JAY-Z is Bringing a Financial Literacy School to Marcy Houses

JAY-Z is giving back to where it all started. On Thursday (June 9), Hov, along with former Twitter CEO Jack Dorsey announced that they’re teaming up on 12-week financial literacy program, The Bitcoin Academy for residents of the Marcy Houses project in Brooklyn.

The classes will be held both online and in-person, with adult Marcy residents with dinner being served at each class. Those participating will receive smartphones with data plans and MiFi devices. Children at the Marcy project will also be offered a “Crypto Kids Camp” for two Saturdays. Formerly known as Square, financial services company Block, Inc. was founded by Dorsey.

“Bitcoin is becoming a critical tool for many in Africa and Central and South America. We believe the same potential exists within communities in the US. Our goal is to prove that making powerful tools more available to people enables them to build greater independence,” Dorsey tweeted.

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