, 2022-05-19 20:52:00,

The campus of Bentley University in Waltham may seem like an unlikely place for a financial revolution, but the school is firmly in the midst of one.Bentley University announced this month it’ll be one of the first universities in the country to accept tuition payments in cryptocurrency.Bentley Junior Alex Kim said plenty of people told him it was foolish to invest all his savings in cryptocurrency. While it is risky, he argues, crypto is a sound investment.”I’ve been investing since high school. I’m still a holder. I’ve done pretty well for myself,” Kim said. “Curiosity took me over and I’d started to learn about all this, and I realized, I’m not investing in the stock or an ETF, rather, I’m investing in a new technology, a new software, a new innovation in the space,” Kim said. Kim has founded an on-campus cryptocurrency association, which successfully pushed for the creation of crypto finance classes at Bentley.”You know, I’m taking a gamble here, and I feel like I’m part of something really early right now,” Kim said. John Bettcher is the CEO of First Vector, a company that advises financial technology firms on cryptocurrency.”I think right now we really haven’t harnessed the value of cryptocurrency,” Bettcher said. “It’s very difficult to determine the value of Bitcoin because there’s nothing backing it, right?”That is what leads to wild price swings. Unlike traditional currency, dollars, pounds, euros, crypto is not backed by a government. So the price is simply a feature of supply and demand.”Right now, the price of Bitcoin, for example, is about $31,000 per Bitcoin,” Bettcher said. “It’s gone up to $60,000. There’s been some people who have said that this will go up to $100,000 or $200,000.”The technology behind crypto is called blockchain. It’s…

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