MIT Study: Bitcoin Not Popular with Students
A study by the Massachusetts Institute of Technology (MIT) has found that, contrary to popular belief, bitcoin is not the payment of choice for students. In 2014, two MIT students, Jeremy Rubin and Dan Elitzer, raised $500,000 and started the MIT Bitcoin Project. For every undergraduate student that signed up to the project they were provided with $100 worth of bitcoin. The goal of the project was to establish an ‘ecosystem for digital currencies at MIT.’ When the project started bitcoin was one of the most popular topics, attracting a positive number of students to take part. Throughout....
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In November MIT undergraduates who signed up for the MIT Bitcoin Project each received the equivalent of $100 in the cryptocurrency. Now that they have it, they are beginning to develop innovative ways to use it, MIT Spectrum reports. The MIT Bitcoin Project has partnered with Institute researchers and professors to study how students use their bitcoins and measure growth in the bitcoin ecosystem at MIT. The MIT Club provides a forum within and beyond the MIT community, where Bitcoin-related ideas, projects, programs, events, and businesses can be studied, discussed, and developed. The....
In the spring of 2014, the Massachusetts Institute of Technology unveiled an ambitious plan. Spurred by active enthusiasts on campus, the prestigious US university raised $500,000 with the goal of distributing $100 in bitcoin to every student on campus. Completed in the fall of 2014, the project would spur similar experiments at campuses around the globe. But despite the buzz around the so-called bitcoin airdrop, not much was known about its success or the impression it left on students. Now, a study by MIT researchers has provided new details by using the event as a way to research....
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 […]
A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore, a joint study by Seedly, Gemini, and Coinmarketcap, was published Monday. It contains a survey of 4,348 Singapore-based adults ages 18 to 65 across varying household incomes. The survey was conducted between June 29 and July 9. It included 2,862 respondents who said they were current crypto holders and....
MIT Students Raise Money to Distribute Bitcoin Among Undergraduates. Jeremy Rubin and Dan Elitzer, two MIT students, have raised half a million US dollars in a plan to distribute $100 worth of Bitcoin to every undergraduate at MIT in the Fall. With the eventual goal of establishing a Bitcoin ecosystem at MIT, this will purportedly be achieved through the utilization of the MIT Bitcoin Project. The pair wants to work with the existing MIT academic institution to study how students decide to use their allotted Bitcoin and encourage entrepreneurial activity with the resource and the....