Yes, Bitcoin is different. While “crypto” is a broad term that includes thousands of digital tokens, most are not truly decentralised. At Lomond, we believe Bitcoin has unique properties—security, scarcity, transparency, and resilience—that set it apart. There are no current plans to accept other cryptocurrencies.

To offer a modern, secure, and borderless payment option that aligns with our ethos of independent thinking and innovation.

No. We still accept GBP. Bitcoin is an additional option—not a replacement.

As of April 2025, Lomond School is the first UK school, but other global institutions already accept Bitcoin.

Not at all. Bitcoin is simply another way of paying school fees. It’s a hybrid method that we believe will become increasingly useful in the future. We’re making it available now so that parents and prospective families who already use Bitcoin have the flexibility to pay in a way that works for them.

These concerns are understandable and important to address. At Lomond, we only work with fully regulated and KYC (Know your Customer)-compliant partners to ensure that every Bitcoin transaction is secure, transparent, and lawful. Our payment system is as safe as those used for traditional currencies, and every transaction is auditable. Bitcoin, like any financial tool, can be misused—but our strict compliance and transparent practices ensure it is used responsibly and professionally.

Yes. The introduction of Bitcoin has been in response to requests from local parents as well as international educational agents.

No. It’s also about exploring the future of economics and bringing Bitcoin and Austrian economic principles into our curriculum to prepare students for the uncertain future.

From the Autumn Term 2025 

Initially, we are not holding Bitcoin and any fees received will be converted to GBP. Over time, and only if our community of Bitcoin-supportive families commits to the initiative, we plan to build a Bitcoin treasury. This would allow the school to retain a small portion of Bitcoin for long-term strategic use. The treasury is a phased goal, not an immediate change, and it depends entirely on community support and the school’s ability to responsibly “stack sats” over time.

Volatility is managed through instant conversion into GBP which means there will be no risk to annual fees.

Yes. All Bitcoin transactions will meet UK financial regulations, including anti-money laundering and tax compliance.

We’re collaborating with Musqet and CoinCorner

A school of thought focused on individual choice, sound money, and limited government intervention—values echoed in Bitcoin’s design.

Yes. Modules will be introduced from August 2025.

Custom devices built by students to mine Bitcoin and heat classrooms—combining learning, sustainability, and real-world application.

This is being considered as a voluntary part of salary under a future scheme.

Not at all. All taxes will be paid in full. This is about innovation, not avoidance.

That’s okay! You don’t need to and you may have no interest—that’s absolutely fine.

As we are a school, a place of learning, and can help you learn if you want to. We’ll provide resources and training for anyone who wants to explore it.

Not necessarily. In fact, our curriculum will explore Bitcoin mining’s evolving sustainability, including our own pilot projects. Today, the vast majority of Bitcoin mining is powered by renewable or surplus energy sources. According to multiple industry studies, over 50% of Bitcoin’s energy use is already renewable—making it one of the greenest large-scale computing networks in the world.

Scotland itself is forecasted to have an abundance of renewable energy in the years ahead—especially from wind and hydro—creating a natural synergy between our region and Bitcoin’s ideal energy model.

And if you compared Bitcoin’s energy use to the traditional banking system—across all its physical branches, servers, air travel, office buildings, and people—it’s likely that Bitcoin is the more energy-efficient option.

Our students will have the opportunity to explore this topic hands-on, looking at the future of green finance and how innovation can align with sustainability.

They gain a unique education on digital assets, sound economics, and cutting-edge computing—skills that are increasingly valuable.

We use trusted, insured partners with full support. Parents will always have access to clear, auditable payment records.

Reach out via bitcoin@lomondschool.com — we’d love to hear from you!

No. Risk is carefully managed through phased implementation, conversion options, and partnerships with secure service providers. Our financial operations remain robust and well-structured.

No. However, we are constantly reviewing ways to incentivise early adoption and may consider this in the future based on uptake and feedback.

Bitcoin isn’t directly regulated by the FCA, but the platforms that handle it are. Lomond partners only with FCA-registered or compliant providers like Musket and CoinCorner to ensure all transactions are secure and lawful.

While Lomond itself isn’t a financial institution, we follow best practices—and there’s a clear regulatory roadmap toward full FCA registration by 2026 for the service providers we use. We’re committed to staying ahead of the curve with transparency and responsibility at every step.