September 23, 2023 1:55 pm

El Salvador aims to teach Bitcoin in schools by 2024

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The Ministry of Education of El Salvador has partnered with non-profit organization Mi Primer Bitcoin/My First Bitcoin (MPB/MFB) to incorporate Bitcoin education into the country’s public school curriculum by 2024. This initiative aims to provide students with a comprehensive understanding of cryptocurrencies and their potential benefits.

John Dennehy, the founder of MPB, confirmed that the project is being led by the Ministry of Education, with assistance from Bitcoin Beach. The “My First Bitcoin” program, which awards students with a diploma upon completion, will serve as the primary educational material for the Bitcoin component of the curriculum.

To kickstart the program, training for a pilot program will commence on September 7, facilitated by Bitcoin Beach. The training will be provided to 150 public school teachers from 75 schools, equipping them with a foundational knowledge of Bitcoin. Dennehy emphasized that the goal is to ensure that El Salvador sets a positive example as the first country to adopt Bitcoin.

Once the initial training is completed, the teachers will return to their respective schools and teach the curriculum developed by the Ministry of Education. Dennehy expressed optimism that if the pilot program proves successful, it will be expanded to all schools in the country in the following year.

It is worth noting that Bitcoin education is not entirely new in El Salvador. Bitcoin Beach, a prominent crypto-focused community in the country, has already introduced over 25,000 students to the concept of Bitcoin through classroom instruction. This partnership with MPB will now formalize and expand the reach of Bitcoin education across all public schools.

Dennehy emphasized that while El Salvador is currently the focal point, MPB has ambitions to bring Bitcoin education to the world. In fact, the organization is already in preliminary discussions with two other Latin American governments interested in implementing a similar curriculum for their students.

The announcement has garnered attention and praise from the global cryptocurrency community. Many view El Salvador’s initiative as a pioneering step towards widespread adoption and acceptance of cryptocurrencies as legitimate financial instruments.

In light of El Salvador’s efforts, Bitcoin Cuba also announced its own version of the “My First Bitcoin” program. Sign-ups for the inaugural edition of this program in Cuba have officially opened, further highlighting the growing interest in incorporating cryptocurrency education into traditional academic settings.

As El Salvador leads the way in public Bitcoin education, it is anticipated that other nations will follow suit. The eyes of the world are on El Salvador, observing its progress and potential impact on global financial systems.

Overall, the collaboration between the Ministry of Education and MPB/MFB represents a significant milestone in mainstream cryptocurrency education. By integrating Bitcoin into the national curriculum, El Salvador is fostering financial literacy and providing students with the knowledge and tools to navigate the evolving digital economy of the future.

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Original Source: El Salvador aims to teach Bitcoin in schools by 2024

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