Every MIT
Undergrad Will Get
0 in
Bitcoin This Fall
MIT's
Bitcoin club is launching a new project that
Will give each
Undergrad 0 in Bitcoin, beginning in the
Fall semester.
The club has already raised $500,000 in
Bitcoin to fund the project and hopes it
Will help encourage students and local businesses to **t only adopt the currency but use it in new and in**vative ways.
See also:
A Complete, Interactive History of Bitcoin
The two students who have spearheaded the project, Jeremy Rubin and Dan Elitzer, liken it to giving students Internet access 20 years ago.
"It's easy for people who haven't actually looked at the tech**logy and started to understand it — they can grasp he scary things like Mt. Gox disappearing but really understanding the powers to do good is a lot harder," Dan Elitzer, the club's founder and president told
Mashable.
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Mit,
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