Southfield (CW50) – The popularity of cryptocurrencies like Bitcoin has grown significantly since their conception, with the last few years seeing the idea of the virtual money become a mainstream currency. But what exactly is a cryptocurrency and how can it be important for a lot of people’s financial profiles?
Isaiah Jackson, Author of Bitcoin & Black America, joins Jackie Paige on Community Connect to talk about how the growing value and popularity of Bitcoin is good for Black America.READ MORE: Woman Who Shot At Police Killed By Cop At Juneteenth Event
Jackson explains what a cryptocurrency actually is, how and where you can purchase them, and how they can benefit your personal finances and investments. He also talks about how cryptocurrencies have become so popular that some can actually be used in debit form at in-person store across the world.READ MORE: Michigan Reports 327 New COVID-19 Cases, 35 Deaths
Jackson’s book, Bitcoin & Black America, is an overview of cryptocurrencies and how the current money system in a America has been discriminatory toward minorities for decades, and explains how cryptocurrencies are giving the black community an opportunity to close the economic gap and find equality in America’s economy.
Viewers should not act upon this content or information without first seeking appropriate advice from an accountant, financial planner, lawyer or other professional.MORE NEWS: Police Investigating Shootings Across Detroit
Watch COMMUNITY CONNECT, Saturday at 7am on CW50