This School Accepts Bitcoin ! - page 3.

Skarner21

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http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=Buying-with-bitcoins-31082015010046

This is interesting article looks like some countries right now are starting to use and spreading it in some schools.
But according to the article they are just using bitcoin for mode or alternative payment in india.
I heard few days ago about the crisis in india using atm.. but i think this is just a theory that credit cards will gone and use on bitcoin for mode of payment..

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Quote from: iqlimasyadiqa on November 21, 2016, 08:02:34 AM

This is an awesome thing. a school will attract a lot of users bitcoin. each student may someday be required to have bitcoin wallet for a monthly fee. it is a dream in the future. bitcoin developments will occur if all of this a reality.

Yes surely this is an awesome adoption that a school is already accepting bitcoins. For sure if other nearby schools located will see this and thinks that this is attractive for the people to educate their children to this school. And this is one of the things why because bitcoins price is now increasing. I hope this will make the adoption even faster.

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Quote from: Sir Legend on November 21, 2016, 07:32:15 AM

Wonderful and amazing, i hope this can effect to other institutions to accept bitcoin, especially in my country that still banned bitcoin.

Your government will soon unban bitcoin if they know big countries are talking step forward to adopt in the crypto world, what we have seen is already a good example that bitcoin is the future as people are slowly adopting and now it's and institution which is big.

iqlimasyadiqa

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This is an awesome thing. a school will attract a lot of users bitcoin. each student may someday be required to have bitcoin wallet for a monthly fee. it is a dream in the future. bitcoin developments will occur if all of this a reality.

Sir Legend

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Wonderful and amazing, i hope this can effect to other institutions to accept bitcoin, especially in my country that still banned bitcoin.

harizen

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We have also the same feature like that in our country but in a different way. It's not a direct payment to a school but can be done by using local exchange services.

One of the local exchanges here in our country has a service of using our bitcoin in paying bills payment and that includes tuition fees in selected popular universities here. Right now only 3 universities is on the list and IIRC since the commencement of operations of this local exchange, no additional universities has been added since then.

TastyChillySauce00

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Quote from: kiklo on November 18, 2016, 02:40:01 AM

Quote

Merchants can instantly convert the bitcoins received into Indian rupees in their bank account,“

well there's nothing wrong with it, the school will eventually need to convert the bitcoin to local fiat, so why not just convert it directly to fiat for every bitcoin received,though at the end the function will be the same,students spending bitcoin to fulfill their education needs

Xester

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Quote from: johnnyyash on November 18, 2016, 04:44:15 AM

wow school from Asian accepting bitcoin, its a welcome and good news!!! Am happy to hear this...though we look to more schools accepting bitcoin!!!!!!!!!!!!

The Bitcoin craze has made its way to the educational system. This is a great news! Acceptance of bitcoins is very helpful, mix of education and bitcoins was a great idea.
“Allowing bitcoin to be used to pay for a education decreases the problem in education while simultaneously allowing students to be a part of this exciting new technology,”
“The intention of this initiative is to ease transmission difficulties for certain students and to build our own practical knowledge about this field, not to engage in currency speculation,”

JasonXG

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Quote from: apoorvlathey on October 27, 2016, 11:21:04 AM

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Dharwad International School in Karnataka is the first school offering a facility of Bitcoins for their annual fees. The population of 1.25 billion, is set to overtake China’s by 2022 – and India’s remittance industry is calculated at a massive $50-70 billion. Experts are touting India as home of the next Bitcoin boom.

Didn't know that earlier, do other schools also accept bitcoins ?

Edit : link to article : http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=Buying-with-bitcoins-31082015010046

That is most definitely one of the best ideas I have ever heard. Mix bitcoin with education. Spread awareness bery quickly among students then the student tell their parents so that is a good way to spread knowledge and ise of bitcoin in a practical and useful way. I hope many more schools will soon follow and it becomes a trend.

zPanda

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Interesting enough for India to take some lead now.

Gotottack

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This school is an amazing school. LOL. I hope a lot more establishment would adopt bitcoin as a payment method.

fritzdark

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This is a great news! It just shows how a lot of people now are embracing bitcoins. I just hope that here in ny contry will soon have schools or any establishments and institutions that will accept bitcoin. More great news for bitcoin is yet to come!

Schuyler

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That's another good news for bitcoin. Even if just a small portion of the Indian population starts to use bitcoin, that's already a huge step for mass adoption. With that school soon to accept bitcoin as tuition fee payment, we can expect other institutions to follow if that turns out to be a success for that school.

johnnyyash

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wow school from Asian accepting bitcoin, its a welcome and good news!!! Am happy to hear this...though we look to more schools accepting bitcoin!!!!!!!!!!!!

prabowo96

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Quote from: michellee on November 18, 2016, 02:36:57 AM

Quote from: Cusdonard on November 17, 2016, 10:48:29 AM

One day, everything can be paid for with Bitcoins or any other cryptocurrency. Paper money will be obsolete in the future hence we must move to another medium of payment, which will be electronic currency.

i am sure for that and its only the time will give the answer. i hope the other school in that area will be following that school and later the school from other country will follow too and together, bitcoin will be adopt by more people.

its a good news for us that using bitcoin in online.

One day can mean 1000 years, until there we can see a lot of other ways of payment, like wallets implanted on your body.

However I want to know how many people spend bitcoin in this school, I bet on zero.

kiklo

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Merchants can instantly convert the bitcoins received into Indian rupees in their bank account,“

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Quote from: Cusdonard on November 17, 2016, 10:48:29 AM

One day, everything can be paid for with Bitcoins or any other cryptocurrency. Paper money will be obsolete in the future hence we must move to another medium of payment, which will be electronic currency.

i am sure for that and its only the time will give the answer. i hope the other school in that area will be following that school and later the school from other country will follow too and together, bitcoin will be adopt by more people.

its a good news for us that using bitcoin in online.

xIIImaL

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Quote from: SourThunder on November 17, 2016, 06:24:01 PM

Wow even school now accept bitcoin now. I hope my school accepts also bitcoin as payments .
Bitcoin is for the whole world . what if the bitcoin is the money for the whole world?

Yeah this is good move from the school directorate, Why not all the people are not accepting bitcoins like wallmart or wallgreens or etc.. Like education department accepting bitcoins means why not these commercial places not yet accepted. Its a big worry.

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Quote from: n691309 on November 17, 2016, 05:14:31 PM

Quote from: apoorvlathey on October 27, 2016, 11:21:04 AM

Quote

Dharwad International School in Karnataka is the first school offering a facility of Bitcoins for their annual fees. The population of 1.25 billion, is set to overtake China’s by 2022 – and India’s remittance industry is calculated at a massive $50-70 billion. Experts are touting India as home of the next Bitcoin boom.

Didn't know that earlier, do other schools also accept bitcoins ?

Edit : link to article : http://epaperbeta.timesofindia.com/Article.aspx?eid=31808&articlexml=Buying-with-bitcoins-31082015010046

This is a good move and I think that other schools, universities should make this decision and start accepting bitcoin instead of cash /fiat only. If I had such a chance to pay in bitcoin I would feel like a boss and people will look at me what am I doing lol.

The management might have researched much about the acceptance of bitcoin into their administration and finally started, because with bitcoin one who is gonna lay the first stone of acceptance surely gets profited in a short. Same as bitcoin early adopters who were successful now.

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Quote from: SourThunder on November 17, 2016, 06:24:01 PM

Wow even school now accept bitcoin now. I hope my school accepts also bitcoin as payments .
Bitcoin is for the whole world . what if the bitcoin is the money for the whole world?

That's always great to hear new development, the progress will surely continue because a lot of people already believe in bitcoin and definitely they also want to use this a way way of marketing more students to enroll since the payment is easy. I wish also I can see another industry starts to accept bitcoin now.

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