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Every MIT student just got $100 worth of Bitcoin

the Robocoin Bitcoin ATM

The home screen of the Robocoin Bitcoin ATM on display during a demonstration in the Rayburn House Office Building on Capitol Hill.

Two stories today  in what may well be a sign of the crypto-currency's slow rise to relevance:

  • Bloomberg is going to start tracking the Bitcoin-U.S. dollar exchange rate on its data terminals.
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  • And on a more interesting note, every undergraduate at MIT is going to get $100 in bitcoins thanks to the MIT Bitcoin Club. They raised half a million dollars from alumni and "the bitcoin community." In their words, they fundraised to "spur academic and entrepreneurial activity."

Basically... every MIT undergrad just got a hundred bucks!

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.

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