Bitcoin crowdfunding is Lightning: El Salvador school program hits 1 BTC in donations
Geyser https://t.co/F4w29zXNYQ— Bitcoin Beach (@Bitcoinbeach) April 27, 2023
The Salvadoran not-for-profit program Mi Primer Bitcoin, or My First Bitcoin, has raised over 1 Bitcoin (BTC) in donations– not from endeavor capitalists and investors however from generous Bitcoin education advocates worldwide.Donations flooded in from nations like Venezuela, Poland and Canada as hundreds of people around the world sent out satoshis (Bitcoins smallest denomination) over the Lightning Network to fund the growth of My First Bitcoins Bitcoin Diploma program. We crowdfunded 1 BTC on @geyserfund in AprilA matching donation from @Bitcoinbeach put us over the top last night– what a way to end the month:) Huge THANK YOU to the 250+ donors who got us hereThis is a motion that we are all part of & & edu is how we will win– Mi Primer Bitcoin (@MyfirstBitcoin_) May 1, 2023
The Salvadoran nonprofit program Mi Primer Bitcoin, or My First Bitcoin, has actually raised over 1 Bitcoin (BTC) in contributions– not from venture capitalists and investors but from generous Bitcoin education advocates worldwide.Donations flooded in from countries like Venezuela, Poland and Canada as hundreds of people worldwide sent out satoshis (Bitcoins tiniest denomination) over the Lightning Network to fund the expansion of My First Bitcoins Bitcoin Diploma program. Cointelegraph reached out to John Dennehy, creator of My First Bitcoin, to comprehend how the crowdfunding campaign reached 1 BTC in less than three weeks. Dennehy described:” Bitcoin crowdfunding is an example of how Bitcoin enables individuals to take control of their own money.” The crowdfunding campaign was boosted by the efforts of Bitcoin Beach, the Bitcoin circular neighborhood in El Zonte on El Salvadors Pacific coast. MetaMick, the creator of Bitcoin crowdfunding platform Geyser– which My First Bitcoin used for its charity event– informed Cointelegraph, “Definitely the biggest instructional task on Geyser ever!
MetaMick, the founder of Bitcoin crowdfunding platform Geyser– which My First Bitcoin utilized for its fundraiser– informed Cointelegraph, “Definitely the greatest instructional job on Geyser ever! Related: El Salvadors My First Bitcoin: How to teach a country about cryptoIndeed, Geyser struck a new record in April, reaching over 2 BTC in contributions: Geyser fundraising levels per month. Publication: What its actually like to utilize Bitcoin in El Salvador.