are just not interested, and it has nothing to do with what race they are from. There are white people who are not interested cryptocurrency and there are also Asians, and people from all part of the world who are literally not interested. So stop saying that it is only the black Americans that are not interested in it.

I don't notice African Americans doing video campaigns on youtube so maybe it's true all the news they hear regarding BTC is bad. In reality, I have not seen black Americans discussing money matters on TV.  They enjoy so much of the ball games they play and worrying economy could be the last on their list.

I appreciate and commend OP's effort. all you curmudgens complaining about the race narrative can go live on some front-line neighborhood and get athsma becaue you earn enough yet you're still bein forced to live someplace detremential to your health... or having lived somewhere your whole life for it to only over time be stripped away from your neighbors and your families... gentrification is messed up and redlining is messed up and YET ITS A THING... so yep I'm all for pointing out advantages that can help others within my peergroup. Those who scoff at the op I would dare say ARE white americans....or are the default majority within their society (ie asians in your home nation)...so I get why you say "leave race (like politics) out of it" but I would rather see more black people learn about fiat currency and to learn about the ability to choose to hold bitcoin as a savings and spending vehicle that can actually help to bootstrap other businesses and/or keep money within the community...I know those seem like pipe-dreams from a 2020 standpoint but the potential or viable legitamte p2p commerce expands through crypto and the fees become a different form (instead of cc processing fees, its now mining fees - if we're talking an enclosed system where you earn and spend bitcoin directly).

Everywhere, literally every subject has to go through a race lense. I just don't get it

I can barely understand what you have wrote but I get the point. Talking about the race, gender, age and other personal characteristic is out of bounds from the bitcoin, bitcoin has nothing to do with that stuffs.
American, European, Asian whatever you are, you are free to be part of the decentralized network that affects the price of it. Stop being a racist, letting others down only shows your bad attitude.

Those black Americans think about cryptocurrency and bitcoin has something similar with the other people in our country because most of the people here are not believing bitcoin, they are only believe to the use of fiat currency because that is what they have when they have done working and not cryptocurrency. That is the thing that they are used for so long so adopting cryptocurrency in their mind will not effective unless they will spend more time learning about it.

Yes, racism is not really good discussing in this forum, but did you read well what he have said? I think he is not saying something bad about black Americans so it is not racism for me, he are just saying about the opinions of the black Americans to cryptocurrency.