Someone asked me about a "Bitcoin University", though I am still not sure what exactly is proposed. Slightly more realistically, it might be interesting to create some sort of "Bitcoin Scholarship Foundation" (or whatever we want to call it) that would disburse grants, bounties, etc in Bitcoins, hence the name. Certainly there is no shortage of research projects, some directly related to Bitcoin, even, that want funding. Also, with enough coins available we could put a kid through Harvard or MIT every couple of years.
If someone has the sort of truly massive hoard of coins it would take to do this, make like a philanthropist and prove that Bitcoin is the positive disruptive technology we were promised and not an experiment or pyramid scheme or black market! The usual sort of foundation could be set up, with a committee to decide what to do with the money and an independent set of treasurers to control the actual coins through an m-of-n arrangement. Also we would need some reliable way to invest the capital in order to produce a decent yet safe return of coins to work with.
As they say, the more Bitcoin Foundations the merrier. Decentralization ftw and all that.
2) Why would anyone want to get somebody through Harvard/MIT? I've looked at their lectures online and while of course being very good, I didn't see any substantial difference to my university, they only have a better brand (and charge for that...).
Following this logic, I didn't see any difference between the public transportation system in Los Angeles and Paris, Texas. If anything, the latter is slightly cleaner and smells better. All LA has going for it is the brand (and they charge you for it!). The happenstance that all the movie studios are also located there is of no importance whatever, and similarly the fact that all the people that matter live there bears nothing in the discussion. It's not like accidentally running into one of them during a social function can possibly have any sort of effect on your future. Finally, the incidental that all the money and fixed means of production are pretty much concentrated there is of no interest. What does it matter that MIT has billions of dollars' worth of lab equipment collecting dust all around? It's not like you were going to use any hardware to type your advanced notions on a forum or anything like that.
Consequently, I would imagine some chick hoping to break into acting has about the same chances waiting tables in Burbank or in Bonham (the same could not be said of Berlin, Wyoming, on account of the fact that there's no Junior College there).
