What’s Next for Cryptocurrency? Distribution of Power

On this third and final piece about different cryptocurrency purposes and the role education plays in regulation, I aim to discuss why the concentration of power among cryptocurrency holders will dictate how bitcoin gets adopted. My expectation is that whatever I write makes you think on how could power be better distributed. Hopefully,  I’ve saved … Continued

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Stanford, Wharton and Georgetown Expand Bitcoin Business Classes

Stanford, Wharton and Georgetown Expand Bitcoin Business Classes

2018 is shaping up to be the year of bitcoin in academia as more and more institutes for higher education enter the field. The latest example comes from a number of top ranked business schools in the US that are expanding their offering due to student demands.

Also Read: Over 16,000 Indians Sign Petition Against “Irrational” RBI Crackdown

Competitive Advantage

Stanford, Wharton and Georgetown Expand Bitcoin Business ClassesStanford University’s Graduate School of Business will offer a full-time cryptocurrency course beginning this May. The new class came about following a coordinated campaign by MBA students who see the innovative concept as vital for their future careers. “Many of us will have to discuss blockchain at our jobs. It makes sense to teach it,” explained second-year student Itamar Orr. “It gets you a competitive advantage; it’s an extra hammer in your toolbox.”

A group of students petitioned the school’s leadership to add the full-time class as before it only covered the field on a pop-up basis. Once Stanford opened the class to registration the wider demand was confirmed as it was closed with over fifty candidates on the waiting list.

Susan Athey, the technology professor who will teach the new class, commented to CNBC: “The fluctuations in the prices have everyone mesmerized: Just how did this happen? Many people have gone boom or bust and that’s, of course, exciting, attracts a lot of interest and motivates people to understand what’s going on.”

Critical Mass Achieved

Stanford, Wharton and Georgetown Expand Bitcoin Business ClassesThe Wharton School at the University of Pennsylvania will also offer a cryptocurrency class this fall for the first time. Professor Kevin Werbach said: “We’re at the point where there’s a critical mass to teach this domain. There will be a real phenomenon in business for the foreseeable future, and five years down the road there won’t be too many major business schools that don’t offer similar classes.”

It’s not just students that are asking for more classes but industry as well. John Jacobs, executive director of Georgetown University’s McDonough School of Business, revealed he is “constantly” getting calls from Wall Street and consulting firms’ recruiters saying, “You need to train them. We need people to understand how to apply blockchain technology.” He added that: “Any world-class program is going to have to equip students in this field to compete. It’s everywhere we turn around.”

As we previously reported, other universities located in financial centers are such as Chicago and New York, have also recently begun responding to students’ demands for bitcoin education.

Would you attend a university course to teach you about bitcoin? Share your thoughts in the comments section below. 


Images courtesy of Shutterstock.


Do you agree with us that Bitcoin is the best invention since sliced bread? Thought so. That’s why we are building this online universe revolving around anything and everything Bitcoin. We have a store. And a forum. And a casino, a pool and real-time price statistics.

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Top Business Schools Add Bitcoin Classes, Expand Cryptocurrency MBA Course Offerings

Top-ranked business schools have hopped on the bitcoin bandwagon by expanding their course offerings on cryptocurrencies and blockchain. The move to offer more crypto-related MBA classes was fueled by growing demand from students, as well as from corporate recruiters, especially those in venture capital. Kevin Werbach, a professor at the Wharton School of the University … Continued

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Bitcoin Classes Are All the Rage for University Students in Chicago

Bitcoin Classes Are All the Rage for University Students in Chicago, Illinois

Hosting the CME, the Cboe and many investment funds, Chicago is an American and global financial trading powerhouse. As such it should come as no surprise that students in the region are clamoring to learn about a major part of the economy of the future, bitcoin.

Also Read: Nasdaq-Listed Marathon Begins Bitcoin Mining Operations, Stock Up 32%

Bitcoin Education

Bitcoin Classes Are All the Rage for University Students in Chicago, IllinoisFinance, business and computer science students in Illinois are demanding to learn more about bitcoin and the technology that powers it – and university professors are showing they are up for the challenge.

While in the recent past discussions about bitcoin were left to the end of the semester as a fun afterthought, learning about cryptocurrency is today an integral part of finance studies. “My students are starting the class thinking about it now,” DePaul University assistant professor Lamont Black told the Chicago Tribune.

Illinois Institute of Technology is set to offer its first class on blockchain this summer. University of Illinois at Chicago professor Gib Bassett, head of the finance department, will teach about bitcoin in his Chicago Exchanges MBA course this month for the first time in a decade due to students’ demands. “They want to hear about bitcoin. Their parents have told them it’s a tulip bubble,” he said, referring to the tulip bulb market in 1600s Holland that bloomed dramatically, then crashed. “It’s crazy, it’s ridiculous, and their friends who invested three years ago are millionaires…There’s clearly a generational component to this.”

Don’t Fall Behind

Bitcoin Classes Are All the Rage for University Students in Chicago, Illinois“It’s not so much about being ahead; it’s making sure that you’re not going to be behind,” said Sarit Markovich, an associate professor at Northwestern University’s Kellogg School of Management. She began discussing bitcoin in class five years ago but back then, “It was hard for me to fill up the course,” Markovich said. “Students were interested in typical traditional banking. They were like, ‘We don’t want to hear about that. … Tell us about mergers and acquisitions.’” In 2017 this changed drastically as over 50% of students became eager to learn about cryptocurrency. Now she has approval to create a new class focused on the subject for MBA students.

Andrew Miller, an assistant professor of electrical and computer engineering at University of Illinois at Urbana-Champaign, is preparing to teach a class on smart contracts and says interest is surging. Enrollment was very fast as students see it as an opportunity to enter the financial technology development world. “A whole lot more seems possible,” he said.

Are you considering taking any bitcoin classes at university level? Share your thoughts in the comments section below!


Images courtesy of Shutterstock.


Do you like to research and read about Bitcoin technology? Check out Bitcoin.com’s Wiki page for an in-depth look at Bitcoin’s innovative technology and interesting history.

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Australian University Launches Nation’s First Open Blockchain Course

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Australian public research university RMIT is launching the country’s first dedicated online short course on blockchain technology, the underlying innovation behind cryptocurrencies like bitcoin. The emergence of blockchain as a disruptive, game-changing technology has spurred Melbourne-based RMIT University to offer Australia’s first online course on the sector. The 8-week program, titled ‘Developing Blockchain Strategy’, will

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Ellen DeGeneres Is ‘Down With’ Bitcoin

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If there was any doubt that bitcoin is making its way into the mainstream, Ellen DeGeneres has just dispelled those myths. Telling her audience that she’s ‘down with’ bitcoin, Ellen used her comedic talent to describe bitcoin by comparing the top cryptocurrency to a goat and even talking BTC price. She used her ability to communicate … Continued

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‘Humans Die. Cryptocurrencies Don’t’: Why You Should Begin Planning Your Estate Immediately

The post ‘Humans Die. Cryptocurrencies Don’t’: Why You Should Begin Planning Your Estate Immediately appeared first on CCN

Five years ago, 26-year-old Matthew Moody was killed as the result of a tragic plane crash in California. Moody, a prolific Bitcoin miner, left behind what is likely a small fortune. “My son was actually one of the earliest people to mine it,” said his father, Michael Moody, in a Bloomberg interview detailing the family’s … Continued

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There Has Been An Awakening. Have You Felt It? [Part 3]

The post There Has Been An Awakening. Have You Felt It? [Part 3] appeared first on CCN

This is the first opinion piece in a four-part series that explores the advent of bitcoin as a store of value and the implications of valuing the cryptocurrency in fiat. Read the first part here and the second here. Fees: The Third Bottleneck Just like price, transaction fees can very easily scare away people from entering … Continued

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Australian High School to Host ‘Educational Presentation’ on Cryptocurrencies

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The soaring interest in cryptocurrencies like bitcoin in the mainstream has compelled one high school in Australia to reportedly host an information night on cryptocurrencies. In an email sent to students’ parents, Brisbane-based St. Laurence’s College said it intends to hold an “educational presentation” on cryptocurrencies after being made aware of senior students purchasing and … Continued

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