University of Wyoming Introduces Bitcoin Research Institute

Last Updated on July 29, 2024

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Arts and Sciences Building at the University of Wyoming in Laramie. Source: wolterke - stock.adobe.com

Key Takeaways:

  • The University of Wyoming will launch the UW Bitcoin Research Institute in August, aiming to enhance Bitcoin research quality.
  • The institute will host workshops, seminars, and academic prizes, accepting and retaining Bitcoin donations.
  • Wyoming’s supportive environment and ongoing pro-Bitcoin legislation, backed by figures like Senator Cynthia Lummis, have fostered this initiative.

The University of Wyoming will inaugurate the UW Bitcoin Research Institute in August, aiming to produce “high-quality peer-reviewed” Bitcoin studies.

Announced by Bradley Rettler, an Associate Professor and Bitcoin advocate, on July 28, the institute seeks to improve Bitcoin research standards and provide better public information.

Rettler criticized the current state of Bitcoin research and highlighted flaws in existing studies, such as a 2018 report on Bitcoin emissions.

The institute, featuring Rettler and Andrew M. Bailey, author of “Resistance Money: A Philosophical Case for Bitcoin,” will offer summer workshops, academic prizes, and weekly seminars.

As a nonprofit, it accepts Bitcoin donations, which it will retain.

Wyoming’s Bitcoin-friendly environment, supported by Senator Cynthia Lummis and Caitlin Long of Custodia Bank, has fostered such initiatives.

Lummis also announced a Bitcoin Reserve bill for the U.S. at the Bitcoin 2024 conference.

Wyoming continues to advance pro-Bitcoin legislation, including a 2023 bill protecting digital asset private keys.

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