Pages:
Author

Topic: Bitcoin Adoption: Universities now Accepting Bitcoin for Tuition Payment? - page 2. (Read 760 times)

hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018.
It would sound weird if they would stop accepting such mode of payment once bull market is over.They should more adjust the amount if ever market price will again fall than to make a sudden stop to a mode of payment wherein in the first place they are the ones to make that offer. But that's indeed a good question, will it sustain the financial needs of the school? 'coz probably they won' t use Bitcoin to pay for services when the price is low, unless the owner of the school is mad rich that he will be able to provide money in order to Bitcoins of the school to not be used and to be held until the market price again become bullish, if a downfall occur in this market.

If this one's true, then it would really be a huge step towards acceptance of this technology.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
The whole adoption we have been seeking is gradually gaining the mainstream attention, educational institutions, financial institutions. What more do we need? It is left for governments of several countries to lower their pride and decentralize their economies; by leveraging on the growing of the digital freedom. Bitcoin isn't just a coin, it is an economy to reckon on.
Sorry to break this to you but that is going to be the last step in the road to gain worldwide adoption for bitcoin and other cryptocurrencies, governments are not going to willingly relinquish the power they have obtained through centuries of deceiving people, they are going to resist to the very end any effort by their population to let go of the control they have over them.

This is why adoption seems to be moving so slowly even if the value of bitcoin is skyrocketing, at first governments tried to ban it and to discourage its use but once they saw they could not do that then they tried to regulate it as much as they could and once they realized that they cannot do that either most likely they are going to try to ban it again, and only once they fail on those measures they will recognize that they have no option but to adopt it.
hero member
Activity: 1666
Merit: 709
At least they don't have to go out and stay in line anymore.
I think they started to accept it due to the virus to help everyone stop the virus to avoid physical contact.
I am happy about the news and I think it is only the beginning of it more school would soon accept it too.
It depends on the country in which the institution is for students to stand in queue to pay school/tuition fee, they can do that using a transfer of fiat to institutions account, and the pandemic is no reason why those institution accepts Bitcoin, they evolved, they saw it a good addition to the school/tuitions fee mode of payment, they should not explain that, or need a bad situation to come before accepting Bitcoin.
sr. member
Activity: 1666
Merit: 268
This is great news, because it can make Bitcoin useful. Hopefully, the number of universities that accept Bitcoin continues
to increase for tuition payments. This also provides an opportunity for those who earn from Bitcoin, can directly use the Bitcoin
they have without the need to cashout first. It is also very helpful for increasing people's awareness of Bitcoin.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Looks like the adoption is slowly taking because according to the OP it was 2013 when the university stared adopting Bitcoin?
Yet the flow is nearly 1 university a year because since 2013 there is only 5 that accepts this as payment.

But of course it is more better than nothing and also while Blockchain is being introduced to the student meaning in the next 10-20 years these student will be the Best way of this community to finally be Welcomed in all areas of businesses because for sure that those student will have their own areas in which Blockchain and crypto will be introduced and pursue.

yes, didnt know that some are already accepting btc long time ago. but yeah, it seemed slow for adoption or maybe we are still missing some schools in the list?
i found few of them that are not in OP's list. but i believe, this year 2020, there are additional ones that maybe has not published yet in the media. and because of this pandemic, more then likely some countries which has legal outlook towards bitcoin will encourage their schools and universities to add crypto as part of their payment option

FPT University in Vietnam = the article was 3 years ago
The Montessori Schools, New York City (since June 2017)
La Salle Greenhills, Miriam College, Univ of San Jose Recoletos, Philippines= article posted in Aug 2018
legendary
Activity: 2324
Merit: 1035
Not your Keys, Not your Bitcoins
Universities are a great bridge to inspire the spirit of cryptocurrencies to the young generation. I'm sure that this trend will continue as the adoption levels raise in other areas as well. Coffee shops are best to spread the word and set an example in my opinion.
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
Wow, that's great news. This is a satisfactory initiative. Students who operate in Bitcoin will be eligible to submit it directly as payment. The system will come to be straightforward. Bitcoin is deliberately being approved by everyone and is being recognized by various countries nowadays. Furthermore, several schools are putting up with Bitcoin as a subject. Across-the-board this endeavor is commendable and effective.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Looks like the adoption is slowly taking because according to the OP it was 2013 when the university stared adopting Bitcoin?
Yet the flow is nearly 1 university a year because since 2013 there is only 5 that accepts this as payment.

But of course it is more better than nothing and also while Blockchain is being introduced to the student meaning in the next 10-20 years these student will be the Best way of this community to finally be Welcomed in all areas of businesses because for sure that those student will have their own areas in which Blockchain and crypto will be introduced and pursue.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
My question still remain; Is it sustainable? will this continue in the bear market? A volatile coin cant be used to stuffs like this, this are exploit to acquire bitcoin in the bull. It is a selfish move not for long term benefit of the space, I saw this in 2016/2017 not even in 2018.
sr. member
Activity: 1372
Merit: 261
At least they don't have to go out and stay in line anymore.
I think they started to accept it due to the virus to help everyone stop the virus to avoid physical contact.
I am happy about the news and I think it is only the beginning of it more school would soon accept it too.
full member
Activity: 1540
Merit: 219
Then those parents who have bitcoin can now pay their child's tuition faster and easier. But the problem is that, limited number universities only have the guts to accept bitcoin as a payment tool for tuition. Not all institutions and universities are knowledgeable about it and they don't know how it works and regulated. It is really hard to engaged on something that you have no idea about and I'm glad that there are still those who are brave enough to explore cryptocurrency and blockchain technology for the sake of quality education.
full member
Activity: 1750
Merit: 118
So this list has 5 schools. Cant wait to see this list with more than 500 schools. Though, as a bitcoin enthusiast, i believe people rather use bank wire than bitcoin for universitiy tuition which is faster than bitcoin in this field

But this is also a good chance to spread bitcoin around intuition environment where people are more intelligent and modern than others. Bitcoin needs to become even more popular in order for mass adoption
schools are complicated when it comes to adding payment methods and theres two types of schools that are government and non government .

non government type of schools can easily recognized btc as an addition to thier payment method while there can be a step to do on government type school for btc to be included on thier school . dont wish that 500 school will soon join btc because that is small but there are huge number of schools per country . aim for more
full member
Activity: 1190
Merit: 117
As a Bitcoin enthusiasts, I am certainly very happy to know that there are already several universities that have accepted Bitcoin payments.
Even though the number of universities that received tuition payments in Bitcoin was still small, I consider this a very good step for Bitcoin
adoption. I am also optimistic that in the next few years there will be more universities that accept Bitcoin payments. Especially after Paypal
accepts Bitcoin, more and more companies are accepting Bitcoin, and many people have finally realized the importance of Bitcoin for human life.
sr. member
Activity: 1288
Merit: 305
yes
There's a typo in my previous messages. But you can integrate SEC when it come to an investment cause they have the right to melt into every affairs that have to do with investors protection, fairness in the market etc. Mind you, the SEC wont have be involved in cryptocurrency if there is no overlapping of scam activities by cryptocurrency scammers in the uear 2017 and the last time i checked the SEC work independently though they federal agency but they never for once operate over their roles.
They seems not to be against crypto and the statement made by US SEC CEO are message that could help the surge in price of the market.
With that been said, it not every government or policy that is against crypto.
The clarification now makes it more understandable, indeed not every government is directly against Crypto. Some are just regulating crime perpetrators by bringing rules of KYC, founding their native exchanges for traceble transactions.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
Many countries now believe that bitcoin is not a scam currency, base on what they are seeing in other countries that make bitcoin legalized in their country. Many countries accept bitcoin for any kind of payment in the country, that is really helping the bitcoin users not to find it difficult to make use of their coins in the country.
Many countries Universities are now accepting bitcoin and other cryptocurrencies for school payment, that is attracting other countries, that think bitcoin is not a good currency in their country. This is a good development to those institution allow bitcoin users to make use of their coins in higher institution by providing them bitcoin ATM machine in the campus to do any kind of transaction in the university.
sr. member
Activity: 1036
Merit: 294
I've just read recently that Pizza hut accepts bitcoin. And now there are universities already accepting it to pay for students' tuition. That's just amazing. And I have noticed that it's not that recent. I mean, those universities are already accepting bitcoin 3-7 years ago. That just means that it's effective, right? I hope that this kind of adaptation reach others and do this kind of stuff be it in business, or the academe.

So this list has 5 schools. Cant wait to see this list with more than 500 schools. ~
We'll get there, eventually. And I'm looking forward to seeing that day.
sr. member
Activity: 750
Merit: 258
So this list has 5 schools. Cant wait to see this list with more than 500 schools. Though, as a bitcoin enthusiast, i believe people rather use bank wire than bitcoin for universitiy tuition which is faster than bitcoin in this field

But this is also a good chance to spread bitcoin around intuition environment where people are more intelligent and modern than others. Bitcoin needs to become even more popular in order for mass adoption
hero member
Activity: 2324
Merit: 562
Marketing Campaign Manager |Telegram @Usekevin
As a passionate fan of bitcoin and cryptocurrencies in general, it has always been my desire to see bitcoin become a payment of choice for many businesses and organizations around the world. Judging by recent developments across the world, I can say that the desire is gradually coming to fruition.


With Bitcoin now being accepted by some major universities in different countries and businesses like Overstock, Microsoft and others, I feel confident that crypto adoption is going in the right direction and in no distant time, cryptocurrencies with $BTC taking the lead will become major contenders in the payment ecosystem as medium of exchange. I can't wait to see $BTC become a popular means of payment, not just a speculative tool and store of value that it's been mostly serving the purpose.

Recently, as I was researching the web, I came across some universities that have since being accepting Bitcoin for school fees payment and I decided to write on the topic here in order to get insights on others that are doing same across the world which I'm yet to come across.

Kindly add to this conversation by listing any university, colleges, or any institutions of learning in any part of the world that is allowing tuition and fees payment by $BTC. Let's keep the list going.

source: unic.ac.cy

Below are some of the universities that have opened doors for students to pay fees using Bitcoin:

1. University of Nicosia in Cyprus (the first in the world to do so since December 2013)
   https://www.unic.ac.cy/you-can-now-pay-your-university-tuition-with-bitcoins-wired/
   https://ecoin4dummies.com/university-of-nicosia-receives-tuition-payment-using-bitcoin/

2. The University of Cumbria Carlisle in the United Kingdom (since January 2014)
   https://www.timeshighereducation.com/news/bitcoin-to-be-accepted-by-university-for-fee-payment/2010698.article
   https://www.cumbria.ac.uk/about/news/articles/articles/university-of-cumbria-professor-to-tell-united-nations-about-the-future-of-money-.html

3. The Kings College New York in the United States (accepting since June 2014)
   https://www.tkc.edu/stories/kings-is-first-u-s-college-to-accept-bitcoin/

4. ESMT Berlin in Germany (accepting since December 2016)
   https://esmt.berlin/knowledge/esmt-berlin-bitcoin-pays

5. Lucerne University of Applied Sciences and Arts in Switzerland (since October 2017)
   https://www.hslu.ch/en/lucerne-university-of-applied-sciences-and-arts/about-us/medien/medienmitteilungen/2017/10/03/bitcoin/



Whenever we heard of using bitcoin for certain payment.It was a good sign and we can except their may be increase in the demand of bitcoin from it. When the demand increase, it automatically increase the price of bitcoin in turn. And if the bitcoin come to the curriculum of the students will help them to know the way of getting bitcoin.
hero member
Activity: 2590
Merit: 644
~snip~
Because, it’s only private owned that will be able to do this, government owned institution wouldn’t be accepting Bitcoin. With that said, I am happy with the progress that we have been seeing.
^ Definitely agree, the Innovation and Entrepreneurship Business School in Spain is also accepting Bitcoin as payment for the tuition fee. though the number of these schools is still few I am pretty sure that in a not so far distant time other schools will also follow especially those who are offering courses that are related to technology in particular to blockchain IMO. As other institutions are already acquiring bitcoins in their services hence it is not impossible that even schools and universities around the globe will be acquiring it as payment. In my country, there is no school yet that accepts bitcoins for the tuition fee instead they need to convert their bitcoin first into our local currency before they can make a payment for the tuition fee using a local wallet platform.


Pages:
Jump to: