‘Education Is Power’: Jack Dorsey and Jay-Z Launch Bitcoin Academy in Brooklyn – Bitcoin News


The founder of financial technology company Block Inc., Jack Dorsey, announced that he is collaborating with rapper Jay-Z by launching a Bitcoin Academy in Brooklyn. Bitcoin Academy’s mission is to empower and provide education to the region. The project website further details that residents of Marcy House, located in Brooklyn, New York, will be eligible for free courses and other benefits such as Internet data plans.

Residents of Marcy House are welcome to attend the Bitcoin Academy: “Making Powerful Tools More Available”

Jack Dorsey, former CEO and co-founder of Twitter and founder of Block Inc., announced Thursday that he has partnered with popular rap artist Jay-Z (Shawn Carter) to launch a Bitcoin Academy.

“Mister. [Shawn Carter] and I are funding The Bitcoin Academy, a program for residents of the Marcy Houses in Brooklyn, New York, where Jay grew up,” Dorsey tweeted. The Block founder further explained that the project was also bolstered by Crypto Blockchain Plug (Najah J. Roberts) and Black Bitcoin Billionaire (Lamar Wilson).

'Education Is Power': Jack Dorsey and Jay-Z Launch Bitcoin Academy in Brooklyn
American rapper Jay-Z (Shawn Carter) is shown on the left and Block founder Jack Dorsey is shown on the right. Jay-Z and Jack Dorsey have collaborated before, as Dorsey has a huge involvement in Tidal, the streaming music platform run by Jay-Z.

Marcy House or Marcy Projects is a public housing complex located in Brooklyn, New York. Jay-Z lived there on Marcy Avenue as a child and attended 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 across the US. Our goal is to show that making powerful tools more available to people allows them to develop greater independence.” The Block executive added:

Education is where we start. It’s not just about bitcoin… it’s about long-term thinking, local economies, and self-confidence. The courses are free for all residents of Marcy, including children. And to make it even easier, we offer devices and data plans for everyone who needs them.

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 from June 22 through September 7. “All Marcy residents are welcome,” the website details. “In-person classes will be held two nights a week and dinner will be served.”

If needed, Marcy residents will get access to MiFi devices, a one-year data plan, and get to keep the devices. Bitcoin Academy is also targeting the youth and a “Crypto Kids Camp” will be held on Saturday for children ages 5-17. The website also reveals that Jay-Z’s non-profit organization, the Shawn Carter Foundation, has also pitched in.

“Shout out to Jack,” Jay-Z tweeted on Thursday. “Bitcoin Academy, starting at Marcy, a place that taught me so much, is hopefully the first of many. The simple goal is to provide people with tools to develop their independence and then the community around them.”

Tags 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, TIDAL

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

jamie redman

Jamie Redman is the news lead at Bitcoin.com News and a fintech journalist based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source, and decentralized applications. Since September 2015, Redman has written over 5,000 articles for Bitcoin.com News on the disruptive protocols emerging today.

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