Commentary Eric Adams, the mayor of New York City, believes schools and colleges across the land should add cryptocurrency to future curriculums. Bitcoin, in his opinion, is “the new way of paying for goods and services throughout the entire globe.” It’s not, and, in all likelihood, it never will be. Try buying a loaf of bread with bitcoin; chances are you’ll find it difficult, if not impossible. Until ordinary people can buy everyday items with the world’s premium cryptocurrency, bitcoin will remain more of a plaything for the super-wealthy than something of actual substance. However, we shouldn’t throw out the baby with the bitcoin bathwater. Blockchain, the underlying technology behind the world’s most popular cryptocurrency, should be taught in schools and colleges across the land. Let me explain why. First, we must ask: what exactly is blockchain technology? A blockchain is a distributed software network that acts as a digital …
Chinese Universities Embrace Blockchain Technology–Should US Universities Do Likewise?
March 29, 2022
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