‘Bitcoin and Black America’ Author: Protest by Buying BTC

[SRShanuka2020]

‘Bitcoin and Black America’ Author: Protest by Buying BTC

Bitcoin & Black America author Isaiah Jackson says that people invoking Bitcoin during the protests over the police killing of George Floyd have identified the “real enemy” — a legacy financial system that shuts out African Americans.

Jackson spoke to Cointelegraph on June 4, saying he welcomed pictures on social media of protesters holding up signs promoting the cryptocurrency.

He said the result of black people being shut out of the economic system was tragedy. "When the economic system is broken ... no matter how hard you try, you get pushed to areas where police oversight is very heavy. You get these clashes and police start killing black men and it's all just a domino effect,” he said. "So I think them holding signs is them saying, ‘Hey once this is over, remember who the real enemy is’.”

Jackson cited economic factors including the Federal Reserve printing money and 40 million people unemployed. “What is the strategy we could leverage for our community in the future?” he said. “I think they just realize Bitcoin could be that, so [I’m] glad to see it.”

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I think someone just takes advantage of that protest. I didn't see any correlation to Bitcoin. In some protest event, it can happen if someone wanted to send a certain message. I think it is not so good way to send the message about Bitcoin to the government.