Bitcoin Expert EDWARDO JACKSON on How the Digital Currency Can Create Black Wealth.
“PEOPLE LIKEN IT TO digital gold,” says Edwardo Jackson, an author, entrepreneur, and authority on bitcoins. The “it” that Jackson is referring to is a bitcoin—an encrypted digital currency and infrastructure. Jackson and other growing voices are convinced that bitcoins are not only the finances of the future, but they are a potential way for African Americans to further their financial status and their businesses.
Bitcoins are digital, so there are no banks, or paper, or even actual coins involved. A solid definition, according to lifewire.com, is that they are “electricity converted into long strings of code that have money value.” Instead of a bank, hundreds of computers all over the world are set up by regular, everyday individuals as “bitcoin miners.” These computers process bitcoin transactions.
This story is from the March/April 2017 edition of Black Enterprise.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March/April 2017 edition of Black Enterprise.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Great Leaders Aren't Born, They're Made
Former Aetna CEO Ron Williams shares his decades of leadership lessons in his new book
How Fifth Third's Kala Gibson Drives Impactful Urban Entrepreneurship
As executive vice president and head of business Banking for Fifth Third Bank, Kala Gibson focuses on helping small businesses gain the resources necessary for them to continue to drive employment, innovation, and impact.
I Want to Be a Triple Threat
I always loved Papa John's. I was introduced to it in ’89 in Baton Rouge Louisiana when I didn’t have a lot of money but I had enough money for a big ol’ Shaqaroni pizza—sausage, pepperoni, extra cheese.
This Young, Black Aerodynamics Engineer Is Rebooting Classics At General Motors
THE CHEVY BLAZER HAS GOTTEN A MAKEOVER IN 2019.
This Dell Exec Took A Leap, And Landed At SVP
NAJUMA ATKINSON HAS BUILT A 20-YEAR CAREER AT DELL TECHNOLOGIES Inc.
Power In The Boardroom
EXPANDING BLACK REPRESENTATION IN THE BOARDROOM AND THE C-SUITE REQUIRES ADVOCACY, STRATEGY, AND POSSIBLY, LEGISLATION. TO MEMBERS OF OUR B.E. REGISTRY OF CORPORATE DIRECTORS, HOWEVER, THE DETERMINING FACTOR COMES DOWN TO LEADERSHIP.
Has History Met Your Badass?
If black women don’t assert power and their place in history, everybody loses
A Crash Course In Success
Damian Mills’ strategic leadership, talented team, and knack for turning crises into Lucrative Opportunities turned his mega-dealership into an unstoppable force
Growing Together
How strategic alliances between major corporations and african american businesses and organizations can serve as models for economic and social advancement
The 4H Club
ICV partners has attracted millions in capital, built a portfolio of high-return companies, and diversified private equity by following its core values of staying humble, hard working, honest, and hungry
