A knowledge share on cryptocurrencies & its impact on our communities.
Cryptocurrency is a digital currency created and managed through advanced encryption techniques known as cryptography. Bitcoin, the first cryptocurrency, was created with the idea to have a decentralized currency that is not controlled by a centralized bank or government. Bitcoin was invented by the mysterious Satoshi Nakamoto, an unknown person or people, who also devised the first blockchain database—a database that is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Because this technology is open source, there are over 1,600+ cryptocurrencies in existence today. Anyone who wants to and knows how to can create a cryptocurrency.
Our #CommunityTech Workshop #CryptoCurrents is a knowledge share where we explored:
- What is cryptocurrency?
- What is the blockchain technology?
- How does these affect communities of color?
- Can we build beautiful things with it?
We will also take time to imagine how blockchain technology might support and sustain community-centered collectives, worker-owned cooperatives, autonomous systems of care, anything and everything our communities care about.
Video resources from the web
About Our Facilitators
This workshop was facilitated by Color Coded members, Aya Seko and Danny Ruelas.
Aya Seko has worked in Los Angeles as a program manager for after-school programs for over 10 years. Her experience in management over the years has made her realize that multigenerational POC spaces are crucial to building the future we want to see. She is a member of Color Coded and will be co-facilitating for this workshop. She is not an expert in cryptocurrencies, but is excited to introduce some ideas that she and other members of CC have been learning about.
Danny Ruelas is a student studying animation at CSULA. He has worked in South LA as an after-school program leader and supervisor. He is a member of Color Coded and has some experience buying and trading cryptocurrencies. He will share his experiences of what he has learned and how CC discussions have helped frame different possibilities of engaging with this technology.