Next year, MIT undergrads will pay $43,498 in tuition year, but hey, at least they’re getting 1oo free Bitcoins.
MIT’s Bitcoin Club arranged the giveaway in hopes of turning the cryptocurrency into a viable payment model.
The Bitcoin Club raised $500,000, most of it coming from a wealthy MIT alumnus, to make the project a reality.
Few stores in the Cambridge area currently accept the currency, but with 4,528 undergrads having 100 Bitcoins burning a hole in their digital pocket, that could yet change.
- The Fall of Roe and the Failure of the Feminist Industrial Complex
- What Trump Knew About January 6
- Follow the Algae Brick Road to Plant-Based Buildings
- The Education of Glenn Youngkin
- The Benefits and Challenges of Cutting Back on Meat
- Here's Everything New on Netflix in July 2022—and What's Leaving
- Women in Northern Ireland Still Struggle to Access Abortion More Than 2 Years After Decriminalization