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Lomond School, a co-educational, independent day and boarding school in the Scottish town of Helensburgh for those aged three-18, is to become the first school in the UK — and potentially the world — to accept Bitcoin as a form of payment for school fees.
Parents can start paying with Bitcoin from the Autumn term.
I'm pretty sure St. Anne's in Zimbabwe has been doing this for like 5 years at this point. There have been several @anita posch podcasts with the school's principal, Ms. Aurra. When your local currency is garbage it kind of becomes a necessity. Good for Lomond School though!
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For context, private schools tuition fees were exempt of vat until recently, after Keir Starmer/Labour won the general elections.
The 20% increase in school fees has made private schools prohibitively expensive, and some of them are now struggling financially...
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another example of how Bitcoin has spread throughout the world and consolidated itself as an asset of value and reserve.
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