Bitcoin Omega Scholarship Hey guys,
You might have heard of the Omega Schools in Ghana:
http://www.omega-schools.com/ …they are a for-profit, pay-as-you go, private schools aimed at low income kids.
Their business model is admirable and they are enjoying great success with kids and parents.
I believe that one of the most liberating things about Bitcoin is that it will allow people with an internet connection to work from anywhere in the world. I also think that it will help many people in Africa overcome the political, geographic and monetary barriers that they currently suffer under.
So I want to fund a Bitcoin Scholarship in partnership with Omega Schools.
Bear in mind that tuition at an omega School averages 130$ a year, so with very little we can help a lot of kids, at the same time as helping inspire the future programmers of the Bitcoin network…
However, and keeping with the spirit of decentralisation and capitalism that inspires Bitcoin, there will be several conditions that I think we should make part of this scholarship:
1.
P2P: The scholarship must reach the kids directly. From donor’s Bitcoin wallet to the kid’s Bitcoin wallet. (Obviously there will be adult supervision involved, but the wallet must belong to the kid and each donor will know who exactly is receiving the money).
No intermediaries. 2.
Reward hard work and talent: The scholarship will be awarded to kids that have shown academic excellence, especially in the fields of computer science, math or economics.
3.
Public, open, transparent: Each of the scholarship recipients would keep a blog. Both to thank (and promote) their sponsor (if it is a company) and to show transparency (so that donors can know what is going on there). It would also ensure that our scholars get an early online presence and also help publicise the scholarship program to bring more donors in the future. It will also help write the history of the scholarship program.
4.
TANSTAAFL: The beneficiaries of the scholarship must do something to help the Bitcoin network and earn their bitcoins. Programming, translating, writing, creating a Bitcoin business, creating art, helping local businesses accept bitcoin… whatever their teachers think is compatible with their age and a good learning experience for them.
We are open to suggestions and looking forward to your feedback.