Topic: Jay-Z and Jack Dorsey are funding a free Bitcoin education program in the US (Read 159 times)

It will be great if maybe other celebrities can take initiative and follow in the steps of Jay Z and Jack. There's a lot of people who yearn for some bitcoin and crypto education but don't where and how to get such knowledge, for those that know, certain limitations may restrict their access to such...It is a good thing that Jay and Jack have identified this setbacks and are making moves to be of assistance to the society.

 I hope and wish that in no time at all, such opportunities to be part of such programs should be made available for those in developing and the under developed countries as well.

Those who believe it's a Get Rich Quick Scheme should relate their experiences with us, and they should be truthful in doing that. Let's compare and contrast the experiences. Many have been burnt for accepting this irrational belief.

Well, skepticism would depend on the angle the person wants to introduce Bitcoin to his friends. When I came into this industry in 2017, I was all over the place talking to friends about Bitcoin even when I didn't know much about it. It was like singing a strange song to them. Most of them didn't get interested. Fast forward to the present, they want to get into it now. On this I will say, if you get to tell someone about Bitcoin and they don't show any interest; don't bother them. Just leave them, at their own time they will come around it.

BTW, I like the fact that Jack isn't any more the CEO of Twitter at a time this is happening. Otherwise, scammers are going to latch at this to claim to be Jack on Twitter to offer fake crypto giveaway. Even at that, idiots are still going to fall prey if anyone dangles a free giveaway before them.

Funny news. It turns out that  Jay-Z is very well versed in the basics of bitcoin, which he is ready to teach with the help of an educational program. But I have a question, where did he learn all this? Maybe he has an old account here and we don't even know? 

What is the fee for these courses?

It would be great to know what kind of information these courses provide if any of the forum members visit them. I don't think it's for the sake of learning something (as if it can't be done here), perhaps out of curiosity.

It is difficult for me to evaluate this event in view of the fact that little is known about it. I can assume that there is an element of advertising for bitcoin in this, thanks to well-known and public figures like Jay-Z and Jack Dorsey. It also remains an open question for me whether their goals are so disinterested.

Thank you for your comments. I suggest you read the line carefully because I never stated that Bitcoin is a get rich quick scheme. I only highlighted that some people believe Bitcoin would make them rich quick and because of that most Bitcoiners are skeptical to introduce Bitcoin to them. I recently introduced Bitcoin to my cousin and he was comparing it to some shitcoins investment scheme that promises to give people 49% returns in one month. His actions might discourage me from further discussions.

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Bitcoin education is key to it's adoption and advancement. Be it seminar, academy, conventional or non-conventional education people need to hear and learn about the opportunities Bitcoin offers. One of the biggest  obstacle to the success of Bitcoin in Central African Republic (CAR) and El Salvador is lack of awareness or knowledge of Bitcoin process. NGOs are investing huge human and financial resources to ensure that the inhabitants of these nations become conversant with Bitcoin.
It might be strange to you that most people in CAR don't have access to the internet or electricity. How would they learn from the internet.Jay Z and his partners are doing a tremendous work and they are even giving out free WiFi and smart phones. This program will really go a long way in empowering interested participants. We must learn to appreciate every effort made by anybody to ensure that even one person learn about Bitcoin.

Such a very trivial matter to fuss about. An academy is an institution to learn.


Educational institutions teaching about Bitcoin are necessary. There has always been a clamor for Bitcoin awareness, for Bitcoin education all around the world. Here comes Jay-Z and Jack offering free Bitcoin education program, contributing to the goal. Why does it seem that some are suspiciously questioning it? Are we not appreciating the fact that there are individuals who adopt a proactive approach in helping people become aware of Bitcoin? A lot of people, if not most of them, lack self-initiative. Oftentimes, a little nudging would help.

There are no 'known' personalities in bitcoin, that is why it is so decentralized. Jay Z is a known personality in the music industry, and Jack is known from Twitter, they might support bitcoin, but it is not like they have some hidden unavailable knowledge about it.
Even after and during the education with 'bitcoin academy', the students have to look for resources themselves to advance their knowledge, it is impossible to advance in knowledge of bitcoin without your personal effort, so the students in the end fall back to the resources they have left untapped for a long time. There have been a lot of things happening in the network in the past 13 years to motivate people about bitcoin, that is the reason i do not feel this will attract people that are really interested in bitcoin.

Some people want to hear it from known personalities in this market. Remember, not all people have the initiatives to look for resources that they can use to advance their knowledge in this market. It is free education, why not? If they can attract noncrypto users, wouldn't it be good for this market? You are right, the resources out there are just waiting to be tapped but some people need motivation why they need to get interested in this market.

Is a 'bitcoin academy' necessary? Why the clamor to teach bitcoin all of a sudden. If someone wants to learn about bitcoin, there are a plethora of materials on the internet to get started already, and if that person is curious enough, then they will find out about bitcointalk forum and register here, and the learning process continues, people who sincerely want to learn about bitcoin, always find out about this forum in one way or another.

Bitcoin academy and its courses to me feels like pulling uninterested people to learn about bitcoin because of celebrities are in charge of it, and they sense they can gain something from it; everything to learn about bitcoin is on the internet, and from there you find bitcointalk.

This sounds great as it could offer more learning opportunities to those who are interested on it, and could change the mindset of the people that bitcoin is a get-rich-quick scheme. I just hope that the government of the state won't interfere on this as this could threaten their fiat like they always believe. Well anyways, as long as everything is for free, i don't think that people will not bite on this. Hopefully the program will succeed and could create changes on part of their learners.

This is indeed a good initiative, and it is a right step in the right direction to create more awareness and adoption for bitcoin.

But I was just thinking, with the kind of money this two individuals have, it would have been better if they put hands and heads together and build a Bitcoin institute instead, one that will stand the test of time and will teach hundreds of thousands of people If not millions, and in doing this, they stand to gain their money back as it is an investment on their part.
One of this dog meme shitcoins (floki inu) already built a school in Nigeria https://watcher.guru/news/floki-inu-makes-headway-with-its-school-in-nigeria.

Good. It's nice to see that education and information are getting into focus. However, this will not solve the issue of  new investors investing first and than asking questions latter. I mean, better late then never, but I would like to see a shift in perception with first education and then everything else.

Seminar is a like a discussion over something, whereas academy is something someone to teach for, it has courses too, so using bitcoin academy is better than a seminar.

Well, he is right, many still believe bitcoin as a get quick rich scheme even these days, that's why its one of the reasons why the academe is created. You even just make an example over that, you may already know it but some are still didn't.

This isn't the case as you put it, Bitcoin is not a quick rich scheme and to prove that, ask anyone who bought BTC at $50k and $60k, and they will tell you ʌðəwʌɪz (otherwise) but when you ask those who bought 3-4 years ago will tell you it is profitable and not quick, 4 years of holding bitcoin would feel like 10 years in real life. Quick rich investments are often tagged as Ponzi, bitcoin is far from that class.

I think JayZ is trying to educate and elevate his homies from where he grew up, this is a welcome development and I hope they teach the student in compliance with the bitcoin community standards.

Don't their think that instead of using Academy they should consider using terms like Bitcoin seminar instead since it has a time frame of June to September, Academy is an educational institution that continues in practice.
That being said.
Well this is a good initiative and coming from a superstar such as Jay-Z, they will appeal to the mind of those living in that community, as most people seem to have verse misconceptions about the term Bitcoin and need quite a lot of orientation and education to brides the proper knowledge in them that aid them the financial freedom Bitcoin have to offer.

Due to the belief that Bitcoin is a get quick rich scheme in some quarters, some Bitcoiners have been very skeptical to introduce it to some friends and colleagues. But many people believe that it holds a vast amount of power in the future of financial freedom. Recently Jay-Z and Twitter founder and Block CEO Jack Dorsey are partnering to fund a free Bitcoin educational program called Bitcoin Academy in Marcy Houses, Brooklyn. They believe that Bitcoin education is a vital tool to make sound financial decisions, build greater independence and gain financial empowerment.

The courses will be offered both in-person and online from June to September. The Bitcoin Academy website states that the vision for Bitcoin is that it doesn’t have barriers, but lack of access to financial education is a barrier. It’s still hard to use for everyday necessities. Plus, people need devices and data plans. In order to eliminate some of these barriers residents can learn more about Bitcoin specifically and participant will receive free MiFi devices and a one-year limited data plan, plus smartphones if needed. The organizer says the program could be expanded to other neighborhoods in the future
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