El Salvador is preparing to introduce Bitcoin into its school curriculum by 2024, thanks to a collaboration between the Ministry of Education of El Salvador and Mi Primer Bitcoin (MPB).
El Salvador is gearing up to integrate Bitcoin into its public school curriculum by 2024. This educational initiative stems from a collaboration between the Ministry of Education of El Salvador and the non-profit, non-governmental organization Mi Primer Bitcoin (MPB).
As part of the Ministry of Education’s project, MPB, in conjunction with Bitcoin Beach, will be instrumental in implementing the Mi Primer Bitcoin program’s educational resources for Bitcoin education.
Founded by John Dennehy, the Mi Primer Bitcoin program was launched in 2021 with the support of the Salvadoran government. It provides free Bitcoin education to Salvadorans and has received funding from LookingGlass and IBEX Mercado, a Bitcoin and Lightning Network service provider. This exciting partnership was announced in a post on X (formerly Twitter).
What an inspiring vision! The future of El Salvador shines brightly with plans to introduce Bitcoin education in every public school by 2024.
The training for the pilot program is set to commence on September 7th. A total of 150 public school teachers, representing 75 schools, will undergo the Bitcoin diploma program as a kick-start to this educational mission. This training will equip them with a fundamental understanding of Bitcoin.
Following this initial training phase, these teachers will return to their respective schools to educate students using the curriculum developed by the Ministry of Education. If this pilot program proves successful, it will be implemented in every school across the nation next year, as stated by John Dennehy, the founder of MPB.
Dennehy remarked, ‘As the first country to embrace Bitcoin, El Salvador is poised to set an example for the world. Quality education is our most powerful tool in ensuring that this example remains a positive one… When My First Bitcoin was launched two years ago, one of our aspirations was to educate an entire nation. This marks a significant stride toward that goal.’
El Salvador has gained recognition for spearheading the widespread adoption of Bitcoin, officially recognizing it as legal tender on June 8, 2021. Just a month after this historic move, the number of Salvadorans with Bitcoin wallets surpassed the count of those with traditional bank accounts in the country.
Another significant initiative in El Salvador is Bitcoin Beach, which plays a crucial role in MPB’s latest partnership. The objective of Bitcoin Beach is to establish a sustainable Bitcoin-based economic ecosystem along the coast of El Salvador. According to its whitepaper, Bitcoin Beach is a movement dedicated to unlocking the potential of Bitcoin by assisting those who have been excluded from traditional banking systems.
Situated in El Zonte, the majority of residents here lack access to conventional bank accounts. This region quickly emerged as one of the first places in the country to embrace Bitcoin as a payment method, playing a pivotal role in encouraging the nationwide adoption of cryptocurrency as legal tender.
Cryptocurrency has gained widespread use in countries like El Salvador, where nearly 70% of the population remains unbanked. John Dennehy, the founder, disclosed that MPB is already engaged in early discussions with two other Latin American governments interested in replicating El Salvador’s approach to Bitcoin education for their local students.
In discussing the broader mission of bringing Bitcoin education to the global stage, the founder stated, El Salvador is at the forefront of public Bitcoin education, and we anticipate that other nations will follow suit. The world is paying close attention.