One of the largest universities in the United States offers a very special curriculum: lessons on Bitcoin. So says Professor Korok Ray, who wants to teach the students everything about Bitcoin.
The professor spoke up Twitter that he has a first and will be the first to teach Bitcoin at Texas A&M. Texas A&M is a public research university located in College Station, Texas. It is the face of the Texas A&M University system.
The lesson pack focuses on the Bitcoin protocol
There are hundreds of courses offered online, each sexier than the next. They all promise you that you can get rich by learning how to trade. With beautiful pictures of exotic places and expensive cars, the influencers promise you mountains of (digital) gold.
Korok Ray’s lessons have nothing to do with trading, reading charts and how to generate profits. His curriculum is called ‘Bitcoin Protocol’ and is for students from the College of Engineering and the Mays Business School. The first classes start on Tuesday 17 January, when the new semester starts.
Convince the school about the importance of Bitcoin
Ray shared his plans through a 4-part thread on Twitter. He says they will follow Jimmy Song’s book Programming Bitcoin to see what Bitcoin’s protocol looks like. Students learn to “build a Bitcoin library from scratch.”
The professor added that it took him a lot of effort and time to get this curriculum approved. Ray spent months convincing the school’s relevant curriculum committee.
Bitcoin helps with financial literacy
Education can become an important pillar for the normalization of Bitcoin and cryptocurrency. Learning about Bitcoin increases financial knowledge. Bitcoin interfaces with finance, economics, philosophy, programming and is a great teacher of how unfair the world is.
The more knowledge that is available, the less discussions will hopefully start with crypto being just speculation. Crypto is too quickly and too often dismissed as speculation, something with no intrinsic value.
But that is a naive and ill-informed point of view. Hopefully, Korok Ray’s teachings will help a new generation of college students gain more understanding of the unknown.
Jay-Z and Jack Dorsey start Bitcoin Academy
Jay-Z and Jack Dorsey launched The Bitcoin Academy last summer with special classes for kids ages 5 to 17. The academy classes are free and offered both online and offline.
These kinds of initiatives are important for crypto to reinvigorate financial education in classrooms and hopefully go beyond telling young people who Satoshi Nakamoto is.
It is understandable that schools and universities are hesitant to teach about crypto. Unfortunately, Crypto has a perception that it is nothing more than gambling or a high-risk investment, and it will take time to change this.
Kids learn about crypto without naming crypto
But at the same time, it is essential to teach children something about crypto. Current education models are not designed to prepare children for certain aspects of the digital world in which they find themselves.
Elementary school students and teenagers don’t need to understand what a blockchain is or master the nuances between Proof-of-Work and Proof-of-Stake. But practical lessons can be given that focus on the concepts they already understand.
Kids are already using their money to buy digital assets. These expenses take place in digital game worlds such as Roblox or Fortnite.
It’s only a matter of time before some smart company convinces the kids that their NFT collection is the new Flippos and a collecting craze begins. So it is useful if schools, but also definitely parents, can talk about this and give children the right tools to make good decisions.