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Who Gets How Much: Big Questions About Reparations For Slavery

A small city agreed almost unanimously that restitution was called for. Then the arguments began in earnest. Who Gets How Much: Big Questions About Reparations For Slavery

Reparations for slavery has been a controversial idea in the U.S. from the start. William Tecumseh Sherman’s promise of 40 acres (the mule came later) for the formerly enslaved was never fulfilled.

In the early 1900s, a campaign for pensions seemed so preposterous and threatening to the power structure in Washington, that it labeled the entire effort fraudulent. One hundred years later, the country is still debating whether and how to consider reparations.

 

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Slaveowners Got Reparations For Financial Loss After Emancipation. Enslaved African-Americans Got Nothing

US City To Pay Reparations To African-American Community With Tax On Marijuana Sales

Slavery Reparations Issue Gets Rare Hearing On Hill (#GotBitcoin?)

 

But now, after a summer of unrest and the reckoning that’s followed, during a pandemic that’s laid bare enduring racial disparities, and with a president who’s willing to consider what the U.S. might owe African Americans, advocates heave reasons to be hopeful.

 

Who Gets How Much: Big Questions About Reparations For Slavery
Late Wednesday night, the House Judiciary Committee voted 25-17 to advance a bill to study the effects of slavery and discrimination—and recommend remedies. It’s the first time the full Congress will consider the measure, H.R. 40, which has been introduced in every session since the late 1980s.

“This legislation is long overdue,” Judiciary Chairman Jerry Nadler, a New York Democrat, said. “Even long after slavery was abolished, the anti-Black racism that undergirded it reflected and defined part of our nation’s attitudes, shaping its policies and institutions.”

Who Gets How Much: Big Questions About Reparations For Slavery

Episode 6 of the Pay Check, the Bloomberg News podcast about the racial wealth gap in America, looks at the idea of reparations—what it would mean, what it could cost and how it might look, at least at a local level.

In Evanston, Illinois, policy makers and residents have begun to experiment with their own program of reparations.

The suburb, just north of Chicago and home to about 75,000 residents, is proud of its progressive values and diverse population. About 16% of the city’s residents are Black; some have lived there for more than 100 years.

There’s also a legacy of housing discrimination. Like almost every American city in the 20th century, Evanston made it difficult for Black people to buy their own homes and to keep the homes they could buy. It’s this injustice—not slavery— that Evanston is attempting to redress with the public reparations plan it enacted in 2019.

Evanston’s program faced little organized opposition—its biggest critics said the scope, $10 million over 10 years, was too modest and that the program didn’t rise to the level of “reparations.” As the city moved from idea to implementation, it’s come up against new challenges. Restitution is complex and emotional no matter the scale, and the questions Evanston struggled to answer are ones that any more comprehensive effort will have to address.

Is Every Black Person Eligible?

When Evanston’s Black residents were asked about what harms a local reparations program should try to repair, many told stories about housing discrimination. In the years before World War I, the city’s housing policies pushed Black residents into a neighborhood marked by a drainage canal on one side and railroad tracks on another.

Prices were higher than they should have been and mortgages harder to come by. Redlining officially began in the 1930s. So did a long period of underinvestment by the city, predatory loans, and contract buying.

Given that history, the city council decided to focus its reparations program on housing discrimination. Its priority is any Black resident of Evanston from 1919 to 1969, then any of their direct descendants. And then anyone who moved to the city after that and can show that they’ve faced housing discrimination.

Where’s The Money Going To Come From?

As the city council was talking about reparations, a new source of funding emerged: a local sales tax on recreational marijuana, which would become legal in 2020. No one had claims on the money and, for many, it seemed an obvious payback. Years of prohibition and over policing had a disproportionate effect on Black residents of Evanston, says Ann Rainey, the council member who came up with the idea.

The city council estimated that the 3% sales tax would bring in about a million dollars a year. They decided to set aside the first $10 million, though not all of it will go to addressing housing inequities.

How Much Do They Get?

The council decided to award grants of $25,000 to help residents buy a house or fix up or make payments on one they already own. It’s not a lot of money in Evanston, where the average home sells for 12 times that. Most Black residents won’t get anything this first round.

During the pandemic, the city’s only legal pot dispensary was able to stay open, but Evanston couldn’t collect the sales tax until July. The city council decided to begin the reparations program with just $400,000, which covers grants for 16 people.

Are There Strings Attached?

The residents won’t get the cash directly. That might require them to pay taxes on it. Instead, the money will go to the financial institution, closing agent, or contractor the resident is working with. Robin Rue Simmons, the alderman who proposed the reparations program, and her colleagues want residents to be able to work with local Black owned businesses and banks that have a history of fair lending.

Four Numbers That Show the Cost of Slavery on Black Wealth Today

Episode 2 of The Pay Check podcast does the math on moments in U.S. history that led to the racial wealth gap.

Nearly 160 years ago, U.S. policy makers almost started to address the wealth inequities created by slavery.

They didn’t make it very far.

At the end of the Civil War, Union General William Tecumseh Sherman promised some 4 million freed slaves land that they would own, live, and work on to build an economic future for themselves — also known as 40 acres and a mule.

“Genuine freedom required some kind of economic base,” says Eric Foner, a professor emeritus of history at Columbia University, on episode 2 of The Pay Check podcast. “And in an agricultural society that meant owning land.”

Instead, after President Abraham Lincoln’s assassination, his successor, Andrew Johnson, reneged on the deal. Black Americans started their freed lives empty handed. By some estimates that land would have been worth as much as $3.1 trillion today.

The history of wealth generation in the U.S. is filled with figures like these that help us understand how White Americans have amassed almost seven times more wealth than Black Americans today.

On this week’s episode of the Pay Check, we do the math to show, not just the cost of slavery, and its legacy to Black people, but the huge gains created for White people. Here are four numbers that tell part of that story.

The racial wealth gap begins with slavery itself, which was a huge wealth generator for White Americans. The economic value of the 4 million slaves in 1860 was, on average, $1,000 per person, or about $4 billion total. That was more than all the banks, railroads and factories in the U.S. were worth at the time. In today’s dollars, that would come out to as much as $42 trillion, accounting for inflation and compounding interest.

Slaves didn’t just make slaveowners rich, they helped them get richer. “There were literally slave backed securities,” says Mehrsa Baradaran, author of The Color of Money: Black Banks and the Racial Wealth Gap. Slavery was also the engine driving the cotton economy, which enriched everyone from banks, shopkeepers, and insurers, too.

Meanwhile, slaves lost out on an estimated $20.3 trillion in wages for their labor.

270 Million

Just as Black people were being denied the land promised to them, the U.S. government provided another wealth-building stimulus to mostly White Americans. In 1862, the government enacted the Homestead Acts, a series of laws meant to help settle the American west. The federal government distributed 270 million acres of land mostly stolen from Native Americans to settlers. It’s estimated that 48 million Americans today are descendants of those original homesteaders.

$200 Million

What little wealth Black families were able to build after the Civil War was often destroyed violently. In the most egregious incident, the Tulsa massacre of 1921, mobs and police officers burned down what was then known as Black Wall Street, obliterating $200 million in homes and businesses and displacing 10,000 Black Tulsans.

Tulsa wasn’t an isolated incident. After the Civil War and well into the 20th Century, there were about 100 of these attacks, in addition to some 3,000 lynchings of Black Americans.
75%

Owning a home is what most Americans can trace their wealth back to today. New Deal era policies created the modern mortgage, which allowed working-class Americans, for the first time, to enter the housing market.

Black families were left out in a big way because of the practice of redlining. “It did not accidentally leave out people of certain races, it did so explicitly,” says Baradaran. The government deemed predominantly Black neighborhoods “risky” based almost entirely on their racial composition, making it difficult for Black people to acquire loans.

Today 75% of White families own homes, compared to less than half of Black families.

Updated: 5-30-2021

What Happened When Evanston Became America’s First City To Promise Reparations

A hundred questions have arisen in the Illinois community, including whether the payments should be called reparations at all.

Lucious Sutton disconnected the water line, the gas line, and the sewer line for the home he’d built on Bauer Place on the northwestern edge of Evanston. He and his brothers removed the appliances and the furniture. They secured the windows. Then he watched as men he didn’t know—maybe they worked for the city, maybe for a property developer—jacked up the wooden house, set it onto a truck, and drove it a mile-and-a-half to the neighborhood the city had deemed more suitable for Black families. A sheriff stood by.

It was May 1929, five months before the onset of the Great Depression. Evanston, just north of Chicago on the shore of Lake Michigan, even then thought itself the ideal American town, with fine homes, a university, and a certain class. The city’s population had grown by tens of thousands in a decade, so that by the time Lucious and his wife, Minerva, were removed from their property, 63,000 people lived there, almost 5,000 of them Black.

Homebuilding was lucrative, and the rules of segregation—some coded, some official—were well established. A 1921 ordinance allowed the city to limit where Black residents could live by rezoning residential blocks into commercial ones; racial covenants kept them away from other neighborhoods. More rules and restrictions were to come.

Bauer Place was prime real estate. It was near a new elementary school and lush woods, and at least one developer could imagine some grand brick homes in the area. “There was only one problem,” says Carlis Sutton, a grandson of Lucious and Minerva. “They were afraid that Whites would not pay that much for a house in such close proximity to Black people.” Carlis says his family had a deed to the property.

Nonetheless, the developer gave Lucious a choice: We can tear down your house or move it to the Fifth Ward.

The six other Black families on the block—the Thompsons, Fraziers, Logans, Smiths, Hunts, and Collinses—had to leave too. The developer demolished the homes of those who were renting and paid the $130 permit fee to transport the others. The families had no recourse, no city agency to appeal to, no hope that the matter could be sorted out in the courts quickly or at all.

During that decade about 300 other families were also required to move their homes. The permits didn’t list the owners’ race, and it wasn’t the reason for every relocation, says Morris Robinson, founder of the Shorefront Legacy Center, which studies the history of the local Black community. When Black homes were moved, though, it was to the Fifth Ward. Among them was the home where Carlis now lives.

The losses for the Suttons began to accumulate soon after they settled in the Fifth Ward. Their new neighborhood was bounded by a sanitary canal to the west and north, train tracks to the east. The lots were smaller than those on Bauer Place. Not all the streets were paved; not every new resident had running water at first. Newspapers called the area “undesirable.”

Sutton says his grandfather had come from Tennessee in his teens and by the 1920s owned a successful plastering business. He had three employees and two cars. But after the family had to relocate, he started drinking and gambling and cheating on his wife.

“To be disgraced like that in front of your family was a hard thing for him,” Sutton says. “It was emasculating.” The Depression made everyone’s life more difficult. Minerva divorced Lucious, took a job as a live-in maid for a White family in the nearby town of Wilmette and had to send her sons to stay with relatives.

Sutton thinks about that loss of stability, the economic precarity that followed, the narrowing prospects for his own father, and the impossibility of a full accounting. And he thinks about 2931 Bauer. It’s a parking lot for a church, has been for years. Just to the side is an elm tree his grandparents planted. “If the house still sat where my grandfather put it, it would be worth $500,000,” he says. Sitting where it does in the Fifth Ward, the house sold four years ago for $152,000.

Sutton has been calculating his family’s losses in these specific, often painful ways because Evanston is the first city in the U.S. to attempt to redress such harm. It’s begun a $10 million, 10-year local reparations program to pay down its debt to Black residents, starting with housing. Sutton, a retired teacher and longtime activist, is one of four residents recently appointed to the City Council’s new reparations committee to help figure out the details.

Sutton’s great-grandfather had been eligible for the 40 acres and the mule that the federal government promised the formerly enslaved after the Civil War. Sutton’s grandfather was building his business when Callie House, a Black woman born into slavery, led the first national movement for reparations and was imprisoned for nearly a year.

A century later, the pandemic has laid bare the country’s inequities, and the protests after the murder of George Floyd have started a racial reckoning.

In April the U.S. House of Representatives agreed to discuss the possibility of establishing a commission to study reparations, more than three decades after the proposal was first introduced. President Joe Biden called the resolution, H.R. 40, a good idea. But full reparations from the federal government—an apology for slavery and the harm done afterward, compensation in some form—probably won’t be coming anytime soon.

Cities across the country and the state of California are starting to make a case for local reparations. They would have to be more limited but could come sooner. Evanston is relatively small and relatively wealthy, with some 75,000 people living in eight square miles.

About 16% of the city’s residents are Black, and some of the families, like the Suttons, have lived there for more than a hundred years. Evanston had set up an Equity and Empowerment Commission in 2018 and apologized for its history of discrimination. It’s not a surprise that it was the first to agree to pay reparations.

But Evanston’s ambitions have collided with the program’s particulars, especially since the City Council voted in late March to begin paying out the first $400,000 to a select few applicants in the coming months.

Some Black residents wonder about the ways and the means.

They worry about institutions that might benefit and people who won’t. They think the program is too modest. These reactions are probably inevitable. Restitution is complex and emotional, and at the local level it will never be enough. Sutton says he knows people have complaints and concerns and ideas of how to do better. He does too. He also says he’s encouraging residents to apply anyway.

Robin Rue Simmons was born and raised in Evanston. She’s 45, fourth-generation, and has been a real estate broker, bookstore owner, and nonprofit executive. She started a construction company. Now she owns and manages affordable housing and commercial property in her hometown.

In February 2019 she was representing the Fifth Ward on the City Council—one of nine aldermen, as they’re called—when she sent an email to the Equity and Empowerment Commission. The subject was reparations, but the subject line was “Black Equality Policy.” She wasn’t sure how receptive everyone would be otherwise. She began the message: “Because ‘reparations’ makes people uncomfortable.”

She thanked the members—a mix of city officials and community advocates—for their work and said it was time to do more. “I’d like to pursue policy actions as radical as the racial policies and actions that got us to this point,” she wrote. Later, she pointed out that there was a $46,000 difference in median household income between Black and White Evanston.

A 13-year difference in life expectancy. An achievement gap between Black and White high school students that couldn’t be explained by income differences alone.

She was right about the sensitivity around a certain word, at least initially. “A few people said, ‘Call it anything but reparations, and you have my full support,’ ” she says. But she wanted to have those uncomfortable conversations. “Let’s not call it anything else to make you feel better about your role in it or our inability to address it before now,” she says. “Let’s call it what it is.” That spring the commission put reparations on the agenda.

“I’d like to pursue policy actions as radical as the racial policies and actions that got us to this point”

That June, the City Council passed a sweeping resolution calling for the end of structural racism and a commitment to racial equity. It didn’t say much about how, and it didn’t say anything about reparations. Then, on June 19—Juneteenth, the holiday commemorating the end of slavery—the House of Representatives held hearings on H.R. 40, the first such session in a decade.

The writer Ta-Nehisi Coates, who’d brought the issue back to national attention in 2014 with his Atlantic magazine cover story “The Case for Reparations,” argued that America had a chance “to say that a nation is both its credits and its debits.” The actor and activist Danny Glover said his great-grandmother had been enslaved, his grandparents had been sharecroppers, and national reparations was “a moral, democratic, and economic imperative.”

William Darity, a professor of public policy at Duke University who studies the economics of reparations, told the New York Times he’d never been more optimistic about the prospect of comprehensive reparations.

Darity and others argue that reparations should, at the least, close the racial wealth gap, which has persisted for generations so that now White families typically are seven times wealthier than Black families.

Reparations on that scale, hundreds of thousands of dollars for each eligible African American, would cost trillions of dollars for all. That can come only from the federal government.

Rue Simmons was thinking about what reparations could look like for a city. She saw the big promise of national reparations and the smaller possibilities of local redress, but she didn’t imagine a conflict between the two.

Evanston’s Equity and Empowerment Commission hosted two community meetings that July, hoping to hear from more Black residents about what they wanted. Lots of people came with lots of concerns about education gaps and health-care inequities and opportunity divides and housing discrimination. Especially housing, says Rue Simmons: “It was very clear that housing was the area of the most tremendous damage, that wealth had been stripped away from us by the city’s practices and policies.”

In the 1920s and 1930s, more than 1,400 homes were built in the part of town where the Suttons and other Black families had lived, and according to historian Andrew Wiese, none were sold to Black families. Real estate agents steered them away, and no banks would give them a mortgage anyway.

By 1940, 84% of Evanston’s Black residents lived in the Fifth Ward, and the White residents, many of them immigrants, had mostly moved out. That year the Home Owners Loan Corp., a federal agency, created hundreds of city maps showing the risk to lenders of approving mortgages in different neighborhoods.

On the agency’s map of Evanston, the community that included what was once Bauer Place was deemed homogeneous and desirable. It received an A, and on the map it was shaded green. The Fifth Ward was determined to have detrimental influences and an undesirable population.

It got a grade of D and was shaded red. That made mortgages hard to come by. When Carlis Sutton’s grandmother wanted to buy a home for them all in the Fifth Ward in 1950, she had to ask her White employer to talk to the bank. (After they moved in, Carlis climbed to the roof and yelled, “My house! My house!”)

If someone couldn’t get a mortgage, they might end up with a contract loan. They’d have to put down a lot of money for a house, then make monthly installments at high interest rates. They didn’t get the title until the house was completely paid for. They never got equity, and they could be evicted any time they missed a payment.

Rose Cannon’s family was ensnared in this system. Her mother was a maid and a cook; her father worked for the gas company. They moved into a big home just beyond the southern edge of the Fifth Ward in the early 1960s. When her mother began suffering health problems and couldn’t work as much, they had trouble making their payments. They didn’t get evicted, not exactly, but they had to move to a smaller home in the Fifth Ward. Cannon says the lender transferred the contract.

Their monthly payments were smaller and manageable, but her parents were embarrassed. “It’s hard for me to talk about it, because I was kind of ashamed that my parents never had any power in any of the houses that they owned,” she says. “My mom was ashamed of it too.” In the late 1970s, when Cannon worked for the federal government and her husband was a teacher, they managed to turn her parents’ contract loan into a mortgage. It wasn’t easy, she says.

“It’s like we were in slavery and the master decided to release us.”

Stories like these, plus research commissioned by the city detailing its role in housing discrimination, helped clarify matters. Evanston would offer reparations for these injustices first. They were egregious, their damage was lasting, and the city was responsible. Now the city needed the money to pay for it. This is where the broad conversation about reparations comes up hard against reality. In this respect, Evanston got a little lucky. Or so it seemed.

Illinois was about to legalize recreational marijuana. Cities would be able to collect a local sales tax—new revenue, so far unclaimed in Evanston. Black people had been disproportionately hurt by prohibition; in Evanston, 71% of those arrested for selling weed were Black.

Legalization was supposed to provide some measure of social justice. It made sense to the City Council to fund reparations with the tax money. The council estimated that the 3% sales tax would bring in about $1 million a year. They’d set aside the first $10 million for reparations.

Resolution 126-R-19 to create a reparations fund went before the council on Nov. 25, 2019. Who would be eligible?

How would the money be distributed? What other debts did Evanston owe? The resolution didn’t say. The details would be worked out later. (The loose terms bothered one of the six White aldermen, Thomas Suffredin, and he was the only representative to vote no.) The moment was symbolic and historic, but in the drab council chambers, the reaction was subdued.

The mayor at the time, Steve Hagerty, congratulated everyone, and then they carried on. “I remember just wanting to jump and scream and celebrate, and it was business as usual,” Rue Simmons says. About two weeks later, she did get to celebrate when Danny Glover and other reparations advocates came to Evanston for a town hall meeting. One of them, Ron Daniels, says: “It was one of the most powerful experiences I can remember in my lifetime.” Then it was back to work on all those details.

When Evanston’s only dispensary, Zen Leaf, began selling recreational pot at the start of 2020, there was a line down the street. During the pandemic, the state deemed dispensaries essential businesses, but the city wasn’t allowed to collect taxes until July.

Rue Simmons and the two colleagues working with her on the reparations program decided to recommend starting with the $400,000 the council expected to have by year’s end. The idea had momentum, and they didn’t want to slow it. There were also local elections coming in the spring.

They settled on grants to help qualified Black residents buy homes, fix them up, or stay in them. Then they had to determine who was qualified. The priority is any Black resident of Evanston from 1919 to 1969, the year after the federal government passed the Fair Housing Act, then any of their direct descendants. And then anyone who moved to the city after that and can show that they’ve faced discrimination.

“We want cash payments. I want reparations like any Black person”

And the big question: How much? They decided on grants of $25,000—not a lot of money in Evanston, where the average home sells for many multiples of that. The $400,000 covers just 16 people to start with. That’s a tough number, another reality check. There are other restrictions: The residents won’t get the cash directly. The city says that would likely require them to pay state and federal taxes on it.

Instead, the money will go to the financial institution providing a new mortgage or holding an existing one or to the closing agent handling a down payment. It could go to a contractor making repairs on the recipient’s home or to Cook County to pay property taxes. Rue Simmons says she and her colleagues want residents to be able to work with local Black-owned businesses and banks that have a history of fair lending.

The council planned another crucial vote for late March, on whether to begin distributing that first $400,000 for what’s now called the Evanston Local Reparations Restorative Housing Program. Just a few weeks before, a group had emerged on Facebook called Evanston Rejects Racist Reparations. Until then, there had been some questions and concerns about the program, but no organized opposition.

The founders are Black residents of Evanston. Cannon is one of them. The group wanted the council to delay the start of the program until after the election. They said the program was too small. It shouldn’t require recipients to work with banks and other financial institutions that have discriminated against Black residents. It shouldn’t even be called reparations.

At the March 22 City Council meeting, held virtually, so many people had something to say that the mayor limited them to a minute each. The first speakers were the Duke professor Darity and Kirsten Mullen, co-authors of the 2020 book From Here to Equality: Reparations for Black Americans in the Twenty-First Century.

Darity said the program would do little about the equity gap in housing. Mullen challenged the premise. “There are some admirable efforts by municipalities to atone for their own race-based policies,” Mullen said. “However, it is unfortunate when those acts of atonement are confused with reparations.”

Cannon said that because she now rents an apartment and at age 73 doesn’t want to take on a mortgage, she wouldn’t benefit, even though she’d qualify. “We want cash payments,” she said. “I want reparations like any Black person.” Kevin Brown, another founder of the Facebook group, said: “The city of Evanston should not willingly mislead our country. … We support the housing program, but we don’t support calling it reparations.”

Many others were eager for the program to begin. Kamm Howard, a reparations activist who’d been advising the city, compared the 16 Evanston families that would receive the grants to the nine students in Little Rock who integrated the schools there: “This can open the door for others.” Lots of residents said they were proud of their city, that the program was a good start, and a long time coming. Carlis Sutton was among them.

Cicely Fleming, one of the council’s three Black members, had already announced her decision to vote against the resolution. She supported the housing program but opposed calling it reparations. “I think reparations is somewhat of a sacred term,” she says. To her it means the big promise—the trillions, not these millions. “We take these crumbs and hope that we’re going to get more crumbs later, instead of just saying, ‘You know what? We deserve a whole piece of cake.’ ”

The measure to begin the program passed, with Suffredin in favor and only Fleming against it. The vote was one of Rue Simmons’s last; she’d decided not to seek reelection so she could work as a full-time advocate for local reparations and H.R. 40.

A month afterward, enthusiasm for the program had grown, and some critiques had sharpened. New groups were forming. The council had established its reparations committee, comprising four community members, Rue Simmons and Sutton among them, and three of the four Black aldermen now in office. It will administer the program. An independent community group, the Reparations Stakeholder Authority of Evanston, was coming together. Evanston’s Black residents were talking, planning, watching.

On a windy day in April, at the Dollop Coffee and Hoosier Mama Pie Company on the southern edge of Evanston, Brown describes how he arrived in the city in the 1980s to attend Northwestern University on a football scholarship, married a woman whose family had lived in the city for four generations, stayed, left, worked as a school administrator and policy consultant, and returned.

In 2019 he was very publicly fired as Evanston’s community services manager over what he says was a misunderstanding. He also says he left in good standing with the Black community he served.

Brown says it wasn’t until earlier this year that some people realized the city was going ahead with reparations. There had been regular public meetings, opportunities to comment, but they’d almost all occurred while the city was locked down, people were struggling, and no one was socializing much.

Then there’s the $10 million. It had seemed a smart idea to use the marijuana sales tax to pay for reparations. It’s such a convenient, tidy model that other communities might copy it. That’s the problem, Brown says. “I kind of call it reparations on the cheap. There’s no pain involved.

I think it would be a different dynamic if reparations became an element of the city budget—of the core city budget—and the city government was saying, ‘We’re going to allocate a hundred million dollars over this period of time to fund the reparations budget.’ ” The city’s annual budget, for reference, is about $300 million. “This is just not costing anyone anything. So they’re OK.”

Percy Berger, 72, a former banker and private equity investor and the owner of a home in Evanston’s Lake Shore Historical District, calls the $10 million inconsequential, arbitrary. A national reparations program would have to calculate African Americans’ economic losses: The lost wages from almost a century of forced labor after America’s independence; or the loss of land, the 40 acres and the mule promised to those formerly enslaved after emancipation.

Plus interest. But how, Berger wants to know, were the losses calculated in Evanston? “No one looked at it systematically,” he says. “And if they did and came up with that number it would be even more insulting.”

Outside the Fleetwood-Jourdain Community Center in the Fifth Ward, Herb Stevens says the housing grants are too restrictive. At the Church Street Barber Shop, Vicky Gaines says she’d prefer cash. Bennett Johnson, a 92-year-old local civil rights activist, would like the city to invest the $10 million and use the proceeds to set up community trust funds.

Cannon, from Evanston Rejects Racist Reparations, would like an outside group, with no ties to Evanston, to administer the program; she says there’s too much mistrust of local leaders. Darity, the professor and author, continues to argue in op-eds and on Twitter that any local effort detracts and distracts from the struggle for full reparations.

This is an argument about what’s possible and what’s necessary and how far America will go. It’s happening in Evanston, and it will happen elsewhere. “Black folk have to raise their voices and say what reparations are,” Rue Simmons says. Some of the pushback she expected; some of it, she says, is personal and political.

There will be plenty more discussion in Evanston about the remaining $9.6 million. The council’s resolution states it should be spent not only on housing but also on economic development and educational initiatives.

Everyone hopes the $10 million is just a start and that 10 years won’t be the end.

That’s where the Reparations Stakeholder Authority comes in. Two of Rue Simmons’s informal advisers are helping set it up: Morris Robinson, whose Shorefront Legacy Center provided much of the documentation of Evanston’s housing discrimination; and Michael Nabors, the pastor at Evanston’s Second Baptist Church and president of the local NAACP chapter. The group will raise money for reparations programs beyond the City Council’s scope and operate independently of it.

This summer, Black residents of Evanston will be able to apply for the $25,000 housing grants. The recipients will be picked randomly from among the eligible groups. Sutton says he’s decided to apply. He also hopes he can keep his position on the committee determining for the first time what local reparations will look like. If he’s one of the 16 chosen, he’d use the money to jack up his hundred-year-old house and replace the foundation.

 

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Banks Lose Billions (Approx. $52 Billion) As Depositors Seek Higher Deposit Yields #GotBitcoin

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Gautam Adani Was Briefly World’s Richest Man Only To Be Brought Down By An American Short-Seller

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Alibaba Admits It Was Slow To Report Software Bug After Beijing Rebuke

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Bitcoin Enthusiast And CEO Brian Armstrong Buys Los Angeles Home For $133 Million

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Teen Cyber Prodigy Stumbled Onto Flaw Letting Him Hijack Teslas

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The First Nuclear-Powered Bitcoin Mine Is Here. Maybe It Can Clean Up Energy FUD

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Prospering In The Pandemic, Some Feel Financial Guilt And Gratitude

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Bitcoin’s Dominance of Crypto Payments Is Starting To Erode

T-Mobile Says Hackers Stole Data On About 37 Million Customers

Jack Dorsey Announces Bitcoin Legal Defense Fund

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Federal Regulator Says Credit Unions Can Partner With Crypto Providers

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Crypto Panics, Then Jeers at DOJ Announcement of ‘Major Action’ Against Tiny Chinese Exchange Bitzlato

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Doctors Show Implicit Bias Towards Black Patients

Darkmail Pushes Privacy Into The Hands Of NSA-Weary Customers

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Want To Be Rich? Bitcoin’s Limited Supply Cap Means You Only Need 0.01 BTC

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Lyn Alden On Bitcoin, Inflation And The Potential Coming Energy Shock

Inflation And A Tale of Cantillionaires

El Salvador Plans Bill To Adopt Bitcoin As Legal Tender

Miami Mayor Says City Employees Should Be Able To Take Their Salaries In Bitcoin

NYC And Miami Mayors (Eric Adams And Francis Suarez) Duke It Out On Twitter Over Who Is The Bigger Crypto Advocate

Vast Troves of Classified Info Undermine National Security, Spy Chief Says

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The Pandemic Turbocharged Online Privacy Concerns

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Researchers Use GPU Fingerprinting To Track Users Online

Japan’s $1 Trillion Crypto Market May Ease Onerous Listing Rules

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Petition Calling For Resignation Of U​.​S. Securities/Exchange Commission Chair Gary Gensler

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Green Finance Isn’t Going Where It’s Needed

Shedding Some Light On The Murky World Of ESG Metrics

SEC Targets Greenwashers To Bring Law And Order To ESG

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Music Distributor DistroKid Raises Money At $1.3 Billion Valuation

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Archaeologists Uncover Five Tombs In Egypt’s Saqqara Necropolis

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Virginia-Based Defense Contractor Working For U.S. National-Security Agencies Use Google Apps To Secretly Steal Your Data

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Citigroup Trader Is Scapegoat For Flash Crash In European Stocks (#GotBitcoin)

Cryptocurrency Litigation Tracker Shows Details Of More Than 300 Active And Settled Court Cases Since 2013

Bird Flu Outbreak Approaches Worst Ever In U.S. With 37 Million Animals Dead

Financial Inequality Grouped By Race For Blacks, Whites And Hispanics

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Bitcoin Buyers Flock To Investment Clubs Such As “Black Bitcoin Billionaires” To Learn Rules of The Road

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H.R.5635 – Virtual Currency Tax Fairness Act of 2020 ($200.00 Limit) 116th Congress (2019-2020)

Adam Back On Satoshi Emails, Privacy Concerns And Bitcoin’s Early Days

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Currency ‘Cold War’ Takes Center Stage At Pre-Davos Crypto Confab (#GotBitcoin?)

A Blockchain-Secured Home Security Camera Won Innovation Awards At CES 2020 Las Vegas

Bitcoin’s Had A Sensational 11 Years (#GotBitcoin?)

Sergey Nazarov And The Creation Of A Decentralized Network Of Oracles

Google Suspends MetaMask From Its Play App Store, Citing “Deceptive Services”

Christmas Shopping: Where To Buy With Crypto This Festive Season

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Coinbase CEO Armstrong Wins Patent For Tech Allowing Users To Email Bitcoin

Bitcoin Has Got Society To Think About The Nature Of Money

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Bitcoin Advertised On French National TV

Germany: New Proposed Law Would Legalize Banks Holding Bitcoin

How To Earn And Spend Bitcoin On Black Friday 2019

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Charities Put A Bitcoin Twist On Giving Tuesday

Family Offices Finally Accept The Benefits of Investing In Bitcoin

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Max Keiser: Bitcoin’s ‘Self-Settlement’ Is A Revolution Against Dollar

Blockchain Can And Will Replace The IRS

China Seizes The Blockchain Opportunity. How Should The US Respond? (#GotBitcoin?)

Jack Dorsey: You Can Buy A Fraction Of Berkshire Stock Or ‘Stack Sats’

Bitcoin Price Skyrockets $500 In Minutes As Bakkt BTC Contracts Hit Highs

Bitcoin’s Irreversibility Challenges International Private Law: Legal Scholar

Bitcoin Has Already Reached 40% Of Average Fiat Currency Lifespan

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Unicef To Accept Donations In Bitcoin (#GotBitcoin?)

Former Prosecutor Asked To “Shut Down Bitcoin” And Is Now Face Of Crypto VC Investing (#GotBitcoin?)

Switzerland’s ‘Crypto Valley’ Is Bringing Blockchain To Zurich

Next Bitcoin Halving May Not Lead To Bull Market, Says Bitmain CEO

Tim Draper Bets On Unstoppable Domain’s .Crypto Domain Registry To Replace Wallet Addresses (#GotBitcoin?)

Bitcoin Developer Amir Taaki, “We Can Crash National Economies” (#GotBitcoin?)

Veteran Crypto And Stocks Trader Shares 6 Ways To Invest And Get Rich

Have I Missed The Boat? – Best Ways To Purchase Cryptocurrency

Is Chainlink Blazing A Trail Independent Of Bitcoin?

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SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum (#GotBitcoin?)

Blockstream’s Samson Mow: Bitcoin’s Block Size Already ‘Too Big’

Attorneys Seek Bank Of Ireland Execs’ Testimony Against OneCoin Scammer (#GotBitcoin?)

OpenLibra Plans To Launch Permissionless Fork Of Facebook’s Stablecoin (#GotBitcoin?)

Tiny $217 Options Trade On Bitcoin Blockchain Could Be Wall Street’s Death Knell (#GotBitcoin?)

Class Action Accuses Tether And Bitfinex Of Market Manipulation (#GotBitcoin?)

Sharia Goldbugs: How ISIS Created A Currency For World Domination (#GotBitcoin?)

Bitcoin Eyes Demand As Hong Kong Protestors Announce Bank Run (#GotBitcoin?)

How To Securely Transfer Crypto To Your Heirs

‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)

Crypto News From The Spanish-Speaking World (#GotBitcoin?)

Financial Services Giant Morningstar To Offer Ratings For Crypto Assets (#GotBitcoin?)

‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)

The Original Sins Of Cryptocurrencies (#GotBitcoin?)

Bitcoin Is The Fraud? JPMorgan Metals Desk Fixed Gold Prices For Years (#GotBitcoin?)

Israeli Startup That Allows Offline Crypto Transactions Secures $4M (#GotBitcoin?)

[PSA] Non-genuine Trezor One Devices Spotted (#GotBitcoin?)

Bitcoin Stronger Than Ever But No One Seems To Care: Google Trends (#GotBitcoin?)

First-Ever SEC-Qualified Token Offering In US Raises $23 Million (#GotBitcoin?)

You Can Now Prove A Whole Blockchain With One Math Problem – Really

Crypto Mining Supply Fails To Meet Market Demand In Q2: TokenInsight

$2 Billion Lost In Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims (#GotBitcoin?)

Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own (#GotBitcoin?)

Wesley Snipes Is Launching A Tokenized $25 Million Movie Fund (#GotBitcoin?)

Mystery 94K BTC Transaction Becomes Richest Non-Exchange Address (#GotBitcoin?)

A Crypto Fix For A Broken International Monetary System (#GotBitcoin?)

Four Out Of Five Top Bitcoin QR Code Generators Are Scams: Report (#GotBitcoin?)

Waves Platform And The Abyss To Jointly Launch Blockchain-Based Games Marketplace (#GotBitcoin?)

Bitmain Ramps Up Power And Efficiency With New Bitcoin Mining Machine (#GotBitcoin?)

Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)

Miss Finland: Bitcoin’s Risk Keeps Most Women Away From Cryptocurrency (#GotBitcoin?)

Artist Akon Loves BTC And Says, “It’s Controlled By The People” (#GotBitcoin?)

Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)

Co-Founder Of LinkedIn Presents Crypto Rap Video: Hamilton Vs. Satoshi (#GotBitcoin?)

Crypto Insurance Market To Grow, Lloyd’s Of London And Aon To Lead (#GotBitcoin?)

No ‘AltSeason’ Until Bitcoin Breaks $20K, Says Hedge Fund Manager (#GotBitcoin?)

NSA Working To Develop Quantum-Resistant Cryptocurrency: Report (#GotBitcoin?)

Custody Provider Legacy Trust Launches Crypto Pension Plan (#GotBitcoin?)

Vaneck, SolidX To Offer Limited Bitcoin ETF For Institutions Via Exemption (#GotBitcoin?)

Russell Okung: From NFL Superstar To Bitcoin Educator In 2 Years (#GotBitcoin?)

Bitcoin Miners Made $14 Billion To Date Securing The Network (#GotBitcoin?)

Why Does Amazon Want To Hire Blockchain Experts For Its Ads Division?

Argentina’s Economy Is In A Technical Default (#GotBitcoin?)

Blockchain-Based Fractional Ownership Used To Sell High-End Art (#GotBitcoin?)

Portugal Tax Authority: Bitcoin Trading And Payments Are Tax-Free (#GotBitcoin?)

Bitcoin ‘Failed Safe Haven Test’ After 7% Drop, Peter Schiff Gloats (#GotBitcoin?)

Bitcoin Dev Reveals Multisig UI Teaser For Hardware Wallets, Full Nodes (#GotBitcoin?)

Bitcoin Price: $10K Holds For Now As 50% Of CME Futures Set To Expire (#GotBitcoin?)

Bitcoin Realized Market Cap Hits $100 Billion For The First Time (#GotBitcoin?)

Stablecoins Begin To Look Beyond The Dollar (#GotBitcoin?)

Bank Of England Governor: Libra-Like Currency Could Replace US Dollar (#GotBitcoin?)

Binance Reveals ‘Venus’ — Its Own Project To Rival Facebook’s Libra (#GotBitcoin?)

The Real Benefits Of Blockchain Are Here. They’re Being Ignored (#GotBitcoin?)

CommBank Develops Blockchain Market To Boost Biodiversity (#GotBitcoin?)

SEC Approves Blockchain Tech Startup Securitize To Record Stock Transfers (#GotBitcoin?)

SegWit Creator Introduces New Language For Bitcoin Smart Contracts (#GotBitcoin?)

You Can Now Earn Bitcoin Rewards For Postmates Purchases (#GotBitcoin?)

Bitcoin Price ‘Will Struggle’ In Big Financial Crisis, Says Investor (#GotBitcoin?)

Fidelity Charitable Received Over $100M In Crypto Donations Since 2015 (#GotBitcoin?)

Would Blockchain Better Protect User Data Than FaceApp? Experts Answer (#GotBitcoin?)

Just The Existence Of Bitcoin Impacts Monetary Policy (#GotBitcoin?)

What Are The Biggest Alleged Crypto Heists And How Much Was Stolen? (#GotBitcoin?)

IRS To Cryptocurrency Owners: Come Clean, Or Else!

Coinbase Accidentally Saves Unencrypted Passwords Of 3,420 Customers (#GotBitcoin?)

Bitcoin Is A ‘Chaos Hedge, Or Schmuck Insurance‘ (#GotBitcoin?)

Bakkt Announces September 23 Launch Of Futures And Custody

Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week (#GotBitcoin?)

Researchers Find Monero Mining Malware That Hides From Task Manager (#GotBitcoin?)

Crypto Dusting Attack Affects Nearly 300,000 Addresses (#GotBitcoin?)

A Case For Bitcoin As Recession Hedge In A Diversified Investment Portfolio (#GotBitcoin?)

SEC Guidance Gives Ammo To Lawsuit Claiming XRP Is Unregistered Security (#GotBitcoin?)

15 Countries To Develop Crypto Transaction Tracking System: Report (#GotBitcoin?)

US Department Of Commerce Offering 6-Figure Salary To Crypto Expert (#GotBitcoin?)

Mastercard Is Building A Team To Develop Crypto, Wallet Projects (#GotBitcoin?)

Canadian Bitcoin Educator Scams The Scammer And Donates Proceeds (#GotBitcoin?)

Amazon Wants To Build A Blockchain For Ads, New Job Listing Shows (#GotBitcoin?)

Shield Bitcoin Wallets From Theft Via Time Delay (#GotBitcoin?)

Blockstream Launches Bitcoin Mining Farm With Fidelity As Early Customer (#GotBitcoin?)

Commerzbank Tests Blockchain Machine To Machine Payments With Daimler (#GotBitcoin?)

Bitcoin’s Historical Returns Look Very Attractive As Online Banks Lower Payouts On Savings Accounts (#GotBitcoin?)

Man Takes Bitcoin Miner Seller To Tribunal Over Electricity Bill And Wins (#GotBitcoin?)

Bitcoin’s Computing Power Sets Record As Over 100K New Miners Go Online (#GotBitcoin?)

Walmart Coin And Libra Perform Major Public Relations For Bitcoin (#GotBitcoin?)

Judge Says Buying Bitcoin Via Credit Card Not Necessarily A Cash Advance (#GotBitcoin?)

Poll: If You’re A Stockowner Or Crypto-Currency Holder. What Will You Do When The Recession Comes?

1 In 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?)

Beating Bakkt, Ledgerx Is First To Launch ‘Physical’ Bitcoin Futures In Us (#GotBitcoin?)

Facebook Warns Investors That Libra Stablecoin May Never Launch (#GotBitcoin?)

Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?)

Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?)

Safeway Shoppers Can Now Get Bitcoin Back As Change At 894 US Stores (#GotBitcoin?)

TD Ameritrade CEO: There’s ‘Heightened Interest Again’ With Bitcoin (#GotBitcoin?)

Venezuela Sets New Bitcoin Volume Record Thanks To 10,000,000% Inflation (#GotBitcoin?)

Newegg Adds Bitcoin Payment Option To 73 More Countries (#GotBitcoin?)

China’s Schizophrenic Relationship With Bitcoin (#GotBitcoin?)

More Companies Build Products Around Crypto Hardware Wallets (#GotBitcoin?)

Bakkt Is Scheduled To Start Testing Its Bitcoin Futures Contracts Today (#GotBitcoin?)

Bitcoin Network Now 8 Times More Powerful Than It Was At $20K Price (#GotBitcoin?)

Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg (#GotBitcoin?)

“Bitcoin An ‘Unstoppable Force,” Says US Congressman At Crypto Hearing (#GotBitcoin?)

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April (#GotBitcoin?)

Cryptocurrency Startups Get Partial Green Light From Washington

Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good (#GotBitcoin?)

Bitcoin Lightning Nodes Are Snatching Funds From Bad Actors (#GotBitcoin?)

The Provident Bank Now Offers Deposit Services For Crypto-Related Entities (#GotBitcoin?)

Bitcoin Could Help Stop News Censorship From Space (#GotBitcoin?)

US Sanctions On Iran Crypto Mining — Inevitable Or Impossible? (#GotBitcoin?)

US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?)

EU Central Bank Won’t Add Bitcoin To Reserves — Says It’s Not A Currency (#GotBitcoin?)

The Miami Dolphins Now Accept Bitcoin And Litecoin Crypt-Currency Payments (#GotBitcoin?)

Trump Bashes Bitcoin And Alt-Right Is Mad As Hell (#GotBitcoin?)

Goldman Sachs Ramps Up Development Of New Secret Crypto Project (#GotBitcoin?)

Blockchain And AI Bond, Explained (#GotBitcoin?)

Grayscale Bitcoin Trust Outperformed Indexes In First Half Of 2019 (#GotBitcoin?)

XRP Is The Worst Performing Major Crypto Of 2019 (GotBitcoin?)

Bitcoin Back Near $12K As BTC Shorters Lose $44 Million In One Morning (#GotBitcoin?)

As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿”: VanEck Exec (#GotBitcoin?)

Argentina Drives Global LocalBitcoins Volume To Highest Since November (#GotBitcoin?)

‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius (#GotBitcoin?)

Lawmakers Push For New Bitcoin Rules (#GotBitcoin?)

Facebook’s Libra Is Bad For African Americans (#GotBitcoin?)

Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?)

Canadian Startup Wants To Upgrade Millions Of ATMs To Sell Bitcoin (#GotBitcoin?)

Trump Says US ‘Should Match’ China’s Money Printing Game (#GotBitcoin?)

Casa Launches Lightning Node Mobile App For Bitcoin Newbies (#GotBitcoin?)

Bitcoin Rally Fuels Market In Crypto Derivatives (#GotBitcoin?)

World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available On Bloomberg Terminal (#GotBitcoin?)

Buying Bitcoin Has Been Profitable 98.2% Of The Days Since Creation (#GotBitcoin?)

Another Crypto Exchange Receives License For Crypto Futures

From ‘Ponzi’ To ‘We’re Working On It’ — BIS Chief Reverses Stance On Crypto (#GotBitcoin?)

These Are The Cities Googling ‘Bitcoin’ As Interest Hits 17-Month High (#GotBitcoin?)

Venezuelan Explains How Bitcoin Saves His Family (#GotBitcoin?)

Quantum Computing Vs. Blockchain: Impact On Cryptography

This Fund Is Riding Bitcoin To Top (#GotBitcoin?)

Bitcoin’s Surge Leaves Smaller Digital Currencies In The Dust (#GotBitcoin?)

Bitcoin Exchange Hits $1 Trillion In Trading Volume (#GotBitcoin?)

Bitcoin Breaks $200 Billion Market Cap For The First Time In 17 Months (#GotBitcoin?)

You Can Now Make State Tax Payments In Bitcoin (#GotBitcoin?)

Religious Organizations Make Ideal Places To Mine Bitcoin (#GotBitcoin?)

Goldman Sacs And JP Morgan Chase Finally Concede To Crypto-Currencies (#GotBitcoin?)

Bitcoin Heading For Fifth Month Of Gains Despite Price Correction (#GotBitcoin?)

Breez Reveals Lightning-Powered Bitcoin Payments App For IPhone (#GotBitcoin?)

Big Four Auditing Firm PwC Releases Cryptocurrency Auditing Software (#GotBitcoin?)

Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments (#GotBitcoin?)

JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End Of 2019: Report (#GotBitcoin?)

Is There A Big Short In Bitcoin? (#GotBitcoin?)

Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes

Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?)

There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?)

You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)

North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?)

Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?)

Bitcoin Hash Rate Climbs To New Record High Boosting Network Security (#GotBitcoin?)

Bitcoin Exceeds 1Million Active Addresses While Coinbase Custodies $1.3B In Assets

Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)

Zebpay Becomes First Exchange To Add Lightning Payments For All Users (#GotBitcoin?)

Coinbase’s New Customer Incentive: Interest Payments, With A Crypto Twist (#GotBitcoin?)

The Best Bitcoin Debit (Cashback) Cards Of 2019 (#GotBitcoin?)

Real Estate Brokerages Now Accepting Bitcoin (#GotBitcoin?)

Ernst & Young Introduces Tax Tool For Reporting Cryptocurrencies (#GotBitcoin?)

Recession Is Looming, or Not. Here’s How To Know (#GotBitcoin?)

How Will Bitcoin Behave During A Recession? (#GotBitcoin?)

Many U.S. Financial Officers Think a Recession Will Hit Next Year (#GotBitcoin?)

Definite Signs of An Imminent Recession (#GotBitcoin?)

What A Recession Could Mean for Women’s Unemployment (#GotBitcoin?)

Investors Run Out of Options As Bitcoin, Stocks, Bonds, Oil Cave To Recession Fears (#GotBitcoin?)

Goldman Is Looking To Reduce “Marcus” Lending Goal On Credit (Recession) Caution (#GotBitcoin?)

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