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Topic: Bitcoin accepted at New York pre-school - page 3. (Read 2083 times)

sr. member
Activity: 381
Merit: 250
That's good news.
Bitcoin is being accepted by a lot of institutions.
It will get more popularity because of this.
hero member
Activity: 700
Merit: 500
Realistically, I don't think these kids will even learn about Bitcoin until they are at least in high school.

The reason I am saying this is at least we had computer labs, etc. when I was growing up - it just goes to show how long it may take for Bitcoin to become mainstream.
legendary
Activity: 1666
Merit: 1001
Schools accepting Bitcoin won't really do much for the price or demand of Bitcoin. But what I don't understand is why the head of those 2 schools doesn't accept credit card. It seems like a pretty dumb idea to only accept Bitcoin, but I am not sure whether they accept other payment methods such as bank transfers or cash deposits. I doubt they would be something like paypal to be accepting payments from so many people, they would have to do a lot of work to make sure that the account doesn't get locked.

To be honest, it seems like a publicity stunt and I doubt that the schools don't accept credit card. Barely anyone owns Bitcoin compared to a credit card.

It is a good thing that bitcoin start to be implemented in many sectors, even though is not going help a lot in the transaction rate but it will help bitcoin popularity, and accepting bitcoin for education sector is a very good thing, the children will know bitcoin since they are young so it is a good way to introduce bitcoin to a young generation
hero member
Activity: 532
Merit: 501
Schools accepting Bitcoin won't really do much for the price or demand of Bitcoin. But what I don't understand is why the head of those 2 schools doesn't accept credit card. It seems like a pretty dumb idea to only accept Bitcoin, but I am not sure whether they accept other payment methods such as bank transfers or cash deposits. I doubt they would be something like paypal to be accepting payments from so many people, they would have to do a lot of work to make sure that the account doesn't get locked.

To be honest, it seems like a publicity stunt and I doubt that the schools don't accept credit card. Barely anyone owns Bitcoin compared to a credit card.
hero member
Activity: 1036
Merit: 514
"The head of two Montessori schools in New York won't let parents pay by credit card - but he is accepting Bitcoin."

Bitcoin accepted at New York pre-school.

This is something really positive thing that bitcoin is being adopted where is a tech-savvy next generation. I am sure in next few years we are going to see such things happening in most of the countries.

There is a school in India which started accepting bitcoin way back in 2016.

This School Accepts Bitcoin !.



Bitcoin could move forward and accepted in various sectors because of people who use and support this cryptocurrency, not only miners or devs team but every bitcoiners may have their own  idea or contribution for bitcoin usability in their neighborhood.
And many more such as; "The decision comes as an increasing number of places - including universities in London and Greece - take the digital currency as payment."
Bitcoin created to become an alternative in form of digital currency instead of just depend on govs or central bank fiat currency, so this kind of usefulness like a transition from being trading object into a real currency as medium of exchange.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
That was a good news that there are someone are accepting bitcoin like in pre-school in NY that honestly still here they are still not accepting bitcoin but i think bitcoin is growing and someday everyone bitcoin will know the good benefits of bitcoin ..
More local business will accept bitcoin.. But the only problem of using of bitcoin is the speed of the transaction and the increasing fee for every increase price of bitcoin that i think should be fix in the future..
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
So he rejected the credit cards but is accepting btc? That doesn't seem that good to me, as I do not see anything bad for bitcoin but I see the possible struggle for the parents.
sr. member
Activity: 1190
Merit: 306
I don't want to disappoint the users, but almost all news of this kind are fake. Such luxury can afford only online stores. In my country, any subject of Commerce has the right to trade only in the national currency. You can't trade even for a recognized currency.
That's great, but your country isn't New York, where they can accept whatever payment method they want.  There's no law in the US that says businesses have to accept fiat.  Even convenience stores don't have to accept loose change as payment.  They can refuse that if they want to.  Thus any school like this can accept bitcoin and not credit cards.  I find that hard to believe, though.

Agree with above, this is probably fake news.  Wouldn't surprise me.
sr. member
Activity: 868
Merit: 289
If this things will be happen in new york. Another points and great news again for bitcoin community too. This will shows only that bitcoin is really doing an awesome things in any places of the world.
full member
Activity: 196
Merit: 100
Is it was first ever school in the world accepted BTC?
sr. member
Activity: 434
Merit: 255
I don't want to disappoint the users, but almost all news of this kind are fake. Such luxury can afford only online stores. In my country, any subject of Commerce has the right to trade only in the national currency. You can't trade even for a recognized currency.
sr. member
Activity: 546
Merit: 255
"The head of two Montessori schools in New York won't let parents pay by credit card - but he is accepting Bitcoin."

Bitcoin accepted at New York pre-school.

This is something really positive thing that bitcoin is being adopted where is a tech-savvy next generation. I am sure in next few years we are going to see such things happening in most of the countries.

There is a school in India which started accepting bitcoin way back in 2016.

This School Accepts Bitcoin !.



This type of information gives somewhat a great feeling for an ordinary user of Bitcoin just like myself. More and more establishments, businesses, or even schools are simply recognizing the wonderful usage of Bitcoin. Though it is not that too surprising for New York. Even here in my own country, I have seen some school here in the Philippines that accepts Bitcoin for tuition fee payments. If this trend continues, we might see most stores out there that accepts Bitcoin as payment, a very great news for all Bitcoin users.  Smiley
sr. member
Activity: 602
Merit: 250
"The head of two Montessori schools in New York won't let parents pay by credit card - but he is accepting Bitcoin."

Bitcoin accepted at New York pre-school.

This is something really positive thing that bitcoin is being adopted where is a tech-savvy next generation. I am sure in next few years we are going to see such things happening in most of the countries.

There is a school in India which started accepting bitcoin way back in 2016.

This School Accepts Bitcoin !.


Do not accept payment by credit card or other currency that only accepts payment by bitcoin? This is hard to believe, especially in kindergarten. But if this is true then it will be a good start for bitcoin in the future.
staff
Activity: 3206
Merit: 575
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This is pretty amazing that the school have chosen not to accept credit cards from the parents and wanted bitcoins in payment instead, but I guess not every parents would know how to use bitcoins, this action might cause the school to lose some of their potential customers away to their competitors who accept payment in the traditional way.
legendary
Activity: 2436
Merit: 1362
Wow im impressed! its stories like these which makes you believe more in bitcoin and its future.
I also like that its mainstream meadia reporting it "The BBC"

here is a quote from the article >

"About 10 parents of the roughly 300 students have opted to pay in Bitcoin so far..."

It just more and more adoption by everyone to make it more and more popular.
Thanks for posting
hero member
Activity: 826
Merit: 529
Hmm. Yes this is good news. But it's kinda weird because he doesn't accept credit card payments what? I know we want to spread the name of bitcoin for mass adoption but why is he forcing the parents to but Bitcoin for the payments? Definitely should be optional.
Yeah, that's​ a good news for the future purpose...
It's a process of getting popular and acceptable currency across the world, I think it will be one of the best currency in the future world. And I don't think that the process is wrong.
sr. member
Activity: 594
Merit: 253
Of all schools, it is a pre-school that initiates the first move. That is simply amazing. I kind of love the idea of the man behind this school's policy. That is something novel. I hope such a brilliant and huge step encourages other establishments to do the same.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Hmm. Yes this is good news. But it's kinda weird because he doesn't accept credit card payments what? I know we want to spread the name of bitcoin for mass adoption but why is he forcing the parents to but Bitcoin for the payments? Definitely should be optional.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
this is a great news for us because this will help to spread bitcoin into younger and they can know about bitcoin in early. i am sure that their teacher will be understand while someone explain about bitcoin in that school because they can read and ask more about bitcoin too. if this is success then i am sure other school will be follow this step and the more school will know about bitcoin too.
full member
Activity: 210
Merit: 100
💰💰💰💰
That's not a good move for a "business" in my opinion, rejecting a payment type widely accepted like credit card but at the same time accepting a niche payment type such is bitcoin.
It's definitely good for the bitcoin community though, and has the potential to make more businesses start doing the same - I won't complain about that.
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