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Bitcoin Classes Will Begin at Texas A&M

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Bitcoin Classes
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A recent tweet by Associate Professor Korok Ray of Mays Business School at Texas A&M states that he will be teaching the “Bitcoin Protocol” course. The students in the College of Engineering and Mays Business School will learn how to “build a Bitcoin library from scratch”.

The classes are expected to begin from the Spring Semester that will start on January 17th, 2023.

In his tweet on January 13th, 2023, Ray noted that they will follow “Programming Bitcoin” by Jimmy Song — a Bitcoin Educator, and “build a Bitcoin library from scratch”. He further mentioned that this took months to get this class approved.

After this following announcement, Texas A&M became the latest United States College that is offering a Bitcoin course to some of its 74,000 students.

However, till now, there are no recent updates available about how many students have enrolled into this course from Ray’s side.

In addition, legal and regulatory implications of blockchain technology and cryptocurrency being taught at the United States colleges. While some universities such as Harvard University, Massachusetts Institute of Technology, Oxford University, National University of Singapore, Cornell University and University of California Berkeley are now offering cryptocurrency courses.

In summer 2022, The Bitcoin Academy, a series of classes for residents of Marcy Houses, program was launched which aims to provide education and empower the community with knowledge about the financial system of the future. This program received funding from Shawn “JAY-Z” Carter and Jack Dorsey.

The Rise of Bitcoin

This weekend, Bitcoin (BTC) smashed the $21,000 ceiling. This milestone came as the investors anticipated that BTC may have reached a low point and as concerns about inflation continue to drive interest in it. Last year in November BTC crossed $20,000 and then after almost two months the coin is trading above the range of $20,000.

Source: CoinMarketCap

The above graph shows the graphic representation of Bitcoin in the last three months. At press time, the trading price of Bitcoin is $20,698 with a 24-hour trading volume of almost  $28.09 Billion. But it is down 1.11% in the last 24 hours with the market cap of around $398.70 Billion.

One of the corporate holders of Bitcoin are MicroStrategy (MSTR) which has by far the largest Bitcoin portfolio held by any publicly-traded company. It adopted Bitcoin as its primary reserve asset and aggressively bought it through 2021 and 2022. And as of August 30th, 2022, it had around 129k Bitcoin in its reserve that is equivalent to just over $2.5 Billion, according to CoinMarketCap.

MicroStrategy purchased around 2,395 Bitcoins for $42.8 Million between November 1st, 2022 and December 21st, 2022 through its MacroStrategy subsidiary, according to a filing with the Securities and Exchange Commission.

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