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TRENDING Top US Colleges Begin Offering Bitcoin Courses USD 2.81% ▲ $487.87 CNY 2.89% ▲ ¥2,997.40 EUR €376.67 GBP £298.34 Tweet 398 Share 34 292 points NEWS Top US Colleges Begin Offering Bitcoin Courses Joon Ian Wong ( @joonian) | Published on September 4, 2014 at 11:24 BST Two top-ranked US universities, New York University and Duke University, are offering courses on cryptocurrencies for the first time. Professor Geoffrey Miller taught the first class of NYU’s new course, The Law and Business of Bitcoin and Other Cryptocurrencies , yesterday. 35 students attended the session – the first in a series of 14 – which covered the fundamentals of money. Miller, a faculty member at NYU’s law school, teaches the course with Professor David Yermack, who is on the faculty of the university’s business school. Yermack says the course aims to examine the impact of cryptocurrencies on the fundamental principles that underpin current notions of law and finance. “The course is not so much about teaching a knowledge of bitcoin, but it’s to show how some of the issues about property, finance and contracts are going to change very quickly in the next century. The technology is forcing people to reexamine long-held assumptions.” Blockbuster class Yermack and Miller are joined by Duke University Finance Professor Campbell Harvey, who is preparing a course on cryptocurrencies that will be offered to students next spring. Both schools at NYU and Duke are ranked in the top 10 of their respective categories in the US News and World Report college rankings. Notably, Coinbase co-founder Fred Ehrsam graduated from Duke in 2010. Harvey’s course at Duke is titled Innovation, Disruption and Cryptoventures and will FEATURES Why New Forms of Spam Could Bloat Bitcoin's Block Chain Why Bitcoin's Gambling Boom is Only Just Getting Started 3 Forces Shaping Next-Generation Bitcoin Exchanges The Short-Term View on Bitcoin Remittances 5 US States Poised to Promote Bitcoin- Friendly Regulation BITCOIN PRICE INDEX (24H) $492 $483 $474 Search 225 Share 83 DAILY BITCOIN NEWS Don't miss a single story - subscribe now! Email Address SUBSCRIBE MUST READ MOST POPULAR Google Analyst: Bitcoin Could Be ‘The Internet of Money’ DigitalTangible Launches Crypto 2.0-Powered Gold and Bitcoin Market Indonesian Project Makes Bitcoin Available at 10,000 Stores HOME PRICE DATA NEWS INFORMATION
Transcript of $487.87 ¥2,997charvey/Media/2014/CD_September_4_2014.pdf · 2.0-Powered Gold and Bitcoin Market...
TRENDING
Top US Colleges Begin
Offering Bitcoin Courses
USD 2.81% ▲
$487.87CNY 2.89% ▲
¥2,997.40EUR €376.67 GBP £298.34
Tweet 398 Share 34 292 points
NEWS
Top US Colleges Begin OfferingBitcoin CoursesJoon Ian Wong (@joonian) | Published on September 4, 2014 at 11:24 BST
Two top-ranked US universities, New
York University and Duke University, are
offering courses on cryptocurrencies for
the first time.
Professor Geoffrey Miller taught the first
class of NYU’s new course, The Law and
Business of Bitcoin and Other
Cryptocurrencies, yesterday. 35 students
attended the session – the first in a series of 14 – which covered the fundamentals of
money.
Miller, a faculty member at NYU’s law school, teaches the course with Professor David
Yermack, who is on the faculty of the university’s business school.
Yermack says the course aims to examine the impact of cryptocurrencies on the
fundamental principles that underpin current notions of law and finance.
“The course is not so much about teaching a knowledge of bitcoin, but
it’s to show how some of the issues about property, finance and contracts
are going to change very quickly in the next century. The technology is
forcing people to reexamine long-held assumptions.”
Blockbuster class
Yermack and Miller are joined by Duke University Finance Professor Campbell
Harvey, who is preparing a course on cryptocurrencies that will be offered to students
next spring.
Both schools at NYU and Duke are ranked in the top 10 of their respective categories
in the US News and World Report college rankings. Notably, Coinbase co-founder
Fred Ehrsam graduated from Duke in 2010.
Harvey’s course at Duke is titled Innovation, Disruption and Cryptoventures and will
FEATURES
Why New Forms of
Spam Could Bloat
Bitcoin's Block Chain
Why Bitcoin's
Gambling Boom is
Only Just Getting
Started
3 Forces Shaping
Next-Generation
Bitcoin Exchanges
The Short-Term
View on Bitcoin
Remittances
5 US States Poised
to Promote Bitcoin-
Friendly Regulation
BITCOIN PRICE INDEX
(24H)
$492
$483
$474
� � � � Search �
225 Share 83
DAILY BITCOIN NEWS
Don't miss a single story - subscribe now!
Email Address SUBSCRIBE
MUST READ MOST POPULAR
Google Analyst: Bitcoin Could Be
‘The Internet of Money’
DigitalTangible Launches Crypto
2.0-Powered Gold and Bitcoin
Market
Indonesian Project Makes Bitcoin
Available at 10,000 Stores
HOME PRICE
DATA
NEWS
INFORMATION
Tweet 398 Share 34 292 points
focus on the potential of businesses that use the block chain.
The course will be offered to students at Duke’s computer science department and its
law and business schools. Harvey is confident that the course will be a hit with
students.
He said:
“I think it’s going to be a blockbuster. The problem will be turning people
away.”
For Yermack, teaching a course on bitcoin is a departure from a career spent studying
corporate governance and executive compensation issues.
Last autumn, he gave an impromptu speech about bitcoin at a finance conference in
Puerto Rico, having “torn up” his original keynote address as the bitcoin price soared.
“It was very well received. The phones kept ringing after that, and I haven’t really
been able to research much else since,” he said.
Academics need to step up
Even as the NYU and Duke professors gear up with new digital currency classes, they
say that not enough academics are currently engaged in research on cryptocurrencies.
Yermack said that coming up with a syllabus for his course was challenging, due to the
small number of published peer-reviewed articles on bitcoin.
Similarly, Harvey said that the block chain’s potential is stifled by a lack of basic
understanding of its potential uses, and that it is up to academics to “step up” and
present the information.
He added:
“It’s clear that [cryptocurrencies are] not going to go away, and they
might morph into something a little different than what we see today.”
Notably, several other universities already offer degree courses and other
programmes around bitcoin. The University of Nicosia in Cyprus offers a masters in
digital currency while the UK’s University of Cumbria offers two certificates on
cryptocurrencies.
Featured image via n0thing / Flickr
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ALSO ON COINDESK WHAT'S THIS?
4 Comments CoinDesk Login
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• Reply •
Jared Boice • 5 hours ago
"...it’s to show how some of the issues about property, finance and contracts
are going to change very quickly in the next century."
Understatement of the century! Pun intended. More like things are going to
change very quickly over the next few years in this decade. Anyone who thinks
systemic changes will take 100 years isn't paying close enough attention.
4△ ▽
• Reply •
http://BTC.Blue • 2 hours ago> Jared Boice
Change we can believe in. =D
2△ ▽
• Reply •
Daniel Richardson • 2 hours ago> Jared Boice
I find it funny that its the NY uni doing this as well ha ha. What are they
going to teach? How the bit licence works ha ha
Seriously, ifnyou want to waste your time at uni this is the perfect
course. Its still beta technology yet someone somewhere is claiming to
do a full term education course on it? Were somewhere where humans
have never been. Not having to rely on msm, politicians and banks.
Everyone (including g the 6.5 billion unbanked) have a say and true
capitalism at work once more.
It god darn beautiful :-)
△ ▽
• Reply •
vortex • an hour ago
It's true what Daniel said in the comments here already but at the same time I
really want to see more education out there about bitcoin. Andreas is launching
his book soon which I think will have a huge impact and allow many other
bitcoin authors to get busy. There is now even a certification program at
cryptoconsortium dot org. So I think the education space will and should heat
up in the coming months.
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