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Jay-Z and Jack Dorsey open Bitcoin academy in Brooklyn

June 10, 2022
Reading Time: 4 mins read
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What is Bitcoin?

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

Residents of Marcy Houses, a public housing complex in Brooklyn, will now be able to learn about Bitcoin. It’s not the first partnership between Dorsey and Jay-Z.

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  • Jay-Z y Jack Dorsey lanzan “The Bitcoin Academy”.
  • Educate public housing residents in Brooklyn about Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. and finance.
  • There will also be a crypto learning space for children.

The co-founder of Twitter Jack Dorsey and the famous rapper, Jay-Z, are teaming up to bring cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. education to the people of Brooklyn, New York.

The entrepreneurial duo announced Thursday the launch of a new program called “The Bitcoin Academy“. Funded by Dorsey, CEO of payments company Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. (antes Square ), and superstar Shawn Carter, better known by his stage name Jay-Z, the project is designed to educate the residents of Marcy Houses about Bitcoin and finance in general.

While the initial focus will be on Marcy Houses, the public housing complex in Brooklyn where Jay-Z himself grew up, the project is expected to expand to other New York neighborhoods in the future. “ Bitcoin Academy will start in Marcy, a place that taught me so much, I hope it will be the first of many. “ wrote the musician in a tweet .

The simple goal is to provide people with tools to develop their independence and then the community around them.

all eyes on Marcy! https://t.co/a2al23Z2pq

— jack (@jack) June 9, 2022

Charlas gratuitas sobre cripto en Brooklyn

The educational program, which will begin on June 22nd, will be taught by the founder of Black Bitcoin Billionaire Lamar Wilson, and Najah J. Roberts, founder ofCrypto Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. Plugthe first woman-owned African-American cryptocurrency exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. and education center in the US.

The classes, which were designed in partnership with both organizations, will be completely free of charge and will be held in mixed modalities, face-to-face and online. With an open invitation to all neighborhood residents, the in-person classes will be held two nights a week, where dinner will also be served.

According to the sitio web the meetings will teach attendees about Bitcoin how it works, why they should care and how they can build their financial future. “La visión de Bitcoin es que no tiene barreras, pero la falta de acceso a la educación financiera es una barrera“reads in a section about the mission of Bitcoin Academy .

To address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. one of the potential barriers that those with fewer financial resources may face, the program also plans to distribute smartphones and MiFi devices with limited one-year plans to attendees. In addition, there will also be a a learning space dedicated to children . Baptized “ Crypto Kids Camp “, will be a parallel Saturday program designed for Marcy children and teens ages 5-17.

Dorsey and Jay-Z Collaborate to Boost Bitcoin

In a thread tweets in which he unveiled the initiative, Dorsey emphasized that, just as he “ Bitcoin is becoming a critical tool for many in Africa and Central and South America. “technology has the “ equal potential “for communities within the United States. The entrepreneur, who is a strong advocate for Bitcoin he added:

Our goal is to demonstrate that making more powerful tools available to people allows them to develop greater independence. Education is where we start. It’s not just about Bitcoin… it’s about long-term thinking, local economies and self-reliance.

This isn’t the first time Jay-Z and Dorsey have collaborated. In 2021, Block call, call Square at the time, acquired a share on the music streaming service Tidal owned by the rapper. That same year, the duo also created a fund to finance the development of Bitcoin in Africa and India, with the more ambitious mission of turning it into a ” the currency currency is a medium of exchange that defines value. of the Internet “.


  • Jay-Z and Jack Dorsey-owned music company Tidal explores incorporating NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. to empower artists
  • Block will continue to focus on providing more and more support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. for Bitcoin and its ecosystem, says Jack Dorsey
  • Jack Dorsey praises Musk for buying Twitter: “Elon is the singular solution I trust.”

Article by Hannah Estefania Perez / DiarioBitcoin

Imagen de Unsplash

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