Why crypto has drawn so many Black investors
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 4 February 2023
⏱️ 28 minutes
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Summary
Last year was hard on cryptocurrency, with scandals and plummeting prices rocking the industry. Those losses were particularly keen for Black Americans, who are more likely to get into crypto than their white peers. Today, we’ll explore how targeted marketing and exclusion from traditional investment opportunities helped boost crypto’s appeal for Black investors. Also, the major takeaways from today’s strong jobs report and its impact on bond yields.
Transcript
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| 0:00.0 | Have you ever been caught out by payments you've forgotten about? |
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| 0:22.4 | To find out more, go to Lloydsbank.com forward slash cost of living. |
| 0:27.0 | Lloydsbank by your side. |
| 0:32.0 | The economic news of the day in one word and that word is what? |
| 0:39.0 | From American public media, this is Marketplace. |
| 0:44.0 | In Los Angeles, I'm Kyle Rizdal. |
| 0:55.0 | It is Friday of a very big deal economic week. |
| 0:58.0 | The third day of February to the day goes always to have you along. |
| 1:02.0 | Everybody 517,000 that is jobs 3.4% that is the rate and J Powell saying out loud in almost as many words. |
| 1:11.0 | Yeah, sure looks like inflation is coming down. |
| 1:14.0 | This inflation is technically the word he used. |
| 1:17.0 | So to it, we will get Gina Smileyx at the New York Times. |
| 1:20.0 | How the long is it the Washington Post? |
| 1:22.0 | Hey you two. |
| 1:23.0 | Hi. |
| 1:24.0 | Hi. |
| 1:25.0 | So Gina will start with you and we'll start with the jobs report. |
| 1:30.0 | And I'm not kidding when I say my first reaction this morning was wow. |
... |
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