“CAMBRIDGE, MA – Two #MIT students have raised half a million dollars for a project to distribute $100 in #bitcoin to every undergraduate student at MIT this fall.
Jeremy Rubin, a sophomore studying electrical engineering and computer science at MIT, and Dan Elitzer, founder and President of the MIT Bitcoin Club and a first-year in the MBA program at MIT Sloan, have undertaken an ambitious project aimed at creating an ecosystem for digital currencies at MIT. Plans for the MIT Bitcoin Project involve a range of activities, including working with professors and researchers across the Institute to study how students use the bitcoin they receive, as well as spurring academic and entrepreneurial activity within the university in this burgeoning field.”