Nikolas Sargeant
The University of Wyoming has taken a bold step into the future of cryptocurrency research with the launch of its Bitcoin Research Institute (BRI). Announced at the Bitcoin 2024 Conference in Nashville, this groundbreaking initiative places the university at the forefront of academic Bitcoin research.
Leading the institute is Dr. Bradley Rettler, an associate professor of Philosophy and co-author of "Resistance Money: A Philosophical Case for Bitcoin." Dr. Rettler emphasizes the BRI's mission to produce high-quality, peer-reviewed publications on Bitcoin from various academic perspectives.
The BRI's establishment addresses what its website describes as a "poor" state of current academic Bitcoin research. It aims to provide comprehensive, reliable research to academics, journalists, policymakers, and the public.
Andrew M. Bailey, lead author of "Resistance Money," will join the institute as faculty in August. The BRI is set to officially open in August, aligning with the Fall 2024-2025 academic year.
Beyond research, the BRI aims to create faculty positions, incentivize academic studies, and inspire young scholars to pursue Bitcoin-related projects. The institute also plans to host book workshops, weekly seminars, and public outreach events.
Wyoming's Crypto-Friendly Environment
The BRI's creation aligns with Wyoming's pro-cryptocurrency stance, championed by Republican Senator Cynthia Lummis. Known for advocating responsible crypto regulation, Senator Lummis recently proposed acquiring 1 million BTC over five years as a national reserve, suggesting that Bitcoin reserves could strengthen the U.S. dollar.
Wyoming's favorable regulatory climate for Bitcoin and proximity to renewable energy sources make it an ideal location for the BRI. The institute is seeking both Bitcoin and fiat donations to support its academic pursuits.
This pioneering initiative by the University of Wyoming represents a significant step in legitimizing and advancing Bitcoin research within traditional academic frameworks. It has the potential to shape future policies and enhance public understanding of cryptocurrency.
