Bitcoin is a good savings 'Plan B' for Black investors, says Isaiah Jackson

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Jackson added that this week's drop shouldn't concern long-term holders.

Bitcoin pro Isaiah Jackson said the cryptocurrency is a key way to fix economic injustice."For the first time in history, we have a Plan B option to the current financial system which has seen years of redlining, racial discrimination and other egregious acts by retail banks to the Black community," said Jackson, co-founder of KRBE Digital Assets Group and author of "Bitcoin & Black America.

"For the first time in history, we have a Plan B option to the current financial system which has seen years of

 

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Its a horrible investment to fix economic injustice...its way to volatile. Imagine needing to draw on your investment in an emergency and it just happens to be down 30% that week.

Yeah capitalism can totally fix economic injustice. The free markets regulate themselves in the long run!

Until the government takes actions

Plan A would be to get a job and stop blaming their incompetence on the white race

He is correct

The server is down ⬇️ and all the Bitcoin disappear.

Just like check cashing stores in the hood?

But my money is not enough

This is how they rang the bell last time. black people were last to get in at the top.

Equalizes the playing field. Doesn’t matter if your a Russian oligarch pillaging your countries wealth or a houthi freedom fighter buying arms—the blockchain is there for everyone.

MelissaLeeCNBC as a Minority do you think it’s a good advice to recommend people to buy bitcoin at 40 k to fix economic justice? Seems you laugh everytime it goes down.

Some of the biggest players like tyler cameron Gemini won’t even let someone buy it with a weed charge from 20 years ago but it’s going to fix economic justice lol.

Lol wait I thought these people couldn’t afford computers

April’s fool?

Lol

Ummm... wtf, I can't even come up with a witty reply to this because no. Just no.

Bitcoin is a great investment regardless of race, actually.

irresponsible selfish bullshit

Imagine forgetting your password and loosing all your bitcoins , NO WAY forget it .!

Keeping racism alive i see

John Fort talking about buying S&P 500...FOH

dems exploitation at its finest

when lohan is promoting it, time to sell

wtf

Doge is a good investment for ALL races.

Um . . . Sorry wokesters, last time I checked Bitcoin is colorblind. It empowers the individual against the state.

Everyone needs to block any and all news that comes from the main stream.

Unreal...

Wtf lol

sellTwitterStockNow

Just be sure to dollar cost average in. Buy a little each day or week. I have been doing it for five years and it is nice to have an alternative investment.

Black people, white people, all people. Do yourselves a favor and get some exposure to bitcoin. The best performing asset of all time. Don’t listen to people trying to scare you. This is where wealth building comes from.

🤦‍♂️

Just black people? More division shit from the MSM. Here let me fix this... 'Bitcoin is a great (good is a death verb to me) savings 'Plan B' for all investors' There, no racist gaslighting from Isaiah Jackson needed

Cryptocurrency are meant for 2% of your Total Assets. Encouraging investors who are starting to open a Bank Account and invest in good Dividend Stocks or MutualFunds or FixedIncomeProducts is much better. You can invest in GoldSilver with around 5% of your total assets.

Why for just for Blacks? You say you are woke CNBC, yet you have this racist biased on your ‘show’ Pathetic

There is no plan “B” DanCrenshawTX

Comments:

This you?

Systemic racism they say 🙄 It's a good pln B for people of all colors you sick bigots!

CNBC. Dumping on the blacks again?

WHY IS SKIN COLOR RELEVANT?!?!?!

money doesnt care about skin color

They can lose all there money, that was the latest warning and rhe price shed 20%

Rat poison squared.

What's a black investor?

His advice is black people invest during bitcoin all time high and white people invest in dumps....

Why Black? Why not just Investors?

That's should be Blackx, please correct your tweet

Im white should i sell?

Considering that the stock market will be, at best, stagnant for at least the next four years, Bitcoin and foreign currency trading are where everyone should focus.

Bitcoin is racist?

Got HEX? congratulationsRichard :)

incredibly awful advice

Wtf

Big facts. Let it be known Bitcoin

. If you are new to Bitcoin and want to learn why people are so bullish on it, read these: 1. The Bullish Case for Bitcoin by real_vijay 2. The Bitcoin Standard by saifedean 3. Gradually, Then Suddenly series by parkeralewis ht: HODLBitty Read Links below👇 🧵1/2

Scream and fight to be treated like everyone else, but then do shit to be treated different than everyone else...

If they're telling black people to buy it, you know it's going to be worthless in a minute.

if you want to see him in a really good interview.

Y para el resto de razas, no? 🤣 Linda esta 'unión'

Wtf 😂

Should I sell my Bitcoin because I’m white? CNBC is a joke.

Bitcoin pumpers are CNBCs biggest advertisers

Imagine of this said “White People” zero self awareness yet again from Main Stream Race Baiting Media.

Because skin color is always a factor in determining investment advice. It is almost like you think that PoC are too stupid to process any advice given to a white man.

Msm with their attempt at tech news is hilarious.

Black dollars worth more than white dollars bc racism and overlord jack retweet beep bop boop beep beep

black investors huh? Lol

What is with the constant segregation? Do these people even think before they post...

Bitcoin is the ultimate savings vehicle. CNBC’s focus on race is weird though.

'Bitcoin is a good savings 'Plan A' for criminals in general, & Black market 'investors' in particular.' - R. T. Erdogan 2021 BtcTurk BTC tulipfever

Crazy talk

So was this ‘Plan A’ for white people?😅

Damn, I've made a mistake by buying Bitcoin then because I'm white.

Seem fakenews ?

Notice they didn’t publish this when it was $10k 😂😂

PeterSchiff

White investors stay away. Pigs.

Just how does the amount of melanin in one's skin make a difference with this?

wait... Is it good savings for White investors jezzssssss

Just not for White people? 😆

Lmao.. Top is in. Hello bearmarket

pierre_rochard numbergoup

Lol, nah. I prefer Plan H: Hex.

What's the difference between a black investor and an investor

pierre_rochard Wat? It’s a good savings for anyone.. any race... any Country,,, any age... I just can’t! Wow.

He also told black investors that volatility doesn’t matter 🤣 he’s trying to pump it up for himself.

Bitcoin is such a great investment you can walk in any store or any place on the face of the Earth and use it as a currency and buy anyting you cannot do that to the gold not recognized around the world gold do not support by economy only Bitcoin 😬😬

What’s good for white investors?

pierre_rochard What? Easy with the headline boys lol

Or just buy micro-strategy and square who own boatloads of bitcoin.

This is a strange headline.

What does Bitcoin have to do with skin color? Bitcoin is a savings plan for the rich because the average person can't afford a single coin!

90% of the comments on here are laughable. A lot of big opinions by people who haven’t taken a moment to look into what is going on. They will buy when there financial planner tells them two in 3-4 years.

It's a good savings plan for ALL investors, why does this have to involve race?

Satoshi is black

Bearish

Wait for it to pull back first. Don't just pile into bitcoin without understanding that if it continues to dip it might be a choppy few days. Get a good entrance price. Let it dip and many are calling a head and shoulders.

Most of you will be valeting my car. ETH, ADA, XRP, VET, LINK, Quant, XLM. Welcome to the new world of finance. Take my advice or stay poor.

No good for white investors ?

I get it he's bullish & may have good intentions. But I don't like him saying cryptocurrency is a 'savings' account when it's extremely volatile and not insured. It's a form of investing & should come with a disclaimer that you can lose money in it

Wait. What?

Foolish! Once again the minority community getting absolute shit advice and the media (CNBC) not pushing back!

Invest in your 401k at work

APompliano

fienixtaranova As volatile as bitcoin is why would you give this advice🤬😤

The problem with everyone in the replies is that yall think Bitcoin is a stock and its not.

Why’s this a black or white thing , why can’t it be good for all investors ... that’s such a targeted narrative , makes me want to stay away from btc , like they are trying to do anything to help blacks all of a sudden foh this system has been plotting on them since day one 😂

What about white investors? Should they invest in Bitcoin too? Or more canned goods and ammunition?

What about white or Hispanic or Asian investors, asking for a friend

How does Bitcoin determine that it will be kinder to you if you are black?

Bitcoin is NOT an Savings vehicle? Just like Equities aren't a damn saving vehicle Wtf kind of advice is this?

I'm loving FCEL

Please do not get ripped off by Bitcoin. It is just a notional entity and have no intrinsic value.

But not for any other demographic?

Put your savings in like THE most volatile asset 😂😂😂.... RIGHT.

Dear African Americans. Remember Subprime crisis? Don’t listen to these Bitcoin bullshits. Stay away. Wall St & Snake Salesmen are coming after your money. Ignore them.

99% still using banks

BUY THE DIP 👇👇👇

Yeah definitely put your money so that billionaire and millionaire can double their money 😂

Yes savings with 25% swings is great advice smh

What about the close to $140 Billion worth of Bitcoins lost or inaccessible on the platform's wallets?

Bitcoin isn't a saving, it's not an investment. At best it's pure speculation, like tulip bulbs.

Black investors? Why not white? Indian? Asian?

BitCoin is a Ponzi scheme. It’s only valuable as an investment because it’s hard to use as a currency.

bunch of 🤡's in the comments. buy crypto now or weep

that's for sure

Jesus, this is such bad advise to black investors, racist

This article is more pump and dump -- trying to lure more investors into an 'asset' that has no business being a real asset.

For white investors too.

You were slating it last night 🤣🤣

But wait until it’s at 100000 so he can get out

Its good for everybody

Absolutely terrible advice. Awful.

Bitcoin is a racial investment now?

Plan Broke.

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