Why black people like me are still not sold on digital currency ... yet
IDSC "BlackTechLogy": Music artists, actors are embracing digital currency for business
Call me a Debbie Downer, but I’m not really feeling the digital currency craze. Because former President Donald Trump won the election results in 2016, Treasury Secretary Steven Mnuchin dragged his feet on putting abolitionist Harriet Tubman on the $20 bill. And if you’ve ever talked with me for any length of time, you know how strongly I admire two people: Langston Hughes and Harriet Tubman. I almost got expelled from undergrad for defending the Harlem Renaissance writer and lost a contract job going to bat for the abolitionist. I wanted that $20 bill in my hands so badly that I bought a Tubman ink stamper in the meantime.
Recommended Read: “When NFTs work against artists ~ IDSC ‘BlackTechLogy’: How WIPO PROOF can help to confirm the original artist”
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As an Amazon affiliate, I earn a percentage from purchases with my referral links. I know some consumers are choosing to boycott Amazon for its DEI removal. However, after thinking about this thoroughly, I want to continue promoting cool products from small businesses, women-owned businesses and (specifically) Black-owned businesses who still feature their items on Amazon. As of the first date of Black History Month 2025, each new post will ALWAYS include a MINIMUM of one product sold by a Black-owned business. (I have visited the seller’s official site to verify that Amazon Black-owned logo.) I am (slowly) doing this with older, popular posts too. If you still choose to boycott, I 100% respect that decision.
But the way digital currency is gaining in popularity, I already knew that we were up against an hourglass on enjoying having a Tubman Twenty anyway. In all fairness, I rarely if ever keep more than $5 on me. Unfortunately, this is due to an incident in which I watched two men snatch my mother’s purse.
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As an Amazon Affiliate, I earn a percentage for each purchase with my referral links.
There’s no stop payment on cash. And in first grade, our new home was robbed—twice. Again, all the cash was taken. That left a lasting impression on my childhood eyes until adulthood and made me want to be more secure with my money.
Recommended Read: “Killer Mike’s digital mobile bank closes $40 million of Series A funding ~ IDSC ‘BlackTechLogy’: Rapper stands by his word to bank black via Greenwood”
So what is it with me and digital currency? Why am I still old-school enough to keep a check register but not want to dive into the bitcoin world?