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Author Topic: Bitcoin in Economics class?  (Read 7779 times)
Dudeperfect
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July 25, 2017, 04:49:56 AM
 #121

I don't have any idea if they do talk about Bitcoin or not but yes, there are some seminars conducted by the Institute of Charted Accountants India (Public Accountants) and they discuss it. Even though I wanted but couldn't attend this seminar, I am sure there must be some productive discussion happened in such seminar.

(old one) * Seminar on From Barter to Bitcoin.

I think it's far early to include Bitcoin in regular study syllabus for Economic but they should do it for IT syllabus.
Rajamuda
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July 25, 2017, 05:28:07 AM
 #122

Bitcoin, though originated in the freedom movement and offering a completely different concept to the traditional system, still can not distance itself from the nature and character of the world economy today. And it has been proven that bitcoin is a boost to world economic. Like as such can be used for production, distribution, and consumption of goods.
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July 25, 2017, 10:51:03 AM
 #123



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

i think they don't because not all people know about bitcoin and they need more explain before they are understand what is bitcoin and how to use bitcoin. i think in future we can see this is happen and bitcoin is not just for economic class like we've seen before. bitcoin is for every people who wants to make real money from doing many things with bitcoin.
i dont have bitcoin discussion in my economics class.i think this bitcoin is not being publish at this point of time.but every bitcoiners is always hoping that it will be included in a set to help everybody regenerate thier income.make some etra work througt it.to gain more profit.so that everybody can provide thier needs..
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July 25, 2017, 10:58:04 AM
 #124

I had some economics classes, both macro and micro economics at university and general economics at highschool and I  could tell you that you don't need to take bitcoin as separate entity of money. The same economic
principles applies to fiat money and cryptocurrency together. The thing that could be taught in classes is blockchain as data structure and maybe some consensus algorithms analysis in maths and computer science.

Boov
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July 25, 2017, 11:03:57 AM
 #125



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

It depends. Econimics is a ver broad topic and maybe at some point, bitcoin could be discussed. Ive studied business course and we have econ subjects. We didnt tackle bitcoin specifically but has touched e-commerce and how it changes and affects the economy. Business and ECON is also dynamic. Its rules and factors change over time and have to be always updated. So, maybe by this time, e-cash, digital goods, e-trading, and cryptocurrencies were being discused in some universities but not in a verry detailed manner. If one wish to learn more about bitcoin, its usually self-taught throuh forums such as this, videos, websites or actually trading. Maybe in the future,colleges and universities might consider adding cryptocurencies trading in their prospectus.
AjithBtc
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July 25, 2017, 11:30:02 AM
 #126

Once after the big whales, the economic class people were the one who holds good volume of bitcoin to move to the next level of living standard. For the same lots of users have invested small amounts affordable to make a profit in the future. The current scenario is good mainly for the rich people.

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July 25, 2017, 11:31:43 AM
 #127

I had some economics classes, both macro and micro economics at university and general economics at highschool and I  could tell you that you don't need to take bitcoin as separate entity of money. The same economic
principles applies to fiat money and cryptocurrency together. The thing that could be taught in classes is blockchain as data structure and maybe some consensus algorithms analysis in maths and computer science.
It is not about similarities about standard monetary systems and cryptocurrency, of course, that basic principles of currency won't change drastically.
But the fact that bitcoin is being omitted and treated like 'flavour of the month' kind of thing which will won't survive in the long run is kinda sad.
I guess we still need more time to get rid of conventional thinking and uncertainty surrounding bitcoin inception.
Pakboy
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July 25, 2017, 11:56:31 AM
 #128



Do you think they are talking about bitcoin in your basic ECON class?
I think it can be and I think also that many universities and school are now teaching about the bitcoin. I know it is good and many people are getting aware to what is the bitcoin.

chiller
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July 25, 2017, 01:20:06 PM
 #129

I had some economics classes, both macro and micro economics at university and general economics at highschool and I  could tell you that you don't need to take bitcoin as separate entity of money. The same economic
principles applies to fiat money and cryptocurrency together. The thing that could be taught in classes is blockchain as data structure and maybe some consensus algorithms analysis in maths and computer science.
It is not about similarities about standard monetary systems and cryptocurrency, of course, that basic principles of currency won't change drastically.
But the fact that bitcoin is being omitted and treated like 'flavour of the month' kind of thing which will won't survive in the long run is kinda sad.
I guess we still need more time to get rid of conventional thinking and uncertainty surrounding bitcoin inception.

In the classes I took there were this notion of abstract "money" (not dollars, euros or bitcoin). I don't think there are any of the economics class n the world which talks about some currency or group of currencies in a direct way. What I wanted to say it's that the same principles of money  applies to all currencies whether fiat or crypto.

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July 25, 2017, 01:49:27 PM
 #130

I don't have any idea if they do talk about Bitcoin or not but yes, there are some seminars conducted by the Institute of Charted Accountants India (Public Accountants) and they discuss it. Even though I wanted but couldn't attend this seminar, I am sure there must be some productive discussion happened in such seminar.

(old one) * Seminar on From Barter to Bitcoin.

I think it's far early to include Bitcoin in regular study syllabus for Economic but they should do it for IT syllabus.

Bitcoin and blockchain technology are good things to learn about for everyone who care about currency or world economics development, especially in economics class. I've heard some of my friends learn about bitcoin but just as online currency, not even enough I thought.
And there are several colleges which added Blockchain technology as a part of their curriculum such as University of Nicosia and European School of Management and Technology (ESMT), where students could pay for tuition using bitcoin as well.
https://cointelegraph.com/news/wanna-go-to-college-with-bitcoin
zarados
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July 25, 2017, 02:40:45 PM
 #131

In my area of residence, very rare people who know bitcoin, I have never thought that here will be any lesson about bitcoin, even in economy class. I think it takes an experienced lecturer in the field of crypto to simply introduce people about crypto, because it will entice people enthusiastically to ask further questions.
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July 25, 2017, 02:48:36 PM
 #132



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

Undoubtedly BTC has come up many times in many economic classes. Hilariously, I'd say the professors explanations are more than lacking although.

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July 25, 2017, 02:58:43 PM
 #133



Do you think they are talking about bitcoin in your basic ECON class?
In Economic class in my country? I don't think so. I guess they are still discussing about the history of economics, like its pioneers and all and also about the theories of economics. I guess it will be a good thing to include a topic in bitcoin in every economic class like they will be taught how to analyze market charts of the cryptocurrencies and other different things that could be helpful in knowing about bitcoin.
aoihs00
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July 26, 2017, 04:36:01 AM
 #134





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

In Economic 101 we didn’t talk about economics, enough said, so it is really doubtful that students think of economics when they talk about bitcoins especially since governments don’ t want to promote bitcoins.




Government is not always there regulate what should be taught in the class and what not. If the students (majority) are willing to learn about something within class then government can't do anything but to release the subjects in curricula. Learning bitcoin would be more beneficial as it will create a whole new branch of economics. There are many schools who are already into IT sector teaching about blockchain technology and management of bitcoins. Hope to see some more positive talk about bitcoin in the class.

Dudeperfect
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July 26, 2017, 05:33:34 AM
 #135

I don't have any idea if they do talk about Bitcoin or not but yes, there are some seminars conducted by the Institute of Charted Accountants India (Public Accountants) and they discuss it. Even though I wanted but couldn't attend this seminar, I am sure there must be some productive discussion happened in such seminar.

(old one) * Seminar on From Barter to Bitcoin.

I think it's far early to include Bitcoin in regular study syllabus for Economic but they should do it for IT syllabus.

Bitcoin and blockchain technology are good things to learn about for everyone who care about currency or world economics development, especially in economics class. I've heard some of my friends learn about bitcoin but just as online currency, not even enough I thought.
And there are several colleges which added Blockchain technology as a part of their curriculum such as University of Nicosia and European School of Management and Technology (ESMT), where students could pay for tuition using bitcoin as well.
https://cointelegraph.com/news/wanna-go-to-college-with-bitcoin

That's a great news. I am sure in next few years we will see Bitcoin as a payment method in academic sector too as millennials are the one who will adopt this technology with the fastest rate as compared to the others. Yesterday I bought e-learning classes for myself and paid with net banking, the person from seller's Institute called me for confirmation as I told him that why don't you consider Bitcoin as a payment method? I also recommend him bitpay to try and he was interested in this payment route as it is less costly for his institute.
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July 26, 2017, 07:51:52 AM
 #136

What will happen if the bitcoin in the economy class is whether the students are getting better, I think bitcoin will be better if it is in economy class.
wildflower18
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July 26, 2017, 07:57:18 AM
 #137

In my area of residence, very rare people who know bitcoin, I have never thought that here will be any lesson about bitcoin, even in economy class. I think it takes an experienced lecturer in the field of crypto to simply introduce people about crypto, because it will entice people enthusiastically to ask further questions.
Even here in my country its quite about bitcoin and not that talked about most. In any universities only about history and present economy are being taught in the class. I never heard bitcoin/cryptocurrency are being introduce though. Well its a good idea atleast any information will be told in the lesson about bitcoin.

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July 26, 2017, 11:18:15 AM
 #138

I believe that training bitcoin will be very useful for many people, because it is not always easy to understand all the terms and methods of using crypto currency. This will increase confidence in new developments.

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July 27, 2017, 08:03:13 AM
 #139



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

     In my subject economics, we did not talk about bitcoin and I do not know why, maybe it is not included in our syllabus, but there has a subject of mine that we tackle about bitcoin and for me it is a interesting topic because I really want to know more about bitcoin and what is the opinion of other people or older than me about this kind of crytocurrency that is trending in world of investing.

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July 27, 2017, 08:18:20 AM
 #140



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

No, bitcoin is not a legal currency in my country, so when it comes to economics, no one talks about bitcoin, there are very few bitcoins in my country. And of course, it was not mentioned in my class.

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