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New Bitcoin Education Initiative Launched In El Salvador’s Public School System

April 1, 2024
in Crypto Updates
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A non-profit group centered on Bitcoin (BTC) training, working out of El Salvador, has just lately unveiled an up to date model of its Bitcoin Diploma program. The initiative goals to advertise wider adoption of the main cryptocurrency and educate people about the advantages of understanding its underlying expertise.

BTC Training Goes Mainstream

Often known as “Mi Primer Bitcoin” or “My First Bitcoin,” the group began providing BTC lessons in El Salvador after the nation applied the Bitcoin Legislation in 2021. 

In June 2022, they launched the primary 10-week instructional program, enrolling 38 college students from public colleges in El Salvador. This initiative marked the primary time a BTC Diploma program had been launched in any public faculty system worldwide.

The non-profit group now collaborates with the Ministry of Training in El Salvador, which has adopted the open-source workbook as the first useful resource for its BTC-focused instructional program.

By way of a pilot program in collaboration with the federal government and in partnership with Bitcoin Seashore, a challenge developed for a “sustainable BTC financial ecosystem” on the coast of El Salvador, the non-profit group is at present coaching 700 public faculty academics throughout the nation. These academics will subsequently ship the BTC Diploma curriculum of their native colleges.

As well as, My First Bitcoin established a self-governing “Node Community” of frontline BTC educators in March 2023, with over 29 instructional tasks from 18 international locations already using the Bitcoin Diploma. 

Monetary Literacy For The Bitcoin Period

The launch of the 2024 version of the BTC Diploma represents a major milestone in My First Bitcoin’s mission to advertise world BTC adoption and monetary empowerment. 

The curriculum covers numerous matters, together with the historical past of cash, the emergence of government-issued forex, the challenges related to fiat cash, and the way BTC gives options to those points. It additionally delves into the technical workings of BTC and the Lightning Community, the second-layer community that permits BTC’s sensible contract performance.  

The 175-page workbook is split into ten chapters and designed for a ten-week studying program. All supplies are publicly obtainable on GitHub, and the group actively encourages people to take part in translating the curriculum. 

The 2023 version has been translated into 23 languages by a community of over 40 worldwide educators, together with Korean, Swahili, Luganda, Russian, Tamil, Japanese, and Hindi.

John Dennehy, founder and govt director of My First Bitcoin, emphasised the group’s perception within the energy of BTC training. He acknowledged: 

We consider Bitcoin training will change the world, and this re-creation is an enormous step in that course. Studying monetary literacy for the BTC Period is empowering and results in important second-order results. That data will encourage us to construct, to create, and to plan additional into the long run–and that adjustments all the things.

The every day chart reveals that BTC’s worth has been trending downward up to now 24 hours. Supply: BTCUSD on TradingView.com

The most important cryptocurrency available in the market is buying and selling at $69,460, representing a worth drop of 1.5% over the previous 24 hours. 

Featured picture from Shutterstock, chart from TradingView.com



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Tags: BitcoineducationinitiativeLaunchedPublicSalvadorsSchoolSystem
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