El Salvador made the decision in 2021 to adopt Bitcoin as legal tender. Since then, the country has bought bitcoin several times, but the price has continued to fall. But Salvadorans have no intention of stopping popular adoption. To boost bitcoin in the country, the country has decided to inform students.
What are you learning?
El Salvador believes that Bitcoin education at an early age can boost cryptocurrency adoption. A video on Twitter shows teachers in El Salvador teaching their students. Here, students are skilled in the practicalities of Bitcoin, how to receive or send Bitcoin over the Lightning Network
In addition, students also receive explanations about other subjects. For example, you will learn what bitcoin nodes are, how double spending works and what exactly bitcoin halvings entail. This is the basis for learning more about Bitcoin. “It needs to be adopted in other schools around the world,” says a professor who believes bitcoin education works.
My first Bitcoin taught 10,000 students
My First Bitcoin is an educational bitcoin project in the country. Claimed to teach up to 10,000 students about the cryptocurrency industry leader this year. It doesn’t stop there, because they have big plans for 2023.
In the coming year, the organization hopes to increase its reach by 25 times. In the coming year, 250,000 students will be introduced to the basics of Bitcoin.
El Salvador shopping every day
The country already has a lot of bitcoin on its balance sheet, but has suffered a lot of losses on purchases so far. To make up for this loss, El Salvador decided to buy one bitcoin per day. So said Nayib Bukele, the country’s president, in November.
If you want to know how much the country currently has in portfolio, you can use the so-called “Portfolio Tracker by Nayib Bukele”. Named after the president, this tracker shows you when El Salvador is buying, at what price, and other interesting statistics.
Source: Btc Direct
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Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
