The co-founder and CEO of Twitter, Jack Dorsey, is collaborating with artist Jay-Z (Shawn Carter) on the Bitcoin Academy to be held at Marcy Houses, a public housing complex in Brooklyn, New York where Jay-Z grew up.
The project aims to provide financial education on Bitcoin as a path to financial freedom, with free μαθήματα αυτοπροσώπως και διαδικτυακά που θα διδάσκονται από τον Lamar Wilson, ο οποίος διευθύνει τον ιστότοπο Black Bitcoin Billionaire, και τον Najah J. Roberts, ιδρυτή και διευθύνοντα σύμβουλο του Crypto Blockchain Plug. Το πρόγραμμα θα πραγματοποιείται δύο φορές την εβδομάδα από τα τέλη Ιουνίου έως τον Σεπτέμβριο και στους συμμετέχοντες του προγράμματος θα παρέχονται smartphone, συσκευές MiFi και ένα μονοετές πρόγραμμα δεδομένων. Θα υπάρχει ακόμη και ένα πρόγραμμα Σαββατοκύριακου που θα απευθύνεται σε children.
Dorsey and Jay-Z are longtime partners and fanatical friends of Bitcoin. The duo invested 500 BTC last year to grow cryptocurrency popularity in India and Africa. The Bitcoin Academy is funded through personal grants from the two entrepreneurs.
However, the promise of cryptocurrency as a safe path to economic stability for low-income populations is far from guaranteed.
Given the instability of cryptocurrencies and scams, this project could negatively affect participants, even if it has good intentions. Encryption developer Austin Robey put it this way:
"If you were to ask the people of Marcy Houses how to better meet their needs, how many would say 'with bitcoin'?"
"The goal is simple, to provide to people the tools to build their independence and then the community around them,” Jay-Z wrote in a tweet.
Participants will be given a small amount of Bitcoin. The nature of the program will depend on who registers - for example, it may host a Spanish course.
Some vulnerable populations - such as immigrants - may be interested in encryption as an alternative to international transactions that often require legal documents. But will they be able to safely cope with the fall of cryptocurrencies in a market crash?
