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.
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.”
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.
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.
Anonymous wrote:Anonymous wrote:Pot investing will be next.
Then tulips in Holland.
Perhaps the SEC needs to have a word with NPR.
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.
Anonymous wrote:Anonymous wrote:The white men who control crypto need new buyers to protect their Ponzi scheme.
Bingo
Anonymous wrote:The white men who control crypto need new buyers to protect their Ponzi scheme.
Anonymous wrote:Pot investing will be next.
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?
Anonymous wrote:The white men who control crypto need new buyers to protect their Ponzi scheme.