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Bitcoin & Black America with Isaiah Jackson

Peter McCormack

Interview | Description | Timestamps | Show Notes

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Bitcoin & Black America with Isaiah Jackson - WBD229 Peter McCormack

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Location: Zoom
Date: Wednesday 3rd June
Project: Bitcoin & Black America
Role: Author

On May 25th George Floyd was killed by Minneapolis police officer, Derek Chauvin. Police were called over allegations that George Floyd had used a counterfeit $20 bill. During the arrest, Chauvin restrained Floyd by placing his knee on his neck and pinning him to the ground, during this time Floyd was pleading with the officer repeatedly stating "I can't breathe". 

After 8 minutes and 46 seconds and with paramedics on the scene, Chauvin finally took his knee off Floyd's neck, he was unresponsive and later pronounced dead.

Following Floyd's death, there have been widespread protests across America which have now spread to other countries. In several places in the US, these protests have been violent with looting, fires and large scale destruction.

While the black community is reeling at yet another death at the hands of a police officer, Isaiah Jackson, the author of Bitcoin & Black America suggests that building a black economy offers a way out of institutionalised racism.

In this interview, we discuss the killing of George Floyd and the subsequent protests and riots, racism in the US, and how the black community can use Bitcoin.

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00:03:35: Introductions
00:04:52: Modern day America
00:08:02: Economic problems and police brutality
00:11:56: Personal experiences of racism
00:17:20: Racial profiling
00:21:16: Internal issues in the black community
00:24:45: Black economics
00:27:44: Isiah’s views on cryptocurrencies
00:29:09: Difficulties promoting Bitcoin
00:34:58: Holding the Fed to account
00:39:21: Opportunity for Bitcoin
00:46:49: Black Lives Matter
00:49:52: Predictions for future
00:54:14: Lolli, Fold App and Swan Bitcoin
00:56:18: Long-term Bitcoin speculation
00:59:27: New book
01:01:08: Final comments

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