Quote from: John (John K.) on November 09, 2014, 09:44:19 PM

Quote from: freedomno1 on November 08, 2014, 11:58:44 PM

Quote from: ruthless09 on November 08, 2014, 08:31:22 AM

Quote from: freedomno1 on November 08, 2014, 07:26:38 AM

Quote from: alice chan on November 08, 2014, 05:31:45 AM

Quote from: freedomno1 on November 08, 2014, 01:05:40 AM

It will be interesting to see how many merchants go to MIT trying to get them to sell their coins
Might spread from there anyways interesting experiment
Hope for its success

Apparently the MIT bookstore started accepting bitcoin shortly after the project was announced

I guess naive first year students will fall for that trap and use it for a book discount (sort of)
I'm assuming they have a used bookstore and the normal bookstore offers at a premium so if they were going to save some money they would buy used with cash unless they couldn't find it then use BTC at the main store.

Both the community college and university that I went to had only one "real" bookstore that would sell both "new" and "used" books side-by-side. The used prices were really not that much better

For me there was a Bookstore that sold used and new books side by side
Then there was a different bookstore that sold the same books at a larger discount because students set the prices for what they want to sell the book for as a result they almost always underbid the used price at the bookstore.

At other university same idea but the main bookstore and the used bookstore were in separate buildings instead of across from each other, so first year students wouldn't be aware of them.

The MIT coop accepts BTC (and has a bitcoin atm just inside) for some time now. The guy working there told me that they have had been seeing an increased amount of people using bitcoin there, although he personally have never handled such a transaction though. The prices in there are competitive.

The ATM will probably generate additional interest in bitcoin by the students as they are forced to look at it/pass by it anytime they go in. Hopefully this will enable the bitcoin economy in cambridge to flourish like it has in vancouver and sanfrancisco