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Author Topic: This School Accepts Bitcoin !  (Read 6294 times)
xIIImaL
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November 18, 2016, 07:33:01 AM
 #101

Wow even school now accept bitcoin now. I hope my school accepts also bitcoin as payments .
Bitcoin is for the whole world . what if the bitcoin is the money for the whole world?


Yeah this is good move from the school directorate, Why not all the people are not accepting bitcoins like wallmart or wallgreens or etc.. Like education department accepting bitcoins means why not these commercial places not yet accepted. Its a big worry.
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November 18, 2016, 07:36:57 AM
 #102

One day, everything can be paid for with Bitcoins or any other cryptocurrency. Paper money will be obsolete in the future hence we must move to another medium of payment, which will be electronic currency.

i am sure for that and its only the time will give the answer. i hope the other school in that area will be following that school and later the school from other country will follow too and together, bitcoin will be adopt by more people.

its a good news for us that using bitcoin in online.

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November 18, 2016, 07:40:01 AM
 #103

Quote
Merchants can instantly convert the bitcoins received into Indian rupees in their bank account,“
  Wink


 Cool
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November 18, 2016, 08:24:07 AM
 #104

One day, everything can be paid for with Bitcoins or any other cryptocurrency. Paper money will be obsolete in the future hence we must move to another medium of payment, which will be electronic currency.

i am sure for that and its only the time will give the answer. i hope the other school in that area will be following that school and later the school from other country will follow too and together, bitcoin will be adopt by more people.

its a good news for us that using bitcoin in online.

One day can mean 1000 years, until there we can see a lot of other ways of payment, like wallets implanted on your body.

However I want to know how many people spend bitcoin in this school, I bet on zero.

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November 18, 2016, 09:44:15 AM
 #105

wow school from Asian accepting bitcoin, its a welcome and good news!!! Am happy to hear this...though we look to more schools accepting bitcoin!!!!!!!!!!!!
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November 18, 2016, 10:54:13 AM
 #106

That's another good news for bitcoin. Even if just a small portion of the Indian population starts to use bitcoin, that's already a huge step for mass adoption. With that school soon to accept bitcoin as tuition fee payment, we can expect other institutions to follow if that turns out to be a success for that school.
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November 18, 2016, 11:17:08 AM
 #107

This is a great news! It just shows how a lot of people now are embracing bitcoins. I just hope that here in ny contry will soon have schools or any establishments and institutions that will accept bitcoin. More great news for bitcoin is yet to come!
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November 18, 2016, 11:19:14 AM
 #108

This school is an amazing school. LOL. I hope a lot more establishment would adopt bitcoin as a payment method.
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November 18, 2016, 11:27:28 AM
 #109

Interesting enough for India to take some lead now.
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November 20, 2016, 07:47:40 PM
 #110

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Dharwad International School in Karnataka is the first school offering a facility of Bitcoins for their annual fees. The population of 1.25 billion, is set to overtake China’s by 2022 – and India’s remittance industry is calculated at a massive $50-70 billion. Experts are touting India as home of the next Bitcoin boom.

Didn't know that earlier, do other schools also accept bitcoins ?

Edit : link to article : http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=Buying-with-bitcoins-31082015010046

That is most definitely one of the best ideas I have ever heard. Mix bitcoin with education. Spread awareness bery quickly among students then the student tell their parents so that is a good way to spread knowledge and ise of bitcoin in a practical and useful way. I hope many more schools will soon follow and it becomes a trend.
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November 21, 2016, 11:12:17 AM
 #111

wow school from Asian accepting bitcoin, its a welcome and good news!!! Am happy to hear this...though we look to more schools accepting bitcoin!!!!!!!!!!!!

The Bitcoin craze has made its way to the educational system. This is a great news! Acceptance of bitcoins is very helpful, mix of education and bitcoins was a great idea.
“Allowing bitcoin to be used to pay for a education decreases the problem in education while simultaneously allowing students to be a part of this exciting new technology,”
“The intention of this initiative is to ease transmission difficulties for certain students and to build our own practical knowledge about this field, not to engage in currency speculation,”
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November 21, 2016, 11:20:29 AM
 #112

Quote
Merchants can instantly convert the bitcoins received into Indian rupees in their bank account,“
  Wink


 Cool
well there's nothing wrong with it, the school will eventually need to convert the bitcoin to local fiat, so why not just convert it directly to fiat for every bitcoin received,though at the end the function will be the same,students spending bitcoin to fulfill their education needs

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November 21, 2016, 11:34:12 AM
 #113

We have also the same feature like that in our country but in a different way. It's not a direct payment to a school but can be done by using local exchange services.

One of the local exchanges here in our country has a service of using our bitcoin in paying bills payment and that includes tuition fees in selected popular universities here. Right now only 3 universities is on the list and IIRC since the commencement of operations of this local exchange, no additional universities has been added since then.

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November 21, 2016, 12:32:15 PM
 #114

Wonderful and amazing, i hope this can effect to other institutions to accept bitcoin, especially in my country that still banned bitcoin.
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November 21, 2016, 01:02:34 PM
 #115

This is an awesome thing. a school will attract a lot of users bitcoin. each student may someday be required to have bitcoin wallet for a monthly fee. it is a dream in the future. bitcoin developments will occur if all of this a reality.
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November 21, 2016, 01:03:37 PM
 #116

Wonderful and amazing, i hope this can effect to other institutions to accept bitcoin, especially in my country that still banned bitcoin.
Your government will soon unban bitcoin if they know big countries are talking step forward to adopt in the crypto world, what we have seen is already a good example that bitcoin is the future as people are slowly adopting and now it's and institution which is big.

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November 21, 2016, 01:41:22 PM
 #117

This is an awesome thing. a school will attract a lot of users bitcoin. each student may someday be required to have bitcoin wallet for a monthly fee. it is a dream in the future. bitcoin developments will occur if all of this a reality.

Yes surely this is an awesome adoption that a school is already accepting bitcoins. For sure if other nearby schools located will see this and thinks that this is attractive for the people to educate their children to this school. And this is one of the things why because bitcoins price is now increasing. I hope this will make the adoption even faster.

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Skarner21
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November 21, 2016, 03:03:02 PM
 #118

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This is interesting article looks like some countries right now are starting to use and spreading it in some schools.
But according to the article they are just using bitcoin for mode or alternative payment in india.
I heard few days ago about the crisis in india using atm.. but i think this is just a theory that credit cards will gone and use on bitcoin for mode of payment..

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November 21, 2016, 03:36:55 PM
 #119

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Dharwad International School in Karnataka is the first school offering a facility of Bitcoins for their annual fees. The population of 1.25 billion, is set to overtake China’s by 2022 – and India’s remittance industry is calculated at a massive $50-70 billion. Experts are touting India as home of the next Bitcoin boom.

Didn't know that earlier, do other schools also accept bitcoins ?

Edit : link to article : http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=Buying-with-bitcoins-31082015010046
so cool , in here looked that bitcoin is don't know of age. student can learn too
it is good for development and progress of bitcoin

 
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November 21, 2016, 04:51:20 PM
 #120

   I had read about universities in Cyprus and Canada, but for schools is different. Always one should be the pioneer. If this venture is success will be widely known and more schools follow in nearby future.
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