Jay-Z and Jack Dorsey criticized for launching ‘Bitcoin Academy’ in rapper’s childhood home
by James Vincent from The Verge - All Posts on (#6070D)
Photo by Ezra Shaw/Getty Images
Rapper Jay-Z and Twitter founder Jack Dorsey have teamed up to launch a bitcoin-focused financial literacy project named The Bitcoin Academy. The project consists of free bi-weekly classes, offered in-person and online, for residents of the musician's childhood home: the Marcy Houses public housing complex in Brooklyn, New York City.
The team-up is not surprising considering the pair's long, shared history in business and bitcoin. Dorsey's digital-payments company Block (nee Square) bought a majority share in Jay-Z's Tidal streaming service in 2021, and the two have used their personal bitcoin holdings to fund a trust designed to promote the use of cryptocurrency in Africa and India.
Attendees will be learn about Bitcoin specifically...