Bitcoin as Education Insurance

[Vannie12]

I suppose it's a marketing strategy to promote bitcoin among young students, because it really doesn't make a lot of difference if home tuition support is paid in fiat or bitcoin currency. I don't know what are the intentions behind this good action, but I think it's positive for bitcoin anyway. The more people talk about it, the better.
News like this make people's interest for bitcoin increase, what helps to raise demand, also boosting bitcoin price towards a new ATH that must happen before this year finishes yet.

I was wondering about this. I welcome actions like this that popularize Bitcoin, but if the amount they earn is going to go to pay tuition fees, I don't see the point, and I don't think the Universities where they study accept Bitcoin as payment. I would see more sense if the students could save at least part of what they give them for the future. But charging X amount that you have to exchange to USD to pay tuition fees doesn't make much sense to me.

Couldn't agree more. I think using bitcoin for tuition fee is a bit off. Solely just for advertisement. If an institution like school, does not have a proper storage for crypto or a system where they allocate funds in crypto, they probably won't have anything to do with it and might just take it as fiat so it can be used as like the rest of the funds. For such, they need the fund to circulate, they wouldn't store that for long because they would know that it is not stable.
I think it can be use somehow for education, but in other ways maybe.

[zaesvlas]

In fact, everyone can view Bitcoin as they see fit. I think that bitcoin is too dynamic and sometimes there is simply no time to learn

[RiskySanchez]

if one day bitcoin will become legal in various countries and circles.maybe I feel bitcoin will be an insurance for education that is so big it will play a role in the world of education in the future,because in the future bitcoin will have a lot so big that it can be insured for education and also health, then of course this will have a good impact on the world of education and certainly there will be no more people who do not receive an education that they can do in the future

Bitcoin as an insurance in general would be a good idea, the fact that the price inflates makes it beneficial for citizens since their insurance increases, Education insurance is great, Health insurance is also essential if Bitcoin were to be integrated as insurance for one's country.

which means bitcoin has no boundaries and can enter all sectors including insurance which has a positive impact, it only takes time for bitcoin to improve the economic sector in each country with an integrated blockchain system

[YOSHIE]

bitcoin is an asset, which has value in fiat form, my assumption is that Bitcoin can not only be used as insurance, Student fee programs for those who excel both domestically and internationally can also be used as a means of education, Bitcoin is the best alternative.

For me, Bitcoin if you look at the development of today's era, to be made into health insurance, education, etc., it's time and it's time for that.

[Alen098]

I think it's everything including for Educational premises, daily life, personal life value.... It's working as a fair salary of income.... I still remember when I was in school If I was informed about that btc I would have invested 1$ on it I would be soo rich now lol

[mynpraket]

CRYPTO FOR BEGINNERS 

https://shrinke.me/BXCESV

[karanggatak]

okey, student learn about bitcoin to improve skill about cryptocurrent. its good learning skill that give you more advantage in future, improve in little age its good than just common daily. what i know, in the end, many of them will play money role. people get to close in how to make money, not all people but most of them will come here.
the good point is this will shift the other thing and be good adoption when people still young.

[MIner1448]

Encouraging students in the video of bitcoins, in my opinion, this is generally wonderful, this is the best measure of reward in fact, and such actions already teach students to be financially smart at the start and the basics of investing in cryptocurrency. Of course, there is also a high motivation to study.

[dzonikg28]

I suppose it's a marketing strategy to promote bitcoin among young students, because it really doesn't make a lot of difference if home tuition support is paid in fiat or bitcoin currency. I don't know what are the intentions behind this good action, but I think it's positive for bitcoin anyway. The more people talk about it, the better.
News like this make people's interest for bitcoin increase, what helps to raise demand, also boosting bitcoin price towards a new ATH that must happen before this year finishes yet.

I was wondering about this. I welcome actions like this that popularize Bitcoin, but if the amount they earn is going to go to pay tuition fees, I don't see the point, and I don't think the Universities where they study accept Bitcoin as payment. I would see more sense if the students could save at least part of what they give them for the future. But charging X amount that you have to exchange to USD to pay tuition fees doesn't make much sense to me.

Couldn't agree more. I think using bitcoin for tuition fee is a bit off. Solely just for advertisement. If an institution like school, does not have a proper storage for crypto or a system where they allocate funds in crypto, they probably won't have anything to do with it and might just take it as fiat so it can be used as like the rest of the funds. For such, they need the fund to circulate, they wouldn't store that for long because they would know that it is not stable.
I think it can be use somehow for education, but in other ways maybe.

I guess one important aspect to consider is whether we are talking private or public universities. As public universities are run by the state, I think they might not even be allowed to accept speculative assets for tuition fee whereas that might very well be the case for private universities.
I think they will always have to rely on stable currencies. Imagine they hold large amounts of crypto and it crashes and just have to close the university forever!

[Oceat]

I think it's everything including for Educational premises, daily life, personal life value.... It's working as a fair salary of income.... I still remember when I was in school If I was informed about that btc I would have invested 1$ on it I would be soo rich now lol

Everyone has the chance to buy Bitcoin back in the days since they have the chance but most of them too sold their Bitcoin at a very low price because they were afraid it might be gone for good. But as the time pass by, most of the people have given enough time to buy and invest in Bitcoin but most of them didn't really believe that it would be a thing in the future and look at the price now?

Bitcoin is everything as long as you use its purpose since it's a money and an asset at the same time. It has been widely used as a means of payment for most businesses who allowed crypto in their business.

[Mahiyammahi]

Previously there was a proposal accept bitcoin for give salary to workers. It's now in education It won't bad. If everyone knows bitcoin from their study life it will be great. Even I think it there's should be a chapter for btc history

[freedomgo]

Previously there was a proposal accept bitcoin for give salary to workers. It's now in education It won't bad. If everyone knows bitcoin from their study life it will be great. Even I think it there's should be a chapter for btc history

Well, for me there's no such bad idea on having bitcoin as a reward. After all, the future will really lead us into bitcoin as we are moving into a digital version. Although it might be quite unique to think for students to have bitcoin as an educational insurance, but i know in the later part, they will start to acknowledge its advantage. Maybe it might take time for the young individuals to understand bitcoin , but once they will come to understand it, they might be overwhelm knowing how valuable a single bitcoin can be.

[AakZaki]

~snip~

For me, Bitcoin if you look at the development of today's era, to be made into health insurance, education, etc., it's time and it's time for that.

That's our hope as bitcoin activists, but not with the government. If you use it as insurance officially and get a license from the government for a short period of time it is very difficult. Some world governments only want it as an asset not as a means of payment transactions.
In fact, we see china shutting down all crypto activities, after which they make their own digital money. Regarding education insurance is very important, insurance here in the sense of saving privately and used later is very promising.  Especially if the value of bitcoin goes up, it will be very good.

[Botnake]

~snip~

For me, Bitcoin if you look at the development of today's era, to be made into health insurance, education, etc., it's time and it's time for that.

That's our hope as bitcoin activists, but not with the government. If you use it as insurance officially and get a license from the government for a short period of time it is very difficult. Some world governments only want it as an asset not as a means of payment transactions.
In fact, we see china shutting down all crypto activities, after which they make their own digital money. Regarding education insurance is very important, insurance here in the sense of saving privately and used later is very promising.  Especially if the value of bitcoin goes up, it will be very good.

Bitcoin as an education insurance may only be applicable maybe in those countries that are supporting bitcoin or crypto, otherwise the government will definitely oppose about it. No matter how high the value of bitcoin, it will never be allowed when it comes to government schools. However, the example of OP is a good achievement for bitcoin because its not only used as a salary, and now it has reached its level of having it as a reward as an education insurance. It will really help a lot in the future considering its high value.

[RavenTimmy]

No one can ignore the prospect of bitcoin. It is an asset that can be utilized in many sectors like insurance, investment, engineering, healthcare, education, etc. However, I do not support the marketing strategy of making it famous among students by gifting them to a few lucky ones. It can be fatal for a country’s future if students start concentrating on crypto trading instead of studies.

[Finestream]

No one can ignore the prospect of bitcoin. It is an asset that can be utilized in many sectors like insurance, investment, engineering, healthcare, education, etc. However, I do not support the marketing strategy of making it famous among students by gifting them to a few lucky ones. It can be fatal for a country’s future if students start concentrating on crypto trading instead of studies.

I may agree on you. Just when they thought that bitcoin has a high value and will be more valuable in the long run, so their time for studies might be divert into learning bitcoin or crypto trading knowing there is huge profits await for it. But on the other hand, if bitcoin will be a good motivation for the students to do more good in school since they will receive bitcoin afterwards, then maybe we can consider bitcoin as more productive. I think in the long run, bitcoin will already be used in all aspects of life so take this one as a good start.

[BOAEDAN]

bitcoin as education insurance, sounds good and can be accepted with common sense, because in this way it is likely that bitcoin will be known by all circles, young and old even students will learn about bitcoin, but the problem is will all schools accept payments in bitcoin.

[habebe]

That's right, bitcoin can be used as educational insurance mostly now if you have enough livelihood you need to save to prepare for such situations and bitcoin also helps those who need it even though it is called partime enough value  to be able to save for the future

[Fesatmas]

~snip~

For me, Bitcoin if you look at the development of today's era, to be made into health insurance, education, etc., it's time and it's time for that.

That's our hope as bitcoin activists, but not with the government. If you use it as insurance officially and get a license from the government for a short period of time it is very difficult. Some world governments only want it as an asset not as a means of payment transactions.
In fact, we see china shutting down all crypto activities, after which they make their own digital money. Regarding education insurance is very important, insurance here in the sense of saving privately and used later is very promising.  Especially if the value of bitcoin goes up, it will be very good.

Bitcoin as an education insurance may only be applicable maybe in those countries that are supporting bitcoin or crypto, otherwise the government will definitely oppose about it. No matter how high the value of bitcoin, it will never be allowed when it comes to government schools. However, the example of OP is a good achievement for bitcoin because its not only used as a salary, and now it has reached its level of having it as a reward as an education insurance. It will really help a lot in the future considering its high value.

There is always a time for Bitcoin to be accepted in every aspect of our lives, not just in terms of education. Because Bitcoin is a friend for anything that later concerns the future growth of the digital economy. Any program when accompanied by Bitcoin does not care whether it is a promotion to make a name for someone, a company or even to gain prestige itself. That's their right, because I have said from the start Bitcoin can be used in any case depending on the user. Isn't Bitcoin flexible you want to take Bitcoins in any direction you can adjust it.

[Natalim]

bitcoin as education insurance, sounds good and can be accepted with common sense, because in this way it is likely that bitcoin will be known by all circles, young and old even students will learn about bitcoin, but the problem is will all schools accept payments in bitcoin.

This looks unlikely for now, can't deny that but who knows 10 years onwards they will take this and offer such rewards to the most outstanding students. This gonna be a sort of motivational program and I believe that it certainly gain attention since these kinds are probably aware of Bitcoin. And with the help of being included in the teaching program, the more further give them information and investment ideas.

This eventually I looked forward to seeing it in my country but something I'm not sure of is if the government will give support or/ they just ignore and prioritize the other needs.