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Author Topic: Schools Are Officially Accepting Bitcoin for Tuition  (Read 6530 times)
burakdat
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July 15, 2018, 02:00:20 PM
 #881

This is very rare to have a school that will accept bitcoin as a form of payment. As we all know that bitcoin is not for payments but it could also be because bitcoin has fiat money value and that is why bitcoin could be used in payment scheme. However, more common about bitcoin is that bitcoin is used for savings and investing in low amount of bitcoin market price and selling it when bitcoin market price goes higher.

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coinholic
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July 15, 2018, 02:08:14 PM
 #882

Universities are embracing accepting bitcoin for tuition, with Lucerne University of Applied Sciences and Arts in Switzerland the latest school to adopt. If anything, it's another clear sign the cryptocurrency is here to stay.

https://futurism.com/schools-accepting-bitcoin-tuition/

Even so... Bitcoin has been used to buy homes, and countries like Venezuela and Vietnam are beginning to truly embrace the currency. Now, certain universities are adopting the payment method of bitcoin for tuition, albeit with a few caveats.
This is a clear indication that more and more countries are now embracing the existence of Bitcoin and are starting to understand its purpose and role in changing the world's economies. Who knows what more is in store for Bitcoin in the coming years.

Alex_He
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July 15, 2018, 02:10:14 PM
 #883

Yep, this is a great news not only for the crypto enthusiasts but for students and parents as well. Accepting Bitcoin in Universities makes Bitcoin awareness to students and this will make the younger generation to know and learn about it. The young generation in turn will use Bitcoin and crypto currency post their education I believe.
ranman09
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July 15, 2018, 02:13:37 PM
 #884

In my Country, Those schools that is accepting bitcoin for school fees are those school that is so very expensive.
I think They pay 1000 Peso Per unit so almost Million of a semester.

But, in other Point it is good Also. Still hoping That Bitcoin will be accepted to any kinds of merchants. not just only in schools

From what country is this? Can share with us? Peso I think can be Philippines or Mexico?

Plus, based on your computation are you saying they have 1000 units per semester? Isn't way too much or even unreal.
Chooroz
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July 15, 2018, 02:38:51 PM
Last edit: July 15, 2018, 03:35:48 PM by Chooroz
 #885

This is a very great news for everyone, especially members of this forum and crypto lovers. For the school authorities to consider Bitcoin as a means of tuition payment gets to show that Bitcoin has really gone very far in its progress of been a major means of payment and tradings.
I heard about that before and its actually a good thing. The paymet of tuition or the transactions will be much easier than before. Also It is the first step to discuss bitcoin to those students that has no background about btc, discuss to them the history of bitcoin, and how it works. Maybe It can be their sideline, earning money while studying is better. But still hoping all the Universities around the world especially here in my country will accept bitcoin as payment for tuition for easy transaction.

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MuffinMaster
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July 15, 2018, 02:56:38 PM
 #886

and with every year amount of schools and countries will be bigger and bigger, for me in next 5 years crypto will be used in some part of world at the same level as cash or even bigger.

Jay51
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July 15, 2018, 03:14:43 PM
 #887

If schools officially accept Bitcoin for tuition, it is a great welcome development. This means more acceptability. The Academic world is beginning to accept.
Cowming88
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July 15, 2018, 03:15:42 PM
 #888

Well, that is nice to know, and hope that this is also available in our country, whereas students who earn bitcoin and/or invest on bitcoin  is also take it for granted that holding a bitcoin can also help them in the tuition too.
deepakg2m
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July 15, 2018, 03:35:06 PM
 #889

There is one such question that too I read is "MacDonald is accepting BTC in Return Of their Burger 🍔 " and now the schools, all these questions are nothing but the mile stones of cryptocurrency that BTC has established and also signifies the economic status of BTC in the coming future. So one should keep in mind that in the future BTC would be indulge in all those activities in which paper currency is now been used, before investing into the BTC and yes all the public and private facilities are going to accept BTC in the future.

I agree with you on the fact that BITCOIN is going to be acceptable in the coming future. But no matter what there will always be some places where only paper currency will be acceptable, like little shops in colonies, fruit and vegetable sellers, etc.

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mr.nby
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July 15, 2018, 03:50:40 PM
 #890

If schools officially accept Bitcoin for tuition, it is a great welcome development. This means more acceptability. The Academic world is beginning to accept.

I think that we have to wait if the number of schools will increase. If so, it will definitely have a positive impact on popularizing payments with cryptocurrencies. If there are few such initiatives, unfortunately the effects will be negligible.
chenczane
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July 15, 2018, 03:54:25 PM
 #891

I am hoping my country do it also. Accept bitcoin as payment when it comes to tuition fees and any school fee. I don't directly pay my bitcoin. I convert it first to our currency then pay it to the school.
karman383
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July 15, 2018, 04:01:27 PM
 #892

That is good news of course, but you need to know the Swiss State is a haven for students who want to study there because the country free of charge for students. My sister is a student in swiss country.
asbak66
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July 15, 2018, 04:02:25 PM
 #893

Very great news actually because im absolutely trust with the future of bitcoin and cryptocurrency
It can change our future on many ways because it have very great to applied

Sihab76
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July 15, 2018, 04:03:34 PM
 #894

I don't find any countries where schools, colleges University allow chapter or lessons about currency and crypto or any others virtual currency exchange.
Ar Rahman
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July 15, 2018, 04:04:22 PM
 #895

this is very good news for the world of education, and a good start for bitcoin has been received in schools who also want to introduce bitcoin to their students, and I am sure it is very helpful for parents because it simplifies their school payment, and is good for students so they also know about the world of blockchain or cryptocurensy.
MbakNarti
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July 15, 2018, 04:10:09 PM
 #896

Well there are many private schools that are not paid with taxes. English schools in Spain for example have been using bitcoin since 2015. https://www.cryptoglue.com/2015/07/22/first-english-school-in-spain-to-accept-bitcoin/ and perhaps it also helps students to understand bitcoin even further

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July 15, 2018, 04:11:30 PM
 #897

Several members of the Futurism team, including the editors of this piece, are personal investors in a number of cryptocurrency markets. Their personal investment perspectives have no impact on editorial content.
Pr3ko
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July 15, 2018, 04:13:08 PM
 #898

This is a very good initiative as it would help educate people about cryptocurrencies and also help curb the negative remarks that most people have about bitcoin. With this in motion many people would come to learn about cryptocurrencies so that it can finally be legalized someday.
Chachen19
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July 15, 2018, 04:19:08 PM
 #899

At present there are a number of schools that have accepted tuition fees by using bitcoin which is well worth the time we are glad to motivate students to pay tuition by studying coin and creating Bitcoin as well as earn them to trade
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July 15, 2018, 04:23:34 PM
 #900

Is that true? if true then it will make bitcoin become more popular again. This will make students know more about bitcoin. And this will help the students of course. Because bitcoin can grow among students.

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