Bitcoin accepted by university in Cyprus

[techstorm2]

http://www.cnbc.com/id/101217586


The University of Nicosia in struggling euro zone nation Cyprus is to become the first university in the world to accept the virtual currency bitcoin, according to a press release on its website.
The educational facility - the largest private university in Cyprus - will also offer a Master's degree in digital currency and plans to develop Cyprus into a hub for bitcoin trading, processing and banking....

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[corebob]

Its apparent from the video in that article, many journalists still think bitcoin is maintained by nobody.
I guess its hard for people to grasp that it is maintained by everybody, literally.
Everybody is a watchdog watching everybody  

[Jeremiah2911]

Another positive step forward for Bitcoin.

[biteasy]

Our company is based in Cyprus so we can tell you for sure that a lot of people started looking at bitcoin after the "haircut".

[BadBitcoin (James Sutton)]

excellent decision by the administrators, I hope that the bitcoin cyprots take this to their legislators to see if they would be interested in adopting bitcoin as an acceptable form of payment to pay tax, etc.

If this happened I'm pretty sure I'd migrate any potential business I might be forming to cyprus, and I could certainly imagine quite a few wealthy bitcoin holders would consider the same.

[dominicwin]

Good for them!!