You have to talk about the cons as well
Posted: Wed Jul 09, 2025 5:27 am
He said he would not only like to see classes on Bitcoin, but also the integration of it into introductory economics and personal finance classes. He said that most of the feedback he has gotten from students around Bitcoin is their concern about the legitimacy of Bitcoin and other cryptocurrencies.
For Carlson, recent federal involvement in bitcoin is sufficient legitimacy to be included in the curriculum; however, he intends to incorporate a critical perspective.
“, and that there are risks associated with it,” Carlson said.
Begich spoke during a conference “fireside” chat about the risk of Bitcoin, recalling an early experience with his investment.
“I bought $5,000 worth of bitcoin, and ultimately country email list had about 440 bitcoin in a company called Mt. Gox when it folded,” Begich said. “Today, that’ll be worth about $50 million.”
Begich’s experience illustrates a risk in storing a private key, the way in which a user accesses their bitcoin, with a third-party. Many at the conference advocated for “self-custody,” or the owner of the bitcoin currency maintaining control of the private key. However, this also comes with security risks, such as natural disasters destroying their private keys or being personally targeted for their Bitcoin.
Bitcoin security technology is evolving to mitigate these risks for those seeking independence from third-party institutions.
University of Alaska Southeast Chancellor Aparna Dileep-Nageswaran Palmer also attended the conference.
Palmer was interested in how the technology that supports Bitcoin can be used to preserve documents and other information.
“How can our commitment to preserve the languages of Southeast Alaska interact with this technology and save it?” Palmer said. “Or like how carving technologies and all of these different things that we teach can be preserved forever, and in this is a technology that can help us with that.”
For Carlson, recent federal involvement in bitcoin is sufficient legitimacy to be included in the curriculum; however, he intends to incorporate a critical perspective.
“, and that there are risks associated with it,” Carlson said.
Begich spoke during a conference “fireside” chat about the risk of Bitcoin, recalling an early experience with his investment.
“I bought $5,000 worth of bitcoin, and ultimately country email list had about 440 bitcoin in a company called Mt. Gox when it folded,” Begich said. “Today, that’ll be worth about $50 million.”
Begich’s experience illustrates a risk in storing a private key, the way in which a user accesses their bitcoin, with a third-party. Many at the conference advocated for “self-custody,” or the owner of the bitcoin currency maintaining control of the private key. However, this also comes with security risks, such as natural disasters destroying their private keys or being personally targeted for their Bitcoin.
Bitcoin security technology is evolving to mitigate these risks for those seeking independence from third-party institutions.
University of Alaska Southeast Chancellor Aparna Dileep-Nageswaran Palmer also attended the conference.
Palmer was interested in how the technology that supports Bitcoin can be used to preserve documents and other information.
“How can our commitment to preserve the languages of Southeast Alaska interact with this technology and save it?” Palmer said. “Or like how carving technologies and all of these different things that we teach can be preserved forever, and in this is a technology that can help us with that.”