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Let’s say Im building a startup specifically to solve the issue of “Black dollars” not circulating in predom. AA/Black communities
Hypothesis: Fiat currency has physical limitations as to how it circulates & its reach, digital currency may not *if the infrastructure is there.
Hypothesis: Fiat currency has physical limitations as to how it circulates & its reach, digital currency may not *if the infrastructure is there.
We know historically/culturally AA/Blacks/ADOS have a visceral distrust of most institutions.
In our case, Banks. Makes sense the history of redlining, freedman’s bank, etc etc
Crypto is digital currency. Crypto takes the middle man out, i.e.
the bank.
#buildinpublic #soul
In our case, Banks. Makes sense the history of redlining, freedman’s bank, etc etc
Crypto is digital currency. Crypto takes the middle man out, i.e.
the bank.#buildinpublic #soul
Let’s assume, now, that I’ve spent the last 4 years building the infrastructure, onboarding sm. busin. that will honor/accept this currency.
Criteria for being onboarded as an entity into this network:
1. Black owned
2. Located in an AA comm.
#Fintech #BlackTechTwitter
Criteria for being onboarded as an entity into this network:
1. Black owned
2. Located in an AA comm.
#Fintech #BlackTechTwitter
Now! You’re a crypto enthusiast who wants to see black folks own their equity and ultimately their culture...
You want to partake! In fact, you’re ecstatic that there’s a currency w/this sort of impact out there.
Which name would stand out to you?
#Crypto #blackowned #randb
You want to partake! In fact, you’re ecstatic that there’s a currency w/this sort of impact out there.
Which name would stand out to you?
#Crypto #blackowned #randb
If you want to know the thinking behind them...
TifOz - TIF (tax increment financing) and OZ (opportunity zones) ... just because it really pisses me off that CDFI’s in our community face obstacles acquiring investment which negatively affect their impact
#communitydevelopment
TifOz - TIF (tax increment financing) and OZ (opportunity zones) ... just because it really pisses me off that CDFI’s in our community face obstacles acquiring investment which negatively affect their impact
#communitydevelopment
Cheddar coin and Duckets - An attempt to use popular culture so users can easily relate or find humor in.
Milieu - I was inspired by a docu-series on Pres. Reagan lol & this word was used. I looked it up & it means “a person’s social environment.” Thought that was kind of ironic
Milieu - I was inspired by a docu-series on Pres. Reagan lol & this word was used. I looked it up & it means “a person’s social environment.” Thought that was kind of ironic
Especially seeing how he could literally be blamed for destroying the middle class and ya know ... helping bring crack to black communities ... which is probably one of the reasons we’re where we are now w/ the racial wealth gap
... anywho
lmk what you guys think
#blacktravel
... anywho
lmk what you guys think#blacktravel
