- The program lists 16 areas of financial literacy courses, with cryptocurrency at the 16th, to be studied by the high-schoolers.
- In 2019, France implemented a module to include Bitcoin and cryptocurrency in high-school education.
- Cryptocurrency’s inclusion in the school curriculum signifies its recognition and marks another step towards its mainstream adoption.
Early last week, the Georgia House of Representatives passed a bill to implement a financial literacy-based study program. To offer a more well-rounded financial education to the students. This will include Bitcoin and cryptocurrencies as a curriculum in high schools.
Bill & what it states
On 8th March, by a vote of 169-2, the new bill passed Georgia’s lower chamber. Not less than six Republican candidates sponsored the bill and, for further deliberation, was then sent to the Senate. The program outlines 16 areas of financial literacy courses to be studied by the high-schoolers in tenth or eleventh grade.
Cryptocurrency has acquired the 16th position on the list among other traditional topics like balancing a checkbook, investing, money management, loan applications, and tax assessments. Given crypto’s such low position, it might not include the most comprehensive overview. However, the fact that it got a position itself marks another step towards its mass adoption.
When France Recognized Crypto
Yes, it’s a major change. Yet, it’s not the first time cryptocurrency was recognized and included in the school curriculum. In 2019, the French education ministry implemented a module stating Bitcoin and cryptocurrency programmes to be included and taught in high schools of the country.
Implemented much before the volcanic rise of public interest and participation in the crypto-market, the module’s idea was to provide a basic knowledge of cryptocurrency concerning the traditional financial world.
How it Affects Crypto and the World
Even after gathering data from varied sources, some people still don’t get a clear picture of cryptocurrency and are intimidated by its volatility due to a lack of absolute information. Teaching crypto at the high school level will help them avoid the drawbacks of misinformation or incomplete information and will also play a huge part in preparing the youngsters to develop a strong footing in the world of independent finance and gradually gain self-confidence and independence in their economic decisions after school.
Even slow, the inclusion of cryptocurrency in the school curriculum signifies its recognition as an industry important enough for its mainstream adoption.
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