Digital currency like Bitcoin is no longer limited to the world of investment or technology, but now it is also entering the education sector. Scotland’s Lomond Faculty will take tuition fees from students from new semester in Bitcoin. With this, it has become the first school in the United Kingdom (UK) to accept Bitcoin as fees.
Before Russia and China use Bitcoin for their trade payment Has started doing.
Students preparing for future
This decision of Lomond Faculty is not just a new way of payment, but it is also a part of their teaching system. The school reported that it is incorporating the concept of “Sound Money Principal” from the Austrian School of Economics in his course.
The school believes that Bitcoin is a tool available to every person who wants to understand and learn it. This will give students a chance to understand subjects like Finance, Technology, Ethics and Innovation with Real Life Examination.
At present, the school will only accept Bitcoin and as soon as the payment comes, it will be converted to the local currency (Fiat Money). But later the school can also consider creating a Bitcoin Treasury with the advice of its community.
Bitcoin is slowly entering education system
Lomond Faculty is not alone who is step in this direction. Many schools and universities around the world are now teaching Bitcoin and some are also using it as an investment option.
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In 2022, the University of Cincinnati included topics such as Crypto and Web 3 Technology in its course.
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In 2023, an organization called “Mi Primer Bitcoin” has launched a course about Bitcoin in schools in collaboration with the government of El Salvador.
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In 2024, the University of Vayaming began a Bitcoin Analysis Institute to deep study on Bitcoin.
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In February 2025, the University of Austin invested $ 5 million out of his funds to get benefits from digital assets.
Decision to create USA’s Strategic Bitcoin Keep Cryptocurrency since taking Global accens of and rapidly growing,
Why Bitcoin is being liked amid growing inflation
The announcement of Lomond Faculty is part of a global trend. Nowadays many institutions are considering Bitcoin a way to avoid inflation. When traditional banking system or currency starts to weaken, people turn to digital currency that are globally accepted, limited and which the government cannot control.
Conclusion
This step of Lomond Faculty shows that now Bitcoin is no longer the thing of investors and tech experts. It is now becoming a part of the students’ classroom and school policy. In the coming time, more schools and universities can follow this path. With this, students will not only get financial knowledge, but they will also be able to be prepared more well for the changing world.
