A Quote by Ronnie Screwvala
In the digital era, everyone is a student. Degrees given by formal education are not a value currency anymore. Technical skills and an individual's ability to apply the outcomes are important, irrespective of age.
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My formal education as an extension to my college degree in journalism was the time that I spent working with the student newspaper. I would argue that my greatest education occurred by working for the student newspaper. It wasn't necessarily the classroom work that made my formal education special. It was the idea that I had the opportunity to practice it before I went into the real world.
The regulator banned cryptocurrency... then there was an order from the Supreme Court. So, in the absence of any strong law, it was very important for us to come out with a comprehensive law-one for the private digital currency and second for the government for its digital form of currency, or the virtual currency.
Earlier, physical currency used to dominate. Now, mobile currency or digital currency is dominating. For digital currency, fintech is very crucial.
Economists who have studied the relationship between education and economic growth confirm what common sense suggests: The number of college degrees is not nearly as important as how well students develop cognitive skills, such as critical thinking and problem-solving ability.
It is the acquisition of skills in particular, irrespective of their utility, that is potent in making life meaningful. Since man has no inborn skills, the survival of the species has depended on the ability to acquire and perfect skills. Hence the mastery of skills is a uniquely human activity and yields deep satisfaction.
It's important to understand how Coinbase thinks about regulation and compliance in the digital currency space. As an exchange, we view compliance as key to digital currency's success.
Many countries are looking at the virtual currency and the digital currency. Now, the issue is a virtual currency by the government, digital currency by the government that is one area to look but on the other hand, there are private cryptocurrencies as well.
[Corporate programming] is often done to the point where the individual is completely submerged in corporate "culture" with no outlet for unique talents and skills. Corporate practices can be directly hostile to individuals with exceptional skills and initiative in technical matters. I consider such management of technical people cruel and wasteful.
The single greatest business opportunity that is now emerging in the global marketplace is the ability to analyze digital log data to trace digital actions and from those traces to develop algorithms that can predict future outcomes with greater accuracy.
In many ways, education is a lousy business. Teachers are not normal economic actors; almost all of them work for less money than they might fetch in some other industry, given their skills and advanced degrees.
The real difficulty is that people have no idea of what education truly is. We assess the value of education in the same manner as we assess the value of land or of shares in the stock-exchange market. We want to provide only such education as would enable the student to earn more. We hardly give any thought to the improvement of the character of the educated. The girls, we say, do not have to earn; so why should they be educated? As long as such ideas persist there is no hope of our ever knowing the true value of education.
Education is the foundation of success. Just as scholastic skills are vitally important, so are financial skills and communication skills.
When I enrolled in college at age 19, I had a total of eight years of formal classroom education. As a result, I was not comfortable with formal lectures and receiving regular homework assignments.
We called our research 'Getting to Equal - How Digital is Helping to Close the Gender Gap at Work.' And at its heart we found that when men and women have the same level of digital fluency, women are better at using their digital skills to gain more education and find work.
There are myths about kids spending time online - that it is dangerous or making them lazy. But we found that spending time online is essential for young people to pick up the social and technical skills they need to be competent citizens in the digital age.
I do most anxiously wish to see the highest degrees of education given to the higher degrees of genius and to all degrees of it, so much as may enable them to read and understand what is going on in the world and to keep their part of it going on right; for nothing can keep it right but their own vigilant and distrustful superintendence.
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