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First ‘Bitcoin Diploma’ Recipients Graduate From El Salvador’s New BTC Education Program

DATE POSTED:April 5, 2024

El Salvador is handing out the first-ever batch of “Bitcoin Diplomas” as students graduate from the nation’s cutting-edge Bitcoin (BTC) education program.

According to El Salvador’s Mi Primer Bitcoin, earlier this week, students completed a 10-week-long educational program, which teaches children the history and technology behind the top crypto asset by market cap for free.

The program’s content includes the history of Satoshi, the pseudonymous creator of Bitcoin, an introduction to what money is as well as its history, an explanation of what fiat currency is and who controls it, and how the flagship digital asset can solve the issues related to it.

Furthermore, it teaches students how to use Bitcoin, what the Lightning Network is, and how cryptographic blockchain technology works in general.

El Salvador made waves in 2021 when it became one of the few countries in the world to officially recognize BTC as legal tender.

Earlier this month, Nayib Bukele, the Central American nation’s President, said that it would be moving its BTC stash into cold storage, or an encrypted and external “piggy bank” of sorts, as it continues to try and accumulate one BTC per day.

As stated by Bukele at the time,

“We’ve decided to transfer a big chunk of our Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory. You can call it our first Bitcoin piggy bank. It’s not much, but it’s honest work.”

Bitcoin is trading for $68,043 at time of writing, a fractional increase during the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/DCornelius

The post First ‘Bitcoin Diploma’ Recipients Graduate From El Salvador’s New BTC Education Program appeared first on The Daily Hodl.