NPR hawking crypto — Puff piece saying crypto helps BIPOC

[Anonymous]

Anonymous wrote:The white men who control crypto need new buyers to protect their Ponzi scheme.

Bingo

[Anonymous]

Anonymous wrote:Why can't she participate in the stock market? This makes no sense / do any of the brokerages check to see the color of your skin before taking your money?

When you market something as helpful to BIPOC you have to say you are locked out or don't have access to the alternative. I'm not really surprised NPR allows a Ponzi scheme targeting black people especially since they target women with anti-vax messaging as well as other health/wellness scams.

[Anonymous]

I heard this on the radio and when the idiot was talking, I was rolling my eyes so hard. Her only talking point was: "Blacks, Hispanics and Asians have been shut out of more traditional banking and loan opportunities, so it makes sense they'd go after crypto. With no word on how SPECULATIVE it is, no word on the financial risk.

Oppressed communities ALWAYS get the short end of the stick. But that doesn't mean you need to mindlessly take enormous risks by investing in crypto.

As a mixed-race person, I've built my wealth around investing by myself with online trading accounts. The fees are very low, and no one is there to tell you what to do. You invest at your own risk, so you have to do a lot of research, but at least you are FREE. There is ZERO barrier to entry with that kind of investing, and it's something this interviewee apparently ignores completely.

[Anonymous]

Why does Leila Fadel pronounce her last name with an N? Leila Faden? Makes zero sense.

At least she's not noel KING!

[Anonymous]

Anonymous wrote:Pot investing will be next.

Then tulips in Holland.

Perhaps the SEC needs to have a word with NPR.

[Anonymous]

Anonymous wrote:The white men who control crypto need new buyers to protect their Ponzi scheme.

I think we can get a bit more specific than this.

[Anonymous]

Wow, this is so messed up. Targeting an already financially struggling minority group that has historically not had equal access to education around finance and investing vehicles? And then telling them crypto, a highly volatile and risky product, is some kind of solution? There are great, easy to understand educational resources provided by brokerage firms and online that can direct new investors without experience towards securities that can help them achieve their goals. Hawking crypto as a solution to income disparity between racial groups is deeply unethical.

[Anonymous]

Some people target extremists with scams. Just like how "gold dealers" went after the Fox News crowd, the tech bros send their paid D&I consultants to NPR to hawk their crypto to vulnerable populations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The white men who control crypto need new buyers to protect their Ponzi scheme.

Bingo

Can you explain how they forced POC to invest? I’m confused.

[Anonymous]

Anonymous wrote:I heard this on the radio and when the idiot was talking, I was rolling my eyes so hard. Her only talking point was: "Blacks, Hispanics and Asians have been shut out of more traditional banking and loan opportunities, so it makes sense they'd go after crypto. With no word on how SPECULATIVE it is, no word on the financial risk.

Oppressed communities ALWAYS get the short end of the stick. But that doesn't mean you need to mindlessly take enormous risks by investing in crypto.

As a mixed-race person, I've built my wealth around investing by myself with online trading accounts. The fees are very low, and no one is there to tell you what to do. You invest at your own risk, so you have to do a lot of research, but at least you are FREE. There is ZERO barrier to entry with that kind of investing, and it's something this interviewee apparently ignores completely.

Part of me wonders if some people are simply more prone to get rich quick schemes. Crypto promised massive returns quickly. Rather than long term investing and saving and learning about bonds and diversification etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Pot investing will be next.

Then tulips in Holland.

Perhaps the SEC needs to have a word with NPR.

Hello. People already invest in penny pot stocks.

[Anonymous]

Anonymous wrote:Wow, this is so messed up. Targeting an already financially struggling minority group that has historically not had equal access to education around finance and investing vehicles? And then telling them crypto, a highly volatile and risky product, is some kind of solution? There are great, easy to understand educational resources provided by brokerage firms and online that can direct new investors without experience towards securities that can help them achieve their goals. Hawking crypto as a solution to income disparity between racial groups is deeply unethical.

What about self accountability? I mean investing is risky for everyone. What about focusing on choices individuals choose to make and sort of not infantilism them in perpetuity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The white men who control crypto need new buyers to protect their Ponzi scheme.

Bingo

Can you explain how they forced POC to invest? I’m confused.

How racist of you to not realize.

/s

[Anonymous]

Anonymous wrote:wow this is just … major anti-vaxxer vibes.

“FADEL: I mean, the perception is, is that crypto is much more volatile than traditional markets. Is that the case?

MESIDOR: Again, depending on your relationship with money, depending on your relationship with traditional finance. As a Black woman who has a master's degree, who's middle class, the traditional financial markets is riskier to me than cryptocurrency is. I have never been able to fully participate.”

What’s bizarre about this claim is that crypto involves jumping a lot more technical hoops than regular investing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:wow this is just … major anti-vaxxer vibes.

“FADEL: I mean, the perception is, is that crypto is much more volatile than traditional markets. Is that the case?

MESIDOR: Again, depending on your relationship with money, depending on your relationship with traditional finance. As a Black woman who has a master's degree, who's middle class, the traditional financial markets is riskier to me than cryptocurrency is. I have never been able to fully participate.”

What’s bizarre about this claim is that crypto involves jumping a lot more technical hoops than regular investing.

Not really. Yes to actually own your own coin or mine yes, you need a wallet and a secure to save passwords. But for most people they login to Robonhood and link a bank account and they can “own” crypto that afternoon (since Robinhood floats you margin by default no waiting for ACH). Of course not your keys not your coins but that’s it