MIT Bitcoin Project To Create Cryptocurrency Ecosystem, Give $100 Per Student 107
rjmarvin (3001897) writes "Two MIT students have raised $500,000 to turn the campus into a cryptocurrency ecoystem, giving each MIT undergrad $100 in Bitcoin (or about 0.22 Bitcoins) starting next Fall. The MIT Bitcoin Project will make MIT the first physical location worldwide with widespread access to the digital currency. As of yet, there are no regulations governing how the students can use it."
Also in the budget: (Score:5, Funny)
Giving every student a fedora and trench-coat.
Unfortunately there was no money left for the "enough razors to shave neck-beards" initiative