Scotland's Lomond School accepts Bitcoin for tuition payments, a first in the UK

Quick Summary:

Accepting Bitcoin is part of the school's plan to integrate “sound money principles” from the Austrian School of Economics into the curriculum to "prepare students for the uncertain future,” the announcement reads, adding:"Bitcoin is available to anyone willing to learn — making it more democratic and inclusive, particularly for people in developing nations who lack access to traditional banking.

Source: StatistaRelated: Swedish MP proposes Bitcoin reserve to finance ministerBitcoin slowly makes its way through the education systemBitcoin is now part of the curriculum in several schools and universities; some of these institutions have also adopted a BTC treasury strategy to protect reserves against the corrosive effects of inflation on purchasing power.

The Lomond School in Scotland will accept Bitcoin (BTC) tuition payments beginning in the Autumn semester of 2025, making it the first school in the United Kingdom to do so.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets: United StatesAustriaEl SalvadorUnited Kingdom

Topics: Fund Endowment Accept Lomond School University Education Curriculum Crypto Bitcoin Institutions

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 21:30:00 (2 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 350 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27796639

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