Bitcoin For Black People by purelyjoy

You may NOT reproduce this book in any way, it cannot be stored in a retrieval system, or transmitted in any form or by any means, this includes electronic, mechanical, photocopying, recording, scanning, or any other means, without the prior written permission of the publisher. Disclaimer: The material contained inside this book is for educational and informational purposes only. No responsibility can be taken for any results or outcomes resulting from the use of this material. While the authors have taken every attempt to provide information that is both accurate and effective, the authors do not assume any responsibility for the accuracy or use/misuse of this information. All the information and facts were correct and up to date at the time of writing

Publisher: KaZoom Digital eBook: ISBN: 978-1-885242-09-9 Print: ISBN: 978-1-885242-08-2

Contents Part One: Asadah

05 THE GOAL OF THIS BOOK Â

07 NO STRANGER TO WEALTH An historical Black wealth perspective

19 CULTURAL MONEY SYSTEMS Getting Back On Track

23 WHAT ARE BITCOINS? And Bitcoin Fractions

29 HOW DIGITAL CURRENCY WORKS How To Access and Use A Digital Wallet

Contents Cont'd Part Two: Donna

36 YOUR INVITATION TO DIGITAL GOLD .

38 ELEMENTARY EXPLANATION OF BITCOIN And Blockchain.

43 TOP 10 REASONS TO LEARN BITCOIN

44 THE WARRIOR'S MINDSET

50Â ADVANTAGES OF BITCOIN OVER FIAT MONEY Future of Bitcoin

53 WISDOM OF THE BLACK TITANS

Look It Up If you come across a word you donâ&#x20AC;&#x2122;t know, LOOK IT UP. We have put a glossary in the back of this book to assist you with common and uncommon words. Some of the physical signs of not understanding a word can be yawning, doodling, daydreaming while reading, sleepiness, fiddling with your hair and such. If you notice any of those things, take a look at the paragraph before the one youâ&#x20AC;&#x2122;re reading and see if you find a word you need to look up. Reading about Bitcoin and cryptocurrency is new territory for EVERYONE. So look up those words, stay bright and have fun!

How To Read This Book Everyone learns differently, and you probably know what learning style is best for you. This book is written in two parts with that idea in mind. It's two separate approaches to the same subject matter. Each section is written from the perspective of the author, with the goal to educate you about Bitcoin. But it's also written to broaden your financial perspective of both Black history and our Black future. We want to encourage you to expand your perspective about generating your personal wealth in our digital world. As you are reading, I encourage you to underline and highlight anything that feels important to you. Make notes on any ideas you'd like to implement and put into action.

About the Authors Asadah Kirkland is known as the “Crypto Queen” in the Bitcoin world and has also been coined the "Harriet Tubman of Crypto.” She is the co-host of “1 Hour of Bitcoin Power,” a weekly Bitcoin basics webinar and a Bitcoin educator and entrepreneur in the MLS Bitcoin Club.

Donna Beasley is an advocate for introducing women to opportunities in Bitcoin and cryptocurrency. She is the founder and host of the Meetup group, Chicago Women in Bitcoin and Cryptocurrency. She also invests in the Karat Bars Gold Coin, (KBC) also a cryptocurrency. She is a member of the MLS Bitcoin Club.

She is the President of KaZoom In addition, she is the Founder of Digital Publishing. Donna is the the Soulful Chicago Book Fair. She author of multiple books, including Family Pride: The Complete Guide To is also the author of the book Tracing African American Genealogy, Beating Black Kids and the coThe Family Reunion Planner and the author of the children's book children's book, Kason's Kite. series Urban Girl Adventures.

2 YOUR ACCOUNT

YOUR ACCOUNT

BITCOINFORBLACKPEOPLE.COM

PART ONE - Asadah

INTRODUCTION

The Goal Of This Book

hat’s up guys and gals! I am Asadah. I’m known as a ton of great things, but relative to the Bitcoin world, I am called “The Crypto Queen.” I’ve even been coined the "Harriet Tubman of Cryptocurrency." I love and humbly accept that title for sure! I don’t claim to be an expert in the Crypto world, but I DO know what I know. The goal of this book is to show Black people how to grow and use Bitcoin. Why write a book specifically for Black people? Well, when you look at what SPECIFIC people of this world have been disenfranchised, bamboozled, hoodwinked, taken advantage of, cheated and down right disrespected when it comes to socioeconomics and finance...Black people around the globe rank #1. Every nation uses its cultural context to build their economy. Yet, when it comes to Black people who have a variety of cultural challenges due to colonialism and chattel slavery, having stable financial know-how becomes a major issue. This book was written unapologetically with Black people in mind. As a Black woman I am a descendant of a people who were intentionally financially disabled. This comes with both power and pain. I wrote this as a guide to contribute the financial healing process of my people globally. And yes, Black people do in fact need a financial healing process. My spiritual mother, Lorne Cress Love always said, "For Black people, there has never been a moment’s time in history, or a moment’s pause where healing from the atrocities of colonialism and chattel slavery has taken place. Although, a ton of COPING has taken place though. " Efficient problem solving and financial building have been thwarted. Many attempts made by Black people to excel financially over the years has been prohibited. Well, with the arrival of Bitcoin, this previous narrative can come to an end.

The role money has played in our lives historically has been a rocky rollercoaster ride since the 16th century to say the least. We’re not going to stay focused on how financially vulnerable we became historically. We’re going to spend more time looking at how comfortable and affluent we can be in the present and in the future. The experience of being overworked and underpaid has clouded our memories for the past 400 years. As we approach the next millennium, it’s time to readjust our memories to how we lived BEFORE these measly 400 years in world history. It’s time to reboot to remembering life when Black people ruled and influenced the world. What did THAT look like? Let’s jog our memories a bit.

No Stranger To Wealth

ook back before slavery and colonialism. Black people around the world were no strangers to wealth. From colossal kingdoms to massive royal gold anklets, Black people have donned wealth globally for centuries. Even when it comes to Black people in America, before and after slavery, aquiring wealth has been both attainable and a major reality. There was the Old Mali Empire, Black Wall Street and Policy to name a few. Why, during the Great Depression of 1929, while much of America felt a major economic slump, many Black people in Chicago were experiencing financial affluence in a time when 5 cents was a lot of money! Yes, wealth was NO stranger. A chain of events have occurred where Black people globally have been financially fooled. Many of us have bought into welfare systems, asking for handouts from the same people who created our financial devastation in the first place. Well, it’s time NOT to succumb anymore. It’s time to CAUSE something new and financially life-breathing for ourselves. It’s time to create situations that procure affluence for our generations that follow us… using knowledge of the past, but thinking and acting ONLY in futures. It’s time to get to legacy leaving! Don’t believe Black people can acquire real wealth in present time? First, let’s look at how we maintained wealth in the past. Once we analyze the past, we can apply the same confidence to the present, and then ride that wave of confidence straight into the future. The future of finance for Black people should be steeped in Bitcoin… a money free from the control and limitations that have stymied us for too long.

"The reason folks are experiencing scarcity is because they are not open to new ideas. You have to expand your mind to create more." Darry Perkinson, CEOÂ MLS Bitcoin Club

King Mansa Musa Still the Richest Man That Ever Lived

M usa became ruler of the Mali Empire in 1312, taking the throne after his predecessor, Abu-Bakr II, for whom he’d served as deputy. During that period, the Mali Empire flourished thanks to ample natural resources like gold and salt.

Under the rule of Musa, the prosperous empire grew to span a sizeable portion of West Africa, from the Atlantic coast to the inland trading hub of Timbuktu and parts of the Sahara Desert. As the territory grew while Musa was on the throne, so did the economic standing of its citizens. This conqueror of 24 cities was addressed with many titles, the most popular ones being ‘Mansa Musa’, since Mansa means King of Kings or ‘Musa of Mali’.

It wasn’t until 1324 that the world outside of Mali’s border would get a glimpse of the king’s expansive wealth. From the markets of Cairo to royal offices to the impoverished people that crossed his path in Egypt, Musa’s generosity and purchase of foreign goods left the streets littered with gold—a resource that was greatly appreciated and in short supply. The people were thrilled—at least at first.

Though well-intentioned, Musa’s gifts of gold actually depreciated the value of the metal in Egypt, and the economy took a major hit. It took 12 years for the community to recover. Word of Musa’s wealth and influence only spread beyond Africa after his voyage to Mecca. Tales of his enormous convoy and generosity continued to be passed on long after his death, which is believed to have taken place sometime between 1332 and 1337. By the late 14th century, Musa had been drawn in the 1375 Catalan Atlas, an important resource for navigators of Medieval Europe. Created by Spanish cartographer Abraham Cresques, the atlas depicted Musa sitting on a throne with a gold scepter and crown, holding a gold nugget. (image above)

From the abundance of natural resources he cultivated, to the growth and development of communities that he left behind, Musa has a legend that could give the fictional Black Panther a run for his money. As far as wealth goes, it is nearly impossible to quantify the riches that Musa had during his lifetime.

The vastness of Musa’s land and material holdings, University of Michigan associate history professor Rudolph Ware explained in Time, seems downright incomprehensible today. The vastness of Musa’s land and material holdings, University of Michigan associate history professor Rudolph Ware explained in Time, seems downright incomprehensible today. "Imagine as much gold as you think a human being could possess and double it, that’s what all the accounts are trying to communicate,” he said. “This is the richest guy anyone has ever seen.” ( history.com) During Musa's reign, Mali may have been the largest producer of gold in the world.

The Djinguereber Mosque, in Mali, commissioned by Mansa Musa in 1327 still stands today.

The Ghana EmpireÂ

he Ghana Empire flourished in West Africa from at least the 6th to 13th century CE. Not connected geographically to the modern state of Ghana, the Ghana Empire was located in the western Sudan savannah region (modern southern Mauritania and Mali) sandwiched between the Sahara desert to the north and the rainforests to the south. Trade was facilitated by the abundance of iron, copper, gold, and ivory and easy access to the Niger and Senegal Rivers and their tributaries. The Ghana kings, residing in the capital at Koumbi Saleh, grew immensely rich, building up stockpiles of the gold nuggets only they were permitted to possess. Consequently, the reputation of Ghana spread to North Africa and Europe, where it was described as a fabulous land of gold.(https://www.ancient.eu/Ghana_Empire/)

The Ghana EmpireÂ Between the 9th and 11th centuries CE, the kingdom of Ghana was so rich that its dogs wore golden collars, and its horses, which were adorned with silken rope halters, slept on plush carpets. Based on animal luxuries alone, it is no wonder that foreigners touted Ghana's kings as the richest men in the world. Certainly they were living the high life...but how did they do it? Located within the present-day borders of Mauritania, Mali, and Senegal, medieval Ghana literally sat on a gold mine. The land's abundance of resources allowed Ghana's rulers to engage in years of prosperous trading. Strategic governing coupled with great location led to the rapid emergence of a very wealthy empire. (ushistory.org)

Policy Kings photo courtesy of the Chicago Tribune Archives

Policy

olicy was a Black financial force to be reckoned with! It was such a threat

that the powers that be at the time had to refer to it as “illegal.” Funny how they came out with a similar financial structure called the “lottery” not long after dismantling it. Annual national sales sometimes reached 100 million and employed tons of Black people throughout the country. In Chicago, Policy was a major thrust for strengthening the Black economy. In 1938 TIME Magazine said that Bronzeville, a flourishing community on Chicago’s South Side, was the center of US Negro business. Policy was conceived, owned and operated by Black men. They were often called “Policy Kings.” The Chicago Daily News estimated that $18,000,000 a year was being bet on in Chicago Policy in 1938.

POLICY

Policy money helped to grow Black businesses, created jobs, supported civic activities and the arts. I guess folks just couldn’t stomach the thought of us making all that money without them, and in 1974 Policy was coined “illegal” in Illinois. Soon after, the Illinois State Lottery was born. Our people were driving some of the finest cars, wore expensive clothes, owned summer homes, private planes and traveled the world...at a time when America struggled financially. By creating our own economy with Policy, 5000 jobs emerged in the Black community. Policy Kings helped to fund hotels, grocery stores and even department stores. We didn’t have to look outside of our communities to fund charities, churches and hospitals either. Folks were opening their own practices and sending our young ones off to school with ease. Now THIS is the kind of power we can reclaim with the adoption of Bitcoin into our community financial planning. If there are to be NO STOPS on this journey to truly emancipating our people financially, we need a currency that plays by a different set of rules than what we’re used to. Utilizing Bitcoin, we can emulate the power we created for our people with Policy and not have to worry about ANY force taking it away from us.

â&#x20AC;&#x153;Black People...we need to stop looking to others to save us and speak for us. You need to save yourself and speak for yourself.â&#x20AC;? - Byron Allen, CEO Entertainment Studios

Black Wall Street

uring the 1900’s Black people in Oklahoma circulated the dollar 36 to 100 times within Black Wall Street. It’s said that it sometimes took a year for money to leave our community. It was quite normal for Black people to be PhD’s attorneys and doctors. Black physicians at that time even owned medical schools. In 1910, Dr. Berry, who owned the bus system, made an average salary of $500 a day! In Black Wall Street our people had over 600 business and wore suits to school.

We owned movie theaters, jewelry stores, 21 restaurants and more. Oklahoma may have had only 2 airports, but about 6 Black people at that time owned their own planes there. Black people owned their own farm land and even owned oil wells producing 2000 barrels of oil a day. What made us so financially successful back then? Our cultural climate was replete was favoritism shown because of family relationship. Our money was exchanged hand to hand and Jim Crow made it necessary to conduct business with and for ourselves. Black Wall Street flourished from the early 1900’s to 1921. And you besta’ believe there was a ton of international business conducted on Black Wall Street too! So there. Surely our astute ancestors of these various kingdoms and affluent Black communities did not all of a sudden become the incompetent, Stepin Fetchit, economic infants we’re so often portrayed as. No way. See, one of the many things we encountered was being oppressed by people who wanted the wealth we already had…wealth that surrounded us…wealth their lands didn’t produce…wealth they were not used to…greed we fell prey to and a game of trickery and financial conquest that we still succumb to daily.

Welp…GAME OVER! It’s time to reinstill that innate ingenuity and take our rightful financial place in the world. The gold our people once owned backs the dollars we spend daily…NO MORE! This new currency Bitcoin is actually worth 3 times more than gold. The wealth of the 21st century will be replete with Bitcoin. We now have access to a currency WE can control. It’s a currency we can grow and use without the games and trickery of others. The rationing off of pennies they choose to spare and give Black people for meager survival has come to a halt. Bitcoin sees no color and can be grown to suit our needs at whatever rate we choose. A global financial solution for reclaiming our affluence is at hand.

This new currency Bitcoin is actually worth 3 times more than gold. The wealth of the 21st century will be replete with Bitcoin. We now have access to a currency WE can control.

Cultural Money Systems That Work: PLURAL VS. SINGULAR

e need a refresher on how Black people have historically grown money. Making money by oneself may be characteristic of some cultures, but not usually for Black people or other people of color for that matter. Traditionally, we’ve generated money with GROUP activity. The Chinese do Hui. In Latin America they do Tanda and for African peoples we’ve brought life to Sou-Sou’s, Policy, and more. These systems of money growth ONLY work with the cooperation and agreement of the group. The individuals in the group benefit because the entire group shares a common goal of accruing and then distributing the money amongst each other. Vision and trust sits at the foundation of these systems. Well when it comes to growing Bitcoin, it’s been found that a similar, group-based system is working extremely well for many Black people. This Bitcoin referral system is called the Massive Leveraging System (MLS Bitcoin Club), created by Darry Perkinson, more affectionately known in the Bitcoin world as “Wallstreet.” He is a Master Trader, Infinite Banking Specialist and Computer Engineer.

MLS BITCOIN CLUB

MLS is a financial safe space, designed to help groups of people become financially stronger through the use of a variety of monetary platforms, including that of Bitcoin. MLS never holds Bitcoin made within its system, it simply circulates it. MLS is a huge global Bitcoin referral program that takes membership fees and siphons them out to its members as people join. Members of MLS do not pay monthly fees and can enter at various membership levels depending on their financial comfort. The leveraging happens when a memberâ&#x20AC;&#x2122;s one-time out of pocket fee gets turned into MUCH more money than their initial contribution. At the time of the writing of this book, The MLS Bitcoin Club has paid out over $3,000,000 to its members.Â Anyone can take part in this system, yet we need to recalibrate and become comfortable with practices that work well with our natural behavior of working with one another. As Black people, not working well with one another comes from assimilating into another less amiable culture than our own. If we combine our natural inclination of working with and for each other with the fast-moving nature of Bitcoin, it will NOT take a long time for us to prosper financially.

At the time of the writing of this book, The MLS Bitcoin Club has paid out over $3,000,000 to its members.

Getting Back On Our Financial Track

So let’s take a look at what putting our riches back in place could do for us. We could:

05 - Pay for textbooks, computers and materials to improve the schools in our communities

01 - Buy abandoned properties in our communities and turn them into residences and commercial properties.

06 - Secure retirement money that we control.

02 - Live in spacious residences that accommodate all of our needs and wants.

07 - Fund our own projects. 08- Increase commercial businesses in our neighborhoods.

03 - Have enough cash flow to never go in debt. 04 - Pay tuition for our children with no strain.

The only reason all these points don’t fully exist for us right now is because we don’t have enough cash flowing back into our neighborhoods and into our homes.

The financial systems we’ve currently been using to “prosper” apparently still aren’t working like we need them to. We still talk about not having money and struggling, all across our socioeconomic lines. It’s to a point where we can narrow wealth accumulation down to about five or six professions, while the rest of us see little light at the end of our financial tunnels. Adding the use of Bitcoin to our daily lives can shift this reality permanently! For once, our creation of capital can no longer be stopped, capped, restricted or reduced. Generating a currency that has a greater value than gold, in order to fulfill our own purposes, will cause a major shift in Black people’s present day economy worldwide.

In 2019 people are now buying airline tickets, cars and homes, and all sorts of things, using Bitcoin. And for those of us entrepreneurs who already ACCEPT Bitcoin (called adoption) in our businesses, we have opened ourselves up to running with the wealthiest of corporations globally. Transactions we conduct will continue to grow, even after they are made, as long as Bitcoin’s value continues to rise. The plan has been to produce only 21 million Bitcoins. At the time of this book, there are only about 3 million left to produce, so we need to act now or act fast.

What are Bitcoins?

itcoin is a cryptocurrency created and held electronically. Bitcoin is a digital currency and is not printed like dollars or euros. You cannot touch bitcoins and be in physical possession of them like you can those previously mentioned physical currencies. It is a type of money that is completely virtual. They are produced by people, and businesses running computers all around the world. The system is peer-to-peer, and transactions take place between users directly without an intermediary. No one person and no single institution controls the bitcoin network. Bitcoin is created digitally, by a community of people that anyone can join, called miners. Bitcoin is mined, using computing power in a distributed network.

How Do You Use Bitcoin? A computer, Smartphone, tablet, or any device with Internet access can easily transfer Bitcoins from one person to another, even in transactions between a user and a business website. The number of Bitcoins you have are stored in your “digital wallet,” which is similar to screens you see when you use online banking forms to authorize transactions. What Makes Bitcoin Great? We hold our own money, no middle man. Bitcoin allows you and I the ability to trade directly online, with anyone, and from anywhere in the world. Transactions travel instantly, no waiting for the check to clear. And, transaction costs are low.

The Difference Between Fiat Money and Cryptocurrency What Is Fiat Money? Any circulating medium of exchange, including coins, paper money and demand deposits. Can only be spent in the country that controls it. Can make transacting large sums of money difficult. American fiat money (dollars) is backed by debt and not gold. What is Cryptocurrency? A digital currency or decentralized system of exchange that uses advanced cryptography for security. The holder has ownership. No other records are kept as identity of owner It is downloadable money It is easy to keep anonymous Hard or impossible to replace if lost

Bitcoin Fractions Bitcoins can be divided into fractions. The smallest fraction is one hundred millionth of a Bitcoin. This fraction is called a Satoshi.

Bitcoin is unlike other currencies because it is decentralized; no one agency (world or nation) controls the regulation of it.

You may think because Bitcoins are a digital currency that there would be an unlimited supply of them, much like the space on a digital or virtual server.Â However, thanks to a schedule planned by Bitcoin itself, there will only be 21 million bitcoins in the year 2140.Â

Blockchain The blockchain is a key component of Bitcoin. It is a ledger in which all Bitcoin transactions are securely recorded. It is the framework for how the information flows and how it's stored. Blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data (i.e. block) are secured and bound to each other using cryptographic principles (i.e. chain). By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is expected to use blockchain technology to effect over 50 industries.

Why Do Cryptocurrencies Exist? Cryptocurrencies have started to become viable alternatives to traditional currency. Many people have started thinking that cryptocurrencies, Bitcoin in particular, are on the brink of replacing our national currencies such as the US Dollar, British Pound Sterling, Euro, Canadian Dollars, and more. This is because: Cryptocurrencies exist to address weaknesses in traditional currencies which are, of course, backed by central banks and governments. This makes traditional currencies prone to corruption and manipulation, among a host of other issues. Unlike traditional currencies, there is no governing body that backs Bitcoin and other cryptocurrencies which means they aren’t subjected to anybody’s whims. Bitcoin is completely decentralized, open source and transparent. This means that you can see all the transactions that have ever been done on the network and you can check and review the blockchain data yourself to verify the authenticity of each transaction. Bitcoin runs on highly complex mathematical algorithms to regulate the creation of new Bitcoins and to make sure no double spending ever occurs on the network. One of the main problems of traditional currency is that these aren’t limited in number. This means that governments and central banks can print more money when they see fit.

When more money is printed and enters the economy, this reduces the purchasing power of our paper money which means we need to spend more for an item we’ve only spent a few dollars on before; this is called inflation. Bitcoin, on the other hand, is a different story. The Bitcoin Protocol states that only 21,000,000 Bitcoins can ever be mined and created which means that Bitcoin is, in fact, a scarce resource. Cryptography As the name suggests, cryptocurrencies make heavy use of cryptography. Cryptography is the study of codes - writing codes, solving codes, and manipulating codes. Cryptography is the mathematical and computational practice of encoding and decoding data. Bitcoin and other blockchain-based cryptocurrencies rely on cryptographic methods to maintain security and fidelity - putting the "crypto-" in the name. Bitcoin uses cryptology to generate its private keys. They are the mechanism for securing and proving ownership of bitcoin. A private key is a secret number that allows bitcoins to be spent. Every Bitcoin wallet contains one or more private keys, which are saved in the wallet file. The private keys are mathematically related to all Bitcoin addresses generated for the wallet.

As you can see, Bitcoin is gaining more influence in our world today. The creators of Bitcoin believe that as Bitcoins become more prominent and more mainstream, a true global economy will start to emerge. Unlike with physical currencies, Bitcoins and other digital currencies will not be hampered by the limitations and red tape of currencies, exchanges, and regulations. As mentioned above, the creators of Bitcoin planned on Bitcoins becoming a part of our future, as Bitcoins are to continue flowing into the world until 2140. As a result, it’s likely that more and more companies and organizations will start taking Bitcoins and other digital currencies as payment and using them as payment, thus increasing the presence and influence of digital currencies in our physical world as we continue into the 21st century.

Bitcoin is gaining more influence in our world today. The creators of Bitcoin believe that as Bitcoins become more prominent and more mainstream, a true global economy will start to emerge.

How Digital Currency Works

ow Do You Use Bitcoin? A computer, smartphone, tablet, or any device with internet access can easily transfer Bitcoins from one person to another, even in transactions between a user and a business website. The number of Bitcoins you have are stored in your “digital wallet,” which is similar to screens you see when you use online banking forms to authorize transactions.

How To Access And Use A Bitcoin Account

ith all the current news about finances and the Internet, you are likely wondering how to get set up and use Bitcoin. As we mentioned earlier, Bitcoin is the network that is using a digital currency to conduct transactions in many places across the Internet. Unlike a physical currency such as U.S. Dollars and Euros, Bitcoins are “mined” on the Internet, and all transactions take place on the Internet with no physical currency actually changing hands. So just how do you get access to Bitcoins? There are two ways in which you can gain Bitcoins: 1. You can buy bitcoins from various sources: (ie - Bitcoin ATM, Cash App, LibertyX) 2. You can mine them yourself. There are two main sources from which you can buy Bitcoins: regulated exchanges and from other people who are selling them. You can pay for Bitcoins in a variety of ways; most people will use either hard cash or wire transfers. It really depends on where you live and who you are buying them from, as different sellers have different requirements for selling Bitcoins to others.

What Will Be Different?

pplying our own know-how to acquiring Bitcoin is drastically different than trying ANYTHING we’ve done to grow wealth for ourselves EVER. First and foremost is the building of wealth with a currency that cannot be controlled by anyone other than ourselves. No one can put a ceiling on the amount we grow. No one can limit the amount we make. No one can take money away that we earn. Bitcoin is decentralized, meaning that there is no central authority or organization controlling Bitcoin’s creation or dissemination. Just that point alone works in our favor. For once in this four centuries we cannot be rationed out another group’s leftover money. For once, how much we grow cannot be monitored and then taken from us because someone doesn’t like our culture or the color of our skin.

For once we create as much money as we want, do with it what we desire, and not have to ask permission for how to use it. So when and how do we get started growing Bitcoin? Here are some bullet points to get you started on your journey to bringing in a massive amount of Bitcoin with us in our Bitcoin club. Download a Bitpay Digital Wallet (or wallet of your choice.) Open up a free account in the MLS Bitcoin Club - use either of the links below: https://www.mlsbitcoinclub.com/join.php?asadah https://www.mlsbitcoinclub.com/join.php?purejoy Buy some Bitcoin Take a ONE TIME out of pocket small amount of that Bitcoin and join the MLS Bitcoin club (find out the intro amount for a starter). Bring a minimal group of 3 folks to join MLS with you (community wealth building). Watch your digital currency grow as fast as you like it! Too much to do on your own? Email us and we can help walk you through it. Email: Bitcoin4blackpeople@gmail.com

For once we create as much money as we want, do with it what we desire, and not have to ask permission for how to use it.

Our Struggle Is Behind Us

truggle no more I say! As a matter of fact, for Black people, to be struggling at present is a choice. Now that may sound a little harsh to some, but I challenge you to choose a life that is effortless vs. one where there are forces in place to keep you from progressing. Whatever you choose to look at the most will manifest. Whatever you see will be. Bitcoin allows us to move monetarily with little to no restriction, being a decentralized currency. Shoot! The powers that be can’t even see how much of it we have for that matter. Do you know what that means? That means that we can set monetary goals and meet them without constraints. We can make as much Bitcoin as we want, for whatever we want and no one can deny us what we accumulate. The days of denying us loans for homes…GONE! The days of denying us resources to pay for healthy food or good health care…OVER! The only force we need to concern ourselves with regarding a lack of money to achieve what we want is in the mirror. Our lack of action toward our own comeuppance is the holdback. I have a funny suspicion that if we can muster up enough trust in ourselves and enough faith in the process, we can master this Bitcoin world. I think the backoff is simply due to knowledge of Bitcoin remaining unknown for many people…for now anyway. When you know more you can do more. So let’s get a little more know more shall we? Email: Bitcoin4blackpeople@gmail.com and I promise to walk you through setting up and carrying out the beginnings of your Bitcoin journey!

PART TWO - DONNA

My mission in life is to thrive, to become financially free; and to do things I'm passionate about, that bring me joy, and to live with compassion, humor, and love. DONNA BEASLEY

Your Invitation To Digital Gold

itcoin For Black People, is your invitation to learn about what Bitcoin is, and how you can benefit from investing in it. Bitcoin is often liken to gold, except as a digital currency there are no actual banks, coins or paper involved. Bitcoin values fluctuate, just like gold. The price depends on the supply and demand. This topic is being discussed across the globe and Bitcoin is gaining in popularity, investors, and profits. Yet, the African American community and women of all nationalities seem to be missing out. The primary reasons are lack of knowledge and distrust of the unknown. We hope after reading this book, you are inspired to take advantage of the education and opportunity offered in this book. A huge segment of the Black population has no idea what exactly bitcoin is, where to get it and how it can help you. And, maybe you’ve asked, what the heck is a blockchain and what does it have to do with Bitcoin? If that’s you, congratulations for being here to improve your knowledge and understanding of Bitcoin. This book is user friendly and is a guide to provide basic knowledge for you without too much technical details. If this is the first time dealing with a digital cryptocurrency, this information will be a useful starter’s guide for you.

"It’s (Bitcoin) a brand new industry, a brand new frontier, and a shot at historical black wealth in America,” said Ferguson, who is a co-founder of The Bitcoin Podcast, which has been downloaded nearly 700 thousand times. “We did not get a fair shot at establishing generational wealth.” - DEMETRICK FERGUSON, CO-HOSTS THE BITCOIN PODCAST. -

An Elementary Explanation Of How Bitcoin and the Blockchain Works

hen I first learned about Bitcoin and Blockchain it was hard for me to wrap my head around it. The lightbulb of understanding came on for me when someone told me a story. In case you haven’t gotten clear that Bitcoin is the future of money; and that the Blockchain is really cool, let’s look at it another way, with a story. Meet

Meet Clyde. Clyde is a Bears fan. Football season is starting and he’s excited. Clyde wants to get a new league shirt to support his team. He’s going to his first game at Soldier’s Field the week of Thanksgiving. He wants to be game ready. Clyde is ordering his favorite team’s shirt from a sports catalog.

He fills out the order page, stuffs it in the envelope and gives the letter to his wife to mail.

Meet Brenda. She also loves football and is excited to be going to the game. Brenda’s hometown is Detroit. And it just so happens that the Chicago Bears are playing the Detroit Lions on Thanksgiving. Brenda opens Clyde’s envelope and is shocked to see his Bears order. She changes it to a Detroit jersey instead. You could say that Brenda is the middleman or middle-woman between Clyde and the store. When Clyde’s package arrives, he gets a Detroit team shirt and is disappointed. He growls at his wife. He goes to his computer and looks on the sports catalog’s website. He discovers they accept Bitcoin. So Clyde reorders his Bears jersey and pays with Bitcoin. His order was uploaded to the Blockchain. No middleman. The Blockchain is a network of computers connected to one another through the internet. And they all store a copy of Clyde’s order. The network is being monitored by all kinds of people, including Brenda, called miners. Every time an order is received it is saved on a ledger on every individual computer in the blockchain, so everyone has the same copy. Since the Blockchain is an open network everyone can see all the orders, even though it is impossible to know what customer it belongs too.

Brenda sees an order for a Bears shirt and guesses it’s Clyde’s order and goes to her laptop and changes it again. But since every computer had a copy of Clyde’s original order, the change was quickly spotted. And, the computer trying to make the change was cut-off by the network. Therefore, Clyde’s order remained unchanged.

When Clyde’s package arrived, he loved his new Bears team jersey. And he had a surprise for Brenda, matching hats, one for Chicago and one for Detroit. Now with team jerseys and hats they’re both game ready

This simple football fan story is exactly how Bitcoin operates, albeit on a much more complicated level. The underlying technology behind Bitcoin is the Blockchain. Bitcoin runs on a global computer network, and each transaction is compiled into new blocks which are then connected to the last block on the blockchain. And the bitcoin miners are the ledger-keepers who work hard to record transactions and mine those precious bitcoins. Bitcoinâ&#x20AC;&#x2122;s Value Lies In Its Utility As I explained in my story, you are connected to the community of Bitcoin users through a computer network, and the ledgers that Bitcoin uses is called a blockchain: transactions are compiled into blocks, which in turn are connected in a chain-like manner, hence the name.Â The ledger keepers are called miners, because what they are doing, essentially, sounds very much like gold miners who work hard to find gold: they are working for the reward in the form of bitcoins, which, like gold, are limited in supply.

So now you know how Bitcoin works. What does that have to do with its value? Everything, actually. Bitcoin’s value is in its utility, its decentralization, security, and ease of transaction. First, let’s look at Bitcoin’s decentralized system. Bitcoin is designed so that there is no need for any governing authority to control it. It operates through a peer-to-peer network where all transactions are recorded in the blockchain. On the most basic level, this would mean that it is not tied to any state and therefore is the only truly borderless currency. What this means is that you can conduct transactions with people from different countries easily because you’re using the same currency. This means that no single person or group of persons has a hold on the network, which in turn, means that bitcoins can remain fully transparent and neutral in its transactions. But if there is no official body acting as a regulator, who can you trust to make sure that transactions do go through? The answer: no one. And it sounds bad, but it’s actually a good thing.

Bitcoin’s value is in its utility, its decentralization, security, and ease of transaction.

Here are the top 10 reasons why you should learn about Bitcoin. 10 -It’s safe and many people, countries and organizations are using it. All transactions are encrypted with a 16digit key code. Only a person or entity who own this private key can send crypto currency. 9 - All transactions are both fast and Irreversible. Bitcoin can be bought and sold as easy as sending a text message. 8 - It’s Global. Goods and services around the world can be purchased with Bitcoin. 7 - It’s future is bright. Demand for Bitcoin is increasing globally. 6 - Digital currency and Blockchain technology are here to stay because we live in a digital world. Blockchain technology spending is expected to grow from $2.7 billion in 2019 to $15 billion by 2023. (Source: Statista) 5 - No Gatekeeper. Think of it like digital cash, uncontrolled by any bank or government.

4 -The job market is booming and growing in the Blockchain, Bitcoin and cryptocurrency industry. And many jobs you can work remotely from wherever you are in the world and salaries can be $75k or more. 3 - Bitcoin can be purchased in fractional amounts; for example, it’s possible to buy $10 worth of a bitcoin. 2- Bitcoin is the greatest innovation since the internet. 1- Bitcoin is Changing the World. “Bitcoin has grown from a smallscale experiment into the dominant leader of a new asset class. With a $100 billion market capitalization, bitcoin has the potential to revolutionize many aspects of our lives.” Grayscale Investments

My people, this list should give you enough reasons to explore, engage and get excited about Bitcoin, itâ&#x20AC;&#x2122;s digital gold for the digital age. Like gold, bitcoins are a scarce asset. The total supply of bitcoin that will ever be in circulation is 21 million coins and already 17 million bitcoins are in circulation 84% of the total.

Are you still nervous about moving forward? Let me introduce you to the warrior mindset.

General Thomas-Alexandre Dumas, Warrior The Greatest General To Ever Go Into Battle The Warrior Mindset As Black people we seldom think of ourselves as warriors. Many of us spend our days pounding on a keyboard or working in a job we wish we could quit to pursue our passion. We rarely put ourselves in harm’s way or have a gang of enemies try to conquer our turf. This is a good thing for the most part, but it has made us soft and stuck in our own comfort zones. What does that have to do with Bitcoin? Everything.To most people, Bitcoin can seem like a financial concept made in a parallel universe. Yes, it can be a challenging concept, but it doesn’t mean it’s impossible to learn it. When you think about it, many people started off with no idea about bitcoins and how it worked.

But look at them now, they’re probably investing left and right in various cryptocurrencies like pros and possibly profiting very nicely as well!If you and I want to be financially free, we are going to have to think differently and do things differently. We are going to have to level up and break out of our comfort zones. We need to start thinking like a warrior and not be afraid to take on challenges to learn about money, finance and bitcoin. General Thomas-Alexandre Dumas is my favorite warrior. He’s arguably the greatest general to ever go into battle. He was a mulatto born in the French colony of Saint Domingue (Haiti). His mother was a slave. At the age of 14, his father, a French nobleman brought him to France to be educated. He also had him train in fencing to become a master swordsman. He joined the French Army as a private and rose to the rank of a General during the French Revolution. He was in charge of the, “La Légion Américaine,” an allblack unit of soldiers, mostly from the West Indies who had come and offered their services to fight for France. This is not a history book, so I am not going to go into his incredible military career. Let me just say he was a badass. He once fought an entire Austrian cavalry squadron by himself — and emerged practically unscathed. You can read all about it in the book, The Black Count. However, I think this quote from scholar Anatole France, will give you some perspective: “General Alexandre Dumas de la Pailleterie, the conqueror of St. Bernard and Mt. Cenis, the hero of Brixen. He offered his life sixty times for France; and was admired by Napoleon Bonaparte. Such a life is a masterpiece beyond all comparison. One is proud to have such a man as an ancestor.” General Dumas is also the father of the famous French writer Alexandre Dumas (père), who wrote The Three Musketeers, The Count of Monte Cristo and many other books. Several of which were inspired by his father’s life.

So, what can we learn from General Dumas about being a warrior that will help us in our quest to be financially independent? The warrior’s mindset. 1. Takes the Harder Path The warrior is someone who has a steadfast mission and who knows what they want to achieve. They have a purpose and a reason for being and as such, they are driven like few others. They don’t blame others for their mistakes. The warrior is happy to take the harder path if it takes them closer to their goal and if it helps them to become stronger in the process. Set your financial goals and explore how Bitcoin can fit in your plan. 2. Sees Obstacles As Challenges In a similar vein, the warrior does not see challenges as something to be feared or cursed. When things are going wrong, the warrior relishes the opportunity to develop themselves and to test themselves. You too, can learn and understand Bitcoin. 3. Doesn’t Give In to Fear The warrior is not without fear, but they have it under control. The warrior knows how to use their fear as a motivator and how to suppress it when appropriate. Investing in the stock market or cryptocurrency can be scary. But don’t let the fear hold you back from getting involved. Join the MLS Bitcoin Club to learn and grow with your peers. 4. Stays Calm in a Stressful Situations When everyone else is panicking, the warrior stays calm and focused.

5. Looks After Their Body and Mind While there may be few physical fights left, the warrior knows that they owe it to themselves and to those around them to look after their bodies and to train for a battle that may never come. The warrior doesn’t allow themselves to grow weak in times of plenty, they train, and they respect their bodies and minds. Health is the first wealth. 6. Takes Responsibility The warrior is quick to take action and to make decisions, and they are not afraid to take responsibility for their action. They gladly carry a great weight on their shoulders, knowing that they will face whatever comes.

Your financial future is in your hands. Take charge, warrior.

OVER $100 BILLION IN NEW WEALTH HAS MATERIALIZED OVER THE LAST FEW YEARS THROUGH BITCOIN, AND THAT’S NO JOKE. “In fact, if you had bought just $10 worth of Bitcoin in 2010, you would be worth over $10 million today. But some of you are thinking, with Bitcoin over $8,000, that it’s too late to get in on it. But here’s what’s exciting. What’s exciting is that it’s not too late to take advantage of this opportunity.”

Dr. Boyce Watkins,

Founder Black Wealth Bootcamp, Digital Underground

The 6 Advantages Bitcoin Has Over Fiat Currency

itcoin is the first successful cryptocurrency in history, and it became

successful because of the many positive merits not found in traditional or fiat currency (this is your country’s national currency dollars, euros, francs, etc.). Below are six advantages Bitcoin has over fiat currency. 1 – Bitcoin Is Decentralized Unlike fiat currency Bitcoin is not controlled by any bank or government. No single entity controls or regulates the Bitcoin network. 2 – Extremely Easy To Use Opening bank accounts is not a simple thing to do. You’d have to go to your bank, wait in line, fill out forms, submit your IDs, etc. It’s a time-consuming process. But with Bitcoin, all you need to do to get started is just create a free wallet, and that’s it! You’ll then be able to receive your first bitcoins in just a few minutes. 3 – Fast Transactions - Most banks don’t work 24/7. Instead, banks are open for business during certain hours of the day on weekdays (some banks are open on weekends, but they’re far and few in between). But with Bitcoin, you can transact with anyone, any time of the day, wherever you and the other person may be located. Your bitcoins will arrive in just a few minutes.

4 – Highly Portable And Durable Since bitcoins are electronic, they can’t get burned down by fire, and they’re not going to get wet in water. You can bring them anywhere with you, and they won’t even take too much space. Whether you have an online wallet, or an offline wallet, your bitcoins are easily within reach anytime you wish. 5 – No More Exorbitant Bank Fees Bank fees are the bane of anyone who has ever done any business with a bank. You want to have a bank account to store your money in, you need to pay fees. You need to use or withdraw your money, you need to pay fees. You want to send funds to someone else, you pay bank fees. The list goes on and on. But with Bitcoin, you’re bypassing all these fees. Digital wallets are free, and transaction fees are very, very minimal. 6 - Fast, Cheap and Borderless Payments With Bitcoin, you can send any amount of bitcoin to anyone in the world in a matter of minutes. When you send money through banks you not only pay those costly bank fees, you also need to wait for several hours or a few banking days. But with Bitcoin, as we’ve mentioned previously, you don’t need banks to send or remit payments to other people. All you need is their bitcoin address and voila! Your payment should arrive in the next 10 or so minutes.

The Future of Bitcoin

eteran investor and renowned bitcoin bull Tim Draper has predicted it

will be just a few short years before everyone is using bitcoin and it will be just criminals who want to hold onto cash—advising people to invest "before it's too late." "We're two years away from everyone using bitcoin," Draper, a founding partner of venture capital firm Draper Associates, told Fox Business. February 20, 2019. If you doubt the possibility of the above prediction coming true, let me share with you my recent experience with United Airlines at O’hare Airport. I always pack a small bag that can easily fit in the overhead compartment on the plane. I was shocked when United blocked me from going through to security by refusing to issue me a boarding pass until I paid for my bag. I did not have $30 dollars in cash and United didn’t take credit cards for bags. What the hell? United has people flying from all over the world using all kinds of currency. How are they going to solve this problem in what is already becoming a cashless society. If you guessed they can start accepting Bitcoin. You are correct. Because if United accepted Bitcoin I could have paid for my bag quickly and been on my way to the gate in 5 minutes. The number of companies currently accepting Bitcoin is growing and will continue to expand over the next two years like wildflowers in the park. For example, the Mavericks, NBA team recently announced they will become the second NBA team to accept Bitcoin for tickets and merchandise. Can the other teams be far behind? And the number of people using Bitcoin will grow right along with them.

Wisdom of Black Titans Russell Simmons, Entrepreneur: “I don’t think it is an exaggeration to say that financial literacy, economic empowerment, and wealth building is going to be the last leg of the civil rights movement. Because one step toward financial literacy takes you two steps toward personal empowerment. Dennis Kimbro, Author of Think and Grow Rich A Black Choice: “Over a seven year period, I can tell you unequivocally wealth is not a function of gender, not a function of race. It is not a function of circumstance. It is not a function of condition—how the cards were dealt, which side of the town you were born on, but it is a function of choice, a function of discipline, and it is a function of effort, faith, and believing in yourself. Colin Powell, former U.S. Secretary of State and Retired 4-Star General, U.S. Army: “The chief condition on which, life, health and vigor depend on, is action. It is by action that an organism develops its faculties, increases its energy, and attains the fulfillment of its destiny.”

"IT DOESN'T MATTER IF A MILLION PEOPLE TELL YOU WHAT YOU CAN'T DO, OR IF TEN MILLION TELL YOU NO. IF YOU GET ONE YES FROM GOD THAT'S ALL YOU NEED." - TYLER PERRY

Next Steps Are Up To You

lthough these quotes sounds simple, their impact is huge. This is because

every choice you make will set the course of your future. To change for the better, what do you choose to do? Do you just sit there and do nothing; wishing things will improve by themselves? Or Do You Take Action? Next Steps Are Up To You! Have questions? Reach out to Donna or Asadah to find out more about the MLS Bitcoin Club. Donnaâ&#x20AC;&#x2122;s email: beasleyinvests@gmail.com Asadahâ&#x20AC;&#x2122;s email: Asadahinvests@gmail.com Your moment is here. It's time to make a firm decision.You can either: A. Forget what you've read and heard so far and do nothing with this newfound revelation. But as always, nothing will happen. Life will always be the same. And you will always wonder why the best things seem to happen to everyone else - except you. B. Or, You can finally take action. Because your financial future is worth it. You've waited long enough. Now the Bitcoin and the Blockchain industry has come out of its baby stage and is about to change not only the financial industry, but is expected to impact over fifty other industries.

Thus this makes it the perfect time for you to go in and get ready for the next wave... because when it hits... it’s going to hit really hard and if you are ready for it... you are going to make so much money, it’ll make other online money making methods look irrelevant (and pointless). The growth in bitcoin is tremendous and undeniable, and so are other cryptocurrencies. There’s nothing that can stop this from steadily increasing. Yes, there might have been some setbacks here and there which causes the price to drop a little and then it will start to rise once again.The true power and motivating factor here is that people ‘BELIEVE’ in this new found digital currency, and they know it’s the future. Each day the amount of people jumping on board this train is unbelievable... it’s no wonder why no one can actually stop this mad upward momentum. Here’s the thing... getting started with Bitcoin on your own may be challenging, but if you join the MLS Bitcoin Club your chances for success skyrocket.Reach out to Asadah or Donna for more information at: bitcoin4blackpeople@gmail.com There is an African proverb that says, if you wish to move mountains tomorrow, start by lifting stones today. It is in this spirit of achieving Bitcoin success together we invite you to take action and join us. There is NO better way than following the safe and proven ways with the MLS Bitcoin Club.

Getting started with Bitcoin on your own may be challenging, but if you join the MLS Bitcoin Club your chances for success skyrocket.

Final Words

There is an African proverb that says if you want to go fast go alone, but if you want to go far go together. It is in this spirit of achieving Bitcoin success together we invite you to join us. There is NO better way than following the safe and proven ways with the MLS Bitcoin Club.

Bitcoin Not For The Asking But For The Taking! Learn what Bitcoin is and how it works. Discover how Black people can grow and use Bitcoin to create wealth. Understand why its valuable and matters for your financial freedom. Learn how Bitcoin can help Black people globally.

eBook ISBN: 978-1-885242-09-9 Print: ISBN: 978-1-885242-08-2Â