El Salvador's 'My First Bitcoin': How to Teach a Nation About Crypto
If successful, the "Mi Primer Bitcoin" program, which was recently rolled out in El Salvador, could soon arrive at a school near your house.
Analysis
The popular Mi Primer Bitcoin program, which stands for "My First Bitcoin", has gained momentum in El Salvador. The first cohort of Bitcoiner-come students began their studies in May. Founded by John Dennehy, an American activist and journalist, the program also has the support of the Salvadoran government.
El Salvador's first #Bitcoin degree program launched with support from its Ministry of Education pic.twitter.com/ajIHPHzqap
— Bitcoin Magazine (@BitcoinMagazine) May 2, 2022Cointelegraph sat down with Dennehy and Gilberto Motto, Director of Education of El Salvador, to dive into the country's struggles and successes in Bitcoin (BTC) education and to understand the speed at which it spreads to the land of volcanoes.
The Genesis BlockWhen El Salvador adopted Bitcoin as legal tender on June 8, 2021, very few Salvadorans, other than President Nayib Bukele, could explain concepts such as keyphrases, satoshis, or mining. There was "Bitcoin Beach", the name given to the sleepy surf town of El Zonte, the birthplace of Bitcoin adoption in El Salvador.
But the 3,000 local residents would have their work cut out to teach the remaining 6 million. Indeed, Salvadorans would need hundreds of hours of training, learning and “plundering oranges” to be able to save and transact in Bitcoin.
The moment Bukele has onboarded up to 6 million people into the Bitcoin protocol. Source: TwitterA gigantic task awaited the Salvadoran government. Motto told Cointelegraph that, in accordance with
If successful, the "Mi Primer Bitcoin" program, which was recently rolled out in El Salvador, could soon arrive at a school near your house.
Analysis
The popular Mi Primer Bitcoin program, which stands for "My First Bitcoin", has gained momentum in El Salvador. The first cohort of Bitcoiner-come students began their studies in May. Founded by John Dennehy, an American activist and journalist, the program also has the support of the Salvadoran government.
El Salvador's first #Bitcoin degree program launched with support from its Ministry of Education pic.twitter.com/ajIHPHzqap
— Bitcoin Magazine (@BitcoinMagazine) May 2, 2022Cointelegraph sat down with Dennehy and Gilberto Motto, Director of Education of El Salvador, to dive into the country's struggles and successes in Bitcoin (BTC) education and to understand the speed at which it spreads to the land of volcanoes.
The Genesis BlockWhen El Salvador adopted Bitcoin as legal tender on June 8, 2021, very few Salvadorans, other than President Nayib Bukele, could explain concepts such as keyphrases, satoshis, or mining. There was "Bitcoin Beach", the name given to the sleepy surf town of El Zonte, the birthplace of Bitcoin adoption in El Salvador.
But the 3,000 local residents would have their work cut out to teach the remaining 6 million. Indeed, Salvadorans would need hundreds of hours of training, learning and “plundering oranges” to be able to save and transact in Bitcoin.
The moment Bukele has onboarded up to 6 million people into the Bitcoin protocol. Source: TwitterA gigantic task awaited the Salvadoran government. Motto told Cointelegraph that, in accordance with
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