The market for cryptocurrency crashed in May, losing billions of investor dollars. That’s a special concern for African Americans, who are twice as likely as white people to invest in crypto. On today’s episode of A Word, Jason Johnson is joined by economist Darrick Hamilton to discuss the unique appeal of cryptocurrency among Black Americans, and whether the potential rewards outweigh the risks.

Guest: Darrick Hamilton, the founding director of the Institute for the Study of Race, Power and Political Economy at The New School.

Podcast production by Jasmine Ellis and Eric Aaron

You can skip all the ads in A Word by joining Slate Plus. Sign up now at slate.com/awordplus for just $1 for your first month.
Learn more about your ad choices. Visit megaphone.fm/adchoices