• geekwithsoul
    link
    fedilink
    English
    arrow-up
    1
    ·
    3 hours ago

    I think some study came out that said something like 20% of black men owned crypto and now we have this. No idea how it was measured.

    Okay - a little digging and it does seem backed up by self-reported surveys. Best explanation I could find is https://www.kansascityfed.org/research/payments-system-research-briefings/the-cryptic-nature-of-black-consumer-cryptocurrency-ownership/

    Basically, from the surveys, it would appear that Black adults own more crypto than whites, with Black men edging slightly higher. It looks to be on the order of 20% with other groups trailing by a few percentage points.

    Disappointed in the Harris campaign for leaning into this, as it seems to be all self-reported survey data and hardly something to build a policy on. Also crypto is stupid, but that’s just my opinion.