Chicago Students Get Free BTC For Educational Purposes

[abayan]

The Blockchain Education Network (BEN) has announced a Bitcoin airdrop to four Chicago Universities today. This year BEN’s “Back-to-School Blockchain Initiative” has spread to more cities than ever before to show students the power of cryptocurrency.

https://news.bitcoin.com/chicago-students-free-btc-educational/

From the article:

"According to a recent report from the Boston Globe despite a $500,000 in Bitcoin giveaway cash and credit cards still ruled the roost on campus. The article seemed awfully bias towards downsizing the benefits of cryptocurrency education."

Who pays for this? Half a million dollars is a lot of money to give away.

3,110 students signed up

$150 per person. In any currency, that is nice for students.

Although that is not from the reliable site, i will giving my appreciate. but i don't believe if that is a real things, because $500000 it's a much amount and that's will not effective caused by the student is just wanna for joining the educational caused by money.

Agree that is really a big amount of money just to used it for educational purpose. Then what they do to that big amount of bitcoin? I cant imagine how they spend store used or experiment that big amount of bitcion

[NetFreak199]

The Blockchain Education Network (BEN) has announced a Bitcoin airdrop to four Chicago Universities today. This year BEN’s “Back-to-School Blockchain Initiative” has spread to more cities than ever before to show students the power of cryptocurrency.

https://news.bitcoin.com/chicago-students-free-btc-educational/

From the article:

"According to a recent report from the Boston Globe despite a $500,000 in Bitcoin giveaway cash and credit cards still ruled the roost on campus. The article seemed awfully bias towards downsizing the benefits of cryptocurrency education."

Who pays for this? Half a million dollars is a lot of money to give away.

3,110 students signed up

$150 per person. In any currency, that is nice for students.

Although that is not from the reliable site, i will giving my appreciate. but i don't believe if that is a real things, because $500000 it's a much amount and that's will not effective caused by the student is just wanna for joining the educational caused by money.

Agree that is really a big amount of money just to used it for educational purpose. Then what they do to that big amount of bitcoin? I cant imagine how they spend store used or experiment that big amount of bitcion

Agree $500000 is too much for the student just to used it into a educational purposes. 5 bitcoin is enough for them to used it in educational purposes. That amount of bitcoin is they can understand how the bitcoin works, how the process been done and how efficient it is. I think it is just a joke or not reliable news.

[JeffBrad12]

i can not confirm this by person, but also heard about it. as far as i know most just wanted the money and exchanged it to fiat or bought something. but i guess this was to expect. 

That's just the basic mind of everyone about bitcoin, but just waiting more about that and what the result...?seems like just giving an educational for forced for educating their mind caused by money and not from their real intention is grow from their heart.

[philiveyjr]

This is a great way to introduce students to bitcoin. It can also promote bitcoin and bring in people that have new ideas and uses for bitcoin and other altcoins.

Last year there was a similar thing where students from MIT got free bitcoins. I doubt anything came out of it. From what I heard most of the coins just got sold to the highest bidders or got traded for normal things.

[carlfebz2]

bitcoin.com is not that much reliable and I just googled no other news feed is covering this. Lets wait for any Chicago universities' student cum this forum member to confirm this.

I think you watch to much porn, it's not cum but come as a verb to come here in the forum as I guess that's what you mean by your last sentence of the quoted post : ). It's really good to stimulate students to use bitcoins cause maybe the next genius of cryptography is right there at any of these universities.

By the way too much porn is bad for your health .

Haha you got it, ive noticed it too on using cum  in his sentence. Maybe you are right  he's watching porn too much for sure. by the way back to the topic, these  kind of  air drops  would be a good advertisement  on bitcoin existence and  as you said it would stimulate students  on their knowledge about bitcoin and would somehow create future  geniuses. Some may say these news is just a hype  but it doesnt matter  if its true or not.

[Dudeperfect]

I am not sure is this confirmed news or not but let’s be optimistic and hope for the best. It’s really great that they are spreading awareness through constructive purpose which is hitting two birds in single stones, one is bitcoin awareness and second one is concrete investment. Since they are building awareness in students which would definitely help to bring fresh users in the community, we would also see educated users in bitcoin user base.

[dollarneed]

The Blockchain Education Network (BEN) has announced a Bitcoin airdrop to four Chicago Universities today. This year BEN’s “Back-to-School Blockchain Initiative” has spread to more cities than ever before to show students the power of cryptocurrency.

https://news.bitcoin.com/chicago-students-free-btc-educational/

From the article:

"According to a recent report from the Boston Globe despite a $500,000 in Bitcoin giveaway cash and credit cards still ruled the roost on campus. The article seemed awfully bias towards downsizing the benefits of cryptocurrency education."

Who pays for this? Half a million dollars is a lot of money to give away.

3,110 students signed up

$150 per person. In any currency, that is nice for students.

Although that is not from the reliable site, i will giving my appreciate. but i don't believe if that is a real things, because $500000 it's a much amount and that's will not effective caused by the student is just wanna for joining the educational caused by money.

it could be possible, however that's lot of money if they're giving that amount only for one person, it will be effective if they're just giving 15 dollars or maybe 5 dollars for a student, anyway this actually good step to introducing bitcoin to the mass, especially for the student, since they more interested on some new technology.

[ObscureBean]

That's pretty cool, even if they all immediately sell their Bitcoins for fiat, it would've at least help generate some buzz about crypto. Not sure if this news is legit though, saw a post on Reddit from a guy who claims he got 1 whole Bitcoin from the drop, that's a pretty big amount to receive for free. 0.1 BTC would've been more than enough I think.

[xdrpx]

I read about this airdrop yesterday and it reminded me of the time when there was a similar airdrop at MIT. Lots of students were given $100 worth of Bitcoins to invest/start their own Bitcoin related ideas or to spend it on something. I'm sure a lot of people in Chicago would have educated themselves and benefited from BEN's airdrop.

[davis196]

The Blockchain Education Network (BEN) has announced a Bitcoin airdrop to four Chicago Universities today. This year BEN’s “Back-to-School Blockchain Initiative” has spread to more cities than ever before to show students the power of cryptocurrency.

https://news.bitcoin.com/chicago-students-free-btc-educational/

Great idea,but for what they will use the bitcoins they get for free?


I`ve never heard of this Blockchain education network before.

Interesting initiative.

[posternat]

The Blockchain Education Network (BEN) has announced a Bitcoin airdrop to four Chicago Universities today. This year BEN’s “Back-to-School Blockchain Initiative” has spread to more cities than ever before to show students the power of cryptocurrency.

https://news.bitcoin.com/chicago-students-free-btc-educational/

Great idea,but for what they will use the bitcoins they get for free?


I`ve never heard of this Blockchain education network before.

Interesting initiative.

Awesome.  The more people know about Bitcoin, plus the currency appreciates. I hope this measure expand to other universities.

[dihari]

Is it real news or just a claim like any others news that spread?
Btw yes we need this, we need more introduces bitcoin to all of the people. Maybe they can do that in many countries.

[Daniel91]

Well if true, this will be very interesting news but somehow I don't believe it.
How many students are at Chicago university, several thousands?
So, how much Bitcoin they should receive for free?
Million dollars?
No way!
I think that much more realistic approach will be to invite them for public lecture about new virtual currencies and, if they became interested, show them where to buy or earn their first Bitcoins.
Some of this students surely already know about Bitcoin and using it regularly.
Bitcoin is not top secret any more
 

[dollarneed]

Great idea,but for what they will use the bitcoins they get for free?

Of course for educational purpose. To educate students what is bitcoin and how to transaction with it.

I`ve never heard of this Blockchain education network before.

You might visit these links:

https://www.facebook.com/blockchainedu/
https://blockchainedu.org/

[Doamader]

Well one thing is sure from those students someone will get interest into crypto and who knows a new team of crypto borns and create another great coin just for students or university, i do believe its a good step to share bitcoin with the future.

[Chrismeister]

bitcoin.com is not that much reliable and I just googled no other news feed is covering this. Lets wait for any Chicago universities' student cum this forum member to confirm this.

If I was that student I would trade in those Bitcoin right away because for a student it is handier to just have money instead of Bitcoin.
The student are busy enough with school and they do not really need Bitcoin on top of that.

[Milkduds]

Would be a good experiment to tap into the educated class and get them used to using bitcoin on and around campus. If political views are any example of how things change and reach out from these campuses,then you can expect a bit of users that would stick with bitcoin as they moved into normal life.
Troubling that a area that has faced such high gun violence would dump such a large amount into learning how to use bitcoin though.

[Kprawn]

Well one thing is sure from those students someone will get interest into crypto and who knows a new team of crypto borns and create another great coin just for students or university, i do believe its a good step to share bitcoin with the future.

If you can enrol in expensive universities like that, $150 would be your drinking money for a weekend. If you did this on a much larger

scale in one of the African countries, you would have reached 10 000 people and adoption would have been much easier. We have

already seen how M-Pesa has taken off in Africa... why not Bitcoin? ....The rich will get richer and the poor will suffer.. old story, new

vehicle. 

[European Central Bank]

If you can enrol in expensive universities like that, $150 would be your drinking money for a weekend. If you did this on a much larger

scale in one of the African countries, you would have reached 10 000 people and adoption would have been much easier. We have

already seen how M-Pesa has taken off in Africa... why not Bitcoin? ....The rich will get richer and the poor will suffer.. old story, new

vehicle. 

yeah. I guess the thinking is that people at fancy universities are future thought leaders in some way.

however there are billions out there right now who could be making practical use of it right now. they also know billions of others people in the same boat. let's throw money at some real vision.

[botany]

wasn't there an mit airdrop? never heard much about that ever again. I don't think handing stuff out at random ever really works. not sure how they're operating this, but it's way better to get people to register an interest and then hand it over.

Yes, there was an MIT airdrop of $100 worth of bitcoins to each student.
If an (wealthy) alumnus of that institute has an interest in bitcoin and feels that an air-drop to his college would increase adoption, then nothing like it.