Standford Student Sends Letter to School Board for Inaccurate Lecture on Bitcoin During Blockchain Speech


It seems that a Standford student did not like the lecture he had about Bitcoin (BTC). The student participated in the lecture titled “Blockchain and the Future of Finance,” who was given by Professor Susan Athey.

Athey has an honorary doctorate from Duke University and a PhD from Standford. This lecture was expected to be mind-opening and teach about virtual currencies to those unfamiliar with the topic.

According to the statement released by the student, the lecture contained a “strong anti-Bitcoin rhetoric.” Moreover, he said that the first introduction to Bitcoin contained different errors related to the virtual currency.

The student is Conner Brown and he shared his experience on Twitter. Nevertheless, he said that he did not receive an answer from the university regarding his cryptocurrency inquiry to the school board. However, they wrote to him “we will get back to you on this.”

About the lesson, he commented.

“Durig the presentation from Dr. Athey there were multiple misstatements that were concerning to me. I understand that she is a respected professor at Standford and that these may have been accidental; however, I also believe that it is in the best interest of our academic environment that we ensure high calibre discussion and peer review.”

During a conversation with Bitcoin Magazine, he explained that the academy is not a place for marketing. He said that if there is a professor has a potential conflict of interest, they should be held to the highest standards of scrutiny.

In his email to the University, he mentions that the lecture had five main issues that were wrong.

  1. Claiming that the Bitcoin network is controlled by a small group of miners in China
  2. Stating that Bitcoin accounts are secured economically and not cryptographically
  3. Saying that Bitcoin wastes electricity by stealing from rivers to solve “useless” mathematical problems
  4. Claiming that financial institutions are using Ripple’s technology
  5. Claiming that Ripple disperses the tokens rather than selling them

    Now, he has to wait for an answer from Stanford, since he wrote this email more than a month ago. However, he might not even receive an answer in the near future.

    There are several universities around the world that are offering students the possibility to learn about virtual currencies and blockchain technology. There is a larger demand for crypto and blockchain professionals around the world.

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