In a notable endorsement of educational values aligned with cryptocurrency principles, Tyler Winklevoss, co-founder and CEO of the cryptocurrency exchange Gemini, has praised Grove City College in Pennsylvania for its commitment to Austrian Economics. This announcement comes amid ongoing discussions surrounding the role of merit-based scholarships in today’s educational landscape.
On social media platform X, Winklevoss encouraged students interested in merit-based financial aid to consider Grove City College, especially those feeling marginalized by current diversity, equity, and inclusion (DEI) policies. He stated,
“If you’ve been shut out by DEI and other toxic policies that have destroyed ‘higher’ education, check out Grove City College. It has a big tradition in Austrian Economics, the same principles embedded in Bitcoin, and believes in merit and American values.”
The Austrian school of economics is celebrated for its advocacy of free markets, individualism, and sound money—principles that resonate with many Bitcoin supporters. Winklevoss himself is a well-educated advocate of these ideas, having graduated with a degree in Economics from Harvard University and earned an MBA from Saïd Business School at the University of Oxford.
Winklevoss’s comments align with Grove City College’s recent announcement of a scholarship program aimed at attracting some of the nation’s most promising students. Set to commence in the fall of 2026, the program will be available to first-year students who maintain a cumulative GPA of 3.3 or higher. To qualify, students must meet additional criteria, including a high school GPA of 3.5 and standardized test scores: a minimum of 1400 on the SAT, 31 on the ACT, or 100 on the Classical Learning Test. Each scholarship recipient will receive an annual, renewable grant of $7,500, which accounts for approximately one-third of the college’s annual tuition.
This initiative comes at a time when educational institutions are facing scrutiny over their DEI programs. Earlier in 2025, former President Donald Trump urged federal agencies to dismantle DEI initiatives, labeling them as discriminatory. Winklevoss, known for his conservative viewpoints, has actively supported candidates who share similar beliefs, including making significant Bitcoin donations to bolster Trump’s campaign and supporting pro-cryptocurrency advocate John Deaton against Senator Elizabeth Warren (D-Mass.).
As debates continue regarding the impact of DEI policies on higher education, Winklevoss’s advocacy for merit-based scholarships reflects a growing movement among certain educational institutions to prioritize traditional values in their admissions processes. The scholarship program at Grove City College may serve as a model for other colleges seeking to balance merit and inclusivity within their academic frameworks.
For those interested in the intersection of cryptocurrency and education, Winklevoss’s insights and Grove City College’s scholarship initiative represent significant developments in the ongoing discourse about the future of higher education and its alignment with contemporary economic philosophies.
For more information, please refer to the original source at Benzinga.
