Bitcoin Academy in Brooklyn Backed by Jay-Z and Jack Dorsey Launches BTC to Class Attendees – Bitcoin News

Rap star Jay-Z, otherwise known as Shawn Carter, and Block CEO Jack Dorsey recently tossed bitcoin to members of the Brooklyn-based Bitcoin Academy. Jay-Z’s mother Gloria Carter explained in a statement that a myriad of Bedford-Stuyvesant residents in Brooklyn attended and more than 350 people attended cryptography classes.

Hundreds of Brooklyn Residents Attend Bitcoin Academy – Some Participants Signed Up for a $ 1,000 in Bitcoin Grant

During the first week of June, News reported that Jack Dorsey and Jay-Z partnered to launch the Bitcoin Academy in Brooklyn for Marcy House residents. A Business Insider report details that the academy’s classes have seen hundreds of people. “Marcy’s residents showed up,” Jay-Z’s mother Gloria Carter told the publication. “The more than 350 people who attended The Bitcoin Academy classes have let us know that this education is important to them and that it matters,” she added.

The report further discussed the project with a Marcy House resident who attended the lectures. Additionally, upon completion of the courses, Bedford-Stuyvesant residents could sign up for a scholarship that awards each person $ 1,000 in bitcoin (BTC) sent to their Cashapp or Munn Wallet. The 12-week educational course was free exclusively for Brooklyn residents of Marcy House. Mariela Regalado, a resident of Marcy, said the academy reminded her of when she watched Jay-Z grow up in the neighborhood.

“I remember when I was younger, growing up in the project, [Jay-Z] and his team would come and give us toys and stuff, “Regalado told Business Insider.” My friends and I would call it this kind of ‘hood philanthropy’, so for me it’s kind of an evolution from that. ” Regalado also specified that the academy offered a free nursery school for her daughter and as a single mother she was able to attend the courses. Regalado added:

[The classes were] purely this educational and fun trip that I dealt with my neighbors. It always seemed to me [we were] at a family dinner, and like that cousin who discovered Bitcoin he talks about it to everyone else.

Bitcoin Academy instructor breaks it down “into a vernacular that others can understand”

Bitcoin Academy in Brooklyn was also supported by Crypto Blockchain Plug (Najah J. Roberts) and Black Bitcoin Billionaire (Lamar Wilson). Wilson was an instructor and the person who connected with Block CEO Jack Dorsey to propose the program. The courses taught included subjects such as “Careers in Crypto”, “Wealth Building and Assets”, “Bitcoin & Taxes” and “Why Decentralization Matters”.

“A lot of times, the information doesn’t reach our community. Not because people are intentionally discriminating, it’s because they are not intentional in getting the information there. And then someone has to pick up the cloak and do it, ”Wilson said. The Brooklyn Bitcoin Academy instructor added:

Since I understand the information and can break it down into a vernacular that others can understand, particularly the people where I come from, I feel it’s almost my obligation to make sure I give them the information, and that’s not how I advise them to buy bitcoin or try to get them to invest all their money or something. It really is, let me give you the information and let you, as a very intelligent being, make your own decisions.

Tag in this story

American Rapper, Bitcoin, Bitcoin (BTC), Bitcoin Academy, Black Bitcoin Billionaire, Brooklyn, BTC, Crypto, Crypto Blockchain Plug, Data Plans, education is power, Housing Complex, Jack Dorsey, Jay Z, Lamar Wilson, Marcy House, Marcy Projects, MiFi Devices, Najah J. Roberts, New York, New York City, Shawn Carter, Shawn Carter Jay-Z, The Bitcoin Academy

What do you think of Jack Dorsey and Jay-Z’s Brooklyn Bitcoin Academy? Let us know what you think about this topic in the comments section below.

Jamie Redman

Jamie Redman is the News Lead of News and a financial technology journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for News on the disruptive protocols emerging today.

Image credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, nor a recommendation or endorsement of products, services or companies. does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use or reliance on any content, good or service mentioned in this article.

Leave a Reply