The Black Bitcoin Billionaire club was started by marginalized folks and morphed into the largest, most diverse organized group of individual Bitcoiners on the planet. You have to ask yourself whether people respect everything Black Bitcoin Billionaires do for the bitcoin ecosystem or not? This club is not only for black folks; it is for everyone. At 152k members and growing saying Black Bitcoin Billionaires is only for Black folks is like saying Hip Hop is only for and consumed by Black people.
This club is evolving and going through the growing pains of how impactful it is for the culture versus the visibility it receives. Whether it is Square allocating 5 million to the Bitcoin endowment, reaching syndicated radio shows like The Breakfast Club, or the significant impact it has over social media as the largest bitcoin group on clubhouse, making it the de facto urban voice of bitcoin speaks volumes. Websites like Bitcoin EDU developed a curriculum specifically for beginners looking to start their bitcoin journey and highlight Black Bitcoin Billionaires in their resources section for bitcoin on clubhouse.
Black Bitcoin Billionaire rooms on the ClubHouse app like the Genesis Block, Basic Bitcoin for Baby Boomers, Crypto Virgin Hour, From Bars to Bitcoin, Wake Up with Bitcoin & Bitcoin Basics for Beginners, plus so many more, taught me one thing this club has earned the right to be called the crypto voice of the people. The separation of wealth for black people was not a singular one-dimensional vector but a pandemic afflicting the African American community on every level, regardless of income, social status, or age; this club fosters bitcoin as a way out of that separation.
Dodging the Echo Chamber
Visibility is vital in the overall projection and adoption of bitcoin and what Black Bitcoin Billionaires as a club has done is nothing short of incredible. A first impression is a lasting impression, and some of the most well-known thought leaders in the bitcoin ecosystem sat in the Black Bitcoin Billionaires audience to receive their daily orange pill. Many clubs on the ClubHouse platform catered around the bitcoin ecosystem exist, but Black Bitcoin Billionaires did it first in many respects.
Rooms on the ClubHouse app like the Genesis Block, Basic Bitcoin for Baby Boomers, Crypto Virgin Hour, From Bars to Bitcoin, Wake Up with Bitcoin & Bitcoin Basics for Beginners, plus so many more, taught me one thing men lie, women lie numbers don't. The separation of wealth for black people was not a singular one-dimensional vector but a pandemic afflicting the African American community on every level, regardless of income, social status, or age. Seeing the same influencers conversing on the same bitcoin topics repeatedly stifles innovation, creates echo chambers, and makes one wonder if this protocol slated for everybody is inclusive and promotes diversity or not?
You cannot rewrite history, and for far too long, media outlets ignored or neglected the fact clubs like Black Bitcoin Billionaires has some of the most brilliant minds as moderators and educators on bitcoin protocol the network has ever seen. Lamar Wilson is renowned in this Bitcoin niche, and so is Isaiah Jackson. Lamar and his business partner, Lafe Taylor, created the first bitcoin wallet for Apple's IOS. So when people ask, "There are only this many people in bitcoin" or "Not many people of color in disenfranchised communities are adopting bitcoin, "this club's existence is to prove that narrative wrong.
Jack Dorsey Gets it!
Companies like CashApp are aware and have rewarded the educational Bitcoin club for its effort to teach people from all walks of life about Bitcoin. On June 10th, mobile payment giant Block, formerly Square, announced that Black Bitcoin Billionaire became the first donation group of its 5 million Bitcoin Endowment project, with a donation amount of 1 Bitcoin. Black Bitcoin Billionaires' spotlight highlights the club's ability to extend beyond the Clubhouse application while gaining a foothold on crypto's impact on the Black community.
Jack Dorsey is among the most visible CEOs in the bitcoin ecosystem and social media. Good things come to those who wait and Dorsey throwing Black Bitcoin Billionaires the alley-oop brings it closer to slam dunking through the current visibility problem in Bitcoin. Dorsey and Jay-Z recently launched The Bitcoin Academy. The vision for Bitcoin is that it doesn't have barriers, but lack of access to financial education is a barrier. Classes will be offered online and in person from June 22 through September 7. All Marcy residents are welcome. Those participating in the program will receive MiFi devices and a one-year limited data plan, plus smartphones if needed. Residents may keep the devices. A MiFi is a small, pocket-sized gadget, that creates a Wi-Fi hotspot you can use to get online.
Lamar Wilson and Najah Roberts are the instructors for the free course. Bitcoin is still hard to use for everyday necessities, so the academy was erected in Marcy Houses, where Jay-Z grew up, to provide education and empower the community with knowledge. This empowerment hopes to rid some of the barriers so that residents can learn more about Bitcoin and general finance. Lamar Wilson knows all too well that giving and teaching someone to fish brings different results. Bitcoin education is no different, although it does not provide a magic wand to solve all problems. It empowers disenfranchised people with education and access to seeds that grow into fruit that bolsters the next generation.
There has been backlash about the program and the billionaire's disconnect with people on the ground living in squalor in the housing development. Pictures of flyers thrown in the lobbies and media outlets highlighting residents asking for new basketball courts and funding instead of risky bitcoin investment advice have not wavered Lamar or Najah. Najah Roberts responded on Twitter eloquently: "Shawn Carter and Jack Dorsey are doing more than you've been told. Lots of obstacles you don't see. Flyers on the ground? I can't speak to that. But success will be the result. I was hired to teach financial literacy, and don't BS my folks. Not on my watch! Stay tuned!" In my opinion The Bitcoin Academy is a genius idea and will hopefully catch on to other cities across the country.
In conclusion, Bitcoin provides an ethically sound base layer, technically sound and economically sound. Black Bitcoin Billionaires is a growing but a significant piece of that provision is through educational resources educating people on bitcoin. There's diversity in the adoption of bitcoin, and it's not limited to race, creed, or religion; everyone has equal rights of access to participation, and the adoption of bitcoin, as Black Bitcoin Billionaires, tackles marginalization and oppression in all communities.