Back To School With Bitcoin: How To Teach Your Kids About Bitcoin

Here’s what you need for a year of self-sovereign education.

Bitcoin can be an important tool for learning about economics and computer science, especially as the broken education system struggles through the COVID-19 pandemic. As Mark Twain once said, “I have never let my schooling interfere with my education.” 

Back to school book shopping guide for learning all about bitcoin.

Your back-to-school shopping guide should include books about Bitcoin. 

Luckily, the Bitcoin Magazine store offers all of the books and devices you need for a self-sovereign education, starting with “Bitcoin Money: A Tale Of Bitville Discovering Good Money” for children as young as four.

For teenagers, you can set up a Bitcoin node with them for a hands-on lesson about computer science. Once you have the basic tools and hardware devices, including a full node and a bitcoin wallet, there are plenty of free open-source Bitcoin projects that teens can use to learn about coding as well.  

Open source bitcoin projects offer many great ways to learn about computer science.

Open-source bitcoin projects offer many ways to learn about computer science. 

And, of course, no teenager’s Bitcoin curriculum would be complete without “The Bitcoin Standard: The Decentralized Alternative To Central Banking.” If you’re already considering homeschooling, there’s a wide range of books in our store that you can assign for original book reports and other projects for English class.

Meanwhile, university students can basically give themselves a PhD in Bitcoin just by reading our whole curriculum of top books about bitcoin. In terms of economic history textbooks, we recommend starting with “The Sovereign Individual: Mastering The Transition To The Information Age.” As for computer science, we recommend starting with “Programming Bitcoin: Learn How to Program Bitcoin From Scratch.” And, if coffee or tea helps you get in the zone while studying, don’t forget your Laserflip mug for good luck. 

The Bitcoin Magazine store offers all the school supplies you need to learn about bitcoin.

The Bitcoin Magazine store has all the school supplies you need to learn about digital money.

Prioritize your own self-sovereignty by getting the educational resources you need to learn all about Bitcoin. For more tools along the way, everything from hardware wallets to Bitcoin swag, it’s all available in our store. Enjoy your year of self-sovereign education!


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Nigerian secondary school will accept crypto payments despite regulatory uncertainty

A private secondary school based near the Nigerian city of Kano has announced it will be accepting payments for school fees in cryptocurrency amid the country’s central bank banning financial institutions providing services to crypto exchanges.

According to a Thursday report from local news outlet Kano Focus, the director of the New Oxford Science Academy in the Kano suburb of Chiranchi will allow students to pay for tuition fees in crypto. Sabi’u Musa Haruna, who started working at the school in 2017, urged the Nigerian government to embrace and regulate cryptocurrency, but seemed to imply he would not wait with this latest move.

“We’ve decided to accept cryptocurrency as school fees, because the world today is tilting towards the system,” said Haruna. “We believe one day digital money will gain more acceptance than paper money.”

Haruna cited the examples of countries like El Salvador and Tanzania expanding payment options for crypto users. The Latin American nation will begin to accept Bitcoin (BTC) as legal tender across the country starting on Sept. 7 following the passage of a pro-crypto bill. Across the glo Tanzania’s central bank announced today it had begun working on directives from the government that could eventually overturn the country’s ban on crypto.

The school director did not explicitly say which tokens would be accepted for payment. However, public interest for Bitcoin in Nigeria has often been stronger than that in other countries — according to data from Google Trends, the African country ranks first among searches for BTC, with Austria, Turkey, and Switzerland in a close race for second.

Related: Scottish music school accepts cryptocurrency as payment for lessons

In February, the Central Bank of Nigeria announced in a circular that it had banned regulated financial institutions in the country from providing services to crypto exchanges. Though the policy warned of “severe regulatory sanctions” for any bank that failed to close accounts belonging to exchanges, governor Godwin Emefiele clarified in March that the ban was intended to “prohibit transactions on cryptocurrencies in the banking sector” rather than discourage individuals from dealing in digital assets.

Many lawmakers and people connected to Nigeria’s central bank have been pushing pro-crypto messages in the months following the ban. Emefiele said in May that “digital currency will come to life even in Nigeria” while the central bank later announced plans to launch a CBDC by 2022.