Cryptocurrency can actually make a difference by helping people – Cointelegraph

Cryptocurrency can actually make a difference by helping people – Cointelegraph

Between Bitcoin (BTC) breaking the $50,000 hurdle and the upswell in the altcoin markets, crypto has never been more appealing to speculators. But, stacking profits through trading is worthless unless that money is spent. Luckily, charitable organizations are waking up to the possibility of crypto donations as the world embraces crypto. For blockchain entrepreneur Wendy O, when a local gym was in jeopardy, she knew to tap into crypto Twitter for help. Using social media, her YouTube channel and Tik-Tok, the influencer sent out the call to save a business dear to her heart.

The Self Care Lab is a boxing gym located in Pomona, CA which caters to underprivileged and at-risk youth. Owner Nita Watson recently discovered that the ownership of the gym’s building had changed hands and she had a mere 30 days to vacate and find a new home for a community she had spent years building up.

Thankfully, Wendy O is a long-time client of the gym and a strong proponent of using physical fitness to uplift the youth. Wendy tapped into her network of blockchain enthusiasts, traders, entrepreneurs, and self-declared “degens” to raise the funds to not only move locations but upgrade various, worn-down pieces of equipment. While the gym’s Go Fund Me page has not reached its final goal, she and other members are optimistic they will raise enough donations in fiat and crypto to secure a new location. Wendy O told Cointelegraph:

“This
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