Is Riski to investment in Cryptocurrency
Is Riski to investment in Cryptocurrency Cryptocurrency has been touted as the key to building Black wealth. But critics are skeptical At the time, Williams didn't know much about cryptocurrency but decided to invest a little more than $200 to see where it would get him. "No one knew what it was," Williams said. "But it was going to change the world. So I was drinking a lot of crypto Kool-Aid." Cryptocurrency -- decentralized digital money such as bitcoin and ethereum -- would gain momentum among Black investors in the years to come. As the hype grew, Williams cashed out in 2020 and bought his mom a house. He had learned enough about cryptocurrency to know it was time to get out. "I was done gambling," said Williams, now an adjunct law professor at the University of New Hampshire. Despite his earnings, Williams worries that experienced investors are promoting cryptocurrency to Black Americans as the key to financial inclusion and closing the wealth ga