Bitcoin Backer Supports College for Its Economic Views

Grove City, Pennsylvania, USAWed Aug 13 2025
Tyler Winklevoss, the CEO of Gemini, a cryptocurrency exchange, recently praised Grove City College in Pennsylvania. He highlighted the school's focus on Austrian Economics, which aligns with his views on Bitcoin. Austrian Economics emphasizes free markets, individualism, and limited government intervention, principles that Bitcoin supporters value. Winklevoss suggested that students who are struggling with what he calls "toxic policies" in higher education should consider Grove City College. He believes the college upholds merit and American values, which he sees as being undermined elsewhere. The college announced a new scholarship program aimed at attracting top students. Starting in the fall of 2026, first-year students with a high school GPA of 3. 5 or higher and strong standardized test scores can receive a $7, 500 annual grant. This grant is renewable if the student maintains a 3. 3 GPA. The scholarship covers a third of the college's annual tuition. Winklevoss' comments come at a time when there is ongoing debate about diversity, equity, and inclusion (DEI) policies in education. He has been vocal about his conservative views, including supporting former President Donald Trump and donating to pro-cryptocurrency candidates. Critics might argue that Winklevoss' support for Grove City College is part of a broader political agenda. However, his endorsement of the school's economic principles and scholarship program highlights his commitment to promoting education that aligns with his beliefs.
https://localnews.ai/article/bitcoin-backer-supports-college-for-its-economic-views-1ac03086

questions

    If merit-based scholarships are so great, why didn't they exist when we were in college?
    How do the principles of Austrian Economics directly influence the functionality and value of Bitcoin?
    Will Grove City College's scholarship make students say 'I'll take Bitcoin for $7,500, Alex'?

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