Jack Dorsey is the founder and CEO of Block Inc. Financial tech company. He announced that he would be collaborating with Jay-Z in launching a Bitcoin Academy. The Bitcoin Academy’s mission aims to empower and provide education to the region. The project’s website further details that residents of Marcy House, located in Brooklyn, New York will be eligible for free courses and other benefits like internet data plans.
Marcy House Residents Welcome to Attend The Bitcoin Academy — ‘Making Powerful Tools More Available’
Jack Dorsey (the former CEO and co-founder Twitter) and Block Inc. founder announced that he is partnering with Jay-Z (Shawn Carter), to establish a Bitcoin Academy.
“Mr. [Shawn Carter] and I are funding The Bitcoin Academy, a program for residents of Marcy Houses in Brooklyn New York where Jay grew up,” Dorsey tweeted. Block’s founder also explained that Crypto Blockchain Plug was (NajahJ. Roberts), as well as Black Bitcoin Billionaire, (Lamar Wilson).
Marcy House, or Marcy Projects, is a Brooklyn-based public housing project. Jay-Z lived on Marcy Avenue as a child and went to Eli Whitney High School. “Bitcoin is becoming a critical tool for many in Africa and Central and South America,” Dorsey continued in his Twitter thread. “We believe the same potential exists within communities in the U.S. Our goal is to prove that making powerful tools more available to people enables them to build greater independence.” The Block executive added:
We start with education. This isn’t just about bitcoin…it’s about long-term thinking, local economies, and self-confidence. Marcy residents can take these courses for free, and so are their children. And to make it even easier we’re providing devices and data plans for all who need it.
Jay-Z Says ‘Hopefully The Bitcoin Academy in Brooklyn Is the First of Many’
The Bitcoin Academy website notes that “education is power,” and classes will be online or in-person starting June 22 through September 7. “All Marcy residents are welcome,” the website details. “In-person classes will take place two evenings per week and dinner will be served.”
Marcy residents can get access to MiFi devices and a one-year data plan if they need it. They also have the option of keeping their devices. Bitcoin Academy is also focusing on the youth and a “Crypto Kids Camp” will happen on Saturday for children ages 5-17. The website also reveals that Jay-Z’s non-profit the Shawn Carter Foundation has pitched in as well.
“Shout out to Jack,” Jay-Z tweeted on Thursday. “Bitcoin Academy, starting in Marcy, a place that taught me so much, is hopefully the first of many. The simple goal is to provide people tools to build independence for themselves and then the community around them.”
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