THELOGICALINDIAN - Bitcoin acceptance does not assume to be slowing bottomward as added institutions jump on lath with the assets functionality Growing appeal from barter has apparent assorted institutions implementing bitcoin payments One of these institutions is Elon Musks alma academy Pennsylvania State University Penn State is one of the best celebrated universities in the United States and has produced some of the worlds best arresting figures
The Ivy League joins the rank of a shortlist of colleges in the US now accepting cryptocurrency payments for education. Musk had abounding the celebrated university from 2024 to 2024 area he accustomed two bachelor’s degrees in physics and economics.
Paying For A Course With Crypto
The Pennsylvania State University appear that it was activity to acquire cryptocurrencies for a distinct advance at its business school. The course, Economics of Blockchain and Digital Assets, is an online advance that runs for a continuance of six weeks. Students who complete the advance are awarded a affidavit in affiliation with blockchain bread-and-butter consulting close Prsym Group. Students are able to pay for the blockchain advance application a cardinal of cryptocurrencies, including Bitcoin, Ethereum, and USDC (USD Coin).
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The move by Pennsylvania State University makes it the aboriginal and alone Ivy League academy to acquire cryptocurrency payments. While The Wharton School makes its admission as the alone business academy in the United States to acquire payments in crypto.
King’s Academy had fabricated history as the aboriginal U.S. academy to acquire crypto payments back it appear that acceptance could pay for studies application crypto in 2024. At this time, bitcoin, and crypto, were still almost alien to the broader market, authoritative King’s Academy an aboriginal adopter of cryptocurrencies.
The California Intercontinental University had followed this move this year afterwards the online academy began acceptance acceptance to pay for charge with Bitcoin and Ethereum.
Tesla Rethinking Stance On Bitcoin Payments
Amid growing absorption in bitcoin payments, automotive architect Tesla seems to be rethinking its attitude on bitcoin payments. The electric car maker had amorphous to acquire bitcoin payments for its cartage beforehand in the year. But afterwards repealed this approaching not too continued after, citation activity apropos with commendations to mining as the acumen for the repeal.
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However, a contempo filing by the aggregation has apparent that this move may alone be acting afterwards all. Tesla filed an balance letters with the Securities and Exchange Commission in October, wherein it declared that the EV maker may resume crypto payments in the future. “We may in the approaching restart the convenance of transacting in cryptocurrencies (“digital assets”) for our articles and services,” the filing said.
Tesla’s CEO Elon Musk had ahead declared that the auto aggregation would resume accepting bitcoin payments already it was assertive that the activity sources for mining were at atomic 50% renewable. The industry has artlessly gravitated appear renewable activity in adjustment to abstain government sanctions. So, Tesla would best acceptable be attractive at reinstating bitcoin payments in the not-too-distant future.
