This week on Basic Black we are going to look at cryptocurrency or ‘crypto’ and whether it is a path to generating wealth for people of color. There have been a number of reports and articles discussing the increase of Black and brown people, along with millennials and women, interested in cryptocurrency largely due to it’s low barrier to entry, in addition to historical issues around wealth creation in the Black community. But what is cryptocurrency and is the somewhat volatile digital currency (i.e. Bitcoin) market truly the answer?
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Watch: Basic Black — Understanding Cryptocurrency