This session centers on a deep, critical conversation about Black economic empowerment, capitalism, and technology’s role—especially Bitcoin and blockchain—in advancing Black communities. Sinclair Skinner, founder of the Black Blockchain Summit, and Professor Ball, an Africana studies scholar, challenge prevalent myths about Black wealth, like the idea that Black communities hold trillions in spending power. They emphasize that technology alone won’t solve systemic issues; instead, collective political power and social movements are essential for genuine progress. The discussion critiques the capitalist narrative that individual investment and entrepreneurship alone can overcome structural inequality, highlighting how public policies continually extract wealth from Black communities. The speakers urge for political education, solidarity, and engagement with broader activist organizations to build sustainable change beyond economic myths and technological hype.
