El Salvador is handing out the first-ever batch of “Bitcoin Diplomas” as college students graduate from the nation’s cutting-edge Bitcoin (BTC) schooling program.
In accordance with El Salvador’s Mi Primer Bitcoin, earlier this week, college students completed a 10-week-long instructional program, which teaches youngsters the historical past and know-how behind the highest crypto asset by market cap free of charge.
This system’s content contains the historical past of Satoshi, the pseudonymous creator of Bitcoin, an introduction to what cash is in addition to its historical past, an evidence of what fiat forex is and who controls it, and the way the flagship digital asset can clear up the problems associated to it.
Moreover, it teaches college students how you can use Bitcoin, what the Lightning Community is, and the way cryptographic blockchain know-how works usually.
El Salvador made waves in 2021 when it grew to become one of many few international locations on the planet to formally recognize BTC as authorized tender.
Earlier this month, Nayib Bukele, the Central American nation’s President, said that it will be transferring its BTC stash into chilly storage, or an encrypted and exterior “piggy financial institution” of types, because it continues to attempt to accumulate one BTC per day.
As said by Bukele on the time,
“We’ve determined to switch a giant chunk of our Bitcoin to a chilly pockets, and retailer that chilly pockets in a bodily vault inside our nationwide territory. You’ll be able to name it our first Bitcoin piggy financial institution. It’s not a lot, but it surely’s trustworthy work.”
Bitcoin is buying and selling for $68,043 at time of writing, a fractional improve over the last 24 hours.
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