Backstage with BobbyD featuring Michelle Lilly
Manage episode 482952337 series 3533152
Michelle Lillyโthe first Black woman globally to earn a Master's degree in blockchain and digital currencyโis transforming how we understand cryptocurrency's potential for building generational wealth.
The racial wealth disparity demands innovative solutions beyond traditional financial systems. Bitcoin and other cryptocurrencies represent that opportunity, not just as investments but as revolutionary tools for economic empowerment. Speaking with the conviction of someone who's lived this transformation, Michelle shares her remarkable journey from Bitcoin skeptic to cryptocurrency educator after watching her $30,000 investment grow to over $1.2 million during the pandemic.
"You're at risk right now anyway," Michelle emphasizes, challenging listeners to make educated financial choices rather than continuing with systems that haven't served our communities. With major institutions like Fidelity projecting Bitcoin could reach $1 billion by 2038, even owning a fraction could translate to life-changing wealth. These aren't just abstract numbersโthey represent real possibilities for those who understand the technology's potential.
Beyond investing, Michelle's approach centers on education and community. "A lot of people want to just give you their money. And it's like no, I want you to fish. Because generational wealth is built when we pass it on. Not only do we pass on the money, we need to pass on the education." Her mission to educate one million people about cryptocurrency wealth creation stems from this philosophy.
For newcomers feeling intimidated, Michelle offers straightforward advice: start small with regular investments through dollar-cost averaging, use reputable platforms like Crypto.com to establish a wallet, and approach Bitcoin as a long-term treasury. Whether you begin with $10 or $10,000, the key is consistency and patience.
Ready to transform your financial future? Follow Michelle at @IamMichelleLily on Instagram and discover how cryptocurrency can help close wealth gaps while creating opportunities previous generations could only dream about.
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Chapters
1. Bitcoin's Billion-Dollar Future (00:00:00)
2. Michelle Lilly's Bitcoin Origin Story (00:02:36)
3. Education and Building Wealth Communities (00:05:01)
4. Addressing Bitcoin Myths and Hesitations (00:08:22)
5. $30,000 to $1.2 Million Success Story (00:13:42)
6. Actionable Steps to Start Investing (00:17:29)
73 episodes