Revolutionizing Financial Education in El Salvador
An El Salvador-based non-profit organization is transforming financial literacy through an innovative educational program focused on Bitcoin. With the recent launch of its updated BTC Diploma, the organization, known as My First Bitcoin or “Mi Primer Bitcoin,” aims to promote wider adoption of the leading cryptocurrency and educate individuals about its benefits.
First Bitcoin Program in Public Schools Worldwide
– My First Bitcoin started offering Bitcoin courses in El Salvador after the implementation of the Bitcoin Law in 2021
– In June 2022, they launched the first 10-week educational program involving 38 students from public schools
– This marked an essential milestone as the first BTC Diploma program introduced in a public school system globally
– They now collaborate with the Ministry of Education of El Salvador, with their open-source exercise book being the primary resource for the Bitcoin educational program
Training Teachers and Establishing a Network
– My First Bitcoin is currently training 700 teachers from public schools across El Salvador
– The goal is to distribute the BTC Diploma curriculum in local schools
– The organization has created a self-governing network of BTC educators consisting of over 29 educational projects from 18 countries
– This initiative has a significant impact beyond the borders of El Salvador
Empowering the Future with Bitcoin Education
The publication of the 2024 edition of the BTC Diploma is a crucial step in advancing My First Bitcoin’s mission. This curriculum, spanning 175 pages and divided into ten chapters, covers various topics ranging from the history of money to the challenges posed by government-issued currencies and the solutions offered by Bitcoin. Additionally, it explores the technical aspects of Bitcoin and the Lightning Network.
Global Interest in Financial Education
– All materials are available on GitHub, encouraging participation in translating the curriculum
– The previous edition was translated into 23 languages, showcasing global interest in financial education related to Bitcoin
– John Dennehy, the founder and CEO of My First Bitcoin, emphasizes the importance of Bitcoin education in the current financial landscape, highlighting its transformative potential for the future
Hot Take
Issues in El Salvador for the crypto wallet Chivo: A recent data breach exposed the personal information of over 5 million citizens. This breach, involving a database of 144 GB, contained detailed information like full names, unique identity numbers, addresses, and even high-definition photos of users. The leak, linked to the Chivo crypto wallet, raises concerns about data security and privacy.
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