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John Dennehy
474dd0ecab2b7bbbe80af870fa8578266ef2412d48850297dd4723dc9de958e7
founder of My First Bitcoin / Based in El Salvador since 2021, moving to New York early 2026 / independent open-source Bitcoin education will change the world

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My First Bitcoin needs your help

We are in danger of running out of funding before some longer-term funding kicks in at the end of the year. If nothing changes, we will run out of money in September.

How did we get here? Well, in order to remain independent, we leave A LOT of money on the table

But for this post I want to give greater transparency into our expenses

With time we will make financial transparency part of our official SOP and publish everything on our website, but in the meantime, some context

Expenses are variedโ€”we rent a house which we converted into school, we develop various open-source curriculum, we give sats to students as part of classes, we host 50+ meetups per year, we are building a Learning Management System (LMS) that anyone will be able to use, and lots of other expenses but I want to focus on payroll, which is our largest single expense

We have 20+ paid staff in addition to project-based contract work we hire for on an as-needed basis. Teachers are the largest and most obvious group, but this number includes some less visible roles as well. We pay developers & designers to build out infrastructure to help independent educators across the world. We pay lawyers, accountants and auditors to help us be compliant in multiple jurisdictions. We pay creators of open-source curriculum, lesson plans and activities.

This staff is the backbone of an emerging global movement. The commonality among them allโ€”they are all underpaid. Not only did every current staff begin as a volunteer, many of them have quit much higher paying jobs to work hereโ€”often earning less than half of what they made in their previous job. Our payroll is about $24,000 per month

We need your help to maintain and make it to the end of the year, when some new longer-term and more sustainable funding will kick in.

if you do want to donate, visit our campaign on nostr:npub1kmwdmhuxvafg05dyap3qmy42jpwztrv9p0uvey3a8803ahlwtmnsnhxqk9

https://geyser.fund/project/miprimerbitcoin

Since moving to El Salvador I've picked up a new hobby: creating self-sustaining aquatic ecosystems

I recently added a baby turtle and he seems to be getting along with the existing ๐Ÿข

Lessons from my 1 year old son: You are capable of more than you realize.

He needs support to stand, something like a hand on a wall or chair. Or, better stated, he thinks he does. When he is distracted and focused on something else and not worried about falling he can stand on his own just fine.

Replying to Avatar My First Bitcoin

We've taught 35,000 students about #bitcoin.

Learn how we plan to reach 100,000 students. ๐Ÿ‘‡๐Ÿผ

We've brought bitcoin to tens of thousands of students in El Salvador in less than three years. But this is just the beginning! ๐Ÿ‡ธ๐Ÿ‡ป๐ŸŒ

Help us with a contribution that works for you, based on four tiers!

TIER 0๏ธโƒฃ SUPPORT OPEN SOURCE EDUCATION

Open Source Bitcoin Education changes the World. We make everything we do available for everyone, for free! We expect to reach another ~50,000 students with our Diploma and other resources, for example via the Node Network.

Make this happen and become a participant for just 2,100 sats! ๐Ÿ™๐Ÿผโšก๏ธ

TIER 1๏ธโƒฃ SUPPORT AN INDIVIDUAL STUDENT

We plan to teach 500 individual students in various ways, for example with our Diploma and our Introductory Classes at the MPB House.

Become a supporter! Sponsor 40,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

TIER 2๏ธโƒฃ SUPPORT A CLASSROOM

You can support one of ninety classrooms. With this tier, we expect to reach another 2,700 students in their own classroom!

You can help us to realize this! Donate 1,000,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

TIER3๏ธโƒฃ SUPPORT AN ENTIRE SCHOOL

We give Bitcoin Classes to entire schools in El Salvador. With our current capacity, we want to reach 10 more schools, leading to another 10,500 new Bitcoin graduates!

Join this movement, let's change the world together and sponsor us with 10,000,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

All things together, you can help us to reach 100,000 graduates!

๐’๐ญ๐ฎ๐๐ž๐ง๐ญ๐ฌ ๐ญ๐š๐ฎ๐ ๐ก๐ญ ๐ฌ๐จ ๐Ÿ๐š๐ซ: 35,000

๐ˆ๐ง๐๐ข๐ฏ๐ข๐๐ฎ๐š๐ฅ ๐’๐ญ๐ฎ๐๐ž๐ง๐ญ๐ฌ: 500

๐‚๐ฅ๐š๐ฌ๐ฌ๐ซ๐จ๐จ๐ฆ: 2,700

๐’๐œ๐ก๐จ๐จ๐ฅ: 10,500

๐Ž๐ฉ๐ž๐ง ๐’๐จ๐ฎ๐ซ๐œ๐ž: 50,000+

__________________________

100,000 students! ๐Ÿ˜ฒ

Click here to see our brand-new

@geyserfund

page to learn how you can help us with some sats. Choose a level that works for you, and receive unique perks & rewards!

https://geyser.fund/project/miprimerbitcoin/rewards

A core value of nostr:npub17cyatz6z2dzcw6xehtcm9z45m76lde5smxdmyasvs00r4pqv863qrs4ml3 is to be independent & impartial and that is much harder than you may think

We believe in the time-tested axiom of 'follow the money.' We believe that whoever funds education will sooner or later have influence over that product. We believe that bitcoin education must be pure

We turn down A LOT of money because it comes with conditions, either explicit or assumed

Our primary revenue source is no-strings-attached community donations. We are not worried about being captured by the community, in fact we are proud that that is who we work for

If you have a few spare sats, please consider donating. We are independent because of YOU

nostr:note1ya2ghqkgdx8gjanunelh7qv8yjt7l55gyts8jqay87zpjlw8prjsmtys87

Replying to Avatar My First Bitcoin

We've taught 35,000 students about #bitcoin.

Learn how we plan to reach 100,000 students. ๐Ÿ‘‡๐Ÿผ

We've brought bitcoin to tens of thousands of students in El Salvador in less than three years. But this is just the beginning! ๐Ÿ‡ธ๐Ÿ‡ป๐ŸŒ

Help us with a contribution that works for you, based on four tiers!

TIER 0๏ธโƒฃ SUPPORT OPEN SOURCE EDUCATION

Open Source Bitcoin Education changes the World. We make everything we do available for everyone, for free! We expect to reach another ~50,000 students with our Diploma and other resources, for example via the Node Network.

Make this happen and become a participant for just 2,100 sats! ๐Ÿ™๐Ÿผโšก๏ธ

TIER 1๏ธโƒฃ SUPPORT AN INDIVIDUAL STUDENT

We plan to teach 500 individual students in various ways, for example with our Diploma and our Introductory Classes at the MPB House.

Become a supporter! Sponsor 40,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

TIER 2๏ธโƒฃ SUPPORT A CLASSROOM

You can support one of ninety classrooms. With this tier, we expect to reach another 2,700 students in their own classroom!

You can help us to realize this! Donate 1,000,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

TIER3๏ธโƒฃ SUPPORT AN ENTIRE SCHOOL

We give Bitcoin Classes to entire schools in El Salvador. With our current capacity, we want to reach 10 more schools, leading to another 10,500 new Bitcoin graduates!

Join this movement, let's change the world together and sponsor us with 10,000,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

All things together, you can help us to reach 100,000 graduates!

๐’๐ญ๐ฎ๐๐ž๐ง๐ญ๐ฌ ๐ญ๐š๐ฎ๐ ๐ก๐ญ ๐ฌ๐จ ๐Ÿ๐š๐ซ: 35,000

๐ˆ๐ง๐๐ข๐ฏ๐ข๐๐ฎ๐š๐ฅ ๐’๐ญ๐ฎ๐๐ž๐ง๐ญ๐ฌ: 500

๐‚๐ฅ๐š๐ฌ๐ฌ๐ซ๐จ๐จ๐ฆ: 2,700

๐’๐œ๐ก๐จ๐จ๐ฅ: 10,500

๐Ž๐ฉ๐ž๐ง ๐’๐จ๐ฎ๐ซ๐œ๐ž: 50,000+

__________________________

100,000 students! ๐Ÿ˜ฒ

Click here to see our brand-new

@geyserfund

page to learn how you can help us with some sats. Choose a level that works for you, and receive unique perks & rewards!

https://geyser.fund/project/miprimerbitcoin/rewards

amazing

donated!

Replying to Avatar My First Bitcoin

We've taught 35,000 students about #bitcoin.

Learn how we plan to reach 100,000 students. ๐Ÿ‘‡๐Ÿผ

We've brought bitcoin to tens of thousands of students in El Salvador in less than three years. But this is just the beginning! ๐Ÿ‡ธ๐Ÿ‡ป๐ŸŒ

Help us with a contribution that works for you, based on four tiers!

TIER 0๏ธโƒฃ SUPPORT OPEN SOURCE EDUCATION

Open Source Bitcoin Education changes the World. We make everything we do available for everyone, for free! We expect to reach another ~50,000 students with our Diploma and other resources, for example via the Node Network.

Make this happen and become a participant for just 2,100 sats! ๐Ÿ™๐Ÿผโšก๏ธ

TIER 1๏ธโƒฃ SUPPORT AN INDIVIDUAL STUDENT

We plan to teach 500 individual students in various ways, for example with our Diploma and our Introductory Classes at the MPB House.

Become a supporter! Sponsor 40,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

TIER 2๏ธโƒฃ SUPPORT A CLASSROOM

You can support one of ninety classrooms. With this tier, we expect to reach another 2,700 students in their own classroom!

You can help us to realize this! Donate 1,000,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

TIER3๏ธโƒฃ SUPPORT AN ENTIRE SCHOOL

We give Bitcoin Classes to entire schools in El Salvador. With our current capacity, we want to reach 10 more schools, leading to another 10,500 new Bitcoin graduates!

Join this movement, let's change the world together and sponsor us with 10,000,000 sats ๐Ÿ™๐Ÿผโšก๏ธ

All things together, you can help us to reach 100,000 graduates!

๐’๐ญ๐ฎ๐๐ž๐ง๐ญ๐ฌ ๐ญ๐š๐ฎ๐ ๐ก๐ญ ๐ฌ๐จ ๐Ÿ๐š๐ซ: 35,000

๐ˆ๐ง๐๐ข๐ฏ๐ข๐๐ฎ๐š๐ฅ ๐’๐ญ๐ฎ๐๐ž๐ง๐ญ๐ฌ: 500

๐‚๐ฅ๐š๐ฌ๐ฌ๐ซ๐จ๐จ๐ฆ: 2,700

๐’๐œ๐ก๐จ๐จ๐ฅ: 10,500

๐Ž๐ฉ๐ž๐ง ๐’๐จ๐ฎ๐ซ๐œ๐ž: 50,000+

__________________________

100,000 students! ๐Ÿ˜ฒ

Click here to see our brand-new

@geyserfund

page to learn how you can help us with some sats. Choose a level that works for you, and receive unique perks & rewards!

https://geyser.fund/project/miprimerbitcoin/rewards

Support independent, open-source Bitcoin education!

nostr:note1ya2ghqkgdx8gjanunelh7qv8yjt7l55gyts8jqay87zpjlw8prjsmtys87

Today is nostr:npub17cyatz6z2dzcw6xehtcm9z45m76lde5smxdmyasvs00r4pqv863qrs4ml3's birthday!

Three years ago today the website was registered, marking the first public record of the organization

I am overwhelmed at the success of the project in three short years--much of which was spent building in a bear market. In three short years this project has taught tens of thousands of students, open-sourced education materials and processes, and inspired front-line bitcoin educators in 25+ countries around the world who have joined a self-governing decentralized network of independent education 'nodes'

All of this has been accomplished without compromising values nor taking money with strings attached--mostly being grassroots funded with underpaid or volunteer staff

And we are just getting started. We are pioneering a proof-of-concept that another way is possible. Independent bitcoin education is the means, the end is a re-imagined future

Happy Birthday!!!

Happy Bitcoin Educators Unconference Day!

4 days to go....

150 max people

high-signal, intimate, inspiring

Get your ticket today!

GM from #Bitcoin country!

July 24 in Nashville there will be an unconference for independent Bitcoin educators

this is the third educators unconference and they are somewhat inspired and modeled after the #Nostrica conference last year

there's a very natural and powerful link between Nostr and these conferences (and the whole nostr:npub17cyatz6z2dzcw6xehtcm9z45m76lde5smxdmyasvs00r4pqv863qrs4ml3 approach to education)

come and see for yourself

This article is from March 2023, the same month that nostr:npub17cyatz6z2dzcw6xehtcm9z45m76lde5smxdmyasvs00r4pqv863qrs4ml3 launched it's international, decentralized expansion plan with the 'Node Network,' which is now active in 25 nations around the world

independent, impartial, community-led education is an idea whose time has come

https://bitcoinmagazine.com/culture/bitcoin-education-must-be-local

awesome

now #freeRoss

nostr:note1tlmzc6vdrp58j76phyf9y2vxpp6z6v9pvy7u3japfct9lnqn23tszsv0sl

I'm back on Nostr! Yay!

I think I'll stay this time ๐Ÿ˜๐Ÿ’œ

Good morning El Salvador!

Let's build a better world! Today, amd everyday ๐Ÿ˜

In March #[0]

taught 5,400 in-person intro students in El Salvador

It's hard to express how impressive that growth is

Our 2021 high was 200 students/month and in 2022 1,400 students/month

We are also at student ATH's for: #BitcoinDiploma; international & online...

LFG!