Author Isaiah Jackson came to a resolution that Bitcoin is the only solution to address wealth inequality among Black Americans in an interview conducted with him.
In his book, Bitcoin and Black America, Isaiah Jackson explained during a podcast with Peter McCormack that Bitcoin is of great advantage to the capital of the black people of America, amidst the digital revolution of currency.
He also went further to address the fact that entrepreneurs can accept cryptocurrency and laid emphasis on key figures in the crypto space.
Jackson clarified this point when he affirmed that he is an individual who sees light at the end of every tunnel and one of the things he ever wanted to do, was offer resolutions to people not minding their various locations.
He further added that people believe that they are knowledgeable about Bitcoin space, but the reverse is the case.
In order to offer solutions to ensuring incessant growth in the black wealth with the use of Bitcoin and also in a bid to keeping the wealth within the community, Jackson digs into the plausibility for Bitcoin to hugely assist the black community, to generate leverage and possibly pull out from the present-day American economic structure, should there be any need.
He clarified that the black community can work together as one so as to exit the financial system of the country and then join the Bitcoin space, as he believes that Bitcoin is the best peaceful protest to financial freedom for the African-American.
Bitcoin May Possibly Diminish Discrimination for Black Americans
Bitcoin may perhaps bring economic liberty for Black Americans, according to Isaiah Jackson. In the interview, Jackson illuminated that Bitcoin can serve as an escape route from poverty aggravation for the Black Citizens of America.
He made this comment in response to the recent pervasive demonstrations across America; killings of the black.
This protest kicked off as a result of the demise of George Floyd, an unarmed African-American, who passed on in the police trusteeship.
According to the Protesters, they maintained that racial discrimination was the major reason for Floyd’s inhumane death.
Jackson fears that the systemic racial inequity, which has been ongoing in the United States since the colonial era, would not only lead to brutal death among the black Americans but their economic stability is also at stake.
He advises that the Black community, get themselves properly acquainted with Bitcoin, as this giant cryptocurrency might possibly be their savior in future time.
Bitcoin could be a source of a financial turnaround for the Black Americans is what Jackson believes in.
Black people could invest in Bitcoin, since the Federal taxes, in conjunction with an overall rise in values and reduction in the procuring rate of currency, extract wealth from the Black People of America, all that should be done is, acquire a novel collection of cost to secure this capital.
All that is expected to be done as a means of achieving this economic freedom, for the African-American, can be found in Bitcoin, Jackson said.
Hence, he encourages the Black American to put this advice into consideration. Even though, he thinks that the majority believe that money, cannot be absolutely entrusted into the hands of black people.
He reached the conclusion that black Americans may possibly find their ultimate succor, in Bitcoin.