Jay? I dont have all those answers but all I know is by me mining crypto myself its much more satisfying. I watch that white guy invest $8k all into Doge coin and now this pink mf is a billionaire. Plus I am in this for the super long haul (if I make it).How? Beyond simple talking points, how does it help Black Americans? Think of it like this:
These two factors mean that Black Americans are having to work more hours to sustain their lifestyle from 5 years ago.
- Wages are stagnant
- Cost of Living is increasing
Bitcoin is an investment for all intents and purposes...from a financial standpoint it's akin to investing in the stock market or putting money in a Roth IRA. How is increasing your investment in a time of crunch a realistic strategy for Black Americans? How does investment help them stay or become Cash Flow Positive?
You have to have those answers if you're proselytizing it. How can you be sure it's a game changer if you can't answer any questions about the game? These are basic questions and we HAVE to vet each other like this to ensure we are spreading good information to one another.Jay? I dont have all those answers but all I know is by me mining crypto myself its much more satisfying. I watch that white guy invest $8k all into Doge coin and now this pink mf is a billionaire. Plus I am in this for the super long haul (if I make it).
In a minute NFT will be traded/sold like sports cards (But no bubble gum comes with this) of the rare type will be collected.
I finally showed my grandmother crypto money was real af, I transferred $300 off my miner on to my debit can bought them all steak and lobster dinners. And it was then and ONLY then my granny understood that I was making legal money.
From what I dug up, owning some bitcoin mining rigs would be the only way I would get in it. The article i was reading was stating there is a set number of bitcoins.And when the last is minted it over. But im sure some of you all know more about it then me
Remember the dot com bust? How can you be so sure this ain’t that on steroids? What research have you‘ve done on the long term prospects on crypto?This very could be a game changer. I have been talking to my ppl for years and they still look at me like I have 3 heads. This isn't "dirty money" and this has NOTHING to do with money laundry. Yes bitcoin did start with illegal activity but it's much much bigger than that NOW.
How Bitcoin Can Be A Game Changer For FBA's
I fully overstand what you mean Jay. I pulled out of the stock market and spread it around, some in Bitcoin and some in ETH. My coinminer 1 is making money mining ETH which is 2nd to bitcoin. When they airdrop coin I want to be there for that free money. All these coins and tokens for me is for the long run.You have to have those answers if you're proselytizing it. How can you be sure it's a game changer if you can't answer any questions about the game? These are basic questions and we HAVE to vet each other like this to ensure we are spreading good information to one another.
I don't doubt that you can win trading Bitcoin but how does that help a poor person? It's like pushing the stock market to someone who can't afford to pay their bills. Investments are typically made with money you CAN lose but you're talking to a demographic that doesn't really have that capability.
If you're cash flow negative or break even how does Bitcoin help one fix that issue? If you can't answer that then you should not state that it is a game change for Black Americans. It would be more accurate if you changed your messaging to something like "Why Bitcoin should be in your Investment Portfolio".
That way you're talking to individuals who are already investing and potentially have money to lose. But then you need to be ready to answer questions about Y/Y Returns, Yields, Carrying Costs, etc.
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