Khan academy become the first online education company to accept bitcoin payments

Khan Academy, founded by educator Salman Khan, has been at the forefront of the online learning revolution, offering a vast array of educational resources to students worldwide. The decision to accept Bitcoin donations was aligned with the organization’s ethos of innovation and accessibility.
 

The announcement came via a blog post on Coinbase, as Khan Academy utilized the merchant tools provided by the US-based cryptocurrency exchange to process Bitcoin donations. This initiative allowed supporters of the educational platform to contribute using the decentralized digital currency, furthering the mission of providing free education to anyone, anywhere.
 

Donors who chose to support Khan Academy with Bitcoin were recognized with a special badge on their profile, adding a gamified element to the act of giving. This feature was in keeping with the organization’s practice of awarding badges for educational achievements, thereby incentivizing and acknowledging the community’s involvement.
 

The integration of Bitcoin into Khan Academy’s donation system was not just a financial decision but also an educational one. The platform offered a series of videos explaining the concept of Bitcoin and how it operates, providing learners with a comprehensive understanding of this emerging technology.