
The Price of Crypto Admission
Bloomberg Crypto
00:00
Investing in Bit Coin
A lot of the people who invest in crypto tend to be white, wealthier and have an income over a hundred thousand. The average income for public housing residence was about 24 thousand 531 dollars as of march 20 22. And black and latino populations who predominantly live in these new york city housing their being hardest hit by the impacts of inflation. So spending additional money that they could stand to lose on bit coin might not be the smartest decision for them right now. It's very like billionairy rigt ad not having a sense of what other people are going through because most billionaires made more money during the pandemic than they started with.
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