Is My Algorithm Biased? The Imperative of Inclusion for Crypto
summary
The panel traces how policy and lending tools produce persistent gaps: Black families hold about 1–2% of total U.S. wealth historically, the Freedmen's Bank speculation lost half of Black savers' wealth, and between 1934–1970 roughly 99.6% FHA-guaranteed mortgages funneled subsidies away from redlined neighborhoods. It links those harms to modern protocol design failures—Terra/Luna losses hit Black Americans hardest—and proposes concrete fixes: no‑credit‑check community products, NFT onboarding, and blockchains that natively combine privacy and separating execution from consensus to enable confidential, auditable data economies.
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