Out of Thousands of MIT Students That Got Free Bitcoin in 2014 – 6 Year Holde...
Over six years ago, at the Massachusetts Institute of Technology (MIT), a couple of scholars distributed $100 in bitcoin to 3,100 students. According to testimony from a few participants who held the leading crypto asset since then, the students netted 13,000% in profit. MIT Grad Who Made 13,000%: ‘Most of Us Thought It Was a Bit of a Joke’ For a very long time now, MIT has been experimenting and supporting bitcoin (BTC), the leading crypto asset in terms of market capitalization. In 2014, two computer science students Dan Elitzer and Jeremy Rubin distributed $100 worth of BTC....
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The Blockchain Education Network (BEN) has announced a Bitcoin airdrop to four Chicago Universities today. This year BEN’s “Back-to-School Blockchain Initiative” has spread to more cities than ever before to show students the power of cryptocurrency. Chicago College Students Get A Free Taste of Bitcoin. The first bitcoin airdrop experience initiated in....
Students are now turning to crypto to plug the financial gap that comes with schooling. It is no surprise that the cost of schooling has gone up tremendously over the years. Now more than ever, students are graduating with tens of thousands of dollars in student debt. But even the massive loans students have to […]
Remember the interesting news item this year that all MIT (Massachusetts Institute of Technology) undergraduate students would received $100 of bitcoin for free? Well, we haven't heard a whole lot about it, but the project has officially gone live. It's spearheaded by the MIT Bitcoin Project and somewhat mysteriously financed, but the 4500+ students at the school are able to easily pick up their bitcoins, which they can then convert to U. S. dollars, or more preferably, spend at bitcoin-accepting locations in the MIT area (which is a growing bitcoin hot spot). In order for students at the....
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....
The Blockchain Education Network (BEN) has recently announced its partnership with BTC.com for the upcoming Bitcoin Airdrop this September. The “Back-to-School Blockchain Initiative” has expanded its goals by working with a dozen universities across North America to grow educate students on blockchain technology. BEN Will Airdrop Bitcoins to College....