June 21st, 2017
If you are an undergraduate students at MIT and love Bitcoins, we have some good news. As part of a new research project, every undergraduate students that is studying at MIT will be getting free $100 worth of Bitcoins.
The new project started by Jeremy Rubin and Dan Elitzer is aimed at analyzing where and how the students spend their Bitcoins. The project is funded by MIT Ilumi and the Bitcoin community which combined have raised more then $500.000 which will be used to buy 100$ worth of Bitcoins for more then 4,528 undergraduates
Giving students access to cryptocurrencies is analogous to providing them with internet access at the dawn of the internet era, When the distribution happens this fall, it will make the MIT campus the first place in the world where it will be possible to assume widespread access to Bitcoin.
The project is also a way to motivate students to create new interesting products which students can spend their bitcoins on since as of now the products available on campus which can be purchased using Bitcoins is limited.