MIT Bitcoin Project Goes Live, Offers $100 of Free Bitcoin to Undergrads at MIT
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....
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This fascinating experiment involving free BTC generated concrete results and we’re here to review them. The feel-good story arrives courtesy of CNBC, who interviewed some of the protagonists and got to the bottom of things. It all started with 19-years-old Jeremy Rubin, who developed a program called Tidbit. It allowed “users to mine for Bitcoins on a client’s computer as a replacement for traditional advertising.” The authorities weren’t so keen on his idea, as the Electronic Frontier Foundation remembers: In December 2013, the New Jersey Attorney General’s office issued a....
Half a million dollars-worth of bitcoin is being given away to undergraduates at the Massachusetts Institute of Technology as part of a scheme to encourage use and awareness of the digital currency. From yesterday, each MIT undergrad became eligible to claim $100 in bitcoin (0.290272 BTC at press time) by completing a survey hosted by The MIT Bitcoin Project, the student organisation that is organising the giveaway. However, students looking to obtain the free funds will have to hurry. The survey must be completed before the scheme ends on 2nd November. The survey results will form part of....
The Internet was once a bastion of freedom and was hoped to bring economic power to everyday people. These days a few centralized platforms such as Google, Facebook and Amazon dominate the online world, deciding what we can and cannot say, while keeping all the value for themselves. In an upcoming 4-session live event you can find out how Pocketnet, a decentralized social media platform, changes this forever. Join an Exclusive Live Crypto Challenge Pocketnet is a decentralized, open-sourced, and censorship-resistant platform that offers an alternative to centralized social network such as....
It’s obvious that bitcoin can’t free Palestine, let’s begin there. The bitcoin network just offers better money, not a miracle cure. It offers a decentralized currency that can’t be debased by any government, no more, no less. The author of “Bitcoin Cannot Free Palestine” says, “at the heart of Bitcoin’s appeal is the urgent and […]
Coinbase has already handed out free bitcoin to over 20,000 students as part of its college bitcoin giveaway, the company says. The bitcoin wallet and payments provider launched the scheme on 14th May, giving students who sign up the equivalent of $10 in bitcoin. Not all students are eligible, however - only those with .edu addresses can apply and a limited number of universities can participate. CoinBase says it tried to include the top 500 universities worldwide. The promotion was inspired by a similar project launched by two MIT students last month. The MIT giveaway, or 'airdrop', is....