Jay-Z’s bitcoin school met with skepticism in his former housing project: ‘I don’t have money to be losing’

The hip-hop mogul loves to rap about his roots in Brooklyn's Marcy housing projects. But classes in cryptocurrency show the billionaire is out of touch, residents say

Marcy Houses, the 28-acre public housing development in Brooklyn's Bedford-Stuyvesant neighborhood, is best-known as a pillar of rapper-turned-mogul Jay-Z's New York persona. Built in 1949 as part of a push by the New York City Housing Authority to house the city's low-income residents, Marcy had fallen into a state of dangerous disrepair by the 1970s when Jay-Z, whose real name is Shawn Carter, was growing up there.

Where I'm from, Marcy son, ain't nothing nice," he raps in Where I'm From. Marcy me, just the way I am always gonna be," he declares in 2017's Marcy Me.