The long-awaited moment has finally arrived for MIT’s undergraduate population.
From this moment on, every MIT undergrad is eligible to claim their $100 in Bitcoin.
The project, which was announced in April of this year, promises to help spread Bitcoin through the school, which has a strong history of being on the cutting edge of technology. The funding comes mostly from MIT alumni, along with support from the Bitcoin community.
Students can register for their bitcoins by completing a survey by November 2nd.
Where To Spend ‘Em?
MIT’s Bitcoin ecosystem has been developing steadily since April’s announcement, and students have at least one option in spending their coin.
The MIT Coop, a bookstore and general merch shop, begun accepting Bitcoin last September, using BitPay as a payment processor.
And, if they like the experience, they can always refill their wallet at MIT’s Bitcoin ATM.
Universities And Bitcoin
MIT may be the largest university to begin forays into the cryptocurrency world, but it’s by no means the only one.
Flinders University begun accepting Bitcoin within its Venture Dorm program, geared toward helping aspiring entrepreneurs build new ventures.
Simon Fraser University in Vancouver has also taken its first steps into crypto-land by accepting donations to the university in Bitcoin, thanks to efforts from the school’s Bitcoin club.
Georgia Tech students have options in spending their bitcoins, including snacks & drinks at Bobby Dodd stadium.
And the University of Nicosia in Cyprus began offering a free online course, “Introduction to Digital Currencies”.
MIT Students Can Now Claim Their $100 In Bitcoin
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