Posted December 21, 2020 09:15:25A recent poll of teachers at the UK’s top public school revealed that most students were more concerned with their school’s quality than the value of their bitcoin.
The survey of 7,000 teachers at Kew and Bow in London revealed that one in five teachers said they are worried about their school becoming the next BitCoin.
The results came after the school announced it would start accepting bitcoins for payments.
The school has been testing the technology, known as blockchain, on its students since 2015, and is now testing it on its online learning platforms, which is also where the Bitcoin has been accepted for payment.
The report by Kew Education Institute also revealed that the majority of teachers had not heard of the cryptocurrency before, but the report shows that the wider education sector is now using blockchain technology for their own education.
“As more and more schools use this technology for lessons, we have to be careful not to forget that the digital currency itself is still a valuable resource that can be used for learning and that we should not take it for granted,” said Dr. Alex Bove, the director of the Kew Institute for Higher Education.
“We have to make sure we educate teachers about the potential and benefits of this technology and not over-react to its value,” he added.
The technology is already used in the private sector and the UK government is planning to use the technology for its digital payments.
However, the new school survey shows that teachers are also worried about the risks involved in accepting the cryptocurrency.
“In many schools, teachers are not aware of the implications of accepting bitcoins,” said the Kews report.
“Many teachers are worried that the technology will become used by criminals or terrorists, or that the cryptocurrency will be stolen or traded.
These risks could result in a rise in the price of the digital currencies, which could negatively impact students and the wider economy.”
In the report, teachers were also asked how they would react to a “potential terrorist attack or cyberattack”.
“Some teachers may feel uncomfortable accepting the currency because of the potential for a loss of livelihood,” the report said.
“The risks of accepting a cryptocurrency are likely to outweigh the benefits, but teachers may also be concerned about how it could affect their ability to teach.”
Teachers may also feel that accepting bitcoins is not something that they should accept in the same circumstances as accepting any other payment or payment method, such as a credit card,” the KEW report said.”
“Teacher-led lessons may be used to teach students how to use technology to enhance learning, but many teachers also find this approach too limiting, as it may be more time consuming and costly than other methods.”
This could lead to a loss in teacher skills, as some may not be able to effectively teach new students,” the survey concluded.
This is the second time that the KSW has revealed that students are taking bitcoin for their education.
Last year, the school also announced that it was testing the potential of blockchain technology in the classroom.
The Kew school said it was the first public school to accept bitcoins for its lessons, which will be taught in partnership with BitCoin Education, a private company that offers free education to schools in the UK.
The cryptocurrency has been used for payment for more than 10 years, and many educators believe that its use will expand to other education spaces as the technology becomes more widely used.”
The technology has been around for a long time and we think it’s only a matter of time before we see it adopted in schools,” said Bove.”
I think it will become a huge tool in the future of education.