Adrian Ma, a reporter for Planet Money, dives deep into the volatile world of cryptocurrencies, highlighting their unexpected appeal among Black investors seeking alternatives to traditional finance. The discussion unpacks how cryptocurrency's ups and downs can affect broader economic stability. Ma shares personal stories that showcase its potential for bridging racial wealth gaps and the historical distrust in established financial systems. The conversation culminates in a cautionary look at both the opportunities and risks of investing in this turbulent market.
Two stories of consternation from inside the crypto world. Can a crypto crash spread to the wider economy? How does contagion work? And ... why has crypto had such appeal with Black investors? | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.