We are an international Bitcoin education project, with a focus on El Salvador.
Classes at MyFirstBitcoin require zero advanced knowledge and will be based around using the technology and personally connecting students to what it can do. The core idea is to make it as easy as possible for students to take their first step.
Our mission is global but the focus is on El Salvador because on September 7th, 2021 it became the first country in the world to recognize Bitcoin as legal tender.
We had our first class here on Sept 24th and our first US class on Sept 30th.
We believe that whatever happens in El Salvador will set a strong precedent for global Bitcoin adoption and we are dedicated to ensuring that it is a positive one.
We are growing quickly with classes in three Salvadorean cities plus virtual classes (as well as classes in other nations).
Bitcoin education is severely lacking here and we hope to fill that void.
¿How does it work?
We begin each free 90-minute class by sending a small amount of sats to each student’s wallet so they can practice sending and receiving while the teachers explain broad concepts; they keep this bonus.
We try and keep class sizes to about 6 or 8 to make it more a conversation than a lecture. We pay our growing network of local teachers in Bitcoin.
We also pay our lawyer and every other expense in Bitcoin. Besides education, we aim to help create a circular economy and a thriving Bitcoin community here.
We are in discussions with large partners such as trade schools and factories to teach all their students and workers, one small group at a time.
We are doing as much as we can for free, but it roughly costs us $10 for each new student.