The Future of Crypto Isn’t With Wall Street
The Breakdown
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Crypto's Purpose: Redefining the Crypto Narrative
18% of black consumers in the US hold crypto currencies while only 7% own stocks and 2% mutual funds. By comparison, 12% of white consumers own crypto while 19% of them own stocks and 12% mutual Funds. The report explores the root cause of this contrast describing a deep-seated mistrust of the stock market among black Americans. GFT is the idea that historical racial injustices are passed on for generations and shape how its victims interact with financial systems.
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