What’s Bitcoin?

David Duncan mugThose wishing to pay for their tuition fees using a digital currency may be in for a bit of a disappointment.

Academic Registrar David Duncan seemed baffled over the coinage plans of Cumbria University when it announced earlier this month that it would introduce Bitcoin to allow a small number of students to pay for their courses if they studied one of two degrees.

When we quizzed the senior university official over whether the digital currency would be adopted here, he asked:

“What’s that?”

Cumbria says it will introduce Bitcoin to allow students to pay their tuition fees if they study a Postgraduate Certificate in Sustainable Leadership or a Certificate of Achievement in Sustainable Exchange.

But it seems, from Mr. Duncan’s response, that bosses at York don’t seem in any rush to adopt similar plans, so unfortunately it means continuing trips to the bank or ongoing
direct debits.

3 thoughts on “What’s Bitcoin?

  1. You could’ve talked about how a computer science student was recently caught misusing uni computers to mine bitcoins, but that might have verged on an actual news story…

  2. This article doesn’t seem to answer the question that is in the headline. I still have no idea.

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