FINANCIAL LITERACY
2021 New York’s mayor Eric Adams says crypto should be taught in schools
- New York City mayor-elect Eric Adams thinks that schools should add cryptocurrency and blockchain technology to the curriculum.
- In an interview with CNN’s “State of the Union,” Eric Adams said that bitcoin is the “new way of paying for goods and services throughout the entire globe” and that schools “must” teach the technology behind it.
► FINANCIAL CURRICULA FOR THE K-12 CLASSROOM
Money is from the iron age, and the industrial age.
RICH AS HELL™ Tells the complete story behind money, finance, and chasing financial Security. We want to help parents, and all educators discuss Financial Literacy with their students in the classroom and with their family.
►BITCOIN is an 2008 invention of the Digital Information Age.
Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto www.bitcoin.org
1-28-22 LeBron James and CryptoCom to Provide Crypto Education for Kids
► CrytoCurrency Book
1 – 2 – 3 – 4 – 5 – 6 – 7 –8 –9 –10 – 11
►► FIND A K12 BITCOIN PROJECT
STUDENT PROJECTS SHOWS PROOF OF WORK and EVIDENCE OF YOUR SKILLS
►NOT LEGAL ADVICE
►NOT FINANCIAL ADVICE
► #STEAM PROJECTS AT GRADE LEVEL INCLUDES
S ► SCIENCE ECONOMICS / BLOCKCHAIN / NETWORKS
T► TECHNOLOGY Learn to Code / Build a Node with Umbril
E ► ENGLISH Write an explainer video then link and upload this to vimeo or youtube from your school info page on this site.
A ► ARTS Produce the explainer video that changes people's perception of bitcoin.
M ► Math Makes the Bitcoin Secure and how the hash rates work.
SEARCH K12 SCHOOL CLASSROOM PROJECTS USING
PROJECT #HASHTAGS
#BTC #Bitcoin
#Bitcoin eSports
#Bitcoin Learning Games
#Bitcoin Resources
#Bitcoin Telegram
#EdTech #STEM #STEAM #RasberryPieNodes
#VocationalTraining
CRYPTOCURRENCY
EDUCATE ► LIBERATE ► AND DISRUPT
Bitcoin was conceived as a form of permissionless money, recorded on a decentralized ledger known as a blockchain. Transactions on the blockchain ledger are immutable and transparent, and they can’t be censored. The wealthiest users can’t change the rules of the system in their favor, nor can they block the poorest users from having access to it. The only technology anyone on Earth needs to take part on equal terms in the network is a phone with internet access.
What is the Value of Bitcoin?
The purchasing power of bitcoin increases over time, unlike the dollar which has been losing value since the 1900s.
US dollar 1913-2021
$1 in 1913 = $27.25 today
$1 in 1971 = $6.69 today
$1 in 2009 = $1.26 today
► Why Bitcoin?
Because math, game theory, job security, protect your purchasing power, and jobs!
Stack Sats: 10 Million Sats, makes you a Satoshi Millionaire.
In 2021 only 5% of the world's 8 billion population owns bitcoin it is early. You do not need to buy one whole bitcoin to own some bitcoin.
DO THE MATH -- 1 ONE WHOLE BITCOIN 1BTC = 10,000,000 sats (SATOSHI)
4.12345678 --- 4 BITCOINS AND THE REST GET DIVIDED INTO
► JOBS
Marshall Long @OGBTC Largest $BTC Miner worldwide. #Esports
Come work with me! email resume to jobs [ @ ] miningjobs.io Tell em OGBTC sent you!
Best Places to Work in the Federal Government® rankings are produced by the nonprofit, nonpartisan Partnership for Public Service. The 2017 rankings include the views of more than 498,000 civil servants from 410 federal organizations on a wide range of workplace topics. The rankings, first released in 2003, provide a mechanism to hold agency leaders accountable for the health of their organizations, serve as an early warning sign for agencies in trouble and offer a roadmap for improvement.
► NEED TO KNOW
►You can never start too early with teaching your children how to code.
2021 Illinois Becomes the First State to Require Media Literacy Classes for High School Students
►This one is for your family to start the conversation. It's also for your buddy that keeps saying you're crazy for buying Bitcoin. https://bitcoinforkiddos.com/
► WHY KIDS NEED BITCOIN - VIDEO by BITCOIN CHARLOTTE @Bitcoin_CLT
Apple Co-Founder, Steve Wozniak: “Bitcoin Is The Most Amazing Mathematical Miracle”
Back in June 2018, he said that he wants BTC to become the single world currency.
5/2021 The National Assessment Governing Board (NAGB) and NCES analysis of the 2019 National Assessment of Educational Progress (NAEP) science results for grades 4, 8, and 12. Only a third of fourth and eighth graders and fewer than one in four high school seniors performed proficiently (blog post).
Acting Assistant Secretary for Career, Technical, and Adult Education Amy Loyd provides an update on the accountability and reporting requirements for the 2020-21 school year under the Carl D. Perkins Career and Technical Education Act.
► GAMES
GAME THEORY: GAMES #EGAMES - BOARD GAMES - PLAYGROUND GAMES
No Code Games | Anyone Can Learn https://axieinfinity.com
#Axie Battle Collect Earn https://axieinfinity.com
Axie Infinity is a Pokémon-inspired universe where anyone can earn tokens through skilled gameplay and contributions to the ecosystem. Players can battle, collect, raise, and build a land-based kingdom for their pets.
All art assets and Axie genetic data can be easily accessed by 3rd parties, allowing community developers to build their own tools and experiences in the Axie Infinity universe.
10/5/2021 Popular play-to-earn game @AxieInfinity has generated close to $2.3 billion in total sales volume since it was first launched in 2018.
Next generation #Bitcoin devs -- Cubetto playset since that contains the robot and controller.
#Games Free to Play https://www.ea.com/games/library/freetoplay
#Games Girls Play https://www.girlsgogames.com/games/girls
GameDev.tv Courses - Learn to Code Games -Blender, Unreal, C#, C++
The ED Games Expo (June 1-6) has moved online. Attendees will have the opportunity to demo learning games and technology and interact with developers virtually. The agenda presents the schedule and information on how to access 35 online events occurring during the week.
BenTristem @bulldogben Now Teaching Crypto at Ben's Bitcoin Basics Founder of http://GameDev.tv Creating a billion new developers. wikipedia
► BLOCK CHAIN GAME
GAME The first and only STEM certified Bitcoin card game!
Best in Stem bridging the gap between #STEM and #Bitcoin education.
Kids and adults agree that SHAmory is the Bitcoin card game with the perfect mixture of fun and education for anyone interested in learning about Bitcoin. As a result, you will learn the basics of how mining works while earning Bitcoin rewards for each block you mine. Grab a friend and order your Bitcoin playing card game today!
@PlaySHAmory
@ScottMSibley!
SHAmory is the first and only STEM Authenticated Bitcoin themed card game. Kids and adults will have a blast playing while being exposed to key features that have kept the Bitcoin blockchain secure over the past decade. Kids and adults agree that SHAmory is the Bitcoin card game with the perfect mixture of fun and education for anyone interested in learning about Bitcoin. As a result, you will learn the basics of how mining works while earning Bitcoin rewards for each block you mine.
RESOURCES
► Get rid of the Digital Divide
The extent of United States digital divide in two charts
► STUDENTS MAKING THINGS
Helping educators teach the wonderful world of electronics, and programming, to makers of all ages. Adafruit provides the tools to make it easy to teach electronics. Adafruit sells a wide range of products for all skill levels. We carry all of the most popular boards including Circuit Playground, Feather, Arduino-compatible, Raspberry Pi, micro:bit, and more.
MAKERS / HACKERS / STUDENTS / EDUCATORS
Adafruit provides the tools to make it easy to teach electronics.
Inspiring Technology Projects https://www.adafruit.com/
► BUILDERS DEN
Build a 6502 computer | Ben Eater https://eater.net/6502
Johoe's Bitcoin Mempool Statistics
https://jochen-hoenicke.de/queue/#BTC,2h,count
Donorschoose.org wish list for K12 Teachers
SECURITY - PRIVACY
Cryptocurrency is global money controlled by the people of the world and outside the manipulation of the US Banks. It is borderless cash. The U.S. National Security Agency (NSA) has been monitoring the Bitcoin’s blockchain network with an aim to identify users.
There is NO cryptocurrency transaction that is private - NONE! It can be seen and tracked by any agency.
If you hold/trade crypto using a business entity, lost/stolen crypto is a write off, otherwise it isn't.
K12 CYBER SECURITY IS TAUGHT AND PRACTICED
► WALLETS
Buy a hard wallet. Learn how to properly use a paper wallet. If you're planning on holding a coin, take it off the exchange. Split up your coins among several wallets. Cold wallets have a 10 year lifespan. Use unique emails for EVERYTHING. Use a VPN.
► Warning: Students and rogue government employees mine for the virtual currencies, in some cases using computer equipment, electrical power and network processing power that belongs to their schools or employers. The first sign that bitcoin mining might be happening would be a higher than usual electricity bill, according to Johannes Ullrich, head of the SANS Internet Storm Center. The Leominster Public Schools District has become the latest victim of a Bitcoin ransomware cyberattack.
► School Districts Do Get Hacked: The school district was forced to pay $10,000 in Bitcoin to unlock their system. New Jersey school district Swedesboro-Woolwich is a victim of crypto-ransomware. It also has prevented any students from taking the scheduled PARCC exams, which are entirely computerized."
Why aren't schools required to report ransomware?
According to Emsisoft, 58 schools and school districts have publicly reported ransomware attacks in 2021, but we know this is only a fraction of the actual figure. Public officials and industry experts acknowledge that the rise in attacks is a national crisis, yet most schools are still not required to report ransomware — why?
#Bitcoin #CryptoCurrency #Financial Literacy that State Departments of Education, School Districts, Educational Technologists, Superintendents, Principals, School Boards, and Teachers Need To Know:
- ► FACT: School Districts can run a Lightning Network node, self-host open source apps, cut out the middlemen, and use Bitcoin to its full potential. For free.
- ► 3 in 4 Teachers #edtech #edtechchat
- HAVE NOT BEEN TRAINED on phishing and ransomware protection, or on addressing videoconferencing risks — cdt
- Twitter acct. U.S. Department of Education
CRYPTO RULES
Cold wallets have a 10 year lifespan.
Buy a hard wallet.
Learn how to properly use a paper wallet.
If you're planning on holding a coin, take it off the exchange.
Split up your coins among several wallets.
Use unique emails for EVERYTHING.
Use ProtonMail, not Gmail. Use a VPN.
If you hold/trade crypto using a business entity, lost/stolen crypto is a write off. Otherwise, not so much...
<NOT LEGAL ADVICE> <NOT FINANCIAL ADVICE>
► Bitcoin Facts You Need to Know
--------- COLLEGE DEBT -----------
PRIVATE DEBT 1.5 TRILLION 2019
Federal Watchdog Issues Scathing Report On Ed Department’s Handling Of Student Loans
DO YOU REALLY NEED A COLLEGE EDUCATION AND ALL THAT DEBT? NO YOU DON'T.
Pedigree only goes so far, prestige education only goes so far. You ultimately enter the world and then what happens? Ask a bigwig if they can define "algorithm." Ask then listen and learn how people got from there to here. Talk to smart people no matter where they come from ~ Tony Hsieh's Airstream Park.
Despite images of shuttered factories and a chorus of high school voices chanting the virtues of college, you do not have to get a four-year degree to earn a decent living.
► College students use financial aid money to invest in bitcoin
More than 20 percent of students report that they've invested in cryptocurrencies with their student loans. Undergraduate students received on average around $4,600 in federal loans in the 2016-2017. A student who spends their student loans on cryptocurrencies is violating their agreement with the government because Investing is not an educational expense, so it's against the rules to use your student loan money to buy cryptocurrencies. Plus, any gains are likely to be offset, by the taxes a student would have to pay on them along with the fees and interest that come with student loans. Any extra funds, you didn't use can be returned through your bursar's office to cancel out some of your debt.
2018 FSA holds nearly $1.5 trillion in outstanding federal loans (more than $10,000 for each and every American taxpayer); only 24% of borrowers are currently paying down both principal and interest; and 43% of all federal loans are considered “in distress”
US student debt just hit $1.5 TRILLION.$1,500,000,000,000
We’re watching the government banks steal a generation’s future right in front of our eyes.
If the big banks are allowed to borrow money from the Federal Reserve at nearly zero interest, then why are those with student debt forced to pay up to 7 percent? Lowering the interest rates would help the millions of Americans who are falling behind on their payments.
It took 42 years—1965 until 2007—for the student loan balance to grow to 500 billion dollars. It took only six years for the loan balance to double—to one trillion dollars—in 2013. One-seventh the amount of time it took to get to 500 billion.
And today, only five years later, FSA holds nearly 1.5 trillion dollars in outstanding loans.
1.5 trillion dollars is almost impossible to fathom. So, let me put it this way: 1.5 trillion dollars is more than 10 thousand dollars of someone else's student loan debt for each and every American taxpayer—145 million of them.
At 1.5 trillion dollars, FSA's loan portfolio is now one-third of the Federal government's balance sheet. Last year, uncollateralized student loans—which are all of them, by the way—accounted for over 30 percent of all federal assets.
2018 Pa., N.J. students plunged deep into college debt by high tuition, broken programs and customer service horrors
"Global public and private debt has reached 225% of global GDP (higher than 2009)
Total debt is now: $164 Trillion Bitcoin market cap: $140 billion (less than 0.1% of global debt) ... please tell me again where the bubble is?" Alistair Milne
In 2014 venture capitalist Nick Hanauer, an early investor in Amazon, bylined an article at Politico with the title: The Pitchforks Are Coming. . . for Us Plutocrats. Hanauer warned his fellow plutocrats as follows:
“. . . I have a message for my fellow filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won’t last.
“If we don’t do something to fix the glaring inequities in this economy, the pitchforks are going to come for us. No society can sustain this kind of rising inequality. In fact, there is no example in human history where wealth accumulated like this and the pitchforks didn’t eventually come out. You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None. It’s not if, it’s when.”
Amazon has a patent for caging humans in robot work zones.
The patent was called “an extraordinary illustration of worker alienation, a stark moment in the relationship between humans and machines” by researchers who highlighted it in a study vs A cage to protect employees in a safety zone is not the same as "caging humans."
https://www.seattletimes.com/business/amazon/amazon-has-patented-a-system-that-would-put-workers-in-a-cage-on-top-of-a-robot/
Wealth Inequality Is Way Worse Than You Think, And Tax Havens Play A Big Role
Google reaped millions in tax breaks as it secretly expanded its real estate footprint across the U.S.
“Google — which has risen to become one of the world’s most valuable companies by transforming the public’s ability to access information — has vastly expanded its geographic footprint over the past decade, building more than 15 data centers on three continents and 70 offices worldwide. But that development spree has often been shrouded in secrecy, making it nearly impossible for some communities to know, let alone protest or debate, who is using their land, their resources and their tax dollars until after the fact. Washington Post
Amazon Will Pay a Whopping $0 in Federal Taxes on $11.2 Billion Profits
http://fortune.com/2019/02/14/amazon-doesnt-pay-federal-taxes-2019/
“The richest 1% of Americans currently own a whopping 40% of total household wealth.” #TaxTheRich In the United States, wealth has become more concentrated since at any time since the “Roaring” 1920s, Zucman says. The richest 1% of Americans currently own a whopping 40% of total household wealth. Zucman identifies another dubious honor for the United States: “No country (apart from Russia) for which estimates of wealth inequality are available has similarly high recorded levels of wealth inequality.”
The Cost of Dirty Money January 28, 2019
Since the financial crisis, dozens of crackdowns have targeted money launderers who effectively rely on banks, shell companies, and other mechanisms to cover their tracks. Fines have surged into the billions of dollars, but it’s unclear whether the enforcement efforts—some of the more notable ones are described here—have made much of a dent. According to the United Nations Office on Drugs and Crime, shady transactions continue to reach as much as $2 trillion a year.
https://www.bloomberg.com/graphics/2019-dirty-money/
► RICH AS HELL: CHASING FINANCIAL WEALTH
OF THE .01% -- FOR THE 1%
#finlit #Bitcoin #CryptoCurrency #Technology #Security #Civics #edtech #edchat #science #math #code
How The Court System is Used to Send Debtors to Jail
1 in 3 Americans has a debt that has been turned over to a private collection agency.
Debtors' prisons were abolished by Congress in 1833 and are thought to be a relic of the Dickensian past. In reality, private debt collectors --- empowered by the courts and prosecutors' offices --- are using the criminal justice system to punish debtors and terrorize them into paying, even when a debt is in dispute or when the debtor has no ability to pay.
The criminalization of private debt happens when judges, at the request of collection agencies, issue arrest warrants for people who failed to appear in court to deal with unpaid civil debt judgments. In many cases, the debtors were unaware they were sued or had not received notice to show up in court.
► UNIVERSAL BASIC INCOME
Google’s Chief Futurist says Universal Basic income will spread worldwide by the 2030s
Who is Ray Kurzweil? He’s Google’s Director of Engineering, is a well-known futurist with a high-hitting track record for accurate predictions. Of his 147 predictions since the 1990s, Kurzweil claims an 86 percent accuracy rate. Basic income will be widespread by the 2030s according to Kurzweil, one of the most recognizable futurists on Earth.
►THE POST WORK FUTURE
THE WORLD WITHOUT WORK IS HERE!!
TAX EVERY COMPANY THE HUMAN WAGE FOR EACH ROBOT AND SELF DRIVING CAR THEY EMPLOY.
Low unemployment, little inflation, and no real gains in household incomes, which continue to shrink is the labor market breaks all of rules. Every dollar, yen, or renminbi of value created in the economies of today is done so with less and less work.
DEMAND UNIVERSAL BASIC INCOME NOW FROM POLITICIANS
The basics of a decent life will be uncoupled from “jobs” Because in a world where “jobs” are themselves things of the past, tying one’s ability to get a job will undermine the myth that “poor people are lazy” to “everyone deserves an income. A world without work threatens to collapse societies whose social contracts are still written for an industrial age.
If US GDP were distributed equally, every household would make $160,000 per year.
2019 The U.S. citizens should earn $15.00 and hour and tax the 5% people 70%.
- 5% of the people have inherited generational wealth = $5 million and above each year
- 15% of the people are earning $100,000.oo a year and own a house = middle class
- 80% the last group will need to be taken care of by their family or will need to work when they are old.
Something has profoundly changed at the heart of the economy. They are replacing whole categories of workers, in accounting, law, and medicine. They are replacing whole industries advertising and media at Google and Facebook. That something is technology and automation. Algorithms are replacing whole categories of managers at Uber and Amazon.
More and more of what nations produce — $20 trillion worth for the US — is produced without human intervention. What’s true for the US is true for every advanced economy in the world. We are well past the point where people in rich countries could earn middle class lives if incomes were distributed equally.
► THE WORKLESS ECONOMY
Jobs are disappearing but the fruits of a workless economy are not being allocated well: justly, efficiently, effectively, optimally in ways that allow societies to prosper buy instead will collapse into something like lawless neofeudal oligarchies. Middle classes and poor will become something like serfs and peasants, while those who “own” the algorithms that manage the workless economy will be something like lords and barons, with absolute power. When work itself is a scarce commodity, the serfs and peasants ability to live will be dependent on the patronage of the right nobles, just as in previous eras of human history.
TRUMP TAX CUT 4/17/19
In 2018 alone, major corporations have authorized more than $250 BILLION in stock buybacks benefiting wealthy shareholders & executives – instead of raising wages for American workers. Just in time for tax day: record stock buybacks are coming. But wages for workers, “aren’t growing as fast as we thought.” That’s the #GOPTaxScam. ~ Sen. Ron Wyden
https://twitter.com/RonWyden/status/985993385382240257