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Author Topic: Bitcoin in Economics class?  (Read 7779 times)
Sled
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July 06, 2017, 11:07:37 AM
 #41

Discussing bitcoin in an economic class will be a great discussion for sure because the students or the current bitcoin users like students will fully understand what is bitcoin and what are the good things about bitcoin which is very important to know and not to appreciate the price of bitcoin only. Bitcoin is one of the mainstream type of currency in the internet and for sure it is a healthy topic to discuss if you are in an economic class.
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July 06, 2017, 11:16:24 AM
 #42

There is a Msc course completely about Cryptocurrencies offered at: https://digitalcurrency.unic.ac.cy/ I'm not sure about how great it is, but it's a start. I noticed that top schools like MIT and Stanford are offering courses too or seminars on the blockchain technology. Anyone that has attended those would be great to give us his/her insights.
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July 06, 2017, 11:32:47 AM
 #43

I dont think they wont talk about btcoin in basic economics class because bitcoin is not too famous yet and bitcoin hasnt been too much influenced the world economics, maybe in next 5 or 10 years when bitcoin gained more popularity, bitcoin will be mentioned in basic economics class
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July 06, 2017, 12:27:08 PM
 #44

I think bitcoin should be input in economy class even though for now not many people know what bitcoin is, but in the all-time era using this technology over time when everyone will know what bitcoin is so from now we also need to tell Everyone that bitcoin in the upcoming economy class is bound to become a very important subject

 
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July 06, 2017, 12:32:22 PM
 #45

I dont think they wont talk about btcoin in basic economics class because bitcoin is not too famous yet and bitcoin hasnt been too much influenced the world economics, maybe in next 5 or 10 years when bitcoin gained more popularity, bitcoin will be mentioned in basic economics class
I agree with you because right now bitcoin ain't mentioned in a basic economics class unless when the course where economics class is being held are tech related. I think that even now school with economics classes might mention bitcoin in the whole school year at least once and has been already mentioned in some economics class somewhere.
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July 06, 2017, 12:34:36 PM
 #46

I dont think they wont talk about btcoin in basic economics class because bitcoin is not too famous yet and bitcoin hasnt been too much influenced the world economics, maybe in next 5 or 10 years when bitcoin gained more popularity, bitcoin will be mentioned in basic economics class
Not sure if it has anything to do with Bitcoin not being famous enough.

Teachers have a set of goals they have to reach at the end of the year, something that's decided on a federal level.
It's going to take a pretty long time before someone decides to add Bitcoin to that.

But I'm sure that there are a few teachers who have and will mention it during classes, perhaps because the students themselves ask about it.

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July 06, 2017, 12:36:31 PM
 #47

I already finished my college degree and at that time bitcoin is born. I can't remember it was mentioned in the class. Nowadays bitcoin is getting more and more attention although not yet mainstream.

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July 06, 2017, 01:40:37 PM
 #48

Discussing bitcoin in an economic class will be a great discussion for sure because the students or the current bitcoin users like students will fully understand what is bitcoin and what are the good things about bitcoin which is very important to know and not to appreciate the price of bitcoin only. Bitcoin is one of the mainstream type of currency in the internet and for sure it is a healthy topic to discuss if you are in an economic class.

The discussion about bitcoin in the classroom is a good topic for the student in the class because it's very interesting due to it's unique compared from fiat system economy. Not all people have this knowledge all about digital currency and most of them only knows one spending method is a paper money payment system. This will help bitcoin to gain more transparency to students who put an interest about it and they can use their understandings in the future of digital wealth, which bitcoin will be used as their invesrments to be hold in their wallet and sell btc to gain good profit.
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July 06, 2017, 02:06:19 PM
 #49

Bitcoin is still not opened to public, as it should be to be studied in Economy class. It could be that it will appear in future, but not today Smiley

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July 06, 2017, 02:11:25 PM
 #50

i think thats a good idea. because btc will also teach them the basic of economics. the demand and supply, the law of diminishing marginal returns and others. and this would help students to have an early peek on trading stocks and crytocurrencies! this is a good and exciting subject in college!

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July 06, 2017, 03:27:38 PM
 #51

Well it's depend on country's policy to accept bitcoin topic on every school and/ college
If bitcoin become a fundamental for some country , it's may possible to happen otherwise it's difficult for my country to accept bitcoin in my college

Smiley
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July 06, 2017, 03:44:51 PM
 #52

Schools are always teaching programme which is approved by the government. If you know that the government does not recognize the crypto currency. Why then include it in the curriculum. But this is not a problem. If a person is interested in this you will always find information on the Internet.
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July 06, 2017, 03:54:43 PM
 #53

It would be good tho. Im actually hoping that there would be a bitcoin discussion in our economic class. I wanna know more about it and I wanna really tackle this topic really much because I'm really into it. I think it would be exciting if they would add this in the course outline. It sounds fun and exciting.

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July 06, 2017, 05:15:04 PM
 #54

As a student of economics, I want to say that economics is everywhere. In our daily life, Economics can define our activities by its own language. Bitcoin is also included in this class. Demand and supply of Bitcoin can measure of its price so doing business with Bitcoin you need to know the basic of Economics...
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July 06, 2017, 05:29:02 PM
 #55

Did you really think it would take that long? Some of the top business schools i the world (Stanford from US, Amsterdam Business School are two) are already offering courses related to Bitcoin, blockhain and crypto. If you liked the author of Mastering Bitcoin and The Internet of Money, he teaches a crypto course in Cyprus for  MSc in Digital Currency students.

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July 06, 2017, 05:37:34 PM
 #56



Do you think they are talking about bitcoin in your basic ECON class?
This is still a real fact in nieghbourhood of community and also most of the person don't know about the Bitcoin at all because they have the habit to use only traditional  money and they also don't want to go for the digital payment because they are thinking that digital ways of payment and using own money is not perfect way .
So due to this reason there are only 1-2 person in my community who knows about Bitcoin but still they don't want use it because they are having question of legality and safety whether it is safe or not , but I think they can't get trusted until they will use it .
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July 06, 2017, 06:01:28 PM
 #57

Haha, will they really take it seriously? May be everyone in the class will know bitcointalk forum already and will take the references from here to solve up the internal exams when it will come to bitcoin economic class in reality. I don't think they are being implemented right now but there is huge possibility as it is becoming real hot topic now a days. Bitcoin is in the news and prime ministers are talking about it in their speeches like in India. Who knows what will happen but bitcoin is great revolution really. :-)
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July 06, 2017, 06:07:32 PM
 #58



Do you think they are talking about bitcoin in your basic ECON class?

In other countries they might be talking about it but definitely not my country that I am very sure of because teaching about bitcoin in an economics class up to higher institutions will mean a review the curriculum which is not something that is being done in a short while considering the fact that discussions about bitcoin has not gotten to a high level here.
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July 06, 2017, 06:29:33 PM
 #59

Pretty much, from what I know of in my school some professors in the Economics Department are up to date not only in stocks, politics, and other investment but also are aware of Bitcoin. They always make it a lesson or an introduction what it is but has never invited one of their classes to invest in such thing as it is on their personal provision. Bitcoin as a technological advancement has successfully breached the boundaries of the classroom in which it made not only the professors award but also their students.
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July 06, 2017, 08:27:23 PM
 #60

I believe that the main reason for not having more cryptocurrency courses is simply because it's too new of a concept. There isn't enough  research done and as well as empirical data, something that the "traditional" research is based on. Professors etc do not have the ground and the decades of knowledge that other scientific disciplines do have. Keep in mind that in order for a course with fundamental  knowledge to be built it needs to have a backbone of theories examined through experiments, to have evidence of real life. As of now we are still not sure why Bitcoins show such a volatility. You can argue it's demand and supply. What exactly drives the demand is still to be examined. Anyways, I'm sure more courses will pop up apart from the usual introductory ones such as "what digital currency is?". There is a ton of info that surrounds this topic which makes it so interesting. From behavioral economics and basic economic laws, to programming and investing portfolio theories. The field is just so vast and has yet to be explored. Over and Out. Smiley
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