Bitskwela’s Jiro Reyes on CoinGeek Backstage: Bitcoin is more than just money

by James · April 27, 2023

Bitcoin is popularly known as a digital currency that at one point was comparable to stocks, and some even see it as a get-rich-quick scheme, far from what it was originally intended to be when Satoshi Nakamoto created it decades ago .

Bitskwela CEO Jiro Reyes admitted that what got him into Bitcoin in the first place was the money he could potentially generate from selling, trading and investing in digital currencies. But things changed when he began to learn more about the place.

“Bitcoin and everything else is not just about trading, not about investing, but everything underneath that is solving different problems in our society today at a fundamental level,” Reyes told CoinGeek Backstage.

Reyes’ eagerness to share his learnings with others, especially the youth, led to the development of the edutech platform Bitskwela, an idea that started as a “passion project” when he was an undergraduate student.

Bitskwela has been operating in the Philippines for about seven months since its launch in May 2022, giving youths across the country an opportunity to learn the basics of Bitcoin and the technicalities surrounding it and other emerging technologies.

“We also offer various other angles in the Web3 market, such as marketing, social media, branding, design — things that people need to be successful in the space as a professional,” Reyes said.

Bitskwela is also the platform behind the Bull or Bear program, a debate event that pushes young people to take a different perspective on topics that revolve around new technologies.

“You want to give people a preconceived notion of things to give them space to create their own thoughts and knowledge about topics,” Reyes pointed out.

The Bull or Bear event held in the province of La Union on March 17 was the third Web3 debate program of Bitskwela, with the first one held in Taguig City followed by the one in Davao City.

Reyes said his team is pushing to help onboard as many youth as they can to support them in their Bitcoin journey and announced a new Bull or Bear debate to be organized in the province of Cebu sometime in June. He added that while their focus for now is to educate Filipino youth, they are working to expand the program internationally.

Watch: Blockchain Technology Is More Fun in the Philippines!

New to Bitcoin? Check out CoinGeeks Bitcoin for beginners section, the ultimate resource guide for learning more about Bitcoin – as originally envisioned by Satoshi Nakamoto – and blockchain.