My First Bitcoin, a nonprofit targeted on grassroots Bitcoin schooling, simply introduced 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. Schooling will probably be captured by whoever funds it. We’ll by no means take any authorities cash and incessantly flip down funding from firms and corporations. The refined 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 power to increase its attain and enhance instruments just like the Bitcoin Diploma, Intro Course, and trainer coaching workshops. It additionally strengthens their On-line Faculty and Neighborhood Hub, making Bitcoin schooling extra accessible to individuals in every single place.
This funding isn’t just a milestone—it’s an announcement. As Dennehy added, “My First Bitcoin is a proof-of-concept for all impartial Bitcoin educators that should you keep on the mission, even when it’s difficult, then you’ll come out the opposite aspect even stronger.”
My First Bitcoin began in 2021 as a small native undertaking. Since then, it’s grown into a worldwide motion. Over time, the crew has taught tens of 1000’s 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 implications 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 undertaking.
In 2023, the group launched the Unbiased Bitcoin Educators Node Community—now with over 65 tasks throughout greater than 35 nations. These embody round economies, meetup teams, and different native Bitcoin tasks. What unites them is their shared dedication to 6 core values: “that their schooling is impartial, 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 area who wants assist,” mentioned Director of Communications at My First Bitcoin Arnold Hubach.
