Title: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 01, 2020, 01:41:34 PM As a passionate fan of bitcoin and cryptocurrencies in general, it has always been my desire to see bitcoin become a payment of choice for many businesses and organizations around the world. Judging by recent developments across the world, I can say that the desire is gradually coming to fruition.
source: https://www.goldeneaglecoin.com/ With Bitcoin now being accepted by some major universities in different countries and businesses like Overstock, Microsoft and others, I feel confident that crypto adoption is going in the right direction and in no distant time, cryptocurrencies with $BTC taking the lead will become major contenders in the payment ecosystem as medium of exchange. I can't wait to see $BTC become a popular means of payment, not just a speculative tool and store of value that it's been mostly serving the purpose. Recently, as I was researching the web, I came across some universities that have since being accepting Bitcoin for school fees payment and I decided to write on the topic here in order to get insights on others that are doing same across the world which I'm yet to come across. Kindly add to this conversation by listing any university, colleges, or any institutions of learning in any part of the world that is allowing tuition and fees payment by $BTC. Let's keep the list going. source: unic.ac.cy Below are some of the universities that have opened doors for students to pay fees using Bitcoin: 1. University of Nicosia in Cyprus (the first in the world to do so since December 2013) https://www.unic.ac.cy/you-can-now-pay-your-university-tuition-with-bitcoins-wired/ https://ecoin4dummies.com/university-of-nicosia-receives-tuition-payment-using-bitcoin/ 2. The University of Cumbria Carlisle in the United Kingdom (since January 2014) https://www.timeshighereducation.com/news/bitcoin-to-be-accepted-by-university-for-fee-payment/2010698.article https://www.cumbria.ac.uk/about/news/articles/articles/university-of-cumbria-professor-to-tell-united-nations-about-the-future-of-money-.html 3. The Kings College New York in the United States (accepting since June 2014) https://www.tkc.edu/stories/kings-is-first-u-s-college-to-accept-bitcoin/ 4. ESMT Berlin in Germany (accepting since December 2016) https://esmt.berlin/knowledge/esmt-berlin-bitcoin-pays 5. Lucerne University of Applied Sciences and Arts in Switzerland (since October 2017) https://www.hslu.ch/en/lucerne-university-of-applied-sciences-and-arts/about-us/medien/medienmitteilungen/2017/10/03/bitcoin/ 6. FPT University in Vietnam (accepting since 2017) http://international.fpt.edu.vn/fpt-university-accepts-bitcoin-payment/# https://www.tun.com/blog/universities-accepting-bitcoin-for-tuition/ 7. Financia Business School France (accepting since 2018) https://news.bitcoin.com/french-university-accepts-fees-in-bitcoin-for-blockchain-technology-courses/ https://www.studyrama.com/formations/specialites/finance/actualites/financia-business-school-accepte-le-bitcoin-en-guise-105119 Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Josefjix on December 01, 2020, 03:29:18 PM The whole adoption we have been seeking is gradually gaining the mainstream attention, educational institutions, financial institutions. What more do we need? It is left for governments of several countries to lower their pride and decentralize their economies; by leveraging on the growing of the digital freedom. Bitcoin isn't just a coin, it is an economy to reckon on.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Sterbens on December 01, 2020, 03:45:45 PM Regardless of which university accepts cryptocurrency as a tuition payment system. I personally think that the university has identified Bitcoin as the spearhead of new technology. however, even when using a third-party system, in fact the additional fee involved is only one percent if paying with Bitcoin, which is much lower than if they were using traditional payment methods.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: kentrolla on December 01, 2020, 04:39:38 PM BTCs dominance is out of mind the mass adoption is growing because of the increasing use in primary sectors like institutions, businesses etc.
Well these type of news is boosting the rebel of BTC, the popularity of BTC is enormous and we are going to see a new revolution in crypto currency with the help of BTC, I would quote BTC as king for a reason 8) Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 02, 2020, 04:10:08 PM The whole adoption we have been seeking is gradually gaining the mainstream attention, educational institutions, financial institutions. What more do we need? It is left for governments of several countries to lower their pride and decentralize their economies; by leveraging on the growing of the digital freedom. Bitcoin isn't just a coin, it is an economy to reckon on. Great point you've made - 'government to lower their pride and decentralize their economies'. Unfortunately, it's not going to happen in real life. The governments I know would always want to restrict people's lives and deny them of their rightful freedom as humans. Government would tell you that a decentralized system would portray them as being weak in authority, which is a total fallacy. They would always want to control everything and that's why bitcoin seems like a big threat to them. Notwithstanding, bitcoin has come to stay and will defeat all its enemies at the end. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 02, 2020, 04:17:17 PM Regardless of which university accepts cryptocurrency as a tuition payment system. I personally think that the university has identified Bitcoin as the spearhead of new technology. however, even when using a third-party system, in fact the additional fee involved is only one percent if paying with Bitcoin, which is much lower than if they were using traditional payment methods. Absolutely, many universities across the world are realizing that fact that the potential of new technologies like blockchain can not be underestimated. And if any higher institution of learning must remain competitive then embracing such techs becomes paramount. That's why schools like Nicosia decided to jump in early into the cryptospace and is now taking the lead by even offering a master's degree in blockchain and digital currency. I'm excited that other institutions are now embracing the technology at a fast pace. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: avikz on December 02, 2020, 04:58:21 PM Slowly but surely, things are changing for better! It's a grand feeling to see these universities are accepting bitcoin for tuition fees and I am sure, many more universities will be joining the bandwagon shortly. But then the main questions is still unanswered. Even though there are many businesses around the world that accepts cryptocurrency as a payment method, are there more number of people willing to spend cryptocurrency as a store of value?
I had once found a barber in my city who accepts cryptocurrency for his services. I found him through the below website, https://coinmap.org/ Once I visited that person and enquired about it, he says even after he is willing to accept cryptocurrency for his service, he could not found even a single person who is willing to spend cryptocurrency. In last 3 years, he didn't have even a single person paid in cryptocurrency for his services. I happen to be the first person in his list as I had paid through ETH due to the relatively smaller amount. But that's the harsh reality! Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Poker Player on December 02, 2020, 05:08:26 PM Although I see the list of those universities as positive, I'm sorry to say that I think the adoption of those kinds of payments in the rest of them is going to be very slow.
I understand that the ones that have accepted these types of payments are private institutions at least in their majority and have very open-minded people among the governing board. In public universities, the acceptance of this type of payment is not going to happen soon and much less in mass, because they can not make their payments in bitcoin, and accepting that currency is like investing in a high-risk asset, with high volatility especially in the short term. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Lorence.xD on December 03, 2020, 07:01:40 AM Regardless of which university accepts cryptocurrency as a tuition payment system. I personally think that the university has identified Bitcoin as the spearhead of new technology. however, even when using a third-party system, in fact the additional fee involved is only one percent if paying with Bitcoin, which is much lower than if they were using traditional payment methods. The only one benefiting in this side of transaction is the universities. You see, when the price of bitcoin is lower, they will increase tuition to match the fiat value of that tuition and when the price is high, they do not have to do anything about it because they still have a degree of authority to the point that it will be difficult to ask for a rollback in tuition. The only I see that benefits the students is creating a system where you can choose whether you want to pay crypto or fiat, this is difficult too as universities will want their big piece of the pie and will do anything in their means to profit.Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: cryptomaniac_xxx on December 03, 2020, 07:37:05 AM As the link that you have posted, some universities have been accepting bitcoin as payment way before this bull run in 2020, so yeah it's closer to mainstream adoption as you can get. And there could be more universities that we are not aware that started as well, in 2018-2019. And maybe you can add this one to the list,
https://news.bitcoin.com/french-university-accepts-fees-in-bitcoin-for-blockchain-technology-courses/ Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: michellee on December 03, 2020, 07:52:47 AM The university's movements to accept bitcoin for tuition payment is a great step in the education world. If that can integrate without any problem, the other universities will follow this step. We need more universities to accept bitcoin to be used for education or in schools and universities. We know that the young generation is now aware of the new technology. Maybe sooner or later, we will see that the university has a lesson about crypto to attract more young people to studied more about crypto. The popularity of bitcoin to young people will also increase because they will learn how to use bitcoin before using bitcoin to pay their tuition.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: bitterguy28 on December 03, 2020, 07:58:26 AM really meaning Some university are almost part of early adopters?as they have accepted Bitcoin since 2013,2014 and 2017?
SOrry but i think i missed that part of crypto history. It's always been so proud if Thread like this was being created because this boost my trust and longing to Have more bitcoin that i have now. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Tessnik on December 03, 2020, 08:14:26 AM Bitcoin adoption is a gradual process and am happy to see new businesses and institutions accepting and allowing students to pay tuition fees in bitcoin, I wish to see this happening in my country soon.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: dothebeats on December 03, 2020, 08:41:50 AM Only a handful as of the moment but I reckon the number would be higher once most institutions and firms around academes start accepting bitcoin too. It will be some kind of a domino effect for this to happen, and it's really not that impossible to happen considering that huge companies already have something to say about bitcoin. Though that's the case, it's still good and refreshing to see that these universities up until now are still accepting bitcoin as-is with no additional catch whatsoever. Only a few dares to do that and I hope it paid off for these institutions.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: DdmrDdmr on December 03, 2020, 09:00:55 AM Perhaps there’s not that much of a big deal in the acceptance itself, which may not apply to all courses and grades (at least the University of Cumbria stated that they were running this as an experiment on a set of two courses – see https://99bitcoins.com/university-cumbria-uk-bitcoin/), as to the awareness that it could creates amongst university students, teachers and collaborators.
Nevertheless, I’ve tried to take a look into a couple of them, to see it the payment method is still accepted, global or delimited in scope, and the placement of this information on their information sites, but have come out empty handed … Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: lifeforcepools on December 03, 2020, 02:48:15 PM I don't think many people will be interested in this offer, but why not?
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: MWesterweele on December 03, 2020, 03:00:39 PM The university's movements to accept bitcoin for tuition payment is a great step in the education world. If that can integrate without any problem, the other universities will follow this step. We need more universities to accept bitcoin to be used for education or in schools and universities. We know that the young generation is now aware of the new technology. Maybe sooner or later, we will see that the university has a lesson about crypto to attract more young people to studied more about crypto. The popularity of bitcoin to young people will also increase because they will learn how to use bitcoin before using bitcoin to pay their tuition. Its really great that step by step the world was now adopting bitcoin. For now even though its is only some universities that accepted bitcoin as a tuition payment hoping that sooner other universities will consider this alos. It may took a lot more years for us to wait that the world may accept cryptocurrency or bitcoin as a whole, and a mode of payment and transactions and even became one of the worlds currency but knowing that there has some steps like this surely give a good sign to the huge potential ahead. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: kryptqnick on December 03, 2020, 03:05:22 PM 1. University of Nicosia in Cyprus (the first in the world to do so since December 2013) It's a small list so far, but I really hope it'll get bigger because investing in education is my priority for the near future and it's also one of the reasons I tend not to hodl too much in BTC because I won't be able to use it when I need it. It would also be great if it applied to other areas, such as paying visa fees, purchasing accommodation and stuff like that. Who knows, maybe one day the scholarships would also be available in BTC, and it would be easy to spend them on regular things... What's sad is that the list of universities suggests these few started accepting BTC a while ago, and there doesn't seem to be much progress with others joining more recently.https://www.unic.ac.cy/you-can-now-pay-your-university-tuition-with-bitcoins-wired/ https://ecoin4dummies.com/university-of-nicosia-receives-tuition-payment-using-bitcoin/ 2. The University of Cumbria Carlisle in the United Kingdom (since January 2014) https://www.timeshighereducation.com/news/bitcoin-to-be-accepted-by-university-for-fee-payment/2010698.article https://www.cumbria.ac.uk/about/news/articles/articles/university-of-cumbria-professor-to-tell-united-nations-about-the-future-of-money-.html 3. The Kings College New York in the United States (accepting since June 2014) https://www.tkc.edu/stories/kings-is-first-u-s-college-to-accept-bitcoin/ 4. ESMT Berlin in Germany (accepting since December 2016) https://esmt.berlin/knowledge/esmt-berlin-bitcoin-pays 5. Lucerne University of Applied Sciences and Arts in Switzerland (since October 2017) https://www.hslu.ch/en/lucerne-university-of-applied-sciences-and-arts/about-us/medien/medienmitteilungen/2017/10/03/bitcoin/ Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Asuspawer09 on December 03, 2020, 03:33:50 PM Maybe as long as bitcoin would be accepted as payment in any kind of business it would be a big help in bitcoin adaptation as it would help and expose people to bitcoin.
So it's always great to have this kind of payment option but I guess it's not common for universities because if you are going to accept bitcoin as a payment I guess that just means you are also investing in bitcoin. It might affect your business since the price is moving up and down in just a small time, it also depends on the country because not all country is exposed to this technology. But might not be as useful because I don't think bitcoin is suitable for spending but more like just for investment at this moment. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: shield132 on December 03, 2020, 03:48:08 PM Perhaps there’s not that much of a big deal in the acceptance itself, which may not apply to all courses and grades (at least the University of Cumbria stated that they were running this as an experiment on a set of two courses – see https://99bitcoins.com/university-cumbria-uk-bitcoin/), as to the awareness that it could creates amongst university students, teachers and collaborators. Just checked and they state following: Nevertheless, I’ve tried to take a look into a couple of them, to see it the payment method is still accepted, global or delimited in scope, and the placement of this information on their information sites, but have come out empty handed … Quote Despite the open support to cryptocurrency, the university is<strong> warning future students against buying Bitcoin just to pay for the tuition</strong> due to the high volatility risk. The institution believes that students should only pay in cryptocurrency if they already own it. So it seems that they accept bitcoin but at the same time are against it's adoption. It's still good that they accept bitcoin but the proposal that comes after that seems like it's a bad coin and users should only use if they accidentally bought it. Personally, I think that while adopting bitcoin or accepting bitcoin payments, universities should add Bitcoin and Blockchain technologies as a subject for those who study finances and informational technologies. But university that accepts it but warns students against it, seems very illogical for me and such university will never include a quality syllabus for this subject.From University of Cumbria is UK's first to step into the Bitcoin world https://99bitcoins.com/university-cumbria-uk-bitcoin/ Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: serjent05 on December 03, 2020, 04:28:09 PM Perhaps there’s not that much of a big deal in the acceptance itself, which may not apply to all courses and grades (at least the University of Cumbria stated that they were running this as an experiment on a set of two courses – see https://99bitcoins.com/university-cumbria-uk-bitcoin/), as to the awareness that it could creates amongst university students, teachers and collaborators. Just checked and they state following: Nevertheless, I’ve tried to take a look into a couple of them, to see it the payment method is still accepted, global or delimited in scope, and the placement of this information on their information sites, but have come out empty handed … Quote Despite the open support to cryptocurrency, the university is<strong> warning future students against buying Bitcoin just to pay for the tuition</strong> due to the high volatility risk. The institution believes that students should only pay in cryptocurrency if they already own it. So it seems that they accept bitcoin but at the same time are against it's adoption. It's still good that they accept bitcoin but the proposal that comes after that seems like it's a bad coin and users should only use if they accidentally bought it. Personally, I think that while adopting bitcoin or accepting bitcoin payments, universities should add Bitcoin and Blockchain technologies as a subject for those who study finances and informational technologies. But university that accepts it but warns students against it, seems very illogical for me and such university will never include a quality syllabus for this subject.From University of Cumbria is UK's first to step into the Bitcoin world https://99bitcoins.com/university-cumbria-uk-bitcoin/ I don't think they are against cryptocurrency adoption. If they do then, they won't accept BTC as payment. I see it as them (university) having concern on the possible losses of a student if ever they bought BTC at the wrong time. Nevertheless, I believe the university is just taking advantage of the technology offered by BTC, and at the same time going with the trend. And I agree, if universities really support Bitcoin and Blockchain technology, they should add them to the school curriculum. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: ranochigo on December 03, 2020, 04:51:07 PM I think it's great for more institutions to accept Bitcoin and I see this as a huge plus for the adoption.
However, it's important to note that it's just akin to having more payment methods. Don't get me wrong, there's nothing bad about it. Having more payment methods is beneficial to the adoption but it isn't synonymous as people seeing it as a store of value. The volatility of Bitcoin is way too much for most to shoulder especially when it's so hard to use Bitcoin. Until Bitcoin becomes less volatile, the adoption rate won't be high at all. It's definitely good publicity to be one of the few to accept crypto though (something something about innovation within the university)? Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: hulla on December 03, 2020, 09:15:36 PM What more do we need? It is left for governments of several countries to lower their pride and decentralize their economies; by leveraging on the growing of the digital freedom. Bitcoin isn't just a coin, it is an economy to reckon on. First of all, i want to enlighten you guys that alot of Universities in the US and UK have been accepting Bitcoin for tuition payment before now and even before payment integration of cryptocurrency but i guess most people are not aware of it.Josefjix, i have said before that the government are the only setting hindering crypto adoption but with the SEC CEO statement i expect some government to lower their pride Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: michellee on December 04, 2020, 02:00:16 AM The university's movements to accept bitcoin for tuition payment is a great step in the education world. If that can integrate without any problem, the other universities will follow this step. We need more universities to accept bitcoin to be used for education or in schools and universities. We know that the young generation is now aware of the new technology. Maybe sooner or later, we will see that the university has a lesson about crypto to attract more young people to studied more about crypto. The popularity of bitcoin to young people will also increase because they will learn how to use bitcoin before using bitcoin to pay their tuition. Its really great that step by step the world was now adopting bitcoin. For now even though its is only some universities that accepted bitcoin as a tuition payment hoping that sooner other universities will consider this alos. It may took a lot more years for us to wait that the world may accept cryptocurrency or bitcoin as a whole, and a mode of payment and transactions and even became one of the worlds currency but knowing that there has some steps like this surely give a good sign to the huge potential ahead. No matter if it needs more years, the world will be ready to accept cryptocurrency, and it is still under process right now. Bitcoin itself is trying to reach more, not just in the business, economy, but now that bitcoin is trying to enter the education field. We still need to introduce bitcoin and altcoin to many people out there, so they will know that they now have more options for the payment system, and it is not just for that reason, but it could be a new investment for them. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: btc78 on December 04, 2020, 02:29:04 AM The title seems to be need editing mate Because it is not just "NOW" that Those universities are accepting Bitcoin as because the Most recent among the list accepts Bitcoin as Payment since 2017 means that's 3 years ago.
and those first adopter Starts from 2013 when bitcoin is just starting to be Mainstream and when many people are Throwing accusation that this is a scam and not to be trusted. I don't think many people will be interested in this offer, but why not? Many People who's know nothing about technology or denying the reality that Paper money is starting to collapse. Imagine those are university that Teaching our children about what they need in future and here they are the parents are denying this fact. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: taufik123 on December 04, 2020, 02:50:27 AM some universities that accept bitcoin or adopt bitcoin as a means of payment for their students are certainly the best choice to prove that bitcoin is a payment technology that has a good future. It also depends on the country where the university is located. several other states have unclear regulations on bitcoin. Universities that adopt bitcoin payments certainly add subjects on bitcoin, cryptocurrency and blockchain technology as additional subjects. In my country this kind of adoption is still very far away, regulation is limited to commodity trading and nothing more. The longer the adoption of bitcoin will be more widespread and not only as a speculative asset but a revolutionary payment option.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Shallow on December 04, 2020, 06:28:41 AM This is really interesting and a good start as well, and will of course gradually compel others to take the same path, and before one can know it, Bitcoin and other cryptocurrencies, as well as blockchain will be studied in more universities. Going down memory lane, it is clear that every good Innovation only needs time to achieve the intended goal, this is the case with Bitcoin. When Bitcoin was created, it was called many names but today, the price is valuable, big cooperations are adopting it and now universities are accepting it as a means of payment, this to a great extent has added more value and Integrity to the crypto space.
Furthermore, accepting Bitcoin is more like getting ready for the future and what it offers, because from all ramifications, it will only keep getting better and more interesting. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Josefjix on December 04, 2020, 07:32:35 AM What more do we need? It is left for governments of several countries to lower their pride and decentralize their economies; by leveraging on the growing of the digital freedom. Bitcoin isn't just a coin, it is an economy to reckon on. First of all, i want to enlighten you guys that alot of Universities in the US and UK have been accepting Bitcoin for tuition payment before now and even before payment integration of cryptocurrency but i guess most people are not aware of it.Josefjix, i have said before that the government are the only setting hindering crypto adoption but with the SEC CEO statement i expect some government to lower their pride Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: AniviaBtc on December 04, 2020, 11:52:34 AM This is good especially for those student who are earning BTC, by that they can pay their own tuition without even asking for their parents.
Besides that, this is also a good adoption for those schools or universities to engage and explore about the importance and value of bitcoin in the economy and businesses. Those who work to earn bitcoin can make themselves study with the course and in the university that they want if all of the universities or institutions already accept bitcoin. But we need to wait for more years for them to fully understand, adopt, and engage with bitcoin. Things can't be rushed and I know that as we are engaging more in digital age, bitcoin will become more popular globally. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: hulla on December 04, 2020, 05:40:47 PM What more do we need? It is left for governments of several countries to lower their pride and decentralize their economies; by leveraging on the growing of the digital freedom. Bitcoin isn't just a coin, it is an economy to reckon on. First of all, i want to enlighten you guys that alot of Universities in the US and UK have been accepting Bitcoin for tuition payment before now and even before Paypal integration of cryptocurrency but i guess most people are not aware of it.Josefjix, i have said before that the government are the only setting hindering crypto adoption but with the SEC CEO statement i expect some government to lower their pride They seems not to be against crypto and the statement made by US SEC CEO are message that could help the surge in price of the market. With that been said, it not every government or policy that is against crypto. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: doomloop on December 04, 2020, 08:27:13 PM It’s good news and we are looking forward to seeing more of these happening like everyday. When I saw the news I was quite surprised because I didn’t expect universities to even adopt Bitcoin as a payment method, it’s really one of the coolest thing. I am guessing these universities are private universities and none of them are government owned institutions right?
Because, it’s only private owned that will be able to do this, government owned institution wouldn’t be accepting Bitcoin. With that said, I am happy with the progress that we have been seeing. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: DoublerHunter on December 04, 2020, 09:12:26 PM ~snip~ ^ Definitely agree, the Innovation and Entrepreneurship Business School in Spain is also accepting Bitcoin as payment for the tuition fee. though the number of these schools is still few I am pretty sure that in a not so far distant time other schools will also follow especially those who are offering courses that are related to technology in particular to blockchain IMO. As other institutions are already acquiring bitcoins in their services hence it is not impossible that even schools and universities around the globe will be acquiring it as payment. In my country, there is no school yet that accepts bitcoins for the tuition fee instead they need to convert their bitcoin first into our local currency before they can make a payment for the tuition fee using a local wallet platform.Because, it’s only private owned that will be able to do this, government owned institution wouldn’t be accepting Bitcoin. With that said, I am happy with the progress that we have been seeing. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Hamphser on December 04, 2020, 10:11:15 PM Here are some universities that can be add up on the list.
https://esmt.berlin/ https://time.com/2871764/kings-college-accept-bitcoin/ https://www.unic.ac.cy/ Source: https://medium.com/xcellab-magazine/explore-universities-that-accept-bitcoin-baf4cfbb5bc3 Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: usekevin on December 04, 2020, 11:03:56 PM As a passionate fan of bitcoin and cryptocurrencies in general, it has always been my desire to see bitcoin become a payment of choice for many businesses and organizations around the world. Judging by recent developments across the world, I can say that the desire is gradually coming to fruition. source: https://www.goldeneaglecoin.com/ With Bitcoin now being accepted by some major universities in different countries and businesses like Overstock, Microsoft and others, I feel confident that crypto adoption is going in the right direction and in no distant time, cryptocurrencies with $BTC taking the lead will become major contenders in the payment ecosystem as medium of exchange. I can't wait to see $BTC become a popular means of payment, not just a speculative tool and store of value that it's been mostly serving the purpose. Recently, as I was researching the web, I came across some universities that have since being accepting Bitcoin for school fees payment and I decided to write on the topic here in order to get insights on others that are doing same across the world which I'm yet to come across. Kindly add to this conversation by listing any university, colleges, or any institutions of learning in any part of the world that is allowing tuition and fees payment by $BTC. Let's keep the list going. source: unic.ac.cy Below are some of the universities that have opened doors for students to pay fees using Bitcoin: 1. University of Nicosia in Cyprus (the first in the world to do so since December 2013) https://www.unic.ac.cy/you-can-now-pay-your-university-tuition-with-bitcoins-wired/ https://ecoin4dummies.com/university-of-nicosia-receives-tuition-payment-using-bitcoin/ 2. The University of Cumbria Carlisle in the United Kingdom (since January 2014) https://www.timeshighereducation.com/news/bitcoin-to-be-accepted-by-university-for-fee-payment/2010698.article https://www.cumbria.ac.uk/about/news/articles/articles/university-of-cumbria-professor-to-tell-united-nations-about-the-future-of-money-.html 3. The Kings College New York in the United States (accepting since June 2014) https://www.tkc.edu/stories/kings-is-first-u-s-college-to-accept-bitcoin/ 4. ESMT Berlin in Germany (accepting since December 2016) https://esmt.berlin/knowledge/esmt-berlin-bitcoin-pays 5. Lucerne University of Applied Sciences and Arts in Switzerland (since October 2017) https://www.hslu.ch/en/lucerne-university-of-applied-sciences-and-arts/about-us/medien/medienmitteilungen/2017/10/03/bitcoin/ Whenever we heard of using bitcoin for certain payment.It was a good sign and we can except their may be increase in the demand of bitcoin from it. When the demand increase, it automatically increase the price of bitcoin in turn. And if the bitcoin come to the curriculum of the students will help them to know the way of getting bitcoin. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: concept2 on December 04, 2020, 11:50:11 PM So this list has 5 schools. Cant wait to see this list with more than 500 schools. Though, as a bitcoin enthusiast, i believe people rather use bank wire than bitcoin for universitiy tuition which is faster than bitcoin in this field
But this is also a good chance to spread bitcoin around intuition environment where people are more intelligent and modern than others. Bitcoin needs to become even more popular in order for mass adoption Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: samputin on December 05, 2020, 04:10:40 AM I've just read recently that Pizza hut accepts bitcoin. And now there are universities already accepting it to pay for students' tuition. That's just amazing. And I have noticed that it's not that recent. I mean, those universities are already accepting bitcoin 3-7 years ago. That just means that it's effective, right? I hope that this kind of adaptation reach others and do this kind of stuff be it in business, or the academe.
So this list has 5 schools. Cant wait to see this list with more than 500 schools. ~ We'll get there, eventually. And I'm looking forward to seeing that day. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: proTECH77 on December 05, 2020, 04:49:53 AM Many countries now believe that bitcoin is not a scam currency, base on what they are seeing in other countries that make bitcoin legalized in their country. Many countries accept bitcoin for any kind of payment in the country, that is really helping the bitcoin users not to find it difficult to make use of their coins in the country.
Many countries Universities are now accepting bitcoin and other cryptocurrencies for school payment, that is attracting other countries, that think bitcoin is not a good currency in their country. This is a good development to those institution allow bitcoin users to make use of their coins in higher institution by providing them bitcoin ATM machine in the campus to do any kind of transaction in the university. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Josefjix on December 05, 2020, 05:48:30 AM There's a typo in my previous messages. But you can integrate SEC when it come to an investment cause they have the right to melt into every affairs that have to do with investors protection, fairness in the market etc. Mind you, the SEC wont have be involved in cryptocurrency if there is no overlapping of scam activities by cryptocurrency scammers in the uear 2017 and the last time i checked the SEC work independently though they federal agency but they never for once operate over their roles. The clarification now makes it more understandable, indeed not every government is directly against Crypto. Some are just regulating crime perpetrators by bringing rules of KYC, founding their native exchanges for traceble transactions.They seems not to be against crypto and the statement made by US SEC CEO are message that could help the surge in price of the market. With that been said, it not every government or policy that is against crypto. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: MCobian on December 05, 2020, 05:58:27 AM As a Bitcoin enthusiasts, I am certainly very happy to know that there are already several universities that have accepted Bitcoin payments.
Even though the number of universities that received tuition payments in Bitcoin was still small, I consider this a very good step for Bitcoin adoption. I am also optimistic that in the next few years there will be more universities that accept Bitcoin payments. Especially after Paypal accepts Bitcoin, more and more companies are accepting Bitcoin, and many people have finally realized the importance of Bitcoin for human life. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: shoreno on December 05, 2020, 06:29:31 AM So this list has 5 schools. Cant wait to see this list with more than 500 schools. Though, as a bitcoin enthusiast, i believe people rather use bank wire than bitcoin for universitiy tuition which is faster than bitcoin in this field schools are complicated when it comes to adding payment methods and theres two types of schools that are government and non government . But this is also a good chance to spread bitcoin around intuition environment where people are more intelligent and modern than others. Bitcoin needs to become even more popular in order for mass adoption non government type of schools can easily recognized btc as an addition to thier payment method while there can be a step to do on government type school for btc to be included on thier school . dont wish that 500 school will soon join btc because that is small but there are huge number of schools per country . aim for more Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Latviand on December 05, 2020, 09:30:27 AM Then those parents who have bitcoin can now pay their child's tuition faster and easier. But the problem is that, limited number universities only have the guts to accept bitcoin as a payment tool for tuition. Not all institutions and universities are knowledgeable about it and they don't know how it works and regulated. It is really hard to engaged on something that you have no idea about and I'm glad that there are still those who are brave enough to explore cryptocurrency and blockchain technology for the sake of quality education.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Gotumoot on December 05, 2020, 10:24:19 AM At least they don't have to go out and stay in line anymore.
I think they started to accept it due to the virus to help everyone stop the virus to avoid physical contact. I am happy about the news and I think it is only the beginning of it more school would soon accept it too. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: ololajulo on December 05, 2020, 11:04:26 AM My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: carlisle1 on December 05, 2020, 11:59:31 AM Looks like the adoption is slowly taking because according to the OP it was 2013 when the university stared adopting Bitcoin?
Yet the flow is nearly 1 university a year because since 2013 there is only 5 that accepts this as payment. But of course it is more better than nothing and also while Blockchain is being introduced to the student meaning in the next 10-20 years these student will be the Best way of this community to finally be Welcomed in all areas of businesses because for sure that those student will have their own areas in which Blockchain and crypto will be introduced and pursue. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: pankowri on December 05, 2020, 07:12:24 PM Wow, that's great news. This is a satisfactory initiative. Students who operate in Bitcoin will be eligible to submit it directly as payment. The system will come to be straightforward. Bitcoin is deliberately being approved by everyone and is being recognized by various countries nowadays. Furthermore, several schools are putting up with Bitcoin as a subject. Across-the-board this endeavor is commendable and effective.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: ChrisPop on December 05, 2020, 07:30:47 PM Universities are a great bridge to inspire the spirit of cryptocurrencies to the young generation. I'm sure that this trend will continue as the adoption levels raise in other areas as well. Coffee shops are best to spread the word and set an example in my opinion.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: AmoreJaz on December 05, 2020, 07:54:12 PM Looks like the adoption is slowly taking because according to the OP it was 2013 when the university stared adopting Bitcoin? Yet the flow is nearly 1 university a year because since 2013 there is only 5 that accepts this as payment. But of course it is more better than nothing and also while Blockchain is being introduced to the student meaning in the next 10-20 years these student will be the Best way of this community to finally be Welcomed in all areas of businesses because for sure that those student will have their own areas in which Blockchain and crypto will be introduced and pursue. yes, didnt know that some are already accepting btc long time ago. but yeah, it seemed slow for adoption or maybe we are still missing some schools in the list? i found few of them that are not in OP's list. but i believe, this year 2020, there are additional ones that maybe has not published yet in the media. and because of this pandemic, more then likely some countries which has legal outlook towards bitcoin will encourage their schools and universities to add crypto as part of their payment option FPT University in Vietnam (https://www.tun.com/blog/universities-accepting-bitcoin-for-tuition/#:~:text=A%20handful%20of%20universities%20across,the%20two%20most%20recent%20additions.) = the article was 3 years ago The Montessori Schools, New York City (since June 2017) (https://news.bitcoin.com/private-schools-kids-accepting-bitcoin-tuition/) La Salle Greenhills, Miriam College, Univ of San Jose Recoletos, Philippines (https://coins.ph/blog/pay-school-tuition-fees-with-coinsph/)= article posted in Aug 2018 Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Wawa2013 on December 05, 2020, 08:19:34 PM This is great news, because it can make Bitcoin useful. Hopefully, the number of universities that accept Bitcoin continues
to increase for tuition payments. This also provides an opportunity for those who earn from Bitcoin, can directly use the Bitcoin they have without the need to cashout first. It is also very helpful for increasing people's awareness of Bitcoin. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: BIT-BENDER on December 05, 2020, 08:51:15 PM At least they don't have to go out and stay in line anymore. It depends on the country in which the institution is for students to stand in queue to pay school/tuition fee, they can do that using a transfer of fiat to institutions account, and the pandemic is no reason why those institution accepts Bitcoin, they evolved, they saw it a good addition to the school/tuitions fee mode of payment, they should not explain that, or need a bad situation to come before accepting Bitcoin.I think they started to accept it due to the virus to help everyone stop the virus to avoid physical contact. I am happy about the news and I think it is only the beginning of it more school would soon accept it too. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: wxa7115 on December 05, 2020, 08:55:18 PM The whole adoption we have been seeking is gradually gaining the mainstream attention, educational institutions, financial institutions. What more do we need? It is left for governments of several countries to lower their pride and decentralize their economies; by leveraging on the growing of the digital freedom. Bitcoin isn't just a coin, it is an economy to reckon on. Sorry to break this to you but that is going to be the last step in the road to gain worldwide adoption for bitcoin and other cryptocurrencies, governments are not going to willingly relinquish the power they have obtained through centuries of deceiving people, they are going to resist to the very end any effort by their population to let go of the control they have over them.This is why adoption seems to be moving so slowly even if the value of bitcoin is skyrocketing, at first governments tried to ban it and to discourage its use but once they saw they could not do that then they tried to regulate it as much as they could and once they realized that they cannot do that either most likely they are going to try to ban it again, and only once they fail on those measures they will recognize that they have no option but to adopt it. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Casdinyard on December 05, 2020, 09:38:59 PM My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018. It would sound weird if they would stop accepting such mode of payment once bull market is over.They should more adjust the amount if ever market price will again fall than to make a sudden stop to a mode of payment wherein in the first place they are the ones to make that offer. But that's indeed a good question, will it sustain the financial needs of the school? 'coz probably they won' t use Bitcoin to pay for services when the price is low, unless the owner of the school is mad rich that he will be able to provide money in order to Bitcoins of the school to not be used and to be held until the market price again become bullish, if a downfall occur in this market.If this one's true, then it would really be a huge step towards acceptance of this technology. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Lordhermes on December 05, 2020, 09:49:49 PM My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018. There is a possibility that the payment of tuition fee with bitcoin in colleges and universities will bring out problems, there would be an unfair different amount paid by each student depending on the state of the market, this probably will cause confusion and arguments between students and staff,. So the only solution to this is to make use of stable coin for payment of tuition fee. Irrespective of the market status, stable coin like usdt will be good n transacting with that.Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: TedMosby on December 05, 2020, 11:57:15 PM This is a good news for the crypto adoption on a mainstream sector. But I am not sure if using bitcoin is a good choice to pay tuition payment. Because bitcoin become an asset now. That is something that you expect to grow.
“Di you know that I paid 4 million usd for my degree?” “How come?” “I used bitcoin back then” This could be the dialogue for the future. ;D Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 06, 2020, 12:28:24 AM As the link that you have posted, some universities have been accepting bitcoin as payment way before this bull run in 2020, so yeah it's closer to mainstream adoption as you can get. And there could be more universities that we are not aware that started as well, in 2018-2019. And maybe you can add this one to the list, https://news.bitcoin.com/french-university-accepts-fees-in-bitcoin-for-blockchain-technology-courses/ Awesome. Thank you @cryptomaniac_xxx for this update. That's exactly what I wanted. I know there are many more institutions that are already accepting bitcoin for tuition and fees that we need to include in the list. I will update the post with this latest addition while I expect the list to keep coming. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 06, 2020, 12:46:10 AM really meaning Some university are almost part of early adopters?as they have accepted Bitcoin since 2013,2014 and 2017? SOrry but i think i missed that part of crypto history. It's always been so proud if Thread like this was being created because this boost my trust and longing to Have more bitcoin that i have now. Yes, those universities were part of early adopters and they are still strongly connected to bitcoin and blockchain development. Particularly, University of Nicosia in particular, popularly acclaimed the first university to adopt still maintains its stronghold on the cryptospace by starting the first MS in Digital Currency program and sponsoring an annual cryptocurrency gathering before pandemic struck. It's a great history and inspiring one for that matter. I'm so proud of where we are going in this ecosystem. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: erikoy on December 06, 2020, 12:55:28 AM They are only doing their business and that accepting bitcoin as an option of payment could be mean nothing and are just part of business. In the end if we ca see the transaction then definitely we can see transaction like btc-btc directly fiat value in which probably most establishment who accept btc will going to accept it to after receiving it another platform will be used to convert btc to fiat. Of course, if you are a business owner and wanted to get clear or net profit then you shoulf a stable currency which is more likely the fiat unless also tge teachers wanted to receive salary as btc but the value should not be pegged to stable currency and that means that the teacher salary will not be fixed and will depend on the btc market value and that would be complicated.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 06, 2020, 12:56:43 AM The university's movements to accept bitcoin for tuition payment is a great step in the education world. If that can integrate without any problem, the other universities will follow this step. We need more universities to accept bitcoin to be used for education or in schools and universities. We know that the young generation is now aware of the new technology. Maybe sooner or later, we will see that the university has a lesson about crypto to attract more young people to studied more about crypto. The popularity of bitcoin to young people will also increase because they will learn how to use bitcoin before using bitcoin to pay their tuition. I agree with you totally. We need many more universities to adopt this innovative technology that gave birth to bitcoin and also accept bitcoin itself as a mode of payment for most of their programs and services. It will be the most popular to spread the message of bitcoin to the young generation since many young people are tied to these institutions. I'm happy that progress is being made with these ones that are already in. Also, I can say that many universities are already offering courses and programs on blockchain, cryptocurrencies, bitcoin, and FinTech and this I believe will increase the popularity of bitcoin and cryptocurrencies in years to come, especially, as many more institutions introduce more of such programs and course. We will get there soon. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Wisbrown on December 06, 2020, 01:03:13 AM Bitcoin as be come the hope of future, now that universities are taking it, as a tuition payment. so, there is an assurance of making higher profit when invest.
This is great news, because it can make Bitcoin useful. Hopefully, the number of universities that accept Bitcoin continues I remember the long lines and time effort in lining to pay. It's indeed a good idea to do transactions. This will create also transparency in their accounts too as crypto is decentralized and they can see whether how much money the school accumulated. to increase for tuition payments. This also provides an opportunity for those who earn from Bitcoin, can directly use the Bitcoin they have without the need to cashout first. It is also very helpful for increasing people's awareness of Bitcoin. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Innerpumper on December 06, 2020, 04:22:04 AM I hope it will be used as the standard of universities around the world, seeing the development of bitcoin and its technology that is blockchain is quite good in developing the financial industry. It is also likely that bitcoin will be applied in all payment methods and banks as well as taxation in the next 5 years.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: AicecreaME on December 06, 2020, 04:46:40 AM I guarantee you that those universities OP had mentioned for sure have a good educational system. Understanding how complicated yet have a of benefits Bitcoin have is a very applaudable matter, especially if it is a university. Bitcoin adaptation may be slowly progressing as we are approaching the future of the technology but soon we could have that cashless society which I find cool and convenient. By accepting Bitcoin as a payment for tuition, those universities would indeed going to have a bright future ahead, especially whenever Bitcoin makes an ATH.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: cheezcarls on December 06, 2020, 05:29:30 AM Now that's great to hear by the way. I can see that schools are starting to adopt cryptocurrencies for enrollment, tuition fees, etc. This is a great thing, but I wish that the schools in the Philippines are going to adopt this one day.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: crypticj on December 06, 2020, 05:38:50 AM I cant find any normal university in this list, adoption in universities is still yet to come
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Yatsan on December 06, 2020, 09:27:37 PM It is just so good to know that there are lots of certain institutions like universities who are already taking part of the massive adaption of Bitcoin usage on which they are taking part of it as they adapt on using Bitcoin as their payment option for paying tuition fees on their university proper. It is just so good to see that they are now recognizing the essence of the existence of Bitcoin and they are now accepting it into their institution so their students as well as parents will be able to know Bitcoin more and adapt on using it since they have introduced it as the new mode of payment. But still it will be good to take it slow and have fiat still on the option for there might be other families who still cannot take part of the adaption taken by the universities so it will still be good to think of the welfare of the students as well.
Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 06, 2020, 11:09:19 PM Perhaps there’s not that much of a big deal in the acceptance itself, which may not apply to all courses and grades (at least the University of Cumbria stated that they were running this as an experiment on a set of two courses – see https://99bitcoins.com/university-cumbria-uk-bitcoin/), as to the awareness that it could creates amongst university students, teachers and collaborators. Just checked and they state following: Nevertheless, I’ve tried to take a look into a couple of them, to see it the payment method is still accepted, global or delimited in scope, and the placement of this information on their information sites, but have come out empty handed … Quote Despite the open support to cryptocurrency, the university is<strong> warning future students against buying Bitcoin just to pay for the tuition</strong> due to the high volatility risk. The institution believes that students should only pay in cryptocurrency if they already own it. So it seems that they accept bitcoin but at the same time are against it's adoption. It's still good that they accept bitcoin but the proposal that comes after that seems like it's a bad coin and users should only use if they accidentally bought it. From University of Cumbria is UK's first to step into the Bitcoin world https://99bitcoins.com/university-cumbria-uk-bitcoin/ Quote Personally, I think that while adopting bitcoin or accepting bitcoin payments, universities should add Bitcoin and Blockchain technologies as a subject for those who study finances and informational technologies. [/u][/color] But university that accepts it but warns students against it, seems very illogical for me and such university will never include a quality syllabus for this subject.Some Universities are already introducing Bitcoin and Blockchain technologies courses into their Finance and Tech related programs. Here's an example I saw in the curriculum of an Information Systems MS program in one of the top business schools in the US. CIS 9551 - Blockchain Technologies and Applications Graduate | 3 Credits | 3 Hours This course will trace the history of cryptocurrencies and explicate the relationship between cryptocurrencies and blockchain. It will focus on not only explaining the components of blockchain technologies but also surveying the competing platforms available as well as trade-offs among them. It will then examine potential applications of blockchain technologies and various societal, legal, and monetary implications of these technologies. Blockchain has the potential to be a successful technology platform to overcome trust barriers among different parties over the Internet. This is a significant value proposition ? one that this course will seek to unpack ? that has attracted significant flow of capital and talent into the blockchain space. Prerequisite: None. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 06, 2020, 11:23:36 PM My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018. Your question is a difficult one to give a straight answer. The high volatility of Bitcoin is basically the reason the sustainability of such move would be questioned owing to the fact that no business would want to lose money to the thin air when they've got other option to adopt and evade any foreseeable loss. That's why most businesses and institutions today are still dragging their feet from adopting Bitcoin as a means of payment. But as the industry grows and the ecosystem begins to witness less volatility I believe that massive adoption will follow. However, to be fair to those of them that are already accepting it, I think they deserve commendation because it's definitely a bold move. And of course, some of them are still accepting it for tuition and fees today. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: chanler on December 06, 2020, 11:48:59 PM First, many people in the world accept Bitcoin.
Then, many more companies also accept Bitcoin. Now, universities accepting Bitcoin are also increasing. Another niviersity recently accepts BTC is FPT University in Vietnam (https://www.tun.com/blog/universities-accepting-bitcoin-for-tuition/). The use of BTC in many sectors proves that actually, this world has been ready for the adoption of cryptocurrency. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: bryant.coleman on December 07, 2020, 05:04:55 AM I cant find any normal university in this list, adoption in universities is still yet to come Acceptability is still very limited. A handful of universities are accepting payments in Bitcoin, but that is mostly for ideological purposes. Don't expect global acceptability for Bitcoin at least for the next 5 years. For now, you can make the payments after converting your coins to fiat using any cryptocurrency exchange or peer-to-peer platform. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 07, 2020, 10:43:56 PM First, many people in the world accept Bitcoin. Then, many more companies also accept Bitcoin. Now, universities accepting Bitcoin are also increasing. Another niviersity recently accepts BTC is FPT University in Vietnam (https://www.tun.com/blog/universities-accepting-bitcoin-for-tuition/). The use of BTC in many sectors proves that actually, this world has been ready for the adoption of cryptocurrency. Yes, it seems the number of universities that are accepting Bitcoin for tuition and fees payment is increasing. That's so encouraging I must say. Good to know that a university in Vietnam is in the gang of early adopters even since 2017. Thanks for the revelation and permit me to update the list with the new addition. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 09, 2020, 03:11:56 AM At least they don't have to go out and stay in line anymore. I think they started to accept it due to the virus to help everyone stop the virus to avoid physical contact. I am happy about the news and I think it is only the beginning of it more school would soon accept it too. All the schools listed in the OP started accepting Bitcoin long before 2020 and as far back as 2013. That shows that those institutions were interested in being part of the early adopters of the innovative payment system. Obviously, not as a result of pandemic. I just hope many more universities join the movement in no distant time. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: Smeet on December 09, 2020, 03:21:15 AM In my opinion, the biggest factor limiting the educational institutions from accepting crypto in general is the volatility of the market prices. Since the facilities have to use the tuition payments to pass on further for salaries / funding different departments, they have to liquidate the bitcoin that they would get as payment almost instantly to avoid losing any money from the volatility.
Another burden that they would have to face would be trusting an exchange to convert the tuition payment into local currency quickly without paying much fee and trusting that the exchanges have good security measures in place as well. I'm not saying I don't agree with Universities accepting crypto for tuition, but I believe that they have many downsides to doing so which will prevent many universities all over the world from doing this. Title: Re: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? Post by: globalcitizen on December 09, 2020, 11:59:22 PM In my opinion, the biggest factor limiting the educational institutions from accepting crypto in general is the volatility of the market prices. Since the facilities have to use the tuition payments to pass on further for salaries / funding different departments, they have to liquidate the bitcoin that they would get as payment almost instantly to avoid losing any money from the volatility. Another burden that they would have to face would be trusting an exchange to convert the tuition payment into local currency quickly without paying much fee and trusting that the exchanges have good security measures in place as well. I'm not saying I don't agree with Universities accepting crypto for tuition, but I believe that they have many downsides to doing so which will prevent many universities all over the world from doing this. Your point of view is actually as good as mine. In as much as many organizations, businesses, and individuals would want to accept or spend Bitcoin, the hurdle therein is still how to overcome the highly volatile nature of bitcoin and other crypto assets. Except those who are well informed in Fintech, forex, and crypto, it will be very hard to believe crypto. |