logo

My First Bitcoin Receives $1 Million Grant From Jack Dorsey To Expand Global Bitcoin Education

By: bitcoin ethereum news|2025/05/14 04:30:05
0
Share
copy
My First Bitcoin, a nonprofit focused on grassroots Bitcoin education, just announced they are receiving a $1 million grant from Start Small. This funding will help scale efforts to provide free, open source Bitcoin education for the world. My First Bitcoin receives $1 million grant from #startsmall to advance independent Bitcoin Education around the world May 13, 2025 – We are proud to announce that My First Bitcoin has received a $1 million grant from #startsmall . With this financial support from Jack Dorsey’s... pic.twitter.com/Bl5OajOgQu — Mi Primer Bitcoin (@MyfirstBitcoin_) May 13, 2025 “The revolution of Bitcoin education is that it teaches students HOW to think, not WHAT to think,” said Founder and Executive Director of My First Bitcoin John Dennehy. “Funding from sources with their own incentives is the greatest vulnerability that threatens that. Education will be captured by whoever funds it. We will never take any government money and frequently turn down funding from corporations and companies. The subtle influence of funding has ruined fiat education and we need to create alternative models for the revolution of Bitcoin education to realize its full potential.” This grant gives My First Bitcoin the ability to expand its reach and improve tools like the Bitcoin Diploma, Intro Course, and teacher training workshops. It also strengthens their Online School and Community Hub, making Bitcoin education more accessible to people everywhere. This funding is not just a milestone—it’s a statement. As Dennehy added, “My First Bitcoin is a proof-of-concept for all independent Bitcoin educators that if you stay on the mission, even when it’s challenging, then you will come out the other side even stronger.” My First Bitcoin started in 2021 as a small local project. Since then, it’s grown into a global movement. Over the years, the team has taught tens of thousands of students in-person, testing and refining materials based on real-world feedback. In 2022, My First Bitcoin awarded Bitcoin diplomas to 38 high school students in El Salvador. As part of the program, the students had 10 lessons which included the introduction to monetary systems, the consequences of fiat, monetary history, understanding bitcoin, wallets and the Bitcoin network, the double-spend problem and nodes, security and mining, the value of bitcoin, the Lightning Network and Bitcoin’s future, and the final project. In 2023, the organization launched the Independent Bitcoin Educators Node Network—now with over 65 projects across more than 35 countries. These include circular economies, meetup groups, and other local Bitcoin projects. What unites them is their shared commitment to six core values: “that their education is independent, impartial, community-led, Bitcoin-only, quality, and focused on empowerment over profit.” “Open source money deserves open source education. Over the past few years, we’ve seen growing demand for our resources around the world, and we remain committed to serving everyone in the Bitcoin space who needs support,” said Director of Communications at My First Bitcoin Arnold Hubach. this is EPIC I’m so proud of this team and so honored to be a part of this movement this is going to accelerate independent bitcoin education EVERYWHERE! https://t.co/8ytQvIQD0n — John Dennehy (@jdennehy_writes) May 13, 2025 Source: https://bitcoinmagazine.com/news/my-first-bitcoin-receives-1-million-grant-from-jack-dorsey-to-expand-global-bitcoin-education

You may also like

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

A VC from the Crypto world said AI is too crazy, and they are very conservative

Amid the Crypto frenzy and with investors who once missed out on Pinduoduo, a new AI fund called Impa Ventures was established, rejecting bubble narratives and adhering to a conservative "problem-first" strategy to seek real business value.

The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall

The ten-year evolution of perpetual contracts: from pulling the plug on 312 to the shocking short squeeze of TRB, a deep dive into the pricing machine that averages $200 billion daily, written with countless liquidations and real money, detailing the blood and tears of risk control theory.

Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market

Cashtags generated a trading volume of 1 billion dollars just a few days after its launch, marking a strong start for Musk's super app strategy. For the cryptocurrency market, X's layout may be one of the most anticipated sources of retail growth after the meme coin craze subsides.

Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?

Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.

Popular coins

Latest Crypto News

Read more