The Bitcoin Academy, founded by Jack Dorsey, creator of bitcoin financial services business Block Inc., and Shawn “Jay-Z” Carter, will bring financial education and empowerment to the community where Jay-Z grew up, according to Dorsey.
This educational program for Marcy House residents will take place in Brooklyn, New York, with the goal of equipping the community with the tools they need to attain financial independence, inclusion, and literacy in the city where Jay-Z grew up.
“Education is where we start. This isn’t just about bitcoin…it’s about long-term thinking, local economies, and self-confidence,” Dorsey said in a reply to his announcement. “Courses are free to all Marcy residents, including kids. And to make it even easier we’re providing devices and data plans for all who need it.”
All Marcy residents are welcome to attend sessions, which will be held both in person and online, from June 22 through September 7. Dinner will be provided for those who prefer to attend the twice-weekly in-person classes.
Those in attendance will be handed Mifi gadgets, as well as a 1-year data subscription and, if needed, a smartphone. The institution will also provide “Crypto Youngsters Camp,” which will teach programming classes for Marcy kids aged 5 to 17 on two Saturdays.
The Shawn Carter Foundation, Cash App, Black Bitcoin Billionaire, and the Crypto Blockchain Plug collaborated on this project. Jay-Z and Dorsey both contributed personal funds.
The Shawn Carter Foundation’s declared aim is to help people in need of financial assistance by allowing them to continue their studies at post-secondary schools.
