Private preschoolers in New York will accept Bitcoins for tuition payment

If we could already buy from food to giftcards, very soon we can use it to pay anything. On this occasion, a group of preschools in New York decided to accept bitcoins so that parents who use this cryptocoin may have another option of payment.

This June 22, The Montessori Schools, one in the Flatiron district and the other in Soho, announced that they would accept bitcoins as a way for parents to pay tuition, which costs $ 30,950 with the day program full.

The school's decision to accept this form of payment is largely due to the fact that Marco Ciocca, co-founder and president of Montessori Schools, says he has been receiving the "accept bitcoins" question again and again; A question that may also be due to the fact that many of the parents of the children attending the mentioned school work in the Silicon Alley technology companies.

Ciocca says that with the current value of the cryptocoin compared to $ 880 in January, parents who invested months ago "would essentially pay a reduction in enrollment."

So the president and his management team decided that the potential benefits of accepting bitcoin outweighed the cons. Equally, it is only an option, no father is obliged to use it; If you do not convince them, they can simply pay the tuition as it was done.

Montessori preschools are not the only children's schools that have adopted bitcoin. The Indian Mountain School (IMS), another private school offering pre-school through ninth grade services, began accepting bitcoins for fundraising initiatives, in order for the community to become familiar with the technology. Perhaps these are the pioneering initiatives that give way to a wave of adoption of cryptocoins in educational institutions.