My First Bitcoin Bags $1M to Spread the BTC Gospel (You’re Welcome, World!)

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Hold onto your digital wallets, folks! In a truly heartwarming twist of fate, My First Bitcoin (MFB) has just bagged a $1 million grant from Jack Dorsey’s grantmaking initiative, #startsmall. Because who doesn’t love a good “crypto-for-good” story? 😎

The $1 Million Crypto Love Fest

On Tuesday (mark your calendars, people), My First Bitcoin announced the generous donation from the #startsmall team to fuel their mission of spreading Bitcoin knowledge worldwide. The Central American non-profit is now ready to continue its crusade to make BTC education as accessible as that one meme you can’t stop sharing.

Founded in 2021 in the land of volcanoes and Bitcoin buzz, El Salvador, MFB’s mission is to democratize BTC education through grassroots initiatives. Their programs include everything from Bitcoin Educators Unconferences (yes, that’s a thing) to, you know, world domination—one blockchain enthusiast at a time.

According to the announcement, this shiny new grant is going to turbocharge MFB’s creation and distribution of “free and open-source Bitcoin education materials and infrastructure.” Because who needs an expensive university degree when you’ve got free resources that could make you the next crypto guru? 🙌

Plus, the grant will help MFB ramp up their digital platforms. So if you’ve been slacking on your BTC studies, now’s your chance to catch up with their Online School and Community hub. No excuses. Get that Bitcoin knowledge flowing.

In 2022, MFB launched the BTC Diploma program. No, this isn’t a Hogwarts acceptance letter, but it’s close. The program covers everything from the history of fiat money to the crypto chaos that’s Bitcoin’s many wonders. And guess what? Tens of thousands of students in El Salvador have already enrolled—yes, even the skeptical ones. The 2023 workbook is so well-travelled, it’s available in 23 languages and popping up everywhere from South America to Asia. 🌍

MFB didn’t stop there. They’ve teamed up with El Salvador’s Ministry of Education to add BTC education into the national curriculum. That’s right, the public school system is about to get a crypto upgrade in 2024. Talk about a revolution! 📚

Oh, and did we mention the Independent Bitcoin Educators Node Network? Launched in 2023, this global community now boasts over 65 projects from 35 countries. It’s like the Avengers, but for Bitcoin education. And don’t worry, MFB is still supporting them—so no rogue educators here.

BTC Education: The Transparent Way

In their Education Manifesto (yes, it’s a thing), MFB dropped a truth bomb: the fiat education system is “corrupted and abused.” Ouch. But hey, when it comes to Bitcoin education, they’re all about transparency, decentralization, and community-led efforts. Because the future of education isn’t about what you learn—it’s about how you learn it. And Bitcoin’s just the vehicle for that.

So, what does this all mean? Well, MFB’s pretty excited about the grant. They call it a “huge win” for independent BTC education. With this funding, they plan to serve the global community even better than before. Public education, public funding, public everything. It’s all about keeping it real, in public.

John Dennehy, MFB’s founder and Executive Director, put it best: “The revolution of Bitcoin education teaches students HOW to think, not WHAT to think.” Take that, traditional education system! And he’s quick to add that funding from biased sources? That’s the real danger. So, yeah, no strings attached here. 💸

Arnold Hubach, MFB’s Director of Communications, also had some words of wisdom: “Open-source money deserves open-source education.” A sentiment we can all get behind. He finished by stating that this grant is going to help MFB plan for the future and continue being the go-to place for free educational tools. No big deal, right? 😜

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2025-05-14 11:28