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Topic: Bitcoin in Economics class? - page 21. (Read 7783 times)

sr. member
Activity: 546
Merit: 255
July 25, 2017, 09:58:43 AM


Do you think they are talking about bitcoin in your basic ECON class?
In Economic class in my country? I don't think so. I guess they are still discussing about the history of economics, like its pioneers and all and also about the theories of economics. I guess it will be a good thing to include a topic in bitcoin in every economic class like they will be taught how to analyze market charts of the cryptocurrencies and other different things that could be helpful in knowing about bitcoin.
legendary
Activity: 1540
Merit: 1029
July 25, 2017, 09:48:36 AM


Do you think they are talking about bitcoin in your basic ECON class?

Undoubtedly BTC has come up many times in many economic classes. Hilariously, I'd say the professors explanations are more than lacking although.
full member
Activity: 364
Merit: 130
July 25, 2017, 09:40:45 AM
In my area of residence, very rare people who know bitcoin, I have never thought that here will be any lesson about bitcoin, even in economy class. I think it takes an experienced lecturer in the field of crypto to simply introduce people about crypto, because it will entice people enthusiastically to ask further questions.
hero member
Activity: 910
Merit: 523
July 25, 2017, 08:49:27 AM
I don't have any idea if they do talk about Bitcoin or not but yes, there are some seminars conducted by the Institute of Charted Accountants India (Public Accountants) and they discuss it. Even though I wanted but couldn't attend this seminar, I am sure there must be some productive discussion happened in such seminar.

(old one) * Seminar on From Barter to Bitcoin.

I think it's far early to include Bitcoin in regular study syllabus for Economic but they should do it for IT syllabus.

Bitcoin and blockchain technology are good things to learn about for everyone who care about currency or world economics development, especially in economics class. I've heard some of my friends learn about bitcoin but just as online currency, not even enough I thought.
And there are several colleges which added Blockchain technology as a part of their curriculum such as University of Nicosia and European School of Management and Technology (ESMT), where students could pay for tuition using bitcoin as well.
https://cointelegraph.com/news/wanna-go-to-college-with-bitcoin
full member
Activity: 129
Merit: 101
July 25, 2017, 08:20:06 AM
I had some economics classes, both macro and micro economics at university and general economics at highschool and I  could tell you that you don't need to take bitcoin as separate entity of money. The same economic
principles applies to fiat money and cryptocurrency together. The thing that could be taught in classes is blockchain as data structure and maybe some consensus algorithms analysis in maths and computer science.
It is not about similarities about standard monetary systems and cryptocurrency, of course, that basic principles of currency won't change drastically.
But the fact that bitcoin is being omitted and treated like 'flavour of the month' kind of thing which will won't survive in the long run is kinda sad.
I guess we still need more time to get rid of conventional thinking and uncertainty surrounding bitcoin inception.

In the classes I took there were this notion of abstract "money" (not dollars, euros or bitcoin). I don't think there are any of the economics class n the world which talks about some currency or group of currencies in a direct way. What I wanted to say it's that the same principles of money  applies to all currencies whether fiat or crypto.
full member
Activity: 195
Merit: 100
"Proof-of-Asset Protocol"
July 25, 2017, 06:56:31 AM


Do you think they are talking about bitcoin in your basic ECON class?
I think it can be and I think also that many universities and school are now teaching about the bitcoin. I know it is good and many people are getting aware to what is the bitcoin.
legendary
Activity: 1288
Merit: 1000
July 25, 2017, 06:31:43 AM
I had some economics classes, both macro and micro economics at university and general economics at highschool and I  could tell you that you don't need to take bitcoin as separate entity of money. The same economic
principles applies to fiat money and cryptocurrency together. The thing that could be taught in classes is blockchain as data structure and maybe some consensus algorithms analysis in maths and computer science.
It is not about similarities about standard monetary systems and cryptocurrency, of course, that basic principles of currency won't change drastically.
But the fact that bitcoin is being omitted and treated like 'flavour of the month' kind of thing which will won't survive in the long run is kinda sad.
I guess we still need more time to get rid of conventional thinking and uncertainty surrounding bitcoin inception.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
July 25, 2017, 06:30:02 AM
Once after the big whales, the economic class people were the one who holds good volume of bitcoin to move to the next level of living standard. For the same lots of users have invested small amounts affordable to make a profit in the future. The current scenario is good mainly for the rich people.
sr. member
Activity: 868
Merit: 256
July 25, 2017, 06:03:57 AM


Do you think they are talking about bitcoin in your basic ECON class?

It depends. Econimics is a ver broad topic and maybe at some point, bitcoin could be discussed. Ive studied business course and we have econ subjects. We didnt tackle bitcoin specifically but has touched e-commerce and how it changes and affects the economy. Business and ECON is also dynamic. Its rules and factors change over time and have to be always updated. So, maybe by this time, e-cash, digital goods, e-trading, and cryptocurrencies were being discused in some universities but not in a verry detailed manner. If one wish to learn more about bitcoin, its usually self-taught throuh forums such as this, videos, websites or actually trading. Maybe in the future,colleges and universities might consider adding cryptocurencies trading in their prospectus.
full member
Activity: 129
Merit: 101
July 25, 2017, 05:58:04 AM
I had some economics classes, both macro and micro economics at university and general economics at highschool and I  could tell you that you don't need to take bitcoin as separate entity of money. The same economic
principles applies to fiat money and cryptocurrency together. The thing that could be taught in classes is blockchain as data structure and maybe some consensus algorithms analysis in maths and computer science.
sr. member
Activity: 1148
Merit: 300
July 25, 2017, 05:51:03 AM


Do you think they are talking about bitcoin in your basic ECON class?

i think they don't because not all people know about bitcoin and they need more explain before they are understand what is bitcoin and how to use bitcoin. i think in future we can see this is happen and bitcoin is not just for economic class like we've seen before. bitcoin is for every people who wants to make real money from doing many things with bitcoin.
i dont have bitcoin discussion in my economics class.i think this bitcoin is not being publish at this point of time.but every bitcoiners is always hoping that it will be included in a set to help everybody regenerate thier income.make some etra work througt it.to gain more profit.so that everybody can provide thier needs..
sr. member
Activity: 924
Merit: 255
July 25, 2017, 12:28:07 AM
Bitcoin, though originated in the freedom movement and offering a completely different concept to the traditional system, still can not distance itself from the nature and character of the world economy today. And it has been proven that bitcoin is a boost to world economic. Like as such can be used for production, distribution, and consumption of goods.
hero member
Activity: 1190
Merit: 534
July 24, 2017, 11:49:56 PM
I don't have any idea if they do talk about Bitcoin or not but yes, there are some seminars conducted by the Institute of Charted Accountants India (Public Accountants) and they discuss it. Even though I wanted but couldn't attend this seminar, I am sure there must be some productive discussion happened in such seminar.

(old one) * Seminar on From Barter to Bitcoin.

I think it's far early to include Bitcoin in regular study syllabus for Economic but they should do it for IT syllabus.
full member
Activity: 168
Merit: 100
July 24, 2017, 11:39:46 PM
Bitcoins enter the economy class that will support the economy. Where students will make theses on cryptocurrency. So have to do a survey for his master thesis
sr. member
Activity: 588
Merit: 256
July 24, 2017, 10:58:33 PM
Basically the bitcoin value is exactly the same as the economic lesson, but I've never heard of a university in my country being able to incorporate curriculum lessons about bitcoin. This is because its existence has not been widely known by the general public. Maybe someday if bitcoin is widely known, colleges can provide curriculum about bitcoin.
full member
Activity: 588
Merit: 128
July 24, 2017, 10:58:04 PM
No, maybe in few years. Still not that crucial, it's all about time.

Yes maybe in few years. Teachers cant teach something if the lesson is not in the curriculum.
Maybe when the government implement that curriculum then that would be the start of something new in the crypto world.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
July 24, 2017, 10:37:20 PM
Well am yet to see an academic institutions that will introduce bitcoin as part of their course work or their educational curriculum, even as at the time I was in the college studying economics it was not part of our courses but if introduced it will go a long way in helping more people to gain knowledge about crypto currency.
It will surely help out for adoption to increase even more since its been already teached and been included on the curriculum the main concern here is that those department of education would really consider this stuff? Knowing that they are on pro-government rules which they would really need an approval on it and thinking off that not all governments do really like bitcoin therefore chances would be somehow 50-50 if it would be implemented or not.
sr. member
Activity: 1330
Merit: 291
July 24, 2017, 10:29:33 PM
Well am yet to see an academic institutions that will introduce bitcoin as part of their course work or their educational curriculum, even as at the time I was in the college studying economics it was not part of our courses but if introduced it will go a long way in helping more people to gain knowledge about crypto currency.
member
Activity: 62
Merit: 10
July 24, 2017, 10:54:09 AM


Do you think they are talking about bitcoin in your basic ECON class?
Not really, because bitcoin is not fully recognized by every nation, that's why everyone is not familiar with it. It also may cause confusion to the faculties and students due to sudden adjustments to the syllabus. But it may be interesting if they added bitcoin to economic class.
legendary
Activity: 3542
Merit: 1352
July 23, 2017, 03:23:26 PM
It's great to study bitcoins economics but to correlate it with classical economics is just so far fetched. Yes, it follows the basic rule of supply and demand, but that's just about it. Also, i've discussed bitcoins with a few of my economics professor in college and just think that bitcoin is just another ponzi scam that floats around and will eventually disappear like most MLMs today.
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