Alternative to Bitcoin called Blinky Blinkies?

[meanig]

Can someone from the University of Ottawa give more info on this story.

http://www.metronews.ca/ottawa/local/article/1122713--student-in-battle-with-u-of-o-over-his-currency-proposal

A University of Ottawa student was found guilty Monday of escaping lawful custody in April after he ran away from campus security guards onto an OC Transpo bus while handcuffed

He was charged with mischief, breaching the peace and escaping lawful custody, but the first two charges were dropped, he said.

The judge in his trial heard about his “Blinky Blinkies” — a form of currency similar to the Internet-based currency Bitcoin — because security guards testified that he was throwing them to a crowd of students when he was arrested.

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[Kluge]

I'd be interested in hearing how blinky blinkies could "eradicate tuition fees" when the currency is "independent of society" and designed for that specific campus. Do you go work for the campus, receive glorified scrip, then use it to pay tuition?

[Stephen Gornick]

The judge in his trial heard about his “Blinky Blinkies” — a form of currency similar to the Internet-based currency Bitcoin —

Haha, love it.  Bitcoin is now deemed to be known widely enough that it can be used in a comparison like this without Bitcoin itself requiring further definition!  Remember that one year ago Bitcoin had mostly only been known to Slashdot readers and This Week in Tech / Steve Gibson viewers.

I'm just imagining the progress in another twelve months!

because security guards testified that he was throwing them to a crowd of students when he was arrested.

Someone must have video of that on their mobile phone.  Classic!

Anyone willing to sell their Blinky Blink?

[Phinnaeus Gage]

The judge in his trial heard about his “Blinky Blinkies” — a form of currency similar to the Internet-based currency Bitcoin —

Haha, love it.  Bitcoin is now deemed to be known widely enough that it can be used in a comparison like this without Bitcoin itself requiring further definition!  Remember that one year ago Bitcoin had mostly only been known to Slashdot readers and This Week in Tech / Steve Gibson viewers.

I'm just imagining the progress in another twelve months!

because security guards testified that he was throwing them to a crowd of students when he was arrested.

Someone must have video of that on their mobile phone.  Classic!

Anyone willing to sell their Blinky Blink?

http://www.youtube.com/watch?v=n2B2KY23caQ

[Mousepotato]

It's the currency of choice for Flava Flave.

[Bro]

that's hilarious  

way to go, too bad he couldn't escape though

[Coinabul]

Satoshi goes missing... This guy goes to jail... connection?

[Phinnaeus Gage]

I'll tell you what! There's some crazy people in the world that believe some crazy things. 

“It’s decentralized, it’s not controlled by the banks,” he said, describing the currency as electronic light pulses. “It’s an innovative idea of replacing money on campus with a campus-specific currency that would enable a market independent of society. It’s one possible solution to eradicating tuition fees.”