My First Bitcoin ends El Salvador program, pivots to global BTC education

Update (Nov. 7 at 09:07 pm UTC): This article has been updated to incorporate commentary from My First Bitcoin.

My First Bitcoin, a Bitcoin education program founded in El Salvador, has ended its collaboration with the country’s Ministry of Education and will transition from running local classes to supporting global Bitcoin education initiatives. 

The organization has educated more than 27,000 students in person about Bitcoin (

As part of the deal, lawmakers amended the country’s Bitcoin law in January to make BTC acceptance voluntary for businesses.

In July, the IMF published a report that said El Salvador had not bought any new Bitcoin since signing the deal with the IMF in December.

Despite this, the El Salvador Bitcoin Office’s website continues to display records of the government’s recurring Bitcoin purchases, with holdings amounting to 6,374 BTC, valued at about $654.8 million at this writing.

Magazine: Why AI sucks at freelance work and real-life tasks: AI Eye