James Carter
As state-backed courses get underway, the government of El Salvador has announced that it has begun teaching Bitcoin (BTC) and Lightning Network, engineers.
The National Bitcoin Office (ONBTC), a government entity that reports to El Salvador’s President Nayib Bukele, revealed in a tweet that 54 pupils had “made the grade” for the first-ever iteration of the course.
The first part of the class will be a “preparatory phase” that “covers economics, monetary history, theory, and more.”
According to the ONBTC, this will “continue until the month of June has ended.”
The governing body further stated that an “in-person” lecture delivered by Saifedean Ammous will serve as the “highlight” of the “preparatory phase.”
Ammous is an economist as well as the author of multiple publications about Bitcoin, one of which is titled “The Bitcoin Standard: The Decentralized Alternative to Central Banking.”
After the preparatory phase of the program, the ONBTC asserted that the training would “then get intense and in-person.”
Students should prepare themselves for “two weeks of round-the-clock coding boot camp” during this time period at the beginning of July.
The organization asserted that “rock star” Bitcoin and Lightning Network “teachers” will be present at these coding workshops to share their knowledge and provide guidance to participants.
The ONBTC claimed that this would be followed by “the mentorship part of the program,” which would commence in “August to October.”
The class, which was first referred to as CUBO+, was introduced for the first time in March of this year.
The ONBTC has mentioned in the past that the class is intended for students currently enrolled in one of the nation’s universities.
According to the governing organization, the training would consist of an “advanced Bitcoin engineering program that lasts for several months.”
In addition, the government has announced that in order to encourage people to take the courses, it will “offer credit as well as placement for those who qualify” for an “inaugural fellowship.”
Tether, the business that is responsible for the USDT stablecoin, is providing financial support for the courses.
Fulgur Ventures, an investment firm that focuses on Bitcoin and the Lightning Network, is one of the companies that are supporting CUBO+.
Back in March, ONBTC published the following:
The pursuit of excellence is the goal. And not any less than that. […] Bitcoin is open to anybody and everyone. And we are going to demonstrate that.”
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