- Jack Dorsey has supplied funding to a Bitcoin academic group based mostly in El Salvador.
- The Co-founder donated 14 BTC value $250,000 to Nostr final yr.
- The previous Twitter CEO had teamed up with Jay-Z final yr to launch a Bitcoin Academy.
Jack Dorsey, the co-founder and former CEO of Twitter, marked his first act of crypto philanthropy earlier in the present day when he donated to an academic group that focuses on Bitcoin. The group, which is predicated in El Salvador, obtained funding of 0.26 BTC from Dorsey.
Mi Primer Bitcoin, which interprets to “My first Bitcoin”, is a corporation that gives free training associated to Bitcoin in El Salvador. The training program bears significance within the Central American nation, given its current efforts to embrace the flagship cryptocurrency.
In line with a tweet by Mi Primer Bitcoin, one in all their node operators reached out to Dorsey on Nostr, searching for funding for the group. Inside minutes the previous Twitter CEO had donated virtually $6000 to the trigger.
Jack Dorsey has publicly supported Bitcoin and has been a vocal proponent of decentralization. He has funded varied ventures within the crypto trade, and his philanthropy within the crypto house can be well-known.
Simply final month, Dorsey donated virtually 14 BTC which was value roughly $250,000 to Nostr. Nostr is a decentralized messaging protocol, which was used to coordinate the funding for Mi Primer Bitcoin.
In June 2022, Jack Dorsey joined arms with the favored rapper Jay-Z to launch The Bitcoin Academy. This system, which was based mostly in Brooklyn, New York, sought to teach the residents on methods to attain monetary freedom, with a selected deal with Bitcoin.
The duo collaborated on a Bitcoin Growth Belief in February 2021, which targeted on Bitcoin improvement in Africa and India. The belief initially obtained a 500 BTC endowment from Dorsey and Jay-z.