Jay-Z hawking Bitcoin is so embarrassing

[Cladyclad]

JAY-Z invests in Perch Credit App aimed at helping minorities boost credit scores​

 

[null]

.

bruh... Fidelity hiring 100+ engineers for their new digital asset division. Imagine thinking one of the biggest investment firms in the world investing that much into a fly-by-night scam. CEO of Fidelity talking about this being her 3rd crypto winter like this bytch already hip and know where this shyt eventually headed. nikkas are dumb af. It's unbelievable

quite aside from question of what they are actually doing and how that relates to this convo (namely BTC) let's consider the finances. a "digital asset division" doesn't mean BTC (etc).

and ...

"The dot-com bubble, also known as the dot-com boom,[1] the tech bubble,[2] and the Internet bubble, was a stock market bubble caused by excessive speculation of Internet-related companies in the late 1990s, a period of massive growth in the use and adoption of the Internet.[2][3]

Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down.[4][5] Some companies that survived, such as Amazon.com, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value.[6][7]"

Dot-com bubble - Wikipedia

en.wikipedia.org

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there is a difference between the tech and bitcoin.

 

[Cladyclad]

So tell me when I rap you think I give a fukk who criticize?

One day I pray to you and said if I ever blow, I'd let 'em know
The stakes, and exactly what takes place in the ghetto
Promise fulfilled, still I feel my job ain't done. Cough up a lung where I’m from Marcy son

 

[Dorian Breh]

see what i said was to google but you just want to try and clap back. you would have seen the shawn carter foundation

"The mission of the Shawn Carter Foundation is to help individuals facing socio-economic hardships further their education at post secondary institutions."
About | Shawn Carter Foundation

You posted all of that and none of it includes job skills training for underemployed people in the Marcy Houses

 

[Virtuous_Brotha]

Speculative investing is for clowns. Even if you are in the mythical 1%, speculative investing is a poor usage of your funds and time.

There is a difference between investing and speculative investing and if you were truly financially literate you would know that.

Furthermore, my issue is about the utility of this endeavor. There are much better uses for these education funds than tricking people into wasting their money on speculative investments.

You'll never gain wealth with this puzzy mentality. Enjoy your 1% per year gains

 

[bourgeoisie tall freak]

You posted all of that and none of it includes job skills training for underemployed people in the Marcy Houses

the Shawn Carter Foundation is worldwide education based initiative. that's all you got? "he didn't single out marcy"

 

[RennisDeynolds]

could be worse, he could be gifting them a copy of 4:44 and telling them to invest in real estate

 

[the bossman]

Speculative investing is for clowns. Even if you are in the mythical 1%, speculative investing is a poor usage of your funds and time.

There is a difference between investing and speculative investing and if you were truly financially literate you would know that.

Furthermore, my issue is about the utility of this endeavor. There are much better uses for these education funds than tricking people into wasting their money on speculative investments.

I'm saying that spending funds on education about crypto currency would be better spent on skills trainings.

And that anyone paying attention could see that.

So the reason I'd imagine someone would do this sort of "education" instead of skills training is greed and self interest.

have you even read what the program is about or did you just get triggered the minute you saw the word crypto? The program will also be teaching them how blockchain works. One of the most in-demand job skills for the past 2 years. I'm at a loss on how you could hate on black people learning new technology that they could start to build careers from, or even just learning about investing, speculative or not.

 

[Dorian Breh]

the Shawn Carter Foundation is worldwide education based initiative. that's all you got? "he didn't single out marcy"

Well this pump and dump scam he's running is singling out Marcy though...

So if you're pre law you get money.. and if you live in the projects you can hold the bag for a Ponzi scheme.

 

[RennisDeynolds]

i still dont know what the blockchain is and not sure that it has helped anything in real life besides being a buzzword for crypto scammers and the like.

yeah some kind of secure record keeping, is anyone using it already?

 

[bourgeoisie tall freak]

Well this pump and dump scam he's running is singling out Marcy though...

So if you're pre law you get money.. and if you live in the projects you can hold the bag for a Ponzi scheme.

there is nothing saying marcy is disqualified from any SCF initiative

 

[the bossman]

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there is a difference between the tech and bitcoin.

exactly. And the program is teaching both:

A spokesperson for The Bitcoin Academy told TechCrunch that participants will be granted a small amount of Bitcoin, but that the project is intended to be educational. The nature of the program will depend on who signs up — for example, they may host a class in Spanish — and will go over the basics of what cryptocurrency is, how does the blockchain work and how to spot a scam. The teachers aren’t necessarily telling Marcy residents to invest in crypto, but it’s not a stretch to see how that sort of guidance can be implied.

Jay-Z, Jack Dorsey launch Bitcoin academy in public housing

Is billionaire-funded crypto education really what low-income people need?

techcrunch.com

How is teaching black folks in the projects about a future in-demand technology a bad thing again?

 

[King Poetic]

nikkas are funny

I remember clearing in the 90s everyone love Jay for him Dame and Biggs hussle and not taking shyt from labels and now he has become large he either Illuminati, sell out, looking out for his own self and fukking people over

nikkas love to hate other blacks once they reach the top

 

[null]

exactly. And the program is teaching both:

Jay-Z, Jack Dorsey launch Bitcoin academy in public housing

Is billionaire-funded crypto education really what low-income people need?

techcrunch.com

How is teaching black folks in the projects about a future in-demand technology a bad thing again?

1. you have been talking about crypto for years and you still do not understand the technology

2. already answered

so he should move crypto to a section about "the future" and he should add a section to discuss "now" money.

 

[the bossman]

i still dont know what the blockchain is and not sure that it has helped anything in real life besides being a buzzword for crypto scammers and the like.

yeah some kind of secure record keeping, is anyone using it already?

a lot of applications in early stages. mostly financial services & supply chain

How Walmart Canada Uses Blockchain to Solve Supply-Chain Challenges

Walmart Canada applied blockchain to solve a common logistics nightmare: payment disputes with its 70 third-party freight carriers. To solve the problem it built a blockchain network. The system has not only virtually eliminated the payments problem; it also has led to significant operational...

hbr.org