MIT Student Bookstore, The COOP, to Accept Bitcoin
The Massachusetts Institute of Technology's student bookstore 'The COOP' announced plans to begin accepting Bitcoin through payment processor BitPay, making them the first major university bookstore to accept the cryptocurrency. In such a vibrant, young Bitcoin community, this could be a huge way of introducing Bitcoin to the future's brilliant minds. As BitPay Co-Founder and Executive Chairman Tony Gallippi wrote in a press release earlier today: "Students are the next generation technology leaders and we expect them to be at the forefront of new technology adoption like bitcoin. As MIT....
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The MIT COOP, a store which allows students at the institution to purchase a multitude of products (most prominently, books) is now accepting bitcoins, according to a Thursday morning announcement. It's effectively become the first major university bookstore to support the bitcoin digital currency as a means of making payments, perhaps setting the trend for other college institutions not only in the United States, but around the world. "The MIT COOP is the first campus-based business to respond to this student-led adoption, continuing its reputation as a cooperative by students and for....
The MIT Coop bookstore, a retail store serving the Massachusetts Institute of Technology (MIT), is now accepting bitcoin for T-shirts, textbooks, school supplies and more. The news comes amid increasing interest in bitcoin at the university and ahead of a scheduled 'airdrop' of $500,000 in bitcoin to MIT undergraduates. The project, which will provide $100 to every MIT student, is scheduled to take place sometime later this fall. The MIT Coop is already equipped with a bitcoin ATM, a development that Jerry Murphy, of the bookstore's management firm, said made accepting bitcoin a natural....
One of Canada's first companies to launch Bitcoin ATMs across the country is expanding its fleet of Lamassu-brand ATMs to Vancouver, British Columbia's Simon Fraser campus bookstores in Vancouver, Surrey and Burnaby. BitSent now has Bitcoin ATMs in 11 locations across the country and is looking to expand internationally in 2015. While other Bitcoin companies are experimenting with newer technology such as QuadrigaCX's SumoPro Bitcoin ATMs, BitSent has chosen to stick with the Lamassu model despite some hiccups in the operation and maintenance of the earlier models. Bitsent's Simon Fraser....
One of Canada's first companies to launch Bitcoin ATMs across the country is expanding its fleet of Lamassu-brand ATMs to Vancouver, British Columbia's Simon Fraser campus bookstores in Vancouver, Surrey and Burnaby. BitSent now has Bitcoin ATMs in 11 locations across the country and is looking to expand internationally in 2015.While other Bitcoin companies are experimenting with newer technology such as QuadrigaCX's SumoPro Bitcoin ATMs, BitSent has chosen to stick with the Lamassu model despite some hiccups in the operation and maintenance of the earlier models. Bitsent's Simon Fraser....
Many students who participated in the 2014 MIT Bitcoin Project lament quickly selling their free BTC for textbooks, sushi, and beer. In October 2014, the Massachusetts Institute of Technology (MIT) launched the MIT Bitcoin Project, an initiative that sought to give away $500,000 worth of Bitcoin to its undergraduate students.Students were able to claim $100 worth of BTC in exchange for filling out a survey, equating to roughly 0.3 BTC at the time. The project was spearheaded by students Jeremy Rubin and Dan Elitzer, who raised $500,000 from university alumni and representatives of the....