Lomond School, Scotland accepts BitcoinBTCThe first UK school to offer this will be the University of Westminster, which is set to begin tuition payment in 2025’s Autumn Semester.
School’s integration plan includes accepting Bitcoin “sound money principles” Incorporate the Austrian School of Economics in the Curriculum “prepare students for the uncertain future,” The following are some of the ways to get in touch with us. announcement reads, adding:
“Bitcoin is available to anyone willing to learn — making it more democratic and inclusive, particularly for people in developing nations who lack access to traditional banking. Lomond sees Bitcoin as a perfect real-world case study in economics, computing, ethics, and innovation.”
According to an announcement, the school does not plan to accept any other cryptocurrency and will immediately convert BTC into fiat currency. The school may establish a BTC Treasury in the future depending on the input of the Lomond Community.
Lomond’s statement highlights how institutions are increasingly adopting Bitcoin in order to protect themselves from inflation, despite the turmoil of the financial system around the world.
The value of the British Pound (GBP), 1209-2025. Source: Statista
Related: Swedish MP proposes Bitcoin reserve to finance minister
Bitcoin is slowly making its way into the educational system
Bitcoin is part of several school and university curriculums. These institutions are also adopting a BTC treasurer strategy in order to guard against inflation’s corrosive effect on the purchasing power of their reserves.
By 2022, University of Cincinnati added crypto courses Students will learn about BTC, Web3 and other emerging technologies.
Mi Primer Bitcoin – a Bitcoin Education Initiative – partnered with El Salvador’s Ministry of Education to launch in 2023. integrate Bitcoin education The school system is a great place to start.
Bitcoin hard cap represented as a series of halvings. Source: River
The University of Wyoming launched the Bitcoin Research Institute The decentralized digital asset will be the subject of peer-reviewed research in July 2024.
By February 2025 the University of Austin will announce that it has a new endowment fund. allocated $5 million to BTC investments. Assets under management in the endowment funds of universities are approximately 200 million dollars.
Chun Lai said that the chief investment officer of the endowment funds wanted to take advantage of the increasing institutional adoption and financial benefits associated with digital assets.
Magazine: TradFi fans ignored Lyn Alden’s BTC tip — Now she says it’ll hit 7 figures: X Hall of Flame
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Source: cointelegraph.com
