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Why do top schools teach blockchain despite skepticism?

Blockchain Education | Major Schools Pursue Controversial Trend

By

Maria Sanchez

May 22, 2025, 08:43 AM

Edited By

Ahmed Khoury

Updated

May 23, 2025, 10:39 AM

2 minutes reading time

A university classroom with students engaged in a lecture about blockchain technology.
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A growing debate is heating up regarding the legitimacy of blockchain technology, particularly as it relates to cryptocurrency. Despite ongoing skepticism, top-tier educational institutions like MIT and Berkeley continue to offer blockchain courses, raising questions about the actual utility of this technology.

Context and Significance

Recent discussions on various forums reflect a mix of curiosity and incredulity. One user asks, "If blockchain has a use case, simply state what the use case is." This sentiment captures a larger doubt about whether educational programs legitimize an inherently valuable technology or if they merely reflect market trends.

The Utility of Blockchain

Several points emerged from user comments:

  • Call for Clarity: Many people seek clear examples of blockchain implementations outside cryptocurrency transactions. Comments highlighted skepticism about claimed applications in logistics or digital ownership, pointing out a lack of successful real-world examples.

  • Curriculum Content: Commenters scrutinize the actual content of blockchain courses, indicating that they often cover fundamental computer science topics, like cryptography and data structures, rather than practical applications for cryptocurrencies.

  • Technological Potential: Despite the criticism regarding current use, some participants insisted blockchain technology itself isn't a scam. As one user pointed out, "Itโ€™s not useless or a scam as technology; itโ€™s just not convenient for general use with better alternatives already in place."

โ€œThere are legitimate educational topics but few practical cryptocurrency applications.โ€

Diverging Opinions on Educational Value

User sentiment varies:

  • Skepticism on Profitability: A commenter quipped that colleges offer courses based on what people will pay for, acknowledging the potential disconnect between educational offerings and actual utility. "They sell courses for money, but actual money."

  • Skill Development: Others argue that blockchain education provides valuable skills relevant to technology sectors, akin to fields like quantum computing.

  • Institutional Confidence: Comments suggest financial institutions' hesitance to embrace blockchain for practical application might indicate a broader adoption issue. โ€œI donโ€™t think most financial institutions have that liability on their balance sheet,โ€ noted a user, highlighting cautious attitudes toward incorporating cryptocurrency.

Key Insights

  • โ–ณ Over 100 universities have introduced courses on blockchain concepts.

  • โ–ผ Educational offerings donโ€™t guarantee practical applications for cryptocurrencies.

  • โ€ป โ€œBlockchain courses teach valuable skills, but the practical use cases remain in question.โ€

As discussions evolve, skepticism persists about whether educational initiatives truly reflect a promising future for blockchain application. Would clearer demonstrations of blockchainโ€™s capabilities reshape opinions?

Tomorrowโ€™s Expectations

Experts project that academic institutions will likely continue expanding blockchain offerings, striving to clarify the technology's potential beyond crypto. As blockchain evolves, financial institutions may gradually accept its use, leading to improved transparency and security in various systems.

Reflecting on Historical Parallels

This current situation mirrors the early stages of internet education, where businesses and institutions adapted as skepticism faded into widespread acceptance. With the same trajectory, blockchain could potentially shift from skepticism to legitimate implementation, redefining its place in education and industry as its true capabilities become more apparent.