In a new bill passed by the Georgia house of representatives in the US, the education board was tasked to create a new financial literacy program to be added to the high school curriculum. This program outlines 16 areas of financial literacy that includes subjects such as balancing a checkbook, investing, money management, loan applications, and tax assessments.
This is a great step forward as financial literacy, as important as it is, has been a lagging part of traditional education. Although, this is not the first time cryptocurrency was added to a high school curriculum. In 2019, the French education ministry implemented a Bitcoin and cryptocurrency module to its high school curriculum.
The module was designed to give students a basic knowledge of cryptocurrency in relation to the traditional financial world. The module pushed students to answer questions such as “Is Bitcoin the currency of the future?”, “Can Bitcoin replace the Euro?” and “Do you have trust in your currency?”.
Victor Nnadi is an Independent Economics Researcher and a Securities Trader.