News From The Crypto Currencies Scene

New York University to Offer Cryptocurrency Course

New York University to Offer Cryptocurrency Course

The New York University Stern School of Business and Law will offer a course in cryptocurrency starting this fall for the September 2014 semester. The course, which is titled “The Law and Business of Bitcoin and Other Cryptocurrencies” will be taught by professors Geoffrey Miller and David Yermack.

In the course students can learn all about the history of Bitcoin, how it compares to bank-created currencies and other “non-bank vehicles”. The laws and regulations with regards to cryptocurrencies will also be explored, or the lack thereof.

The development of cryptocurrencies, its popularity and the future prospects make for an interesting course to follow for students right this semester. It will only be a matter of time before other Universities will also start offering similar courses.

Questions answered in the course include, what are the advantages of a stateless currency with no monetary policies? Miller also adds that the course will look into Bitcoin’s appeal to classical monetarists and the impact they have on seigniorage, the difference between the face value of coins and their production cost.

According to CryptoCrimoson Professor Geoffrey Miller is Stuyvesant P. Comfort Professor of Law at the New York University School of Law, and is the Director of the Center for Financial Institutions, and Co-Director of the Program on Corporate Compliance and Enforcement.

Professor David Yermack is the Albert Fingerhut Professor of Finance and Business Transformation at the New York University’s Stern School of Business.

The course is held on Tuesday afternoons in NYU’s Furman Hall, and is open to students of the Stern Business School and New York University School of Law.  The course syllabus can be downloaded here.

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