Bitcoin as Education Insurance

[Shasha80]

bitcoin as education insurance, sounds good and can be accepted with common sense, because in this way it is likely that bitcoin will be known by all circles, young and old even students will learn about bitcoin, but the problem is will all schools accept payments in bitcoin.

This looks unlikely for now, can't deny that but who knows 10 years onwards they will take this and offer such rewards to the most outstanding students. This gonna be a sort of motivational program and I believe that it certainly gain attention since these kinds are probably aware of Bitcoin. And with the help of being included in the teaching program, the more further give them information and investment ideas.

This eventually I looked forward to seeing it in my country but something I'm not sure of is if the government will give support or/ they just ignore and prioritize the other needs.

Since Bitcoin has proven to be a very profitable asset for investment, then the idea of making Bitcoin an educational insurance for outstanding
students should be a program supported by the government. Apart from motivating students to give their best, it can also serve as education
about Bitcoin, and make people aware of the importance of investing. I hope that countries that have legalized Bitcoin as a digital asset can support
Bitcoin for education insurance. But as you've said, it's very unlikely that the government will support such a program, because the government
must prioritize other things. Especially with the pandemic not over yet, definitely the government's focus on programs related to the pandemic for now.

[Vannie12]

I suppose it's a marketing strategy to promote bitcoin among young students, because it really doesn't make a lot of difference if home tuition support is paid in fiat or bitcoin currency. I don't know what are the intentions behind this good action, but I think it's positive for bitcoin anyway. The more people talk about it, the better.
News like this make people's interest for bitcoin increase, what helps to raise demand, also boosting bitcoin price towards a new ATH that must happen before this year finishes yet.

I was wondering about this. I welcome actions like this that popularize Bitcoin, but if the amount they earn is going to go to pay tuition fees, I don't see the point, and I don't think the Universities where they study accept Bitcoin as payment. I would see more sense if the students could save at least part of what they give them for the future. But charging X amount that you have to exchange to USD to pay tuition fees doesn't make much sense to me.

Couldn't agree more. I think using bitcoin for tuition fee is a bit off. Solely just for advertisement. If an institution like school, does not have a proper storage for crypto or a system where they allocate funds in crypto, they probably won't have anything to do with it and might just take it as fiat so it can be used as like the rest of the funds. For such, they need the fund to circulate, they wouldn't store that for long because they would know that it is not stable.
I think it can be use somehow for education, but in other ways maybe.

I guess one important aspect to consider is whether we are talking private or public universities. As public universities are run by the state, I think they might not even be allowed to accept speculative assets for tuition fee whereas that might very well be the case for private universities.
I think they will always have to rely on stable currencies. Imagine they hold large amounts of crypto and it crashes and just have to close the university forever!

  same thought. When it crash and then blame the universe why cryptos are made and just a waste and call rallies against cryptos accusing of scam and fraud and whatnot and because they have lost their jobs, would advise their families of the avoiding them and boom, no more crypto for them. Haha. It's just funny how people think these days.