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My First Bitcoin, a nonprofit targeted on grassroots Bitcoin schooling, simply announced they’re receiving a $1 million grant from Begin Small. This funding will assist scale efforts to offer free, open supply Bitcoin schooling for the world.
“The revolution of Bitcoin schooling is that it teaches college students HOW to assume, not WHAT to assume,” mentioned Founder and Govt Director of My First Bitcoin John Dennehy. “Funding from sources with their very own incentives is the best vulnerability that threatens that. Training might be captured by whoever funds it. We are going to by no means take any authorities cash and incessantly flip down funding from firms and firms. The delicate affect of funding has ruined fiat schooling and we have to create various fashions for the revolution of Bitcoin schooling to understand its full potential.”
This grant offers My First Bitcoin the flexibility to develop its attain and enhance instruments just like the Bitcoin Diploma, Intro Course, and instructor coaching workshops. It additionally strengthens their Online School and Community Hub, making Bitcoin schooling extra accessible to individuals in all places.
This funding isn’t just a milestone—it’s an announcement. As Dennehy added, “My First Bitcoin is a proof-of-concept for all unbiased Bitcoin educators that for those who keep on the mission, even when it’s difficult, then you’ll come out the opposite facet even stronger.”
My First Bitcoin began in 2021 as a small native mission. Since then, it’s grown into a worldwide motion. Through the years, the workforce has taught tens of hundreds of scholars in-person, testing and refining supplies primarily based on real-world suggestions.
In 2022, My First Bitcoin awarded Bitcoin diplomas to 38 highschool college students in El Salvador. As a part of this system, the scholars had 10 classes which included the introduction to financial programs, the results of fiat, financial historical past, understanding bitcoin, wallets and the Bitcoin community, the double-spend drawback and nodes, safety and mining, the worth of bitcoin, the Lightning Community and Bitcoin’s future, and the ultimate mission.
In 2023, the group launched the Impartial Bitcoin Educators Node Community—now with over 65 tasks throughout greater than 35 international locations. These embrace round economies, meetup teams, and different native Bitcoin tasks. What unites them is their shared dedication to 6 core values: “that their schooling is unbiased, neutral, community-led, Bitcoin-only, high quality, and targeted on empowerment over revenue.”
“Open supply cash deserves open supply schooling. Over the previous few years, we’ve seen rising demand for our assets all over the world, and we stay dedicated to serving everybody within the Bitcoin house who wants assist,” mentioned Director of Communications at My First Bitcoin Arnold Hubach.