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‘Bitcoin Standard’ Author to Develop Austrian Economics Curriculum at UK’s Lomond School

by Dan K
Apr 13, 2025 - 7:27 pm
in Bitcoin
SEC crypto ETF rule enables in-kind redemptions for Bitcoin and Ether funds

Lomond School Joins Forces with Bitcoin Expert to Transform UK Education

Lomond School, a private school in Helensburgh, Scotland, set the news last year with the announcement that it would become the first school in the United Kingdom to accept Bitcoin. But that was just the beginning—the school has now linked up with internationally renowned Bitcoin economist and philosopher Dr. Saifedean Ammous, author of The Bitcoin Standard, to create an educational curriculum centered on Bitcoin and Austrian economics.

A Groundbreaking Curriculum with Global Reach

On April 12, in a tweet on X (formerly Twitter), Dr. Ammous posted that he would collaborate with Lomond School to develop a new curriculum based on Bitcoin and Austrian economic school.

“I’ll be collaborating with Lomond School to develop a curriculum for Bitcoin and Austrian economics,” Ammous stated. “Looking forward to making the content accessible globally.”.

The course will be expected to explore the Austrian economics principles—i.e., sound money, personal freedom, and market-driven innovation—while introducing Bitcoin as a real-world application of these concepts.

A First for the UK: Bitcoin as Tuition Payment

The announcement came hot on the heels of the news that Lomond School would begin accepting Bitcoin (BTC) for school fees from autumn term 2025, a significant UK education sector first.

The principal of the school, Claire Chisholm, was enthusiastic about the collaboration, stating she was “delighted to be working with Dr. Ammous” and appreciated the “positivity of the Bitcoin community.”

The Global Rise of Bitcoin in Education

This initiative is part of a broader global trend, with schools embracing Bitcoin both in the classroom and in their finances.

  • University of Nicosia (Cyprus) launched the first Master’s in Digital Currency in 2013.
  • NYU Stern School of Business (USA) launched one of the first U.S. Bitcoin courses in 2014.
  • Stanford University (USA) followed up with its own course on cryptocurrency in 2015.
  • In February 2025, the University of Austin rolled out a $5 million Bitcoin investment fund, supported by its $200 million endowment.
  • Emory University previously reported having more than $15 million in Bitcoin via Grayscale’s spot ETF.

These actions demonstrate an increasing understanding of Bitcoin as not only an asset class, but as a driver of economic and philosophical education.

A New Era for Financial Literacy in Schools

Lomond School’s embrace of Bitcoin for financial transactions and intellectual growth puts it at the vanguard of a new generation in education—one that encourages decentralized finance, economic education, and digital entrepreneurship.

When Dr. Ammous’ curriculum is developed, it could potentially be a model for other schools globally seeking to incorporate Bitcoin and traditional economic theory into the mainstream education.

Tags: Bitcoin
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

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