Get your Bitcoin on! with Angela Yee, Stacey Tisdale, and the Black Bitcoin Billionaires, Lamar Wilson
Get your Bitcoin on! with Angela Yee, Stacey Tisdale, and the Black Bitcoin Billionaires, Lamar Wilson
Cryptocurrency effect on the black economy
By Kellie Taylor
During the pandemic of 2020, Lamar Wilson & Isaiah Jackson founded the largest Bitcoin-based club on Clubhouse, Black Bitcoin Billionaires. Team Mind Money Media spoke with Lamar who shared some insight into what you should know about Cryptocurrency.
Why are so many in communities of color gravitating to Bitcoin and Cryptocurrencies?
Communities of color are finding the cryptocurrency asset class to be far more accessible than other asset classes in the past. Many times certain marginalized communities are kept out of participating in certain asset classes due to their geographical location, income, net worth, and just plain prejudicial bias. Bitcoin allows anyone accesses no matter their race, color, or creed.
What should people consider when they are trying to decide how much to invest in Bitcoin?
Think of it as a savings account. Make it easy. If you only have $10 a week extra to invest that’s enough. I don’t think people should think too hard about making a huge bet. Bitcoin is an asset to be accumulated. I don’t like to “should” on anyone, so it’s up to the individual if they are interested to decide what they can afford to risk.
What's the best way for people to acquire Bitcoin? (hint: CashApp)
CASH APP. CASH APP. CASH APP!
Black Bitcoin Billionaire has partnered with Cash App to get Bitcoin into the hands of black families. Download the Cash App here to become a Satoshi Millionaire. Using this button below you may be eligible for free $5.
What is the most important piece of advice you could give people when it comes to investing in Bitcoin?
Take your time and get educated. Have a goal of controlling your own wallet.
Want to learn more about cryptocurrency?
Sign up for Lamar course Bitcoin-101 class, discounted for Breakfast Club listeners.
Use code "BBB" at checkout, save $100!
Check out Lamar's interview on the Breakfast Club down below!
