• 5 hours China Is Buying Up Billions Of Barrels Of Cheap Crude Oil
  • 23 hours Are Gold Stocks Going To Bounce Back?
  • 1 day The Politics Of A Pandemic
  • 2 days Gold Is Still A Safe Haven, But Not Very Alluring
  • 2 days What Does CHina’s EV Slowdown Mean For The Battery Metals Sector?
  • 3 days COVID Report Cards Will Brand Businesses Forever
  • 3 days Trump Tweet Sends Oil Soaring 25%
  • 4 days Why The Coronavirus Economic Crash Is Worse Than You Think
  • 4 days Is A Global Currency Necessary?
  • 5 days America Has Shed 500,000 Millionaires Since The Coronavirus Lockdown Began
  • 5 days Trump Wants Another $2 Trillion Economic Intervention
  • 6 days The Surprising Businesses Deemed “Essential” During The Coronavirus Lockdown
  • 6 days Priceless Van Gogh "Spring Garden" Painting Stolen
  • 6 days Oil Falls To $20 For First Time In Nearly Two Decades
  • 6 days COVID-19 Could Be The End Of U.S. Coal
  • 7 days How Much Does Your Social Security Number Cost? $4 On The Dark Web
  • 8 days Silver Stocks Have Been Decimated In The Coronavirus Sell-Off
  • 9 days How Blockchain Tech Could Make Mergers And Acquisitions More Efficient
  • 9 days America’s Shortage Of This Metal Keeps Trump Up At Night
  • 10 days Bidet Bonanza: Defying The Toilet Paper Shortage
Iran Looks To Launch Its Own Cryptocurrency

Iran Looks To Launch Its Own Cryptocurrency

Iran has proposed the creation…

China's Boldest Move Yet To Ditch The U.S. Dollar

China's Boldest Move Yet To Ditch The U.S. Dollar

It appears that China's blockade…

U.S. Pushes For Digital Currency For Immediate Stimulus

U.S. Pushes For Digital Currency For Immediate Stimulus

The world’s governments are rushing…

  1. Home
  2. Cryptocurrencies
  3. Other

How Universities Are Fueling Crypto Adoption

College

Cornell, Stanford, MIT, Yale and more are now offering up courses on cryptocurrency and blockchain technology, suggesting that the latest generation of college attendees aims to be more than just dabblers in the space.

Professors teaching the courses cite blockchain technology’s potential to transform the future of any number of industries, but especially finance and economics.

Kevin Werbach of the University of Pennsylvania explains how blockchain courses could fit into a student’s curriculum, “In order to understand blockchain well, you actually need to learn a bunch of subjects that we already teach in the university – things like economics and finance and law and distributed systems in engineering.”

With interest growing, some high-profile guests are even contributing to the cause.

Kathryn Haun, a partner at Andreessen Horowitz and Stanford alum, teaches a course called “Cryptocurrency” at alma mater, while Balaji Srinivasan, former CEO of Earn.com and current CTO at Coinbase, offers a course on development.

On the other side of the U.S., Tadge Dryja co-author of the Lightning Network whitepaper and former CTO of Lightning Labs, teaches “Cryptocurrency Engineering and Design” alongside Neha Narula the director of the Digital Currency Initiative at MIT.

And interest in cryptocurrencies and blockchain tech is showing no signs of slowing among new students. Related: Stablecoins: The Next Trend In Cryptocurrencies

Emin Gün Sirer, Associate Professor of Computer Science at Cornell, explained, “Usually, when you have five to a dozen students in such a class, you’re teaching a popular class. If was interesting to see that level of interest… “

Universities investing in the crypto space

David Swensen, Yale’s chief investment officer of the university’s $29 billion endowment fund, is betting on cryptocurrency and blockchain with new investments in Andreessen Horowitz’s $300 million crypto fund and Coinbase co-founder Fred Ehrsam’s Paradigm project.

Though it’s safe to say that crypto only accounts for a small part of Swensen’s investments, the head nod from Yale’s “in-house” Warren Buffet has clearly had a ripple effect, sparking other universities to follow Yale’s lead.

In addition to Yale. MIT, Harvard, Dartmouth, and the University of North Carolina have all dumped a bit of cash into crypto investment funds.

The Information journalist, Jon Victor, noted, “A move by endowments into funds that will directly bet on cryptocurrencies signals a major shift in investor sentiment toward the asset class, in the same way that institutions over the past decade became more willing to invest in private tech companies. Backing from such closely watched institutions could help validate cryptocurrencies, which are still considered too risky by many institutional investors.”

Conclusion

With some of the top universities in the United States diving into the crypto-sphere, it’s likely that others will follow.

It’s clear that millennials are leading the crypto-revolution, and with positive sentiment growing louder, we will definitely be seeing more classes, and more high-profile investments – in the same way we saw universities dive into tech stocks years ago.

By Michael Kern via Crypto Insider

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment