Crypto on Campus: Why is Blockchain Technology Becoming More Relevant for Students? – Ball State Daily

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Technology evolves every day, while student curricula don’t. For many, the future seems uncertain. Important political voices are shaping the general opinion on crypto and blockchain. Statements about potentially including Bitcoin and other cryptocurrencies in the national reserve contribute to drastic market fluctuations and leave the industry uncertain.
The future seems uncertain in many ways: what jobs will there be in ten years’ time? What about financial security? Universities and education systems are lagging behind in educating students about financial opportunities. Many students are already calling for better educational programs on campus. Until then, students need to educate themselves.
Everyday life is getting more entangled with technology: daily use of smartphones, computers, and payment apps is a given. Entertainment has also shifted more towards technology-based fun. Studies show that gambling is becoming a more popular form of entertainment in the US. According to Statista, sports betting in particular appeals to people aged 25 to 34. While technology advances, the potential risk of cyberattacks is also growing, leaving many worried about handling money online.
This is where blockchain technology becomes relevant: Since blockchain operates with a decentralized system, meaning that there is not a single person or entity overseeing transactions, it promises better security measures and builds trust between companies and customers. Students who enjoy entertainment like online gambling and sports betting are increasingly interested in payment options based on blockchain. When evaluating platforms that support cryptocurrencies, BetOnline and Bovada often come up in comparison. While preferences are subjective, a detailed breakdown of how BetOnline measures up to Bovada in terms of payments, bonuses, and user experience can help make an informed decision on which features best fit students’ needs.
Considering the rising popularity of technology-based entertainment and the fact that transactions today are almost exclusively conducted online, many agree that crypto knowledge should be common sense. Furthermore, the traditional stock and fund market is changing and expanding to include digital assets.
To be able to deal with smart investments in the future, students need to start being educated early. However, most students are occupied with tasks and assignments, which makes it hard to make time to study another highly complex topic. To really prepare students for their future outside of campus, many argue that crypto and financial education should be part of the curriculum.
 In the fourth quarter of 2024, the cryptocurrency market hit its highest level. Contributing to this rise were the elections in the US and the government’s opinion on crypto. In January 2025, Bitcoin experienced major fluctuations, which also led back to these events. Considering the rising value of cryptocurrencies, they can be a smart alternative to traditional investment and payment methods.
Because blockchain isn’t regulated by any government or bank, it offers better security. Blockchain creates a record of every transaction with a time stamp that can’t be changed, which rules out unauthorized access and the possibility of fraud. Additionally, the data is stored across multiple networks, which makes it almost impossible to hack. Blockchain technology also limits privacy concerns since user data is stored anonymously. Depositing money to online platforms and receiving money doesn’t require sharing any sensitive data.
Compared to conventional investment methods like stocks and funds, investing in cryptocurrencies can be more lucrative. While keeping the potential risks in mind, like drastic fluctuations, investing in big names like Bitcoin or Ethereum can deliver higher growth in a shorter timeframe. Of course, a stock fund, too, can be lucrative, but it will take several years to grow. To make informed decisions, education on these topics is crucial.
 Moreover, storing money in crypto is more financially viable than keeping it in a bank account. While a traditional bank transfer can take up to days to deliver money, using crypto is much faster. Additionally, banks often charge high transaction fees while crypto payment doesn’t.
According to TripleA, the number of people owning crypto is growing worldwide. They estimated the global market penetration to reach 6.8% with more than 560 million people owning crypto by 2024. The rising number suggests that the crypto market will have a major impact on developing industries such as tech, finance, and entertainment. Of course, this fast-developing industry poses challenges for many sectors. This is why education on the topic is more relevant than ever.
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