Two-Thirds of American Parents Desire Crypto Education for Children

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The world’s interest in digital currencies is touching new heights. It is because newer technologies are always appearing on the digital landscape. As a result, American parents are clamoring for some amendments in the school curricula. They believe that their children should graduate, with knowledge of cryptocurrencies at their fingertips.

The Statistics Speak for Themselves

A survey by study.com provides detailed statistics about parental interest in virtual currencies.

The Crypto Curriculum

Around 64% of parents in the U.S., believe that crypto education should begin at school, itself. The remaining parents agree, but feel that study of blockchain technologies is equally important. 

At the same time, just about 25% of parents would like information about NFTs (non-fungible tokens) to be included, too. The rest feet that NFTs are not particularly important, and may be studied later. Then again, 35% of parents desire their children to have an acquaintance with the Metaverse too. 

Stage for Crypto Education

Around 19% of fathers and mothers feel that the middle-school years are best for introducing this subject. However, 24% prefer the high-school years. 

Around 28% of parents express the opinion that study of design is not as important as the study of digital assets is. Swapping of subjects, such as art history and architecture, has been suggested by 26% of the respondents. 

The answer to this immense interest in cryptocurrencies, has been provided by 68% of mothers and fathers. They are investors. They admit that they have been using the profits garnered from their investments, towards their respective children’s future education. On an average, the individual amount is $766. 

Opinions of College Graduates

An astounding 86% of college graduates deem it important to have knowledge about virtual currencies. True, it is possible to gain informal education from crypto engine., the most intelligent guide on investment and trading. However, these graduates prefer to have formal education too, with a streamlined curriculum. 

This way, they will be able to learn about novel innovations in the technical arena, too. Above all, they believe that having such knowledge is far more vital than possessing an average/ordinary college degree.

Regarding the best time to learn about cryptocurrencies, around 67% state that the schooling years are the best. Around 36% feel that this education should be a combination of dealing with digital currencies, and blockchain technology. Then again, one-third of college graduates encourage schools to talk about the Metaverse, too. However, they are not too keen on NFTs. Thus, many college graduates seem to have similar opinions to those expressed by the parents of school going children.

The Mayor’s Views

Eric Adams was appointed as the mayor of New York City, some time ago. NYC has the nickname of Big Apple. Adams decided that he would go all out to turn this place into a hub for cryptocurrencies and blockchains. 

He is also keen to initiate amendments in the existing educational system. He has mooted the idea that the U.S. authorities should make digital assets a part of school curriculum. This way, the younger generation may study and comprehend the merits of the digital assets sector.

He opines that cryptocurrencies are a novel method to pay for services and goods, across the globe. Therefore, it is important for youngsters to learn about them. It is equally important to understand about the technology underlying the development and operations of virtual currencies.

The mayor is all for encouraging schools to provide information about this technology. He wants children to understand and appreciate the world’s changing mindset. They should know about this new method of paying for services and goods. 

Best of all, Adams has declared that he would accept Bitcoin, in lieu of hard cash (American dollars), during his first three months in office. In other words, his paychecks would send cryptocurrencies into his account, instead of fiat currencies. 

Joyce Serido agrees with the above-mentioned views. She is an associate professor at the University of Minnesota. She is also the extension specialist of family social science. Her specialty is financial parenting. She believes that young people should understand the concepts of money and currencies. Only then, will they value the concept of purchasing power. In turn, this will lay the foundation for grasping all knowledge about cryptocurrencies.

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