Jay-Z and Jack Dorsey criticized for launching ‘Bitcoin Academy’ in Marcy Projects.

You be surprised at what people really want to learn when the mentoring program I was working with was running at full speed Finance and understanding crypto was one of the top thing they wanted understand. Most all of them had Cashapp and never knew they could invest with it.
 
Facts. I'm all for teaching financial literacy, but if you're in the projects chances are you don't have a lot of disposable income to invest in a mutual fund, let alone something as volatile as crypto. Shit they might not even have an emergency savings fund.
Good point.

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JayZ is a successful business man/entrepreneur. Not the Government. He's sharing what he knows. You stupid cunt.
I’m surprised you don’t have that miserable cracka on ignore. The ONLY thing that simple minded white man talks about is pro Republikkklan politics and whines and cry’s about everything like a weak beta male bitch. Which is typical of cac males they always blame other people for their shitty life. That faggot is actually posting anti Democrat tweets randomly in the Jan 6 thread. You need to go ahead and ban this faggot for trying to spread bullshit to keep blacks from voting like the agent honky he is
 
THIS is some BOSS shit. Teaching them how to fish, teaching them a trade that will pay them for life... Salute.

On another note, about Jay, I do have my hesitancy due to what he was doing years ago with the mortgage stuff he was doing "helping" low income folks but it was really predatory lending. So there's that.

As much as a forever Jay fan that I am?

It is VERY difficult for me to let that one go.
 
Yep and we Brooknam all day.

Other thing is the questionability of Jack "helping us" and his enabling of pedo crap on Twitter over the years. But we ain't gonna speak on that.

Bro... you killing me here.

I got nothing.
 
How can people make money with no income? You want poor people to spend their last on Bitcoin? LMAO
They are teaching financial literacy. You know. The shit that some doctors and dentists don't even have. Financial literacy is the fucking gift that keeps giving.

That don't mean the folks have to invest in bitcoin, but they would understand why SOME people feel bitcoin is the answer to the fiat system. They would understand money better.

Anyone who seriously learns about bitcoin automatically learns about the debt-based money system we have. And anyone who says that isn't valuable doesn't know shit. Because the receipts are all on this board that people who understood how this system worked knew inflation was coming when we were in asset inflation.

There are kids that aren't going to be in the fucking projects forever. They should have a chance to learn what some never fucking learn.
 
They are teaching financial literacy. You know. The shit that some doctors and dentists don't even have. Financial literacy is the fucking gift that keeps giving.

That don't mean the folks have to invest in bitcoin, but they would understand why SOME people feel bitcoin is the answer to the fiat system. They would understand money better.

Anyone who seriously learns about bitcoin automatically learns about the debt-based money system we have. And anyone who says that isn't valuable doesn't know shit. Because the receipts are all on this board that people who understood how this system worked knew inflation was coming when we were in asset inflation.

There are kids that aren't going to be in the fucking projects forever. They should have a chance to learn what some never fucking learn.
And learning this is going to do what for them? Crazy thing is most of these kids know all about Bitcoin because they use it to scam.

Financial literacy is bullshit. That's not how Jay z or any of these so called self made dudes made their money. It wasn't because they were financially literate. It's a pay gap issue not a literary issue. Pay people a decent wage. Poor people are usually more literate financially than most because they have to learn fast how to stretch a dollar to survive
 
And learning this is going to do what for them? Crazy thing is most of these kids know all about Bitcoin because they use it to scam.

Financial literacy is bullshit. That's not how Jay z or any of these so called self made dudes made their money. It wasn't because they were financially literate. It's a pay gap issue not a literary issue. Pay people a decent wage. Poor people are usually more literate financially than most because they have to learn fast how to stretch a dollar to survive
You're wrong. Financial literacy is EVERYTHING. Cats on this very board made 6-7 figures the last few years because of financial literacy. People don't live check-to-check because of financial literacy. There are threads dedicated to it.

On the flip side, athletes, doctors, dentists, and other people end up struggling because of being financially illiterate. I got a doctor in my family who is financially illiterate and it has cost him.

And yeah, folks might know some surface-level shit about bitcoin and crypto, but that doesn't mean they are financially literate. That's like saying all the retail traders using robinhood were financially literate when they didn't know shit about market cycles and what would happen with the Fed raising rates. You know, like how most Americans have no fucking idea how inflation is fought so they buy what MSM is selling them. Those people are financially illiterate. Do you want that for your folks?

I don't get why you are against education. Financial literacy is the shit.
 
You're wrong. Financial literacy is EVERYTHING. Cats on this very board made 6-7 figures the last few years because of financial literacy. People don't live check-to-check because of financial literacy. There are threads dedicated to it.

On the flip side, athletes, doctors, dentists, and other people end up struggling because of being financially illiterate. I got a doctor in my family who is financially illiterate and it has cost him.

And yeah, folks might know some surface-level shit about bitcoin and crypto, but that doesn't mean they are financially literate. That's like saying all the retail traders using robinhood were financially literate when they didn't know shit about market cycles and what would happen with the Fed raising rates. You know, like how most Americans have no fucking idea how inflation is fought so they buy what MSM is selling them. Those people are financially illiterate. Do you want that for your folks?

I don't get why you are against education. Financial literacy is the shit.
I'm not against education. I teach investing to my students. I'm against black capitalism as a solution to poverty. It's never worked and it won't work for the group. It's rugged individualism. So when it's pitched to the poor as a solution to their ills I disagree. People need jobs, better housing.
 
All these tweets you keep posting is stupid. Financial literacy is something everybody should learn.

The Jay Z hate is out of control. It's like if he said he is giving water to the community, you would say 'look, he not giving them Figi water, he giving them Dasani".

You going to hate whatever he do.
Is learning how to trade Bitcoin going to help poor people not become poor? Oh I get it it's the new lotto.
 
You sure about that, bruh? If you have a dollar in your pocket right now, take it out and read it.

"This note is legal tender for all debts, public and private".

The dollar is guaranteed by the US government.

Go learn some more about economics basics from Instagram...lol
What is the government actually guaranteeing? Give it to the government and what will they give you in return? It used to be gold. You could actually take that 20 dollar bill to the bank and get the equivalent in gold. The dollar is a fiat currency backed by nothing except the faith you have in the U.S. government. It's lost over 90% of its purchasing power since the Fed was created. It will eventually go to zero like every other fiat currency in the history of the world. We've been off the gold standard since the 70's. The dollar is the world's reserve currency due to the petro dollar arrangement. That's it. The dollar is literally printed out of thin air by the Federal Reserve who does nothing to create value. Actually they just type numbers into a computer and create the reserves for commercial banks.
 
Crypto is a speculative currency play backed by nothing and regulated by no one.

Do you crypto bros disagree with any part of my statement?
I can answer this. People hear “ cryptocurrency” and think money. 99% of cryptos are not trying to compete with the dollar as a medium exchange like bitcoin is. The vast majority are utility tokens (like Ether) that are used for paying for services on the underlying network. DLT (distributed ledger technology) is a new technology platform that decentralized applications (dapps) are being built on top of. Crypto is just one application being built on blockchain and other types of DLT. Just like the internet was a tech platform that email, streaming video etc. is built on top of. So when you invest in cryptocurrency you are speculating that the underlying network will achieve enterprise adoption with massive amounts of value moving on the network, THEREFORE the token will have value. Just like it took a while for the internet to develop into what it is today, same thing for blockchain. It’s not get rich quick like some people seem to think. Not a lot of real world usage at the moment. What we see in the market now is just speculative trading. So if you know what you’re doing, crypto investing is searching for the next Amazon, ebay, Facebook etc. that will be built on decentralized networks. Think of yourself like your own venture capitalist. Don’t get caught up in the word “currency.” And it's actually regulated by the SEC and CFTC.
 
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Crypto is a speculative currency play backed by nothing and regulated by no one.

Do you crypto bros disagree with any part of my statement?
Don’t understand this argument. There are alot of bad stock investments that no one should touch, but you can still legally invest in. Just because it's regulated, doesn't mean it's safe. Look at all the folks that lost money in the Wall Street bets era.
How those Peloton investments looking these days?

I said it before and I say again, you can't keep bringing up regulation as a selling point, if Congressional folks can constantly do trades off of insider information that you and I can't do.

For what it's worth, there is some regulation as we see with Ripple being sued by the government for possible illegal security trading. Coinbase would have never been allowed to be a publicly traded company, if they didn't follow certain government guidelines. All the major US exchanges follow KYC rules. And the oil companies were more than happy when the government stepped in to get back the money they paid in bitcoin for ransom.

The problem with crypto haters is that they argue against it without really understanding that the true end game in crypto is some of the tech that is challenging the traditional banking and money exchanging systems.
 
I don't think they need to better under stand finances without any capital. They need jobs and better living situations. Crime is a product of poverty and unemployment.
You really don't see the irony of saying folks need jobs, when in the US, jobs are dependent on Capitalism, which you hate?
 
this looks good...
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Lamar Wilson has been in the crypto game for a minute. I became familiar with him when he was working with Boyce Watkins for a while (that didn't last long).
 
I normally don't involve myself with anti-crypto talk. Typically it always turns into show the money, some old rich guy says its dumb or the three people I know lost 200 so its a scam. Ironically, some of these same people will later reach out when the market is performing better asking for the best picks and saying they should have gotten involved earlier. The same people will cry about losing money because they invested during a peak market or they put their money into something cheap in an attempt to get rich quick.

As a kid, I remember being told the stock market was a scam and evil rich white people took advantage of poor people or it wasn't worth a regular person doing. It goes without saying I somewhat listened to those thoughts. Some of the people saying this were educated professionals, so i assumed they knew better than i would. The other thing I assumed was that you needed some form of formal education or a license to trade.

Luckily due to the easier access from different platforms I started to slowly invest. Mind you I'm already in my mid 20s at that point. In the beginning, I didn't have much money to invest, but it was enough to care about losing so I educated myself more about what I was doing. Once I got comfortable I decided I get a side gig to not only reduce my debt but so I could have more disposable income to invest long-term without needing to remove anything from the market. Overtime I actually started making money with stocks and used the profits from my investments to pay off all my remaining debt. Later because of this board I felt comfortable enough to risk some funds in the crypto market and my returns from crypto were life changing. Off the top of my head I've been investing for around 15 years and started late due to adults telling a pre-teen me it was a waste of time.

Poor people stay poor because they are trained to believe not matter what they do it won't change their station in life. You're trained to purely focus on traditional paths to success or being an entertainer is the only way to get money without a formal education. Is everyone going to become a millionaire from investing in the stock market or crypto. It isn't likely, but letting kids know that they can legally start investing is an alternative to training them to turn to crime or an entertainer as a first option to escape poverty.

Before I even officially got out of high-school I was offered a credit card as if it was free money. Luckily, my mother knew enough to warn me not to fall for the trap; not that she needed to do so. Yet no one came to me to teach me anything about being financial responsible.

For those of you saying poor people don't have disposable income, they can get more money. To me, its just another excuse to keep poor people from even trying to better themselves. The goal is to improve your finances overtime; not over night. Even if they never get the disposable income, they can teach their kids what they've learned and the kids can use those tools to be successful or just know there are alternatives to what is traditionally taught as successful ways to get out of poverty.

Throughout history people have called different things scams or it won't last like the internet. I remember when Tesla was between 15 to 30 and people said it would fail. Today, people are still saying the same thing, but clearly these people cost some people an opportunity as of today regardless of what may happen in the future. I can't say if crypto will become the future of money or just another fad, but I know there is currently an opportunity to make money now.
 
I don't think they need to better under stand finances without any capital. They need jobs and better living situations. Crime is a product of poverty and unemployment.

Agreed. Crime is a big deal as well. For me managing money properly would have saved me a whole lot of drama early on. When my money is right I make better decisions. Saw this article 1st thing this morning and again, wish I had someone to help a brother out.

21 Savage Shares Text From Jay-Z on 3 Things He Spends His Money On | Complex

21-savage-jay-z-text





21 Savage Shares Text From Jay-Z Explaining Why Having a Doctor, Lawyer, and Chef Is Important

BYBRAD CALLAS
.
Jun 10, 2022


During a recent appearance on My Expert Opinion with Math Hoffa, 21 Savage opened up about a discussion he had with Jay-Z regarding the top three things he should spend his money on.

“He just told me his top three things he spend his money on type shit,” 21 explains at around the 2:25 mark of the above clip. “We didn’t really have no financial conversation.”

Savage went on to reveal Jay-Z’s top three, which included a chef, doctor, and lawyer. He also joked that Hov’s doctor is significantly different than the Atlanta rapper’s doctor.

“He got a different level of doctor though. His doc and my shit is different,” 21 said, before saying that Jay’s doctor has the ability to “give you surgery at your house type shit.”

21 subsequently took to his Instagram Stories to share a picture of a conversation he had with Jay-Z, where Hov lists out the top three things he spends his money on and why.
“Can’t make no money / or spend money with your health ! Ha,’ Jay wrote in the text. “Freedom / lawyer / deals / lawyer... Chef / quality of life,” he continued.

Elsewhere in the interview, Savage said him and Jay spoke about art. “He was telling me about art...I started investing in art and shit,” 21 said.
When asked if Jay discussed the world of NFTs with him, 21 revealed the conversation took place back in 2019, when NFTs hadn’t yet blown up.
Since he’s taken Jay-Z’s advice, 21 Savage says he has seen a difference in his quality of life.
“Hell yeah,” he shared. “I had a lawyer, but the chef, hell yeah. I eat cleaner. I don’t really got to leave the house as much...the doctor is convenient too. I hate hospitals and shit. It’s good to have on call.”
Check out 21’s full discussion about Jay-Z up top.
 
Our folks about to be in line for Popeyes Chicken, and we really believe we about to overthrow capitalism? The problem is our folks continuously think collectively as a young people. That is a problem. The revolution is financial, but that way of thinking is not young. The only reason we fail in capitalism is because we give it back, and or dont monetize it. Just imagine if the 80s to now we have financially literate athletes and entertainers...





THIS is my point. Im an entrepreneur but my moms was like yo College college college. I did it, got a Masters, and was walking around broke as a joke with a prestigious position while my man at the crib was selling fish on the corner making 4x more than me. He purchased BUILDINGS in the BX and was CHILLING. We use to apartment hop and he would have PS2/3 in there we drinking eating, and go to another spot for an hour. I soaked up the game from him.

FF quit career and looked at my retirement and was like HOLY SHIT. Im 40 and have NOTHING. Got literate real quick just because I had too, and had the habits from school to study research and was juts disciplined. In 3 years I was good on retirement. 7 years deep, I can hang up my work days by 50 God willing. I wont but just saying literacy is EVERYTHING. I invested Heavy, purchased a home and started a couple of other business.

Thats from financial education. If you are a business owner you see parallels in ALL businesses, if you can learn one finical piece you can learn the rest. You think if cat learns BTC he not gonna be interested in stocks, and anything that gives you a return?


Bra, first off



Master's degree!!! To me, that's a great accomplishment. Congrats on that. Much respect. 100 on everything you said. Keep striving to be your best brother.
 
I normally don't involve myself with anti-crypto talk. Typically it always turns into show the money, some old rich guy says its dumb or the three people I know lost 200 so its a scam. Ironically, some of these same people will later reach out when the market is performing better asking for the best picks and saying they should have gotten involved earlier. The same people will cry about losing money because they invested during a peak market or they put their money into something cheap in an attempt to get rich quick.

As a kid, I remember being told the stock market was a scam and evil rich white people took advantage of poor people or it wasn't worth a regular person doing. It goes without saying I somewhat listened to those thoughts. Some of the people saying this were educated professionals, so i assumed they knew better than i would. The other thing I assumed was that you needed some form of formal education or a license to trade.

Luckily due to the easier access from different platforms I started to slowly invest. Mind you I'm already in my mid 20s at that point. In the beginning, I didn't have much money to invest, but it was enough to care about losing so I educated myself more about what I was doing. Once I got comfortable I decided I get a side gig to not only reduce my debt but so I could have more disposable income to invest long-term without needing to remove anything from the market. Overtime I actually started making money with stocks and used the profits from my investments to pay off all my remaining debt. Later because of this board I felt comfortable enough to risk some funds in the crypto market and my returns from crypto were life changing. Off the top of my head I've been investing for around 15 years and started late due to adults telling a pre-teen me it was a waste of time.

Poor people stay poor because they are trained to believe not matter what they do it won't change their station in life. You're trained to purely focus on traditional paths to success or being an entertainer is the only way to get money without a formal education. Is everyone going to become a millionaire from investing in the stock market or crypto. It isn't likely, but letting kids know that they can legally start investing is an alternative to training them to turn to crime or an entertainer as a first option to escape poverty.

Before I even officially got out of high-school I was offered a credit card as if it was free money. Luckily, my mother knew enough to warn me not to fall for the trap; not that she needed to do so. Yet no one came to me to teach me anything about being financial responsible.

For those of you saying poor people don't have disposable income, they can get more money. To me, its just another excuse to keep poor people from even trying to better themselves. The goal is to improve your finances overtime; not over night. Even if they never get the disposable income, they can teach their kids what they've learned and the kids can use those tools to be successful or just know there are alternatives to what is traditionally taught as successful ways to get out of poverty.

Throughout history people have called different things scams or it won't last like the internet. I remember when Tesla was between 15 to 30 and people said it would fail. Today, people are still saying the same thing, but clearly these people cost some people an opportunity as of today regardless of what may happen in the future. I can't say if crypto will become the future of money or just another fad, but I know there is currently an opportunity to make money now.
What kind of idiots are you hanging around who call the stock market a scam when you can actually see what you’re investing in and track the performance and participate in share holder meetings? Not to mention the millions of people who have gotten rich off the market world wide.
 
Fam our folks cant wait to attack our own, before its even up and running lol.

Lot of folks here really out of touch with and or do not know what NYC projects are like. This notion that people in low income housing do not have income is just not true. Go to the PJs and see how many people in REAL Gucci, Real J's, Real trash diamonds, there is money in the low income areas its just not allocated to the proper investments. I grew up in several projects in NY, but moms and pops were financially literate and understood the value of getting house. Seems like people are caught up on bitcoin but it doesnt seem like its just that. Imagine if our folks just took 1/10 of what we spent on Luxury Euro and invested in some BTC, or stocks, or etf?

Only our folks will find a way to criticize someone Black from the community trying to educate our own.

I have some BTC/ADA/ETH Im not super invested but I do realize it is here to stay in some form or fashion, Im a dinosaur but I still try and stay in the mix when it comes to financial literacy.

Peace



Agreed!
 
They are teaching financial literacy. You know. The shit that some doctors and dentists don't even have. Financial literacy is the fucking gift that keeps giving.

That don't mean the folks have to invest in bitcoin, but they would understand why SOME people feel bitcoin is the answer to the fiat system. They would understand money better.

Anyone who seriously learns about bitcoin automatically learns about the debt-based money system we have. And anyone who says that isn't valuable doesn't know shit. Because the receipts are all on this board that people who understood how this system worked knew inflation was coming when we were in asset inflation.

There are kids that aren't going to be in the fucking projects forever. They should have a chance to learn what some never fucking learn.

It’s crazy you say that because I was speaking to a accountant that said doctors and dentists were the first to lose everything during the recession because of financial illiteracy. They make so much money that they just spend, spend spend.
 
Is learning how to trade Bitcoin going to help poor people not become poor? Oh I get it it's the new lotto.

Maybe...or It could spark an interest in stocks and general investments, real estate...

You just have NO expectations of us possibly achieving more, and think we should just be dependent on the state for all of our needs, and have to constantly be begging for more.
 
You really don't see the irony of saying folks need jobs, when in the US, jobs are dependent on Capitalism, which you hate?
So because I hate capitalism I shouldn't want poor people to have jobs? As a socialist I am all about workers and unions. In this case jobs, training, money, is worth way more than learning how to invest in Bitcoin
 
Providing jobs along with knowledge so poor people can use this knowledge to invest would be ideal. Providing knowledge to starving poor people who don't know where their next meal is coming from but will know how to buy a Bitcoin Is foolish
Is he teaching it on skid row? Who the hell dont know where their next meal is coming from?
 
Maybe...or It could spark an interest in stocks and general investments, real estate...

You just have NO expectations of us possibly achieving more, and think we should just be dependent on the state for all of our needs, and have to constantly be begging for more.
Sparking an interest is great..where is the money coming from? The sky? You make wild assumptions. Never said we should be dependent on the state. I really don't think you have a clear understanding of what socialism is and that's ok I'm here to help.

Socialism isn't about state ownership of anything. It's about workers owning the means of production. It refers to a movement for the advancement of working class interests and the liberation of the working class from the oppression and exploitation of the class system, whether the exploiting class is capitalist or bureaucratic.

So socialism isn’t about “ownership”. Socialism is about power — the power of the working class to control their own work and to control the labor process and to control the society, and thus to get rid of its status as a subordinate class.
 
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