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Home»Regulation»First Bitcoin diploma recipients graduate from El Salvador’s new BTC education program
First Bitcoin diploma recipients graduate from El Salvador's new BTC education program
Regulation

First Bitcoin diploma recipients graduate from El Salvador’s new BTC education program

2024-04-05No Comments2 Mins Read
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El Salvador is handing out the first-ever batch of ‘Bitcoin diplomas’ as students graduate from the country’s groundbreaking Bitcoin (BTC) education program.

According to El Salvador’s Mi Primer Bitcoin, earlier this week, students completed a 10-week educational program, where children learn the history and technology behind the top crypto assets by market capitalization for free.

The content of the program includes the history of Satoshi, the pseudonymous creator of Bitcoin, an introduction to what money is and its history, an explanation of what fiat currency is and who controls it, and how the flagship digital asset can solve the problems associated with it dissolve. to it.

Additionally, it teaches students how to use Bitcoin, what the Lightning Network is, and how cryptographic blockchain technology works in general.

El Salvador made waves in 2021 when it became one of the few countries in the world to officially recognize BTC as legal tender.

Earlier this month, Nayib Bukele, the Central American country’s president, said it would move its BTC supply to cold storage, or some sort of encrypted and remote “piggy bank,” as it continues to try to accumulate one BTC per day.

As Bukele stated at the time:

“We have decided to transfer a large part of our Bitcoin to a cold wallet and store that cold wallet in a physical vault on our national territory. You can call it our first Bitcoin piggy bank. It’s not much, but it’s honest work.”

Bitcoin is trading at $68,043 at the time of writing, up fractionally over the past 24 hours.

See also  Janet Yellen claims the crypto industry needs "additional regulation" to plug "gaps."

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