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A ‘growth hacker’ uses cryptocurrencies to help homeless people

torajacybernews by torajacybernews
March 29, 2021
in Bitcoin, Business, Market
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A ‘growth hacker’ uses cryptocurrencies to help homeless people
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Before the 2017 uptrend, growth hacker Giacomo Arcaro used to sleep in his car. Now, an entrepreneur speaking at cryptocurrency conferences and forums, is looking for ways to promote adoption and help those struggling financially as a result of the current pandemic.

This past weekend, Arcaro prepared to issue up to $ 50,000 worth of Ether (ETH) cryptocurrency loans to homeless and homeless people in New York City. After speaking with some of the roughly 80,000 of the city’s homeless population on a different occasion, and giving away some Bitcoin (BTC) in the process, he said that, unsurprisingly, many were asking for money for necessities like blankets or food. However, it was reported that some wanted funds to purchase equipment to work remotely, e.g. Eg microphones.

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On March 20, the growth hacker put up posters on Wall Street with cryptocurrency expert Eloisa Marchesoni and listened to business speeches from homeless people, many of whom do not have the ability to apply for a loan through traditional banks. Arcaro approved 12.5 ETH, approximately $ 22,000 at press time, in loans, averaging 0.5 ETH for each person.
Read the full article on Cointelegraph

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