The MIT Hand-Out

In a bid to spark creativity in some of the most fertile young minds on the planet, every MIT undergraduate is to be given $100 in Bitcoin.

With 4,528 undergraduates at MIT the project had to raise $500,00 which it has done, mainly from alumni.

Knowing that every other undergraduate has a Bitcoin stash to use will, hopes the organisers, get the students to ask themselves: ‘What are you going to build to give them interesting ways to use it?’

I expect, and hope, that present day undergrads are more conscientious than my undergraduate contemporaries of whom, I must confess, the majority would have passed their stash across the bars of the King’s Arms.

Tags: MIT

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