The famous singer with Jack Dorsey created a Bitcoin academy that shocked many
- Jack Dorsey and Jay-Z founded a financial literacy school known as Bitcoin Academy.
- The school opens at the singer’s childhood home — Marcy — in Brooklyn.
- A huge wave of criticism arose on the subject, calling it a pyramid scheme.
The business partnership between superstar singer Jay-Z and Twitter founder Jack Dorsey dates back to 2021 when Block, a digital payments company run by Jack Dorsey, invested in Jay-Z’s tidal streaming service.
The couple also made headlines when they later both decided to pool some of their bitcoin holdings to fund the mission to raise awareness and educate Africans and Indians about cryptocurrency and its use.
Then, with the motto education is power, Jack Dorsey and Jay-Z founded another company known as Bitcoin Academy.
It is a financial education school that aims to educate students around the world for free via online and in-person mode located in the singer’s childhood home in Brooklyn, New York.
What is the school all about
The website, as mentioned above, claimed to empower the world, especially the youth through education, about bitcoin and cryptocurrencies, so that they can push the world into the future, especially aspects financial.
According to sources, the subjects that will be taught in classes by bitcoin influencers Lamar Wilson and Najah J. Roberts are:
- What is money
- What is Cryptocurrency
- What is Blockchain
- How to protect yourself from scammers
- How to build a financial future
Each student will benefit from all the necessary facilities to learn about the subjects. These are provided by Jack Dorsey through the Bitcoin Academy,
Some of them are:
- Mi-fi devices
- Annual data value
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Well people don’t like it
Whenever we talk about courses related to cryptocurrencies and bitcoin, people tend to think of a scam or a pyramid scheme. There are many cases where a few young investors get trapped in a scheme due to their greed for high returns in a short period of time.
Cryptocurrency is a relatively new market. Many people do not have knowledge in this area. This is the reason why many people do not trust Bitcoin Academy either.
Despite massive public disappointment, few people really like it, and they’re not wrong. The fact that the academy does not charge for classes makes it a more legitimate and sincere organization.
Only time will tell if this Bitcoin Academy turns out to be a success or a misunderstanding between the founders and the public.