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I also discover it not easy to think individuals will desire to spend tuition in Bitcoin. Most prospective buyers of crypto want to carry it for capital appreciation and being an inflation hedge, identical to Thorsten. Why would customers use their holdings to pay for programs, logging taxable cash gains now?

Paul is true that cryptocurrency is simply too risky for being of stability-sheet quality. If Ivory Tower needs an inflation hedge, several alternate options—gold and real estate property, by way of example—are much less dangerous. In addition, managing Bitcoin transactions and custody would require the finance Office to build entirely new capabilities, for instance safe storage for Bitcoin keys, and it’s unclear that that would be a great utilization of personnel time.

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