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Why is Harvard University Advising All Governments to Buy Bitcoin and Companies to Implement Blockchain?

Recently, Harvard University’s endowment fund has made headlines for its decision to invest in bitcoin and advise other governments to do the same. The fund, which is worth over $40 billion, has reportedly allocated a small portion of its assets to the leading cryptocurrency. This move by one of the world’s most prestigious institutions has raised questions about the role of bitcoin and blockchain technology in the future.

One of the main reasons for Harvard’s decision to invest in bitcoin is its potential as a hedge against inflation. As governments around the world continue to print money to support their economies, the value of traditional fiat currencies is expected to decrease, while the value of bitcoin, which has a limited supply, may increase. Additionally, bitcoin is a decentralized and digital asset, making it a potentially useful tool for countries facing economic and political uncertainty.

The University’s endowment fund is not alone in this decision as many other institutions and companies are also buying bitcoin. For example, for companies, it can be seen as an innovation in their Environmental, Social and Governance (ESG) strategy. By holding bitcoin, companies can diversify their assets and reduce their exposure to traditional fiat currencies, which could be negatively impacted by inflation.

Another reason behind the trend of governments buying bitcoin and companies implementing blockchain is the impact of Web3 on our future. The Web3 is the next generation of the internet, where users have more control over their data and are able to interact with decentralized platforms, protocols and applications. This shift towards Web3 is expected to bring about significant changes to the way we interact and conduct business online, and many believe that bitcoin and blockchain technology will play a key role in this transition.

In conclusion, bitcoin and blockchain technology are becoming increasingly important in the world of finance and business, and are being looked at as a hedge against inflation, a diversification tool and an innovation in ESG strategies. As Web3 takes shape, governments and companies will likely continue to explore the potential of these technologies to adapt to the changing landscape.


Harvard Management Company. (2021). Bitcoin and other cryptocurrencies.

Forbes. (2021). Harvard’s $40 Billion Endowment Fund Advises Governments To Buy Bitcoin.

CoinDesk. (2021). Harvard’s $40 Billion Endowment Fund Advises Governments To Buy Bitcoin.

The Economist. (2021). The next

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