Why is Bitcoin so popular with black people?

[Koba St]

Compared to other investments

 

[hatealot]

How the fukk did they even quantify this?

I see a report linked I'll read into it. Alot of these statistics be bullshyt with their samples


Methodology:
This poll was conducted between October 29-November 1, 2021 among a sample of 549 Black
Adults. The interviews were conducted online and the data were weighted to approximate a tar￾get sample of Black Adults based on gender, educational attainment, age, race, and region. Results
from the full survey have a margin of error of plus or minus 4 percentage points.

 

[I Really Mean It]

Easy comeup if you know what you’re doing.

 

[ℒℴѵℯJay ELECTUA]

because sheep follow sheep..

basically!

 

[Paper Boi]

3/10 and 2/5 only a 10 percent difference lol




anyway if you have to ask it's not for you

 

[Ya' Cousin Cleon]

one of a few trends brehs are doing that's a positive imo

 

[Take It In Blood]

I don't understand digital currency and I'm not ashamed to admit it

none of it makes sense to me, Just give me something real i can put in paypal to order some pizza

 

[CrimsonTider]

Desperation always leads to seeking out get rich quick schemes and lotto dreams

 

[RARI_Godwind]

1.Cryptocurrency is a cult.
2.There’s no barriers to entry based on race.
3.It’s decentralized so individuals can gain and spend as they please without discrimination or disruption.

 

[Able Archer 83]

It's a hustle.

 

[ImLionyall]

Easy comeup if you know what you’re doing.

So is selling pills

Minorities are flocking to bitcoin because its a borderline get rich quick scheme. There's too much risk to bet your time and money on. Plus cacs aren't in the way, unlike how the traditional markets are. If I want to giveaway 2k of my hard earned money, no one will stop me.

 

[Seoul Gleou]

investing/trading as a whole has become incredibly accessible, overall.

im not entirely surprised at the opinions in here so far, as ignorant as they are. but i reckon black people are just part of the greater society participating in a new type of investment. black people have been left out of or bullied out of many investment opportunities in america so far. it's harder to do that now, so i fully support it.

i think the methodology for determining this "popularity" is sketchy as hell but i do hope black people invest in crypto overall

 

[ORDER_66]

I could explain it but haters call it a Ponzi scheme meanwhile people making bread in a legit fashion if you know what you doing and follow the rules. The volatility is a double edged sword but when it hits you hit... plus you dont need alot of money to invest just patience.
And this is a very good thing wall street has propped up white companies and hedge funds and white people since the beginning crypto should even the odds just a little bit. fukk the naysayers do what you need to do

 

[Wiseborn]

because sheep follow sheep..

basically!

Yep basically a bunch of "Black Influencers"promoted it on social media.

Wild swings in value makes it seem like an easy come up.

 

[tuckgod]

nikkas gone put they all into it and have their family end in a FEMA camp once the rug gets pulled.