30 June 2017, After the meeting and inquiries from the parents, the head of two Montessori schools are going to accept the bitcoin.
Marco Ciocca, co-founder of the Flatiron & Soho added this option in the month of June. He held the meeting and inquiry session with parents. Accordingly, this decision comes from a different number of places. Not only school accepting the bitcoins as a payment infect universities including London and Greece are also accepting bitcoin in payment.
About 10 Parents are ready to do payments in the Bitcoin and Mr. Ciocca
He says, “If we talk about just the sort of transactional ease… I think this form of payment will continue to grow”.
Bitcoin is a cryptocurrency, which was used in 2010 first time in the real world. People accept it, spend it, use in exchange and do transactions around the world. Which means, it has some worth, some value.
Today’s value of the bitcoin is $2514.98. whereas its value is double since the start of this year.
Parents are lucky who invest early because they enjoy the rise in the price and discount on school’s hefty that is $31,000.
But Mr. Ciocca opposed the profit from coin value’s fluctuation in the financial market. The will receive tuition fees in bitcoin or other digital currencies.
By accepting these digital payments, Mr. Ciocca drags the parent’s attention toward the technologies’ new trends. This is the easiest way of each kind of payments. He says, “It’s just a much more seamless transaction”.
He was the investor of this-this currency first and want to be the part of its growth. That’s why he followed the currencies and introduce them in his own schooling system.
Story credit: bbc.com