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Xester (OP)
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January 26, 2017, 12:50:57 PM
 #1

There are many topics in this forum asking what can we purchase using bitcoin realtime. Aside from Starbucks selling coffe for bitcoin, schools accepting bitcoin as tuition and bitcoin operated arcade machines there is bookstore in Massachusetts that sells books in exchange for bitcoins.

The Massachusetts Institute of Technology (MIT) cooperative bookstore , is now accepting bitcoin for T-shirts, textbooks, school supplies and more. So if you are an avid reader and living at Massachusetts then feel free to visit this shop.

For more info read this link: http://www.coindesk.com/mit-bookstore-accepts-bitcoin/
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January 26, 2017, 12:56:12 PM
 #2

Sound good! It is good to know that the famous MIT's bookstore is accepting Bitcoin for their services. Hopefully this will spark more interest and get more people to join us.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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January 26, 2017, 01:28:00 PM
 #3

You can use bitcoin to purchase books on amazon as well (over 2.3 billion people use it).

http://bitcoinist.com/2-3-billion-people-use-bitcoin-amazon/

Via:
https://purse.io/
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January 26, 2017, 01:36:19 PM
 #4

Purse.io is giving the option to buy anything from amazon using bitcoin since a long time. However, MIT offers something equally interesting. If the normal people starts using bitcoin to buy goodies, that's a good development.

However, will it make normal people interested about bitcoin? If it does, then the initiative will be fruitful otherwise, it makes no sense. Bitcoin at this position, needs mass adoption to reach new heights. Otherwise, it will just become a traders game.

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January 26, 2017, 02:06:21 PM
 #5

Purse.io is giving the option to buy anything from amazon using bitcoin since a long time. However, MIT offers something equally interesting. If the normal people starts using bitcoin to buy goodies, that's a good development.

However, will it make normal people interested about bitcoin? If it does, then the initiative will be fruitful otherwise, it makes no sense. Bitcoin at this position, needs mass adoption to reach new heights. Otherwise, it will just become a traders game.

i think if there are many people spreading news about bitcoin in many places, normal people will be interested about bitcoin and they will be curious and will do searching and if they think that bitcoin is really good for them, i am sure that they will use bitcoin soon or later. i can say this because this is what happen to me when i know bitcoin for first time.



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jaberwock
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January 26, 2017, 02:06:31 PM
 #6

You can use bitcoin to purchase books on amazon as well (over 2.3 billion people use it).

http://bitcoinist.com/2-3-billion-people-use-bitcoin-amazon/

Via:
https://purse.io/

as far I know, only works on amazon.com, and the sites don`t sell gift cards for bitcoin for people outside the USA.

of course one may try the workaround of using a proxy, but not sure if would work or not

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January 26, 2017, 02:19:54 PM
 #7

Sound good! It is good to know that the famous MIT's bookstore is accepting Bitcoin for their services. Hopefully this will spark more interest and get more people to join us.

MIT has been one of the strongholds of Bitcoin for long. There is even a Bitcoin club in MIT.

http://bitcoin.mit.edu/about/

And the best thing about MIT is that many of the professors are also active supporters of the Bitcoin technology. For example, Professor Devavrat Shah has given many open lectures about the advantages of Bitcoin. We need such supporters to counter negative propaganda against the crypto-currency.
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January 26, 2017, 02:41:11 PM
 #8

Sound good! It is good to know that the famous MIT's bookstore is accepting Bitcoin for their services. Hopefully this will spark more interest and get more people to join us.

MIT has been one of the strongholds of Bitcoin for long. There is even a Bitcoin club in MIT.

http://bitcoin.mit.edu/about/

And the best thing about MIT is that many of the professors are also active supporters of the Bitcoin technology. For example, Professor Devavrat Shah has given many open lectures about the advantages of Bitcoin. We need such supporters to counter negative propaganda against the crypto-currency.

MIT club is a little off these days but Yes it is true that they are one of the Strongholds of Bitcoin. Bitcoin needs more supporters like MIT guys. Although Nowadays people are recognizing the value of Bitcoin and using it as a payment gateway in the businesses, it needs more customers to use it. Smiley

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January 26, 2017, 03:15:15 PM
 #9

We can actually use bitcoin in any store where visa/mastercard is accepted with the help of bitcoin debit card. However this news is good for book lovers, this may also help bitcoin to get more adoption. Thanks for sharing this article.
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January 26, 2017, 03:19:49 PM
 #10

Another big step by the company who did this and indeed a good one. I hope to see more of this. I guess I will just google it if they are doing shipping. This kind of sellers are the ones who should be supported, not the illegal stuff that have been killing bitcoin in people's mind.

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January 26, 2017, 03:38:19 PM
 #11

Sound good! It is good to know that the famous MIT's bookstore is accepting Bitcoin for their services. Hopefully this will spark more interest and get more people to join us.

This is a great news. I wish all the brand of book stores should accept bitcoins. It will give readers and book lovers to easily buy books online and get benefit. Even it can help students who do not have credit cards to buy books online.

.
.1xBit.com.
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January 26, 2017, 03:41:39 PM
 #12

MIT club is a little off these days but Yes it is true that they are one of the Strongholds of Bitcoin. Bitcoin needs more supporters like MIT guys. Although Nowadays people are recognizing the value of Bitcoin and using it as a payment gateway in the businesses, it needs more customers to use it. Smiley

The mainstream media is always trying to paint the Bitcoin (and the other crypto-currencies) as a payment system used exclusively by the drug sellers and pedophiles. If we get support from well reputed institutes such as MIT, then it will be easier to counter the negative propaganda. This will help in expanding the user base of Bitcoin.
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January 26, 2017, 04:08:55 PM
 #13

If some people that who cares about bitcoin with the ability to invest big amount of cash into project/business like this Bitcoin will strive for long because bitcoin needs businesses that are accepting coins for their payment and hope it will be worldwide like amazon so that people all over the world whos into bitcoin will be reach by these businesses. Hail MIT!  Grin

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January 26, 2017, 04:25:09 PM
 #14

Sound good! It is good to know that the famous MIT's bookstore is accepting Bitcoin for their services. Hopefully this will spark more interest and get more people to join us.

MIT has been one of the strongholds of Bitcoin for long. There is even a Bitcoin club in MIT.

http://bitcoin.mit.edu/about/

And the best thing about MIT is that many of the professors are also active supporters of the Bitcoin technology. For example, Professor Devavrat Shah has given many open

lectures about the advantages of Bitcoin. We need such supporters to counter negative propaganda against the crypto-currency.

MIT club is a little off these days but Yes it is true that they are one of the Strongholds of Bitcoin. Bitcoin needs more supporters like MIT guys. Although Nowadays people

are recognizing the value of Bitcoin and using it as a payment gateway in the businesses, it needs more customers to use it. Smiley

MIT is always innovative and a very jealous supporter of bitcoin. They have funded the work of three bitcoin developers with $900,000 the previous year http://www.coindesk.com/mit-seed-900k-bitcoin-developer-fund/. As far as it concerns bookstores which accept bitcoin I would like to add the British Columbia's Simon Fraser University (SFU) that its campus bookstore began to accept bitcoin payments from 26th May 2015. I wish and other bookstores especially the big online ones to accept bitcoins in payment options.
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