Bitcoin classes: Over 60% of parents want their children to learn crypto in school
Bitcoin, metaverse and NFTs are the talk of the town these days, but how much do you think it would help our kids if they knew about this?
A recent survey including more than 800 parents and 200 college graduates in the United States was conducted to gain a greater perspective and understanding of the value of a crypto education.
According to a poll conducted by the educational portal Study.com, more than 60 percent of American parents want their children to take bitcoin and other crypto programs in high school.
Bitcoin must be part of the curriculum
The survey revealed that 64 percent of 884 American parents and 67 percent of 210 American college graduates feel that cryptocurrency should be mandatory in schools.
All interviewees were vetted to ensure they had at least a basic understanding of cryptocurrencies, the blockchain and the metaverse.
The American education system is constantly adapting to new innovations and adapting to meet the demands of a developing economy.
As this progresses, it is important to look more closely at which courses the students should take in order to increase their prospects for a higher standard of living after graduation.
67 percent of students who participated in the study reported holding crypto assets and contributing an average of $1,086 to their education using digital currency earnings.
Using Student Loans to Invest in Bitcoin
Based on the findings of an Investopedia survey, the increased interest of students in cryptocurrencies aligns with this trend. It was discovered that one in five students used their student loan funds to invest in cryptocurrency instead of unemployment benefits and other necessities.
According to the Pew Research Center, approximately 16% of Americans have invested in or traded cryptocurrencies, while over 88% of US residents have heard of crypto.
Meanwhile, some community leaders, such as New York City Mayor Eric Adams, are already spearheading initiatives to incorporate cryptocurrencies into the classroom.
Top US universities are keen on crypto
The mayor believes that educational institutions should teach children about cryptocurrencies and blockchains since they represent a new approach to thinking and a ground-breaking method of payment.
Union Catholic High School began teaching its students about cryptocurrency as early as 2018. The focus of the class was on the history of cryptography and blockchain technology.
Conversely, several of America’s top institutes have already included blockchain and cryptocurrency in their curricula. They include prestigious universities such as Harvard University, Oxford University and MIT.
BTC total market cap at $414 billion on the daily chart | Source: TradingView.com Featured image from Paxful, chart from TradingView.com