Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment?

[Latviand]

Then those parents who have bitcoin can now pay their child's tuition faster and easier. But the problem is that, limited number universities only have the guts to accept bitcoin as a payment tool for tuition. Not all institutions and universities are knowledgeable about it and they don't know how it works and regulated. It is really hard to engaged on something that you have no idea about and I'm glad that there are still those who are brave enough to explore cryptocurrency and blockchain technology for the sake of quality education.

[Gotumoot]

At least they don't have to go out and stay in line anymore.
I think they started to accept it due to the virus to help everyone stop the virus to avoid physical contact.
I am happy about the news and I think it is only the beginning of it more school would soon accept it too.

[ololajulo]

My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018.

[carlisle1]

Looks like the adoption is slowly taking because according to the OP it was 2013 when the university stared adopting Bitcoin?
Yet the flow is nearly 1 university a year because since 2013 there is only 5 that accepts this as payment.

But of course it is more better than nothing and also while Blockchain is being introduced to the student meaning in the next 10-20 years these student will be the Best way of this community to finally be Welcomed in all areas of businesses because for sure that those student will have their own areas in which Blockchain and crypto will be introduced and pursue.

[pankowri]

Wow, that's great news. This is a satisfactory initiative. Students who operate in Bitcoin will be eligible to submit it directly as payment. The system will come to be straightforward. Bitcoin is deliberately being approved by everyone and is being recognized by various countries nowadays. Furthermore, several schools are putting up with Bitcoin as a subject. Across-the-board this endeavor is commendable and effective.

[ChrisPop]

Universities are a great bridge to inspire the spirit of cryptocurrencies to the young generation. I'm sure that this trend will continue as the adoption levels raise in other areas as well. Coffee shops are best to spread the word and set an example in my opinion.

[AmoreJaz]

Looks like the adoption is slowly taking because according to the OP it was 2013 when the university stared adopting Bitcoin?
Yet the flow is nearly 1 university a year because since 2013 there is only 5 that accepts this as payment.

But of course it is more better than nothing and also while Blockchain is being introduced to the student meaning in the next 10-20 years these student will be the Best way of this community to finally be Welcomed in all areas of businesses because for sure that those student will have their own areas in which Blockchain and crypto will be introduced and pursue.

yes, didnt know that some are already accepting btc long time ago. but yeah, it seemed slow for adoption or maybe we are still missing some schools in the list?
i found few of them that are not in OP's list. but i believe, this year 2020, there are additional ones that maybe has not published yet in the media. and because of this pandemic, more then likely some countries which has legal outlook towards bitcoin will encourage their schools and universities to add crypto as part of their payment option

FPT University in Vietnam = the article was 3 years ago
The Montessori Schools, New York City (since June 2017)
La Salle Greenhills, Miriam College, Univ of San Jose Recoletos, Philippines= article posted in Aug 2018

[Wawa2013]

This is great news, because it can make Bitcoin useful. Hopefully, the number of universities that accept Bitcoin continues
to increase for tuition payments. This also provides an opportunity for those who earn from Bitcoin, can directly use the Bitcoin
they have without the need to cashout first. It is also very helpful for increasing people's awareness of Bitcoin.

[BIT-BENDER]

At least they don't have to go out and stay in line anymore.
I think they started to accept it due to the virus to help everyone stop the virus to avoid physical contact.
I am happy about the news and I think it is only the beginning of it more school would soon accept it too.

It depends on the country in which the institution is for students to stand in queue to pay school/tuition fee, they can do that using a transfer of fiat to institutions account, and the pandemic is no reason why those institution accepts Bitcoin, they evolved, they saw it a good addition to the school/tuitions fee mode of payment, they should not explain that, or need a bad situation to come before accepting Bitcoin.

[wxa7115]

The whole adoption we have been seeking is gradually gaining the mainstream attention, educational institutions, financial institutions. What more do we need? It is left for governments of several countries to lower their pride and decentralize their economies; by leveraging on the growing of the digital freedom. Bitcoin isn't just a coin, it is an economy to reckon on.

Sorry to break this to you but that is going to be the last step in the road to gain worldwide adoption for bitcoin and other cryptocurrencies, governments are not going to willingly relinquish the power they have obtained through centuries of deceiving people, they are going to resist to the very end any effort by their population to let go of the control they have over them.

This is why adoption seems to be moving so slowly even if the value of bitcoin is skyrocketing, at first governments tried to ban it and to discourage its use but once they saw they could not do that then they tried to regulate it as much as they could and once they realized that they cannot do that either most likely they are going to try to ban it again, and only once they fail on those measures they will recognize that they have no option but to adopt it.

[Casdinyard]

My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018.

It would sound weird if they would stop accepting such mode of payment once bull market is over.They should more adjust the amount if ever market price will again fall than to make a sudden stop to a mode of payment wherein in the first place they are the ones to make that offer. But that's indeed a good question, will it sustain the financial needs of the school? 'coz probably they won' t use Bitcoin to pay for services when the price is low, unless the owner of the school is mad rich that he will be able to provide money in order to Bitcoins of the school to not be used and to be held until the market price again become bullish, if a downfall occur in this market.

If this one's true, then it would really be a huge step towards acceptance of this technology.

[Lordhermes]

My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018.

There is a possibility that the payment of tuition fee with bitcoin in colleges and universities will bring out problems, there would be an unfair different amount paid by each student depending on the state of the market, this probably will cause confusion and arguments between students and staff,. So the only solution to this is to make use of stable coin for payment of tuition fee. Irrespective of the market status, stable coin like usdt will be good n transacting with that.

[TedMosby]

This is a good news for the crypto adoption on a mainstream sector. But I am not sure if using bitcoin is a good choice to pay tuition payment. Because bitcoin become an asset now. That is something that you expect to grow.

“Di you know that I paid 4 million usd for my degree?”
“How come?”
“I used bitcoin back then”

This could be the dialogue for the future. 

[globalcitizen]

As the link that you have posted, some universities have been accepting bitcoin as payment way before this bull run in 2020, so yeah it's closer to mainstream adoption as you can get. And there could be more universities that we are not aware that started as well, in 2018-2019. And maybe you can add this one to the list,

https://news.bitcoin.com/french-university-accepts-fees-in-bitcoin-for-blockchain-technology-courses/

Awesome. Thank you @cryptomaniac_xxx  for this update. That's exactly what I wanted. I know there are many more institutions that are already accepting bitcoin for tuition and fees that we need to include in the list. I will update the post with this latest addition while I expect the list to keep coming.

[globalcitizen]

really meaning Some university are almost part of early adopters?as they have accepted Bitcoin since 2013,2014 and 2017?

SOrry but i think i missed that part of crypto history.

It's always been so proud if Thread like this was being created because this boost my trust and longing to Have more bitcoin that i have now.

Yes, those universities were part of early adopters and they are still strongly connected to bitcoin and blockchain development. Particularly, University of Nicosia in particular, popularly acclaimed the first university to adopt still maintains its stronghold on the cryptospace by starting the first MS in Digital Currency program and sponsoring an annual cryptocurrency gathering before pandemic struck. It's a great history and inspiring one for that matter. I'm so proud of where we are going in this ecosystem.

[erikoy]

They are only doing their business and that accepting bitcoin as an option of payment could be mean nothing and are just part of business. In the end if we ca  see the transaction then definitely we can see transaction like btc-btc directly fiat value in which probably most establishment who accept btc will going to accept it to after receiving it another platform will be used to convert btc to fiat. Of course, if you are a business owner and wanted to get clear or net profit then you shoulf a stable currency which is more likely the fiat unless also tge teachers wanted to receive salary as btc but the value should not be pegged to stable currency and that means that the teacher salary will not be fixed and will depend on the btc market value and that would be complicated.

[globalcitizen]

The university's movements to accept bitcoin for tuition payment is a great step in the education world. If that can integrate without any problem, the other universities will follow this step. We need more universities to accept bitcoin to be used for education or in schools and universities. We know that the young generation is now aware of the new technology. Maybe sooner or later, we will see that the university has a lesson about crypto to attract more young people to studied more about crypto. The popularity of bitcoin to young people will also increase because they will learn how to use bitcoin before using bitcoin to pay their tuition.

I agree with you totally. We need many more universities to adopt this innovative technology that gave birth to bitcoin and also accept bitcoin itself as a mode of payment for most of their programs and services. It will be the most popular to spread the message of bitcoin to the young generation since many young people are tied to these institutions. I'm happy that progress is being made with these ones that are already in.

Also, I can say that many universities are already offering courses and programs on blockchain, cryptocurrencies, bitcoin, and FinTech and this I believe will increase the popularity of bitcoin and cryptocurrencies in years to come, especially, as many more institutions introduce more of such programs and course. We will get there soon.

[Wisbrown]

Bitcoin as be come the hope of future, now that universities are  taking it, as a tuition payment. so, there is an assurance of making higher profit when invest.

This is great news, because it can make Bitcoin useful. Hopefully, the number of universities that accept Bitcoin continues
to increase for tuition payments. This also provides an opportunity for those who earn from Bitcoin, can directly use the Bitcoin
they have without the need to cashout first. It is also very helpful for increasing people's awareness of Bitcoin.

I remember the long lines and time effort in lining to pay. It's indeed a good idea to do transactions. This will create also transparency in their accounts too as crypto is decentralized and they can see whether how much money the school accumulated.

[Innerpumper]

I hope it will be used as the standard of universities around the world, seeing the development of bitcoin and its technology that is blockchain is quite good in developing the financial industry. It is also likely that bitcoin will be applied in all payment methods and banks as well as taxation in the next 5 years.

[AicecreaME]

I guarantee you that those universities OP had mentioned for sure have a good educational system. Understanding how complicated yet have a of benefits Bitcoin have is a very applaudable matter, especially if it is a university. Bitcoin adaptation may be slowly progressing as we are approaching the future of the technology but soon we could have that cashless society which I find cool and convenient. By accepting Bitcoin as a payment for tuition, those universities would indeed going to have a bright future ahead, especially whenever Bitcoin makes an ATH.