My First Bitcoin is concluding its education program in El Salvador and is pivoting to establish a global network focused on open-source Bitcoin education. The initiative will operate under founder John Dennehy, emphasizing decentralized, community-driven learning.
My First Bitcoin Concludes El Salvador Program
My First Bitcoin has announced the conclusion of its El Salvador education program. The project is moving to a global, open-source community initiative under the leadership of John Dennehy and a focus on decentralized Bitcoin education.
Founded by John Dennehy, My First Bitcoin initially focused on grassroots education in El Salvador. With this shift, independent collectives will utilize open-source materials for local meetups, empowering communities through independent education networks.
Jack Dorsey Fund Grants $1M for Global Access
The transition opens global access to Bitcoin education, supported by a $1M grant from Jack Dorsey’s Start Small Fund. This move is poised to strengthen grassroots adoption and enhance self-custody practices without direct government funding.
While direct on-chain market changes are not expected, the broader industry sees this potential shift as favorable for independent Bitcoin adoption. There is a focus on developing educational materials that are comprehensive and community-driven. John Dennehy, Founder, My First Bitcoin, stated, “We want to help others succeed in their own communities and link them together … Our mission remains the same. Independent, impartial Bitcoin education gives people agency, encourages critical thought, and builds long-term freedom. Bitcoin is the tool, education is the pathway.”
Global Education Pioneers Decentralized Approach
Unlike prior education projects, no comparable event has occurred globally. Community-first approaches have been successful for adoption, emphasizing open-source development when government support changes.
Experts suggest the initiative could set a precedent for future decentralized education projects. Global Bitcoin education, with an emphasis on open-source materials, offers potential for increased adoption; grassroots independence remains a key factor.