Bitcoin helps former prisoners – Bitcoin Magazine

Bitcoin helps former prisoners – Bitcoin Magazine

Ubaydah Baa’ith is one of thousands of previously imprisoned Americans who found greater economic security thanks to bitcoin, since employment, banking and housing discrimination against returned citizens is widespread throughout the United States.

“I come from generational imprisonment. My grandmother and uncle took time, here I am years later with armed robbery, “said Baa’ith. “I learned about bitcoin when I was in a halfway house in 2018.”

When Baa’ith entered the halfway house, he met Clovia Lawrence, co-founder of Project Give Back To Community, and immediately became involved in educational programs that focus on low-income colored communities. Some studies estimate that more than half of African Americans have had a family member imprisoned at some point, which has a significant impact on housing availability and food security. Former inmates are far less likely to receive loans or job offers, and the difference is even greater among blacks and Latinos.

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