Topic: Free BTC at MIT - page 5. (Read 6023 times)
Wow! Sounds good. Certainly a good way to increase bitcoin visibility and have everyone gain familiarity with how it works.
This is pretty awesome I do have to say, on a few different levels
This is a great campaign. It should be able to get more people to use bitcoin and get more merchants to accept bitcoin. 
There is still a bitcoin atm in South Station and one in a restaurant near Harvard Square. I've used the ATM by Harvard Square once to buy $20 worth of bitcoin and then went to Veggie Galaxy by MIT to spend them on lunch and espresso. You can look up Liberty Teller ATM on google to find their website. It was really cool when I used it, only took thirty seconds.
Hey I'd love if Bitcoin became more used in Boston. I thought I saw something about a Bitcoin ATM at South Station but not sure if that lasted.
Yeah, I can see it now, you use Bitcoin to buy snacks at the dining hall. Is there any way to use your Bitcoin with a "swipe" method? like a credit card. Otherwise seriously how can you match the convenience of a credit card, or dining hall card.
Yeah, I can see it now, you use Bitcoin to buy snacks at the dining hall. Is there any way to use your Bitcoin with a "swipe" method? like a credit card. Otherwise seriously how can you match the convenience of a credit card, or dining hall card.
Companies are working on that now.
There is a huge profit motive to get established as the market leader(s)
Hey I'd love if Bitcoin became more used in Boston. I thought I saw something about a Bitcoin ATM at South Station but not sure if that lasted.
Yeah, I can see it now, you use Bitcoin to buy snacks at the dining hall. Is there any way to use your Bitcoin with a "swipe" method? like a credit card. Otherwise seriously how can you match the convenience of a credit card, or dining hall card.
Yeah, I can see it now, you use Bitcoin to buy snacks at the dining hall. Is there any way to use your Bitcoin with a "swipe" method? like a credit card. Otherwise seriously how can you match the convenience of a credit card, or dining hall card.
This is hands down one of the most important things that bitcoin has ever done. It has in effect created a full and complete micro-economy. Anything near or associated with MIT will now accept bitcoin. This is the first time ever that bitcoin actually has a full working economy. It was a very smart move to make MIT the starting place for the first economy. MIT students are tech savy and would completely dive into this.
If this is successful. Look for bitcoin whales to finance another high tech uni, and then another, each one for less and less. In a couple of years bitcoin could have 10 serious micro-economies. If they were really smart, they could knock off Harvard and BU and then from there most of Boston would accept and spend bitcoin. The is the Facebook model that was used by Facebook to not just squash Myspace, but to take over almost every country. They did it with one very strategically placed micro market after another until all those micro markets combined into one large unstoppable force.
If this is successful. Look for bitcoin whales to finance another high tech uni, and then another, each one for less and less. In a couple of years bitcoin could have 10 serious micro-economies. If they were really smart, they could knock off Harvard and BU and then from there most of Boston would accept and spend bitcoin. The is the Facebook model that was used by Facebook to not just squash Myspace, but to take over almost every country. They did it with one very strategically placed micro market after another until all those micro markets combined into one large unstoppable force.
If they were really smart, they could knock off Harvard and BU and then from there most of Boston would accept and spend bitcoin.
Great idea, Boston was the birthplace of the American Revolution.
The is the Facebook model...
This is the Facebook model AND it is something else, SomethingElse.
This is hands down one of the most important things that bitcoin has ever done. It has in effect created a full and complete micro-economy. Anything near or associated with MIT will now accept bitcoin. This is the first time ever that bitcoin actually has a full working economy. It was a very smart move to make MIT the starting place for the first economy. MIT students are tech savy and would completely dive into this.
If this is successful. Look for bitcoin whales to finance another high tech uni, and then another, each one for less and less. In a couple of years bitcoin could have 10 serious micro-economies. If they were really smart, they could knock off Harvard and BU and then from there most of Boston would accept and spend bitcoin. The is the Facebook model that was used by Facebook to not just squash Myspace, but to take over almost every country. They did it with one very strategically placed micro market after another until all those micro markets combined into one large unstoppable force.
If this is successful. Look for bitcoin whales to finance another high tech uni, and then another, each one for less and less. In a couple of years bitcoin could have 10 serious micro-economies. If they were really smart, they could knock off Harvard and BU and then from there most of Boston would accept and spend bitcoin. The is the Facebook model that was used by Facebook to not just squash Myspace, but to take over almost every country. They did it with one very strategically placed micro market after another until all those micro markets combined into one large unstoppable force.
There will be a boom of gambling and porn sites no doubt.
Generous amount & the perfect demographics:
This is the best BTC giveaway we have seen in quite a while.
This is the best BTC giveaway we have seen in quite a while.
Pretty hard to believe. I mean you must be loaded if you are going there, or have a bright future.
Quite false. Most students are on some kind of financial aid and/or in debt up to their eyeballs (though with a good degree from MIT the debt load is probably reasonable). The main reason these schools are so expensive is so they can soak it to the relatively few rich, often foreign (Chinese, Saudis, etc.), students by charging them sticker price.
Anyway, this is a strategic pro-BTC advocacy move (and a smart one) not charity. If anything think of the $100 as a small rebate on the $60K/year it costs to go there (again sticker price)
I really like this idea, and how MIT is getting their students to be involved with Bitcoin.
I most definitely need to get into MIT now
I most definitely need to get into MIT now
Just heard back from Dan Elitzer, one of the MIT Bitcoin Club Founders, on our twitter account:
It looks like they are considering payment to a Bitcoin address after the student authenticates in some way.
I really like this idea! It encourages adoption, forces students to set up a wallet (rather then sell a key or voucher), and will help Bitcoin continue to grow.
It looks like they are considering payment to a Bitcoin address after the student authenticates in some way.
I really like this idea! It encourages adoption, forces students to set up a wallet (rather then sell a key or voucher), and will help Bitcoin continue to grow.
If what bitcoin needs is to encourage some additional development and acceptance then this is a good thing. Even if all they do it turn around and sell it, it will at least introduce bitcoin to a lot of new users.
Fine work!
Fine work!
We should raise money to do this for other Universities too!
The Universities should do this on their own. 
quoted from article: “Giving students access to cryptocurrencies is analogous to providing them with internet access at the dawn of the internet era,” said Rubin.
i happen to remember the 'dawn' of the internet. i was on the internet before it was even available to the public. had to access it through a teachers unix account at some school. that was when the BBC's ruled the world. if this is where we are now with this technology is the 'dawn' it makes me really wonder about the potential. the internet technology developed very fast.
i happen to remember the 'dawn' of the internet. i was on the internet before it was even available to the public. had to access it through a teachers unix account at some school. that was when the BBC's ruled the world. if this is where we are now with this technology is the 'dawn' it makes me really wonder about the potential. the internet technology developed very fast.
They should be loaded on a free Trezor.
VERY cool!
Quote
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
Cool indeed.
We should raise money to do this for other Universities too!
I went to the MIT museum in Boston... I don't think they had even one working robot. I remember coming out and thinking these were some of the dumbest students in the world.
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