• 43 mins For American Businesses, The Fairy Tale Is Already Over
  • 4 hours Market Mayhem Sparks Worries Of A Looming Recession
  • 6 hours Closure Of World's Most Important Waterway Could Be An Economic Disaster
  • 22 hours Would You Give Up Your Privacy For A Few Bucks From Facebook?
  • 1 day The $3.2 Trillion Caspian Caper
  • 2 days The Billion-Dollar Brands Behind The Street Fashion Coup
  • 2 days Gold Miners See Massive Upside Potential As Precious Metals Climb
  • 3 days Colorado Rakes In $1 Billion In Pot Revenue
  • 3 days London Metals Exchange Bars Day Drinking On Trading Floor
  • 4 days Tax Cuts And Cheap Money Push The U.S. Budget Deficit Closer To The Edge
  • 4 days Fake “Made In Vietnam” Certificates On The Rise As China Looks To Skirt Tariffs
  • 4 days Kremlin Moves To Dump The Dollar
  • 4 days How Climate Change Could Lead To A Global Economic Crisis
  • 5 days What Happens When Beijing Is Biggest Owner Of US Debt?
  • 5 days Investors Are Betting Big On Boozeless Bars
  • 5 days Why China Won't Back Down In Trump's Trade War
  • 5 days Los Angeles Ports Are Overflowing With Inventory
  • 6 days Google Just Killed One Of Crypto’s Biggest News Sites
  • 6 days A Perfect Storm Is Brewing For Midwestern Farmers
  • 6 days Big Tech Bounces Back After Regulatory Worries
Crypto Firms Consolidate Amid Push For Legitimacy

Crypto Firms Consolidate Amid Push For Legitimacy

As cryptocurrency firms scramble to…

A Banner Year For Crypto Theft, Raking In $1.2 Billion

A Banner Year For Crypto Theft, Raking In $1.2 Billion

Crypto thieves have managed to…

Michael Kern

Michael Kern

Safehaven

Michael Kern is a newswriter and editor at Safehaven.com, Oilprice.com, and a writer at Crypto Insider. Michael has several years of experience covering cryptocurrencies, and…

Contact Author

  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