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One of the Largest US Colleges has begun Teaching Students about Bitcoin

by BlockNews Team
January 18, 2023
in Crypto, Finance, Media, Social
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One of the Largest US Colleges has begun Teaching Students about Bitcoin
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The initial Bitcoin course will be followed by a “Programming Bitcoin” course where students would learn how to “create a Bitcoin library from scratch.”

  • Bitcoin and cryptocurrency education are becoming increasingly popular in classrooms.
  • The 74,000+ students at Texas A&M are now able to take a Bitcoin course, making it the newest institution in the United States to do so.

Announcement

Associate Professor Korok Ray of Texas A&M’s Mays Business School announced that he would instruct students in the “Bitcoin Protocol” course when the spring semester begins on January 17. According to him, in “Programming Bitcoin,” students will learn how to “create a Bitcoin library from scratch” and be guided through the Bitcoin Protocol. The lecturer said it took “months” of arduous labor to finally win approval from the school’s relevant curriculum committee body.

Crypto Classrooms in Action

Although “crypto classrooms” are a goal worth pursuing, there are obstacles. Many teachers are still learning to integrate Web2 technology into their regular lessons, let alone how to use digital resources. Fear is a genuine barrier, and it will take time to change people’s perceptions of cryptocurrency as high-risk gambling or investment. Schools are less likely to include safety in the curriculum due to safety concerns. 

Despite this, deteriorating educational systems are among the world’s most urgent issues, along with population growth and climate change. Simply put, the world that children are entering needs to be adequately prepared for by current educational approaches. Crypto researcher Josh Cowell asserted that it could enhance one’s financial literacy if appropriately done but identified a shortage of high-quality crypto education as a significant barrier to further acceptance.

Now, courses on the legal and regulatory ramifications of cryptocurrencies and blockchain technology are being offered at institutions in the United States. Adjunct Professor Thomas Hook said that “the law school now provides a ‘Crypto Regulation’ course for students interested in discovering how lawyers knowledgeable about cryptocurrency and cryptocurrency businesses can best navigate regulatory uncertainties as they seek to market their goods and services. It’s aimed to introduce future lawyers to the various challenges they may see and the variety of approaches and rules that exist as it pertains to cryptocurrency, [as well as] the different [issues] that crypto enterprises may face across the globe.”

Blockchain-based Educational Initiatives

Even though many of these kids currently own digital assets and earn money from them, there need to be formal teaching models on digital ownership or the transfer of digital assets. For instance, in the NFT-enabled creator economy, kids as young as 11 to 13 have produced successful art collections, such as Benyamin Ahmed’s Weird Whales and Nyla Hayes’ Long Necked Ladies.

One of the most widely utilized platforms in schools is Class Dojo, a virtual incentive program used by 50 million students worldwide. Children already lead hybrid online/offline lifestyles and are accustomed to receiving rewards virtually.

Changes are being made to the current situation. Initiatives in the educational space that use blockchain technology enable teachers to co-publish their courses as NFTs. Then, profits can be used to produce even more resources. Thanks to these courses, students may confidently navigate Web3 financial structures, wallets, and the metaverse. Students can also navigate the market safely and autonomously.

Conclusion

For the future world of decentralized economies, digital ownership is essential, especially as future generations are more likely to manage their wealth rather than ceding power to banks and centralized exchanges. Future generations have a right to learn financial literacy at a young age. They will also have the chance and time to set themselves up for a successful career if blockchain appeals to them at a young age. Harvard University, Massachusetts Institute of Technology, Oxford University, National University of Singapore, Cornell University, and the University of California Berkeley are among the other colleges that now offer courses on cryptocurrencies.

Tags: BitcoinBTCcollegecrypto adoptionTexas A&M
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