"The head of two Montessori schools in New York won't let parents pay by credit card - but he is accepting Bitcoin."
Bitcoin accepted at New York pre-school.
This is something really positive thing that bitcoin is being adopted where is a tech-savvy next generation. I am sure in next few years we are going to see such things happening in most of the countries.
There is a school in India which started accepting bitcoin way back in 2016.
This School Accepts Bitcoin !.
Woah, i have actuall ynever heard of the school that started to accept bitcoin in 2016. Thanks for sharing.
In my opinion, this is obviously going to be a source of publicity for bitcoin. Though whether it's good or bad, i'm not that sure. The school seems to be looking at bitcoin as a quick way to make money, and the tuition fees that they charge is absolutely ridiculous anyways.
The whole thing is probably just a publicity stunt, to get this sense of prestigious feeling for school parents. He brings up some good points as to why he chose to start accepting bitcoin, but all of them seems to be contradictory when he said that he would be not holding bitcoin directly, but rather converting into fiat straightaway. As a bitcoiner, i believe that you should at least hold 50% of all your income in bitcoin if you're getting paid in bitcoin, and not convert the whole sum into fiat.