December 3, 2018
by Sharon Moran
Ethereum co-founder and former Theil Fellowship recipient, Vitalik Buterin recently received an honorary doctorate degree from University of Basel, Switzerland’s oldest university. University of Basel is over 500 years old, having been founded in 1460!
According to Coindesk, “his research has been published without an academic degree and without any connections to a university.” Buterin’s achievement definitely brings into question the typical higher education trajectory that results in 5-6 figures of student loan debt.
Also, it definitely brings into focus the best majors to justify student loan burden, the end result being liberal arts majors, or computer science or other STEM majors within the context of a strong liberal arts curriculum. It makes little sense to utilize a university degree program that is overly focused on specific “training” for a career that might not even exist in a decade or more. Liberal arts majors from small liberal arts colleges, not highly compartmentalized universities, do very well over the course of their careers because they are highly adaptable and can more rigorously prepared for careers that don’t yet exist. Plus, over the last decade, major advances in computer science have not been occurring within the confines of an ivory tower.
While many current Ethereum developers got their start in software, the Crypto Currency Certification Consortium is attempting to forge education standards by offering a Certified Ethereum Developer (CED) credential, but the certification is still not available and has been in a pending status for quite some time.
Also, consider what Vitalik wrote on his website, “In 2011, searching for a new purpose in life, I discovered Bitcoin. At first, I was skeptical, and did not understand how it could possibly have value without physical backing. But slowly I became more and more interested. I started writing for a blog called Bitcoin Weekly initially at a meek wage of $1.5 per hour, and soon with Mihai Alisie cofounded Bitcoin Magazine.” He clearly has a completely different view than the Fight for $15 Movement, as you’ll notice a little decimal place between the 1 and the 5.
If you want to read more on Vitalik Buterin’s honorary degree, just go ahead and read my competitor’s article on the topic. I can’t resist, I do love their artwork.