• 1 day The Shroom Boom Is Here To Stay
  • 2 days Biden Will Be A Boon For Solar Stocks
  • 4 days The Gold Rally Has Finally Run Out Of Steam
  • 5 days Citibank Analyst Predicts $300k Bitcoin By End Of 2021
  • 7 days Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 8 days 14 Million People Will Lose Unemployment Benefits On December 31st
  • 9 days Why 12 Million American Millionaires Isn’t Good News
  • 11 days Big Oil Is Paying The Price For Investing In Renewables
  • 11 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 12 days Did Amazon Just Democratize Prescription Drugs?
  • 14 days The Private Space Race Just Got Very Real
  • 15 days Short Sellers Are Willing Big In This Turbulent Market
  • 17 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 18 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 18 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 19 days Black Friday Could Be Retailers’ Only Hope
  • 20 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
  • 21 days The Real Reason Why Uber And Lyft Stocks Have Soared Nearly 50%
  • 23 days Bitcoin Heads Towards $16,000 And No One’s Cashing In
  • 24 days Elon Musk’s $250 Tesla Tequila Is Already Sold Out
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