Georgia passes a bill to teach high school students about crypto

Georgia passes a bill to teach high school students about crypto
фото показано с : invezz.com

2021-3-13 19:24

The Georgia House of Representatives has passed a bill that will see state education officers introduce crypto studies in the high school curriculum. A report unveiled this news on March 12, noting that the lower chamber of Georgia passed this bill on March 8. Out of the 171 representatives, only two voted against the bill. Reportedly, six Republican candidates sponsored this bill on March 1, and public records indicate that it has been forwarded to the Senate for further consideration.

The bill notes,

The State Board of Education shall prescribe a program of study in personal financial literacy to be completed by students during high school.

According to the report, the bill aims to amend the current curriculum for 10th and 11th-grade students. The new program would consist of 16 new areas of financial literacy such as cryptocurrency, balancing a checking account, money management, making investments, and completing loan applications, among other traditional subjects.

Once the bill becomes law, each local board of education will have to implement the minimum program of study prescribed beginning in the 2021-2022 school year. The bill went on to note that such a program of study may be provided within the framework of existing coursework offered by a local school system.

Institutions are increasingly becoming more aware of crypto

With Bitcoin’s increasing popularity among corporate and individual investors, educational institutions have started catching on by offering students blockchain and crypto courses. While several universities are already offering such courses, they have not sufficiently made their way into high school programs yet. Apart from Georgia, the French Education Ministry announced the incorporation of Bitcoin into the high school curriculum in 2019.

At the time, the ministry said that introducing Bitcoin in the curriculum could help students better understand the characteristics of money. The course was designed to impart basic crypto knowledge to students while highlighting the differences between the nascent asset class and the traditional financial world. It allegedly directed students to answer questions such as Is Bitcoin the currency of the future? Can Bitcoin replace the Euro? and Do you have trust in your currency?

While state-level education institutions are trying to play catch-up with the rapidly expanding crypto sector, some parents have taken the initiative to teach their toddlers about crypto. One such example is of three-year-old Lily Knight, who spoke at the Online Women of the Future Crypto and Blockchain conference on International Women’s Day.

The post Georgia passes a bill to teach high school students about crypto appeared first on Invezz.

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