Scotland's Lomond School accepts Bitcoin for tuition payments, a first in the UK

The Lomond School in Scotland will accept Bitcoin (BTC) tuition payments beginning in the Autumn semester of 2025, making it the first school in the United Kingdom to do so. Accepting Bitcoin is part of the school's plan to integrate “sound money principles” from the Austrian School of Economics into the curriculum to "prepare students for the uncertain future,” the announcement reads, adding:"Bitcoin is available to anyone willing to learn — making it more democratic and inclusive, particularly for people in developing nations who lack access to traditional banking. Lomond sees Bitcoin as a perfect real-world case study in economics, computing, ethics, and innovation. "The school has no plans to accept other cryptocurrencies, and will convert the BTC to fiat currency immediately, according to the announcement source: https://cointelegraph.com/news/lomond-school-accepts-bitcoin-tuition-payments-first-uk?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound