Black Americans are changing the face of crypto and blockchain through education
In honor of Black History Month, Cointelegraph is recognizing Black Americans who are innovating in the blockchain and cryptocurrency space. Despite there still being work to be done to further diversify the crypto space, many believe the blockchain sector is generally more diverse than other tech industries. This could be because cryptocurrency boasts financial inclusion and the democratization of global economics, attracting a wide variety of people from various nationalities, ethnicities, genders, etc., from around the world.Among this diverse group of participants, Black American....
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Black and LBGTQ Americans are more than twice as likely to invest in crypto than White Americans. A survey provided to USA Today by Harris Poll has found that Black, Hispanic, and LGBTQ Americans are significantly more likely to own crypto assets.According to surveys of 2,010 and 2,003 U.S adults conducted during June and July, 23% of Black Americans and 17% of Hispanic Americans indicated they are currently invested in digital assets, compared to only 11% of white Americans, and 13% of the general public. 25% of LGBTQ respondents also said they hold crypto.Cryptocurrency awareness is also....
Bitcoin represents an opportunity for financial freedom, education and inclusion for African Americans.
Black Friday becomes an ever more popular event with early Christmas shoppers each year, especially during the last decade. Americans traditionally venture out from their homes in vast numbers on this day, to trample over each other in jam-packed stores just to save $20 on a Crock-Pot or an electric razor. The number of injures, both serious and life threatening, not counting those caused by traffic accidents, reaches new heights each year. The internet is changing the dynamics of holiday shopping all over the world, also affecting Black Friday. The problem for merchants is discount rates.....
The poll seems to indicate that crypto investors skew younger and more male than the population as a whole. A survey released by the Pew Research Center on Thursday found that roughly 16% of Americans have invested, traded or used some form of cryptocurrency. The number jumps to 31% for people aged 18–29, and even higher to 43% for males in the same age bracket. Black, Hispanic and Asian participants in the study were also each more likely to have invested in crypto than those who identified themselves as white. There seems to have been no disparity by income. Pew Research Analyst Andrew....
Crypto education could be key to promoting financial empowerment and increasing mass adoption across Latin America — if we do it right. In October 2021, it was estimated that approximately 15% of the world’s supply of Bitcoin (BTC) was in circulation in Latin America. According to a recent report released by Crypto Literacy, however, 99% of Brazilian and Mexican respondents failed a basic assessment on crypto literacy. Crypto adoption is well underway across the region — on the rise even — but, people still lack a basic understanding of its underlying technology and use cases. When this....