Despite the success stories, critics fear the risks of trading crypto can disproportionally impact Black investors
Samson Williams was working in the mortgage lending industry in 2014 when a colleague convinced him to invest in cryptocurrency.
At the time, Williams didn't know much about cryptocurrency but decided to invest a little more than $200 to see where it would get him. "No one knew what it was," Williams said."But it was going to change the world. So I was drinking a lot of crypto Kool-Aid."Cryptocurrency -- decentralized digital money such as bitcoin and ethereum -- would gain momentum among Black investors in the years to come. As the hype grew, Williams cashed out in 2020 and bought his mom a house.
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