My First Bitcoin, a nonprofit targeted on grassroots Bitcoin training, simply announced they’re receiving a $1 million grant from Begin Small. This funding will assist scale efforts to supply free, open supply Bitcoin training for the world.
“The revolution of Bitcoin training 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 can be captured by whoever funds it. We’ll by no means take any authorities cash and often flip down funding from companies and firms. The delicate affect of funding has ruined fiat training and we have to create various fashions for the revolution of Bitcoin training to comprehend its full potential.”
This grant offers My First Bitcoin the power to develop its attain and enhance instruments just like the Bitcoin Diploma, Intro Course, and trainer coaching workshops. It additionally strengthens their Online School and Community Hub, making Bitcoin training 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 for those who 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 venture. Since then, it’s grown into a world motion. Through the years, the crew has taught tens of hundreds of scholars in-person, testing and refining supplies based mostly 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 techniques, the results of fiat, financial historical past, understanding bitcoin, wallets and the Bitcoin community, the double-spend downside and nodes, safety and mining, the worth of bitcoin, the Lightning Community and Bitcoin’s future, and the ultimate venture.
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 training is impartial, neutral, community-led, Bitcoin-only, high quality, and targeted on empowerment over revenue.”
“Open supply cash deserves open supply training. Over the previous few years, we’ve seen rising demand for our assets around the globe, and we stay dedicated to serving everybody within the Bitcoin area who wants assist,” mentioned Director of Communications at My First Bitcoin Arnold Hubach.