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24 June 2021

Broke MIT students miss 13,000% gain on free BTC after selling for food and shoes

Broke MIT students miss 13,000% gain on free BTC after selling for food and shoes


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While many of the students presumably spent their freely obtained Bitcoin stash, with the MIT coop bookstore launching support for BTC as payment for textbooks, school supplies, and other MIT merchandise from September 2014, Bloomberg spoke to one student who still holds the Bitcoin MIT gave her seven years ago.

Bloomberg also caught up with other MIT alumni who had quickly spent their Bitcoin, with several participants lamenting they had spent their BTC on groceries or restaurants, including a nearby sushi joint that accepted Bitcoin as payment

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