**$1 Million Grant Boosts Global Bitcoin Education Initiative**
My First Bitcoin, a nonprofit dedicated to grassroots Bitcoin education, has announced a significant milestone: a $1 million grant from Start Small, an initiative by Jack Dorsey. This funding will enhance their mission to provide free, open-source Bitcoin education worldwide.
Founded in 2021, My First Bitcoin has evolved from a local project into a global movement, successfully educating tens of thousands of students. The organization aims to empower learners by teaching them how to think critically about Bitcoin rather than simply what to think. John Dennehy, the Founder and Executive Director, emphasized the importance of independent funding in maintaining the integrity of education, stating, “Education will be captured by whoever funds it. We will never take any government money and frequently turn down funding from corporations and companies.”
The grant will enable My First Bitcoin to expand its educational resources, including the Bitcoin Diploma, Intro Course, and teacher training workshops. Additionally, it will enhance their Online School and Community Hub, making Bitcoin education more accessible to individuals globally.
In 2022, My First Bitcoin awarded diplomas to 38 high school students in El Salvador, covering essential topics such as monetary systems, the implications of fiat currency, and the fundamentals of Bitcoin. The organization has also launched the Independent Bitcoin Educators Node Network, which now includes over 65 projects across more than 35 countries, fostering local Bitcoin initiatives and circular economies.
This grant not only marks a significant achievement for My First Bitcoin but also serves as a testament to the potential of independent Bitcoin education. Dennehy remarked, “If you stay on the mission, even when it’s challenging, then you will come out the other side even stronger.”
As My First Bitcoin continues to grow, it remains committed to revolutionizing Bitcoin education and ensuring that it is accessible to all.
**FAQ**
**What is My First Bitcoin?**
My First Bitcoin is a nonprofit organization focused on providing free, open-source Bitcoin education to individuals worldwide, promoting critical thinking about Bitcoin and its implications.