Two thirds of crypto-savvy US parents want crypto school lessons

But crypto-educated parents less enthusiastic about teaching children about NFTs and the metaverse

Crypto tokens stand on edge in front of graphs on a chalkboard and piles of books                                 
Parents are calling for lessons in cryptocurrencies to become part of US school education – Photo: Shutterstock
                                

Two-thirds of parents in the United States with an understanding of or investment in the cryptocurrency sector believe it should be taught in schools so students can “learn about the future of our economy”.

Study.com publishes crypto education survey

A new study by the online education website Study.com found that 64% of parents and 67% of college graduates believed that cryptocurrencies should be part of mandatory education. 

A quarter of parents thought that non-fungible tokens (NFTs) should be taught, while 35% and 40% called for instruction about the metaverse and blockchain technology, respectively. 

The study also found that parents who were invested in cryptocurrencies had contributed $766 from their crypto profits to their children’s edutcation. For college graduates invested in crypto, nearly 80% had contributed an average of $1,086 to their education using crypto profits.

In order to verify that its survey results were genuine, Study.com screened respondents to ensure that they had an adequate knowledge of blockchain technology, NFTs, the metaverse and cryptocurrencies in general. Those who did not understand the subjects sufficiently were disqualified. 

In total 884 American parents and 210 American college graduates were surveyed. 

Pew study reveals mixed cryptocurrency investor sentiment

survey last year by research firm Pew found that 86% of Americans have heard of cryptocurrencies, while 16% of US residents have invested or traded cryptocurrencies. 

In a follow-up survey conducted in July this year, Pew also found the impact of the recent crypto winter on cryptocurrency investor sentiment. Only 15% of Americans said their crypto investments had done better than expected. In contrast, 46% of those invested in crypto admitted that it had done worse than expected. 

A number of universities in the US, such as Arizona State, MIT and Harvard have introduced introductory courses on blockchain technology and cryptocurrency applications. 

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