Wanna Go to College with Bitcoin?

The burgeoning popularity of Bitcoin and other cryptocurrencies has lead to a widespread awareness of the power of the Blockchain for doing business, managing security and protecting assets. As the popularity of Blockchain has grown, the call for experts in the field has become greater than ever. Even the UN is on board, seeking to utilize Blockchain for international aid.

All the pressure has lead to colleges looking to add Blockchain technology as a part of their curriculum. The forerunner is the University of Nicosia, the first to accept Bitcoin payments and where students can take a full Blockchain graduate degree.

Now other colleges and universities are getting on the bandwagon, both in offering courses and allowing students to pay for tuition with Bitcoin.

The latest to join the fray is the European School of Management and Technology (ESMT) where they have begun to offer a digital currencies workshop, and allow students to pay tuition via Bitcoin. The school’s CFO Georg Garlichs says:

“The driving force behind our decision was the necessity, the problems experienced by students from far away countries. It’s simply hard to send money from there over here for various reasons, be it high fees, technical problems or simply capital control, when they [governments] don’t want them [students] to send capital out of the country.”

As the popularity and acceptance of cryptocurrencies increases, more and more experts will be needed and schools must meet the demand.