#best crypto investment platform
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securell · 2 years ago
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Bitcoin Investment Strategies For Beginners In Four Easy Steps
Bitcoin Investment Strategies For Beginners In Four Easy Steps
You don’t need to be rich to invest in cryptocurrency, but you should exercise caution and be realistic about potential returns. Here’s our guide that will tell you how to make a cryptocurrency wallet and buy Bitcoin. Are you finally prepared to delve into the world of cryptocurrencies? Well, it might appear complex at first, but with a little research, anyone can quickly buy and sell Bitcoin in no time.
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bitgenixservices · 2 years ago
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Seven Benefits Of Investing In Cryptocurrencies
Cryptocurrencies have gained their fair share of popularity and attention in recent years. They are easy to navigate and provide wealthy returns, although with some risk involved. You can make decent money with a full-proof plan and good knowledge about the best crypto investment options. As digital assets, they offer numerous benefits that traditional investments often lack. 
Decentralization and security
Cryptocurrencies are decentralized which means they are not controlled by any central authority or government. This characteristic enhances security by reducing the risk of fraud and hacking. Unlike traditional banking systems, which rely on intermediaries and centralized databases, cryptocurrencies utilize advanced encryption techniques to secure transactions and protect users' funds.
Global accessibility and financial inclusion
One of the most remarkable benefits of cryptocurrencies is their global accessibility. Anyone with an internet connection can participate in cryptocurrency transactions, regardless of geographical location or financial status. It has the potential to promote financial inclusion, enabling individuals in underserved regions to access banking services and participate in the global economy.
Transparency and accountability
Cryptocurrencies run on blockchain technology, a decentralized ledger that records all activity in a transparent and inert manner. This transparency fosters trust among users by allowing them to verify and trace every transaction. Additionally, the blockchain eliminates the need for third-party intermediaries, reducing costs and enhancing accountability.
Potential for high returns
Cryptocurrencies have experienced significant price volatility, leading to the potential for high returns on investment. While this volatility carries risks, it also presents opportunities for substantial profits. Numerous individuals and institutional investors have witnessed substantial gains by investing in cryptocurrencies during the past decade. However, conduct thorough research about different crypto investment platform and trending cryptocurrencies to bid money on and be cautious when investing in this dynamic market.
Diversification and portfolio expansion
Cryptocurrencies provide an excellent opportunity for diversification, enabling investors to expand their portfolios beyond traditional assets like stocks and bonds. Adding cryptocurrencies to your investment mix can mitigate risk and increase the potential for higher returns. Diversification is a fundamental strategy for portfolio management, and cryptocurrencies offer a unique avenue for achieving it.
Innovation and technological advancements
The underlying technology behind cryptocurrencies, blockchain, has immense potential to revolutionize various industries. By investing in cryptocurrencies, you can support the development and implementation of innovative blockchain-based solutions. These solutions can transform sectors such as finance, supply chain management, healthcare, and more. Investing in cryptocurrencies provides financial benefits but also contributes to technological advancements.
Liquidity and accessibility to alternative investments
Cryptocurrencies offer high liquidity, allowing investors to quickly trade digital assets. This accessibility to alternative investments can be particularly beneficial in times of economic uncertainty. Cryptocurrencies operate independently of traditional financial systems, making them less susceptible to the fluctuations of traditional markets. As a result, cryptocurrencies can provide a hedge against economic volatility and diversify investment portfolios. Investing in cryptocurrencies presents several advantages making them an appealing option for investors. As with any investment, it is crucial to exercise caution, conduct thorough research, and seek professional advice before venturing into the cryptocurrency market.
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saqibraza15 · 3 months ago
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Earn Money 💵 You can earn 500$ daily Best earning platform
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carolinedane · 6 months ago
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Dive into the future of finance with our upcoming cryptocurrency project! Backed by innovative technology and promising growth potential, this opportunity is perfect for those ready to seize the next big thing in digital assets. Join our journey early for maximum rewards. Let’s shape the future together—get in touch today!
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crytolenz · 7 months ago
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Cryptolenz is your go-to destination for insightful articles on cryptocurrency and blockchain technology. Our platform offers a curated selection of educational resources, expert analyses, and market insights to help you navigate the dynamic world of digital assets. Whether you're a seasoned investor or a newcomer to the crypto space, Cryptolenz provides valuable information to empower your decision-making and stay ahead of the curve. Join our community and explore the future of finance with Cryptolenz
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yacrypto · 9 months ago
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Get the Top Crypto Trading Platform - YaCrypto
YaCrypto gives the top crypto trading platforms. Our platform is designed to provide comprehensive guidance and support. YaCrypto is your go-to destination for cryptocurrency trading for beginners.
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singulardex · 9 months ago
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The Art of Mastering the Digital Currency Financial Landscape
With the rise of cryptocurrencies, more and more investors are seeking opportunities to capitalize on the potential gains offered by digital assets. However, navigating the volatile and complex crypto market can be challenging, especially for those who are new to the space. This is where crypto investment platform come into play, offering a convenient and user-friendly way for investors to buy, sell, and manage their crypto portfolios.
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The Importance of Professional Fund 
Professional fund managers have the expertise and experience to analyze market trends, identify potential opportunities, and mitigate risks, helping investors achieve their financial goals with confidence. By entrusting their investments to professional fund managers, investors can benefit from expert guidance and portfolio management tailored to their specific needs and risk tolerance. Whether you're a seasoned investor looking to diversify your portfolio or a newcomer seeking guidance in the world of crypto investments, professional fund management services can provide peace of mind and potentially higher returns.
Choosing the Right Crypto Platform
When selecting a crypto investment platform, it's important to consider factors such as security, reliability, user interface, and available features. Look for platforms that offer robust security measures to protect your assets from cyber threats and hacking attempts. Additionally, consider platforms that provide access to a wide range of cryptocurrencies, as well as tools and resources to help you make informed investment decisions.
Furthermore, for investors seeking professional fund management services, it's essential to choose a platform that partners with reputable and experienced fund managers. Look for platforms that offer transparency regarding their fund managers' track records, investment strategies, and performance metrics. Additionally, consider platforms that provide comprehensive reporting and analytics tools to help you monitor your investments and track your portfolio's performance over time.
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Your Partner in Crypto Investments
With a focus on security, transparency, and innovation, company provides investors with access to a wide range of cryptocurrencies and investment opportunities. Through singulardex's platform, investors can benefit from professional fund management services provided by experienced and reputable fund managers. With a track record of success and a commitment to delivering superior returns, singulardex's fund managers offer personalized investment strategies tailored to each investor's goals and risk tolerance.
Conclusion 
Navigating the world of crypto investments requires careful research, strategic planning, and access to reliable resources. To explore singulardex's platform and learn more about their professional fund management services, visit singulardex.com today. With singulardex as your trusted partner in crypto investments, you can navigate the market with confidence and achieve your financial goals.
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blockchaincryptoindia · 1 year ago
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Mastering Cryptocurrency For Beginners
Understanding the Importance of Cryptocurrency for Beginners is paramount in today's rapidly changing financial landscape. This educational journey unveils the significance of digital currencies, highlighting their potential to revolutionize traditional finance. As a beginner, you'll discover how cryptocurrencies offer financial inclusivity, security, and transparency. Explore their role in fostering innovation, decentralization, and borderless transactions. Gain insights into the growing acceptance of crypto in various industries, from finance to technology. By grasping the importance of cryptocurrency, beginners can embark on a path toward financial empowerment, investment diversification, and participation in the digital economy. This knowledge empowers you to make informed decisions and embrace the future of finance.
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profitableforexsignals · 1 year ago
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Profitable Forex Signals 2023 | Mastering the Art of Identifying Forex Signals
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theambitiouswoman · 17 days ago
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I have alot of Asks about how to create a new life, how to get inspired, how to align your goals to your reality, or what do you do when you are in a toxic environment, or you can’t be in another environment for whatever reason, or your friends don’t think like you etc
This is probably the EASIEST and BEST advice I can give you. This includes anyone who wants to pursue a new goal or business or rebrand themselves.
If this applies, please indulge me by opening up your favorite social platform that you love to doom scroll, and you are going to create a brand new account- anon account. Then you are ONLY going to follow pages related to that goal or lifestyle. I wouldn’t tell anyone about the page. Don’t follow anyone you know. This is personal. I have noticed that for probably most of us, we probably have a few people we follow on our personal accounts that we don’t want to know what’s going on or we don’t realize we hold ourselves back because of, or they just make us feel some type of way. So you don’t want that energy in the environment you are creating for yourself.
For example, I have a page that is just for stocks and crypto. And just like any other human being, if I wouldn’t go to the page every day then it wouldn’t be a part of my reality and I wouldn’t know that reality exists. But since I go on the page and I am on top of the posts, I feel like I am consumed by crypto and this is my reality, and I don’t even understand how people don’t know about it or aren’t investing lol and so it is my reality haha
You guys know I’m into working smart not hard and not forcing. You can take control of your life and create a new reality just by what you are consuming (you are literally doing it right now)
Creating your dream reality doesn’t have to be a painful experience you guys. You just have to start by reprogramming your mind and literally making it all you see for yourself.
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carolinedane · 7 months ago
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Latest and upcoming market trends on ICO, IDO or cryptocurrencies.
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mostlysignssomeportents · 7 months ago
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Real innovation vs Silicon Valley nonsense
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This is the LAST DAY to get my bestselling solarpunk utopian novel THE LOST CAUSE (2023) as a $2.99, DRM-free ebook!
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If there was any area where we needed a lot of "innovation," it's in climate tech. We've already blown through numerous points-of-no-return for a habitable Earth, and the pace is accelerating.
Silicon Valley claims to be the epicenter of American innovation, but what passes for innovation in Silicon Valley is some combination of nonsense, climate-wrecking tech, and climate-wrecking nonsense tech. Forget Jeff Hammerbacher's lament about "the best minds of my generation thinking about how to make people click ads." Today's best-paid, best-trained technologists are enlisted to making boobytrapped IoT gadgets:
https://pluralistic.net/2024/05/24/record-scratch/#autoenshittification
Planet-destroying cryptocurrency scams:
https://pluralistic.net/2024/02/15/your-new-first-name/#that-dagger-tho
NFT frauds:
https://pluralistic.net/2022/02/06/crypto-copyright-%f0%9f%a4%a1%f0%9f%92%a9/
Or planet-destroying AI frauds:
https://pluralistic.net/2024/01/29/pay-no-attention/#to-the-little-man-behind-the-curtain
If that was the best "innovation" the human race had to offer, we'd be fucking doomed.
But – as Ryan Cooper writes for The American Prospect – there's a far more dynamic, consequential, useful and exciting innovation revolution underway, thanks to muscular public spending on climate tech:
https://prospect.org/environment/2024-05-30-green-energy-revolution-real-innovation/
The green energy revolution – funded by the Bipartisan Infrastructure Act, the Inflation Reduction Act, the CHIPS Act and the Science Act – is accomplishing amazing feats, which are barely registering amid the clamor of AI nonsense and other hype. I did an interview a while ago about my climate novel The Lost Cause and the interviewer wanted to know what role AI would play in resolving the climate emergency. I was momentarily speechless, then I said, "Well, I guess maybe all the energy used to train and operate models could make it much worse? What role do you think it could play?" The interviewer had no answer.
Here's brief tour of the revolution:
2023 saw 32GW of new solar energy come online in the USA (up 50% from 2022);
Wind increased from 118GW to 141GW;
Grid-scale batteries doubled in 2023 and will double again in 2024;
EV sales increased from 20,000 to 90,000/month.
https://www.whitehouse.gov/briefing-room/blog/2023/12/19/building-a-thriving-clean-energy-economy-in-2023-and-beyond/
The cost of clean energy is plummeting, and that's triggering other areas of innovation, like using "hot rocks" to replace fossil fuel heat (25% of overall US energy consumption):
https://rondo.com/products
Increasing our access to cheap, clean energy will require a lot of materials, and material production is very carbon intensive. Luckily, the existing supply of cheap, clean energy is fueling "green steel" production experiments:
https://www.wdam.com/2024/03/25/americas-1st-green-steel-plant-coming-perry-county-1b-federal-investment/
Cheap, clean energy also makes it possible to recover valuable minerals from aluminum production tailings, a process that doubles as site-remediation:
https://interestingengineering.com/innovation/toxic-red-mud-co2-free-iron
And while all this electrification is going to require grid upgrades, there's lots we can do with our existing grid, like power-line automation that increases capacity by 40%:
https://www.npr.org/2023/08/13/1187620367/power-grid-enhancing-technologies-climate-change
It's also going to require a lot of storage, which is why it's so exciting that we're figuring out how to turn decommissioned mines into giant batteries. During the day, excess renewable energy is channeled into raising rock-laden platforms to the top of the mine-shafts, and at night, these unspool, releasing energy that's fed into the high-availability power-lines that are already present at every mine-site:
https://www.euronews.com/green/2024/02/06/this-disused-mine-in-finland-is-being-turned-into-a-gravity-battery-to-store-renewable-ene
Why are we paying so much attention to Silicon Valley pump-and-dumps and ignoring all this incredible, potentially planet-saving, real innovation? Cooper cites a plausible explanation from the Apperceptive newsletter:
https://buttondown.email/apperceptive/archive/destructive-investing-and-the-siren-song-of/
Silicon Valley is the land of low-capital, low-labor growth. Software development requires fewer people than infrastructure and hard goods manufacturing, both to get started and to run as an ongoing operation. Silicon Valley is the place where you get rich without creating jobs. It's run by investors who hate the idea of paying people. That's why AI is so exciting for Silicon Valley types: it lets them fantasize about making humans obsolete. A company without employees is a company without labor issues, without messy co-determination fights, without any moral consideration for others. It's the natural progression for an industry that started by misclassifying the workers in its buildings as "contractors," and then graduated to pretending that millions of workers were actually "independent small businesses."
It's also the natural next step for an industry that hates workers so much that it will pretend that their work is being done by robots, and then outsource the labor itself to distant Indian call-centers (no wonder Indian techies joke that "AI" stands for "absent Indians"):
https://pluralistic.net/2024/05/17/fake-it-until-you-dont-make-it/#twenty-one-seconds
Contrast this with climate tech: this is a profoundly physical kind of technology. It is labor intensive. It is skilled. The workers who perform it have power, both because they are so far from their employers' direct oversight and because these fed-funded sectors are more likely to be unionized than Silicon Valley shops. Moreover, climate tech is capital intensive. All of those workers are out there moving stuff around: solar panels, wires, batteries.
Climate tech is infrastructural. As Deb Chachra writes in her must-read 2023 book How Infrastructure Works, infrastructure is a gift we give to our descendants. Infrastructure projects rarely pay for themselves during the lives of the people who decide to build them:
https://pluralistic.net/2023/10/17/care-work/#charismatic-megaprojects
Climate tech also produces gigantic, diffused, uncapturable benefits. The "social cost of carbon" is a measure that seeks to capture how much we all pay as polluters despoil our shared world. It includes the direct health impacts of burning fossil fuels, and the indirect costs of wildfires and extreme weather events. The "social savings" of climate tech are massive:
https://arstechnica.com/science/2024/05/climate-and-health-benefits-of-wind-and-solar-dwarf-all-subsidies/
For every MWh of renewable power produced, we save $100 in social carbon costs. That's $100 worth of people not sickening and dying from pollution, $100 worth of homes and habitats not burning down or disappearing under floodwaters. All told, US renewables have delivered $250,000,000,000 (one quarter of one trillion dollars) in social carbon savings over the past four years:
https://arstechnica.com/science/2024/05/climate-and-health-benefits-of-wind-and-solar-dwarf-all-subsidies/
In other words, climate tech is unselfish tech. It's a gift to the future and to the broad public. It shares its spoils with workers. It requires public action. By contrast, Silicon Valley is greedy tech that is relentlessly focused on the shortest-term returns that can be extracted with the least share going to labor. It also requires massive public investment, but it also totally committed to giving as little back to the public as is possible.
No wonder America's richest and most powerful people are lining up to endorse and fund Trump:
https://prospect.org/blogs-and-newsletters/tap/2024-05-30-democracy-deshmocracy-mega-financiers-flocking-to-trump/
Silicon Valley epitomizes Stafford Beer's motto that "the purpose of a system is what it does." If Silicon Valley produces nothing but planet-wrecking nonsense, grifty scams, and planet-wrecking, nonsensical scams, then these are all features of the tech sector, not bugs.
As Anil Dash writes:
Driving change requires us to make the machine want something else. If the purpose of a system is what it does, and we don’t like what it does, then we have to change the system.
https://www.anildash.com/2024/05/29/systems-the-purpose-of-a-system/
To give climate tech the attention, excitement, and political will it deserves, we need to recalibrate our understanding of the world. We need to have object permanence. We need to remember just how few people were actually using cryptocurrency during the bubble and apply that understanding to AI hype. Only 2% of Britons surveyed in a recent study use AI tools:
https://www.bbc.com/news/articles/c511x4g7x7jo
If we want our tech companies to do good, we have to understand that their ground state is to create planet-wrecking nonsense, grifty scams, and planet-wrecking, nonsensical scams. We need to make these companies small enough to fail, small enough to jail, and small enough to care:
https://pluralistic.net/2024/04/04/teach-me-how-to-shruggie/#kagi
We need to hold companies responsible, and we need to change the microeconomics of the board room, to make it easier for tech workers who want to do good to shout down the scammers, nonsense-peddlers and grifters:
https://pluralistic.net/2023/07/28/microincentives-and-enshittification/
Yesterday, a federal judge ruled that the FTC could hold Amazon executives personally liable for the decision to trick people into signing up for Prime, and for making the unsubscribe-from-Prime process into a Kafka-as-a-service nightmare:
https://arstechnica.com/tech-policy/2024/05/amazon-execs-may-be-personally-liable-for-tricking-users-into-prime-sign-ups/
Imagine how powerful a precedent this could set. The Amazon employees who vociferously objected to their bosses' decision to make Prime as confusing as possible could have raised the objection that doing this could end up personally costing those bosses millions of dollars in fines:
https://pluralistic.net/2023/09/03/big-tech-cant-stop-telling-on-itself/
We need to make climate tech, not Big Tech, the center of our scrutiny and will. The climate emergency is so terrifying as to be nearly unponderable. Science fiction writers are increasingly being called upon to try to frame this incomprehensible risk in human terms. SF writer (and biologist) Peter Watts's conversation with evolutionary biologist Dan Brooks is an eye-opener:
https://thereader.mitpress.mit.edu/the-collapse-is-coming-will-humanity-adapt/
They draw a distinction between "sustainability" meaning "what kind of technological fixes can we come up with that will allow us to continue to do business as usual without paying a penalty for it?" and sustainability meaning, "what changes in behavior will allow us to save ourselves with the technology that is possible?"
Writing about the Watts/Brooks dialog for Naked Capitalism, Yves Smith invokes William Gibson's The Peripheral:
With everything stumbling deeper into a ditch of shit, history itself become a slaughterhouse, science had started popping. Not all at once, no one big heroic thing, but there were cleaner, cheaper energy sources, more effective ways to get carbon out of the air, new drugs that did what antibiotics had done before…. Ways to print food that required much less in the way of actual food to begin with. So everything, however deeply fucked in general, was lit increasingly by the new, by things that made people blink and sit up, but then the rest of it would just go on, deeper into the ditch. A progress accompanied by constant violence, he said, by sufferings unimaginable.
https://www.nakedcapitalism.com/2024/05/preparing-for-collapse-why-the-focus-on-climate-energy-sustainability-is-destructive.html
Gibson doesn't think this is likely, mind, and even if it's attainable, it will come amidst "unimaginable suffering."
But the universe of possible technologies is quite large. As Chachra points out in How Infrastructure Works, we could give every person on Earth a Canadian's energy budget (like an American's, but colder), by capturing a mere 0.4% of the solar radiation that reaches the Earth's surface every day. Doing this will require heroic amounts of material and labor, especially if we're going to do it without destroying the planet through material extraction and manufacturing.
These are the questions that we should be concerning ourselves with: what behavioral changes will allow us to realize cheap, abundant, green energy? What "innovations" will our society need to focus on the things we need, rather than the scams and nonsense that creates Silicon Valley fortunes?
How can we use planning, and solidarity, and codetermination to usher in the kind of tech that makes it possible for us to get through the climate bottleneck with as little death and destruction as possible? How can we use enforcement, discernment, and labor rights to thwart the enshittificatory impulses of Silicon Valley's biggest assholes?
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If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/05/30/posiwid/#social-cost-of-carbon
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crytolenz · 8 months ago
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Cryptolenz is a US based company operating on global level, offering cryptocurrency - related services. We are specialized in aggregating cryptocurrency news, providing real time market updates and offering insights on upcoming ICOs, IDOs and Airdrops. We also assist users in discovering launchpad platforms, exploring various cryptocurrencies, offering articles and guides to educate the users about important crypto topics. With our commitment to offer comprehensive and valuable information, we are aiming to be the trusted platform for crypto enthusiasts.
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scam-alerts · 1 month ago
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🔎Scam Exam(ination)🔍
Seen as: You should DM me / Message me Scam Type: Free Money Scam
As the saying goes, nothing good is ever free.
Everything has a cost, and if you fall for a scam like this?
You may find yourself losing far more than you wanted to gain...
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How it starts:
The way this scam starts is simple. You receive a comment on a post, a direct message, or an ask from someone you don't know asking you to message them. Yes, it's that simple on the outside. But this scam can also come with ✨extras✨ in an attempt to entice you as you'll see below.
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You may even receive something akin to this message:
If $1,500 was deposited in your what will you use it for, be honest. Send your <payment> tag.
Which, if you've heard about that type of scam before, you'll know that it circulates on social media platforms like facebook, instagram, discord, and tiktok.
This scam on tumblr is pretty much the same thing.
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🚩Red Flags🚩
The account isn't older than a day or a week at best. (You can check this by viewing blogname.tumblr.com/archive.)
The account has no posts, is 'blank' or has obv stolen pictures. (blank = no avatar/header)
The account openly says something like this:
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First contact:
If you contact these individuals, several things may happen.
1- You may be asked to be their 'sugar baby' or they will claim to be a 'sugar mommy/daddy'. They will say they will give you a weekly allowance, free gifts, or even promise you funding for trips just for talking and spending time with them. They may also offer to pay your bills and take care of you if you are someone who has posted about financial troubles.
2- You may be told that the person contacting you is just a wealthy individual simply looking to 'give people money' out of the goodness of their hearts and they want absolutely nothing in return. Or that they won the lottery and have too much and that they're just ✨giving it away✨.
But, sadly, they do want something from you.
The catch:
Where the scammers get you with this scam is that they usually tell you that they need some sort of 'favor' from you before you receive your first official gift or payment from them.
Remember: this is meant to be free money. So why would you need to give them anything, right?
1- These scammers may request you pay a 'small fee' to cover things like shipping costs of a fake check (ftc.gov) or item they want to send you. This would require you giving them your bank information which you (for obvious reasons) should not do under any circumstance.
2- They may ask for your PayPal, Cash App, or Venmo, and upon you sending it to them, they will doctor up a fake screenshot that shows that they sent you a payment and/or that something 'went wrong'.
In reality: they did not send you anything.
From here these scammers will then ask you to send money to their preferred address to 'verify' the transaction or 'unlock' the account. (which.. isn't how it works, by the way.) And upon receiving your $20-$50+, they take your money, block you, and leave.
3- This is the most annoying one of all. They start hyping up how they made all of this glorious and wonderful money, and they ask you to go to a website and invest in it with Crypto.
From here it is an obvious Crypto investment scam. And any website they send you to will either a) phish you, or b) it is fake and they will manipulate it to manipulate -you-. You'll think you're making money, and you'll invest more and more, and then when they have thousands of dollars, they'll steal it from you.
Here is a video from the YouTuber/Twitch streamer Kitboga where he talks about how these websites and this scam works in detail and shows you how he dove into this scam head first with recorded calls with these scammers. And trust me, they are very convincing.
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Final thoughts: If you're someone who needs money, be it for medical reasons or something personal, getting messages like this can be really dangerous. 'Free' isn't 'free' especially in the case of free offers on the internet. There will always be a catch one way or another.
Always trust your gut and don't be afraid to ask questions.
Also remember to report messages like these when you receive them so that tumblr can look into it.
Stay safe everyone. :)
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mariacallous · 14 days ago
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I was 12 years old when the far-right English Defence League (EDL) marched through my town of Luton. Teachers at my all-boys, majority Muslim state comprehensive told us to stay indoors. We were overwhelmingly working-class, the children of taxi drivers and factory workers for whom racist violence was a regular occurrence.
Many of us aligned with people organising the counter-demonstrations against the EDL and soon found other common ground. Alongside antifascism, the activists were vocal on foreign policy issues such as Iraq and Palestine, as well as the domestic issue of austerity.
When I visited my old school recently, I found very different political alliances. Teachers expressed concern about the growing influence of rightwing figures such as Andrew Tate. The influencer is part of a wider network, known loosely as the “manosphere”, which comprises anti-woke culture warriors, get-rich “crypto bros” and Donald Trump supporters. Here were young Pakistani and Bangladeshi boys taking part in a community that includes many who openly despise them. For example, Tate has previously met Tommy Robinson “untold times”, and in a 2022 interview he claimed that the EDL co-founder was ���doing his very best to protect England from Islamisation”. To the surprise of many, later that year Tate converted to Islam.
It’s easy to understand the appeal of these influencers, who pose as self-help gurus, speaking directly to insecure young men of all races seeking to live better lives. The growing mental health crisis among young people and the longstanding stigma attached to any discussion of it in the Muslim community leads many vulnerable young men to seek solace in the words of influencers whose videos reference depression, anxiety and how to find motivation to move forward in life.
These young men quickly become enamoured of influencer lifestyles and seek to emulate them. Tate, in fact, grew up on the deprived Marsh Farm estate in Luton, and flaunts his money and flashy cars to impressionable young people. Crypto bros, made hyper-accessible through YouTube, TikTok and Instagram, actively encourage followers to invest in stocks and shares. A year-nine student approached me after I had given a talk at my former school and asked: “How do I become a millionaire without going to school?”
These young people are entering into an economy that is unequal, a society that is atomised and workplaces that are insecure. The idea that you can rise with your class rather than out of it has all but vanished. In Luton, nearly half of children are growing up in poverty. When ethnicity is factored in, figures show that in the UK, 67% of Bangladeshi children and 58% of Pakistani children are living in poverty. Like many areas of Britain, our town has been affected by deindustrialisation, cuts to public services and the resulting loss of social infrastructure. The decline in these spaces – youth clubs, libraries and community centres – has meant a decline in social interaction, too; the void has been filled by social media platforms.
During the Jeremy Corbyn years, many young people had a sense of hope that the state could improve their lives. I remember the long queues of young people outside the polling stations in Luton in 2017, and how many registered to vote at the stalls we used to run at the local sixth-form college. Many of us canvassed for the Labour party in Luton and in neighbouring Bedford. We were promised rent controls, the abolition of tuition fees, free travel, free wifi and an increase in the minimum wage.
Now, in the absence of such a project, many are increasingly turning to individual solutions peddled by online influencers. Why dismantle the system when you can become one of its beneficiaries? Why favour higher taxes that might one day come at your expense?
The pipeline for men of colour subscribing to rightwing influencers online to voting for rightwing parties at the ballot box was made clear during the US election. A record 46% of Hispanic voters opted for Trump – a 14-point increase from 2020. Trump also saw modest gains among Black men. Minority communities have suffered from the effects of globalisation, deindustrialisation and decline.
For far too long in the UK, progressives have taken for granted the votes of Black and Asian communities – but recent electoral events and reports show that this is ill-informed. Take Brexit: it is often depicted as the revolt of the white working class, but diverse towns and cities such as Luton, Bradford and Birmingham also voted to leave the European Union. A new report by UK in a Changing Europe shows British Bangladeshi, Black Caribbean and non-white Muslim and Christian voters are particularly likely to hold socially conservative views on issues such as crime and foreign aid in comparison with those from other ethnic or religious groups. Meanwhile, British Indian and Chinese voters are more likely to hold rightwing economic views. Both the former and current Conservative leaders, Rishi Sunak and Kemi Badenoch, are representative of this wider shift. Many ethnic minority voters already hold rightwing views, and we may see this point of view grow in younger generations as the online culture they consume is dominated by the right.
On the Marsh Farm estate where Tate grew up, there is an alternative model of self-help being pioneered by local residents. Marsh Farm Outreach prides itself on collectivism and face-to-face social interaction. Its bottom-up community-organising approach transformed a derelict 17th-century farmhouse into a community hub. The building is now home to a DJing academy for local children excluded from school, Luton’s first Black radio station and a restaurant and bar. Here, on the estate, few young men believe there are any heroes in Westminster coming to save them, but they have found support in a local community.
Bringing young people into their physical communities, and out of their online ones, may be one way to counter the rise of the right. As these young people reach voting age, time is running out for the Labour party.
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singulardex · 9 months ago
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