Tuesday, 29 April 2014

MIT club giving every undergrad $100 in bitcoin




A club at MIT wants to see what will happen when an entire community has access to a digital currency, and to find out, it plans to give every undergraduate student on campus $100 worth of bitcoin this fall. The MIT Bitcoin Club says that it's raised a half million dollars from alumni and the bitcoin community, which it plans to use to cover the cost of bitcoin for the campus' more than 4,500 undergrads and to finance informational programs about bitcoin. The group also plans to work with researchers on campus to study how students are using the new currency.
"Giving students access to cryptocurrencies is analogous to providing them with internet access at the dawn of the internet era," Jeremy Rubin, a sophomore computer science student...
Continue reading…