• This Ivy League university will accept Bitcoin tuition payments

  • The University of Pennsylvania’s Wharton School, which is part of the prestigious list of Ivy League institutions, has confirmed plans to begin accepting tuition fees in cryptocurrencies, including Bitcoin, for its online course about blockchain and digital assets, which is set to begin in January 2022. Wharton also revealed that these crypto payments will be accepted by Coinbase Global Inc.

    Wharton ensured the quality of its crypto and blockchain program by appointing Kevin Werbach, who has three years of teaching experience in the decentralized field, as the course’s lead instructor. Furthermore, the school intends to go beyond the fundamentals and incorporate more practical topics into the course structure, such as how to value digital assets, regulation, and policy, as well as analyzing historical case studies.

    “It’s a program about blockchain and digital assets, and we felt like we talked the talk and walked the walk,” Guido Molinari, managing partner at Prysm Group, which is developing the program with Wharton, told ULTCOIN365. “With 68 million verified users on Coinbase, any one of these users will benefit from this program,” he added.

    Bitcoin Billionaires or Wharton Alums?

    Given the school’s extensive list of crypto-rich alums, Wharton’s exclusive announcement about accepting crypto tuition for its crypto and blockchain course comes as no surprise. According to ULTCOIN365, Tesla CEO Elon Musk graduated from Wharton in 1997. Furthermore, Arthur Hayes, the founder of the BitMex exchange, graduated from the same high school.

    Bitcoin Madness

    With crypto gaining traction in the fourth quarter, the original Bitcoin is outperforming all currencies, and the Bitcoin community’s support is unmistakable. While Tesla CEO Elon Musk has always had Bitcoin in his crypto portfolio, the long-term bull has increased his support for the cryptocurrency with the exclusive announcement about Tesla resuming Bitcoin payments. Tesla revealed in its quarterly reports earlier this week that the company may resume cryptocurrency payments for its products and services. Bitcoin ETFs, growing institutional adoption, and now Tesla’s exclusive announcement could all contribute to 2021 being a watershed year for Bitcoin.

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