If there is a country in the world that is actually banking on bitcoin (BTC), it is El Salvador. Not only has the country made BTC legal tender, but it is also working to promote its use. This, through education. This is why Salvadoran President Nayib Bukele initiated the Cubo+ educational project exclusively focused on bitcoin.
In short
- El Salvador has launched Cubo+, an educational project aimed at training young experts in bitcoin and Lightning Network.
- Only 21 developers out of more than 50 students passed the program, underscoring the rigor and effectiveness of Cubo+.
- Cubo+ graduates are already attracting the attention of local and international crypto companies.
Cubo+, to train a Salvadoran elite initiated into bitcoin
A recent analysis suggested that bitcoin adoption was growing in Argentina compared to El Salvador. What this study does not say is that the Salvadoran authorities are working to strengthen this adoption. This is through an educational project called Cubo+.
The vision behind this initiative is simple to understand. Cubo+ is a springboard for promoting bitcoin (BTC) among young people. More concretely, the State uses its education system to train expert developers in bitcoin and Lightning Network. It is used to resolve certain scaling and fee issues associated with the Bitcoin blockchain in particular.
Inspired by President Bukele’s educational plan known as Cubo, Cubo+ is one of a kind. Because it has the particularity of focusing mainly on the technical subtleties of the Bitcoin blockchain.
These are the latter that Cubo+ ultimately wants to instill in the cream of young Salvadorans chosen from the country’s universities. The first cohort of learners aged under 25 covered around fifty young people. A group of exceptionally bright students, several of whom competed for the prestigious Plan B scholarship funded by Tether and Fulgur Ventures.
And we can say that the Salvadoran government has not skimped on means. This is evidenced by the audience of bitcoin experts from all walks of life to whom he called. This, in accordance with its ambition to guarantee elite training to its young people.
Thus, Cubo+ counts among its instructors luminaries such as Peter Todd, former collaborator of Bitcoin Core. The founders of the French educational project “Discover Bitcoin” were also there, among others. Their results at the end of the six months of training seem promising.
Cubo+, more than encouraging results?
While it began in May, with more than 50 students, only 21 Salvadoran developers successfully completed the program. A remarkable achievement, especially considering the technical depth of the content taught.
This positive result above all highlights the effectiveness of the program in training talents. A performance worth its weight in gold. Especially for a developing country like El Salvador where the number of university graduates remains relatively low.
But the benefits of Cubo+ already seem immediate. According to the latest information, new Bitcoin developers are already attracting the attention of local crypto companies like Blink, Tiankii and K1.
This craze goes beyond El Salvador. Indeed, international crypto firms, particularly American ones, such as Strike and Bitfinex, plan to offer internships to these graduates. An interest which testifies to the quality of the teaching provided by Cubo+. The least we can say is that El Salvador seems determined to execute its plan around bitcoin (BTC). In any case, he is giving himself the means despite mixed results so far.
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