Why Digital Currency Should be Taught in School

From the Perspective of a Student
By 
Coin Cloud Team
, published on 
January 28, 2021
Why Digital Currency Should be Taught in School

One of the biggest complaints that you hear from students nowadays is, “Why aren’t we learning real-world things?” In other words, whether jokingly or seriously, almost every student has complained about not being taught how the stock market, taxes, or money in general works (amongst other skills we need in real life).

To combat this, a student could take business or finance classes and get the fundamentals. They might learn something about the stock market or the origins of fiat, but there are certain topics these classes usually don’t teach. Like cryptocurrency.

Crypto in Business School?

I am currently a senior in high school, and I have to say that I’ve learned more about “real world” things working at Coin Cloud than I have in a lot of these business classes. The primary reason for this is the nature of the work.

To elaborate, working at Coin Cloud has given me a base, and eventually more extensive, understanding of digital currency. This includes a range of information like what virtual currency is and how to buy it. And they never even touched on that in the three business classes I’ve taken so far. But that’s not all I’ve learned at Coin Cloud.

Crypto and Governments

Studying digital currency does more than teach you how to invest in Bitcoin. From learning about crypto, I’ve also learned more about the American government. Because the concept of cryptocurrency is so new, and since it could significantly impact how we treat money, the government is actively responding to it.

To understand the nature of virtual currency and how it’s different from fiat, you also have to learn a lot about the history of money and the origins of things like mining crypto. So you have to understand the banking system and how it reacts to various currencies and assets. Understanding more about crypto helps me understand how various governments treat the market and currency in general.

Crypto and Internet Safety

On top of all this, working in the digital currency realm has taught me a lot about web safety. When learning about crypto, you also have to learn about encryption, a.k.a. protecting your digital information. This is something we should have started implementing into education a long time ago. With the constant use of phones and online shopping among youth, digital safety is more important than ever.

Taking it even further, learning about virtual currency also teaches you a lot about specific programming techniques and how online communities work together on projects.

All together, learning about cryptocurrency teaches a student a lot more than just what Bitcoin is. It gives them a foundation for a lot of other things that will help them later in life. I wish I had been taught about cryptocurrency in school for all of these reasons, and I hope future students will be.

Disclaimer: The information and views supplied on the Coin Cloud blog are for educational and entertainment purposes only. We are not financial advisors, so please do your research and consult with a trusted financial specialist before investing your money.

What is Coin Cloud?

Founded in 2014 in Las Vegas, Nevada, Coin Cloud is the leading digital currency machine (DCM) operator. With over 4,500 locations nationwide, in 48 states and Brazil, Coin Cloud operates the world’s largest and fastest-growing network of 100% two-way DCMs, a more advanced version of the Bitcoin ATM. Every Coin Cloud DCM empowers you to quickly and easily buy and sell over 40 cryptocurrency options with cash.

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