Jay-Z hawking Bitcoin is so embarrassing
- Thread starter ☑︎#VoteDemocrat
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beenz
Rap Guerilla
I'm so sick of the celebrity crypto pump and dump scheme. that shyt needs to be regulated like yesterday. it's ridiculous 
beenz
Rap Guerilla
I'd rather trade my dollars in for monopoly money before I invest in crypto.
at least my monopoly money can buy me boardwalk and park place.
crypto can't buy me shyt
Controversy
Superstar
I'm coinbased, basically cryptocurrency scarface
Now here comes this nikka
Queensbridge Venture Partners...Marcy Venture Partners
For The Marcy Projects ? 
This nikka can't be serious
This nikka can't be serious
bourgeoisie tall freak
Superstar
The program, announced Thursday, will offer classes online and in-person to Marcy residents with dinner being served at each class. Residents who participate will receive MiFi devices, smartphones, and data plans and are allowed to keep their devices. Meanwhile, children living in the projects will be able to join “Crypto Kids Camp” for two Saturdays. Dorsey also founded the financial services company Block, Inc. (formerly known as Square).
people probably just saw "bitcoin" in the headline and had ptsd flashback about how their dumb ass lost their savings trying to hop on a shyt coin wave. in reality it's a program giving free education/child programs, free meals, and free electronics to neighborhood people
i'm sure many people didn't actually read the article so fukk em. let em hate
people probably just saw "bitcoin" in the headline and had ptsd flashback about how their dumb ass lost their savings trying to hop on a shyt coin wave. in reality it's a program giving free education/child programs, free meals, and free electronics to neighborhood people
i'm sure many people didn't actually read the article so fukk em. let em hate
As someone who works in investments, I consider myself somewhat financially literate. Yet I can guarantee you that financial literacy will do very little to help you escape your current economic standing.
Receiving better education, or having better job opportunities? Sure. But investing/saving will not get you from the PJ's into the middle class.
In fact- this whole thing seems contradictory. Investing in crypto is almost the antithesis of financial literacy/responsibility. Straight irresponsible. It's the reason the SEC stopped advisors from hustling seniors into purchasing penny-stocks.
I have seen cop interviews talking about kingpins etc
one thing that comes up many times is "he couldl have been running a fortune 500 company"
if you do not think a kid in the projects whose "og's" CAN DO NOTHIING FOOR THEM but give them drugs or stupid advice
if you do not think finaancial literacy and LEGAL INVESTMENTS wont benefit these kids then we agree to disagree
I will say this.....everything is not for everybody.....
for all those on the coli....
do not invest in crypto....
do not invest period....
apparently folks are being begged and conned....
DO NOT INVEST.....
blk people and hispanics and poor people....DO NOT INVEST
it is a waste and fraud and bullshyt and not for "you"
just had to say that
Hollywood Co
Primetime Reppin
Digital Currency isn’t going anywhere and will be the future. Bitcoin and Crypto are the vehicles that started the wave. You can call it a Ponzi scheme but in 20 years, future money and transactions will look more like Crypto than the traditional systems we use today.
Better to understand and get educated on it now than playing catch up when systems become more standard. Invest what you can afford to lose just like any investment and I would think Jay and his folks would highlight the fact at the top.
It’s like folks using horse as the main mode of transportation when the Model T first dropped. They couldn’t understand and thought it would never last….
Better to understand and get educated on it now than playing catch up when systems become more standard. Invest what you can afford to lose just like any investment and I would think Jay and his folks would highlight the fact at the top.
It’s like folks using horse as the main mode of transportation when the Model T first dropped. They couldn’t understand and thought it would never last….
Amare's Right Hook
Southeast World Champion
I'm part owner, breh.
The program, announced Thursday, will offer classes online and in-person to Marcy residents with dinner being served at each class. Residents who participate will receive MiFi devices, smartphones, and data plans and are allowed to keep their devices. Meanwhile, children living in the projects will be able to join “Crypto Kids Camp” for two Saturdays. Dorsey also founded the financial services company Block, Inc. (formerly known as Square).
people probably just saw "bitcoin" in the headline and had ptsd flashback about how their dumb ass lost their savings trying to hop on a shyt coin wave. in reality it's a program giving free education/child programs, free meals, and free electronics to neighborhood people
Happy that it extends beyond crypto and that they are offering real assistance. But I have seen enough of these financial literacy hustles that I would suggest we all remain dubious until proven otherwise.
Typical financial literacy hustle goes as such:
- Bank/Corporation holds a speaker session.
- They bring in black 'speaker/entrepreneur/expert' to provide a black face
- Corporation pays for food/trinkets/classes etc, in return they get:
- Marketing to get these folk to open an account, a credit card, a loan, or maybe a bitcoin account in this case
- Goodwill that they will put in their brochures and 10K's about how they are community focused
- Black speaker receives:
- $$$
- Free marketing to allow them continue on their 'speaker' tour
In the end, nothing really improves in the community because the opportunities (e.g. the topline) remain stagnant or nonexistent
Everytime the crypto market rises and crashes, the exact same way it has the last two cycles, folks come out with the "ponzi scheme" shyt, "it's a scam" etc.
Keep in mind, you don't even have gold backing your dollars at this point, and the government has already shown they'll manipulate the circulating supply as they please thus devaluing your hard earned savings.
Crypto is absolutely speculative, but I would just suggest to anybody who's interested, don't blindly listen to folks yelling "scam". If you bought 1 bitcoin at the PEAK of the last cycle in January 2018 before it went bust and everyone went back to calling it a scam, you would still be up almost double your money currently. If you bought it at the floor when it was at around $3500 in November 2018 you'd be at about 9x your initial investment right now.
Do your research as always, but don't blindly believe a random guy on the internet yelling scam, and don't believe a guy telling you you'll get rich overnight. The truth is, if you're smart, you do your due diligence, and you only invest money you're willing to lose, you can absolutely make a profit. My profit from trading crypto last year damn near equaled my salary and I'm making 6 figures currently. And I didn't even have my strategy dialed in as well as I could have. Again, be smart about it and DO YOUR RESEARCH BEFORE INVESTING, but there's absolutely a lot of money floating around in the crypto markets to be had if you know how to move.
Keep in mind, you don't even have gold backing your dollars at this point, and the government has already shown they'll manipulate the circulating supply as they please thus devaluing your hard earned savings.
Crypto is absolutely speculative, but I would just suggest to anybody who's interested, don't blindly listen to folks yelling "scam". If you bought 1 bitcoin at the PEAK of the last cycle in January 2018 before it went bust and everyone went back to calling it a scam, you would still be up almost double your money currently. If you bought it at the floor when it was at around $3500 in November 2018 you'd be at about 9x your initial investment right now.
Do your research as always, but don't blindly believe a random guy on the internet yelling scam, and don't believe a guy telling you you'll get rich overnight. The truth is, if you're smart, you do your due diligence, and you only invest money you're willing to lose, you can absolutely make a profit. My profit from trading crypto last year damn near equaled my salary and I'm making 6 figures currently. And I didn't even have my strategy dialed in as well as I could have. Again, be smart about it and DO YOUR RESEARCH BEFORE INVESTING, but there's absolutely a lot of money floating around in the crypto markets to be had if you know how to move.
bourgeoisie tall freak
Superstar
regardless of individual investment (which of course nobody is going to learn overnight and i don't think that is the aim of this program), this is shyt people should learn about, at least a basic 101 (which i think is the aim of this program). the laws have been changed/updated to accomodate this phenomena, law firms, corporations, education institutions, etc are all building whole departments to adjust and analyze the new markets. you'd have to be a fukkin idiot to think this is not something that is going to effect you one way or another on some "oh this is not something poor kids need to know about"
its funny how it works
Jack gets the clout of being cool
Hov gets the clout of being savvy
Its all very slick