Any group of people that is oppressed needs very specific resources to overcome that oppression. Chief of those is education; education of self, education of the oppressor, and education of resource acquisition and management. For minority communities to be able to survive and compete in the drastically-changing economic markets, they need to be educated on the financial tools that are used to create wealth. In school, we weren't taught about life insurance, gold & silver as investment tools, IRAs, 401Ks, REITs, real estate, stocks & bonds, nor any other useful tool of economic inclusion. There is an awakening happening amongst my peers that is causing us to question our traditional methods of education.
Bitcoin as a monetary application was specifically created as a revolutionary tool to undermine and dismantle the banking industry. To ignore this fact is a mistake. Blockchain technology will ultimately render the current economic system we experience obsolete. Many of us missed the "Age of Wall Street" and all its stock-trading millionaires. Unfortunately, as the Rich Dad himself, Robert Kiyosaki teaches, stocks, bonds, pensions and so forth are all just fake (imaginary) money. And once the US Dollar coughs up its last breath of debt-riddled regret, those who built their wealth on Wall Street will most likely do the same. To keep minority communities from falling even further into the depths of poverty and oppression, we MUST be educated on the proper use and application of blockchain technology.
Here are some ways you can Bring Blockchain Education to Minority Communities:
1. Join the Blockchain Chamber of Commerce (or any local blockchain organization or meetup). There are many groups of people that gather together to discuss the ins and outs of blockchain; its use cases, its functionality, its legality, its availability and more. Find one. Join one. Invite friends and family. Investing is more fun and can be more profitable with groups as opposed to individually.
2. Speak with your local colleges/universities about incorporating Blockchain/Crypto courses into their curriculums. The fastest growing job sector for the past 3 years has been undeniably blockchain. Studies and reports show that demand for blockchain-related jobs increased by 300 percent in 2019. Upwork, a site for freelancers, stated that demand for freelancers with a “blockchain” asset grew by 3,500 percent. Thousands of jobs are being created in the blockchain sector and minority communities need to take advantage.
3. Host your own meetups. It doesn't matter if you're not an "expert". Creating spaces to facilitate dialogue on blockchain and cryptocurrency is enough to awaken the interest in your community. And whether anyone admits it or not, we're all new to the blockchain field. The most anyone can have is 10 years of experience. The rest of us are self-taught with an average of 5 years or less experience with any blockchain. While the secure hash algorithm technology that powers blockchain isn't necessarily new, cryptocurrency and all its implications is still very nascent.
Don't allow yourself or your community to miss out on the next economic revolution. Right now, the US Dollar is backed by faith. Once the people lose faith in the dollar, the dollar will lose its value and the world will look to a new stable currency to base its global commerce. It will take the form of a cryptocurrency.
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Thoughtful article and the AAA of the BCC is a key manifesto to be obtained .
Am sure with stalwarts like Linda Goetze at the helm , there is a lot that can be achieved.
The last statement of the dollar and faith, is interesting, though personally i believe that its a long time yet to let the dollar fade, coz its far too deep into the financial systems and a lot would need to change in the commercial side to actually make it into a transition but i do feel that Blockchain will bring the Tokenization aspect into existence thus making currency a "not necessary" factor in many transactions . Its almost like resorting to a barter system more or less in a more organized and tech savvy way.
Hey Yogesh. I'm sorry my reply is months later, but i appreciate your thoughts.
in response to the death of the dollar. i think it'll happen at the speed of re-education. However long it takes to educate about 10% of the world population on the benefits and applications of blockchain, is how long it'll take for the dollar to die. maybe sooner, if they self-sabotage; which is what i think is happening now with this $2 Trillion stimulus package and QE-Infinity they've instituted with funding the REPO market $1 Trillion a day..
but besides all that, i feel like it's more about a return to the real value of people's labor; which, as we've seen in this global shutdown, is the literal fuel of the economy. i think as people are more educated about how wealth is created and what determines the value of the currency they work themselves to death for, they'll reject the baseless dollar in droves. we're almost there.