Major Academic Institution to Start Courses on Cryptocurrencies

Stern School of Business – well known New York University, has just declared that it is going through the making of an undergraduate course on cryptocurrencies.

These kind of movements from NYU were made even before back in 2014 entering the ecosystem while being the first to have ever provided a graduate course on virtual currencies

David Yermack – Department professor and leader of the [for the moment] going-on graduate level course will be also head of the new class.

In his remarks on the announcement, Yermack asserted the blockchain revolution is “probably as important as the introduction of double-entry bookkeeping,” also going on to say that there’s “enormous student interest [in the course], for the jobs it offers. ”

Indeed, the new class is poised to be a smashing success, as Yermack is moving his older grad course on cryptocurrencies into “our largest auditorium, with capacity for 350 students.” The undergrad class should be just as popular.

And no matter the speedy progresses that the crypto-world is going through and will be – the professor did announce he is more than prepared to keep right pace with the revolution:

“Year over year we’ll change well over half the course material. It keeps you young to be reading half the night just to keep up with the latest innovations.”

Very well fitting with the latest NYU development, various other prominent figure did state their view towards the crypto-space recently.

For example, Aswath Damodaran — the so-called “dean of valuation” for Wall Street — is a professor who runs a course on valuation at NYU’s Stern School of Business. Damodaran remarked in October that Bitcoin is a currency that “can only be priced against another currency,” with the professor going on to say that “bitcoin is not an asset, but a currency, and as such, you cannot value it or invest in it. You can only price it and trade it.”

The best way towards process development is developing oneself – and it seems like the blocktech has found it home for education and rigorous academic examination.