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Author Topic: [2014-09-05] MIT Coop to accept bitcoin payments  (Read 617 times)
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September 05, 2014, 08:36:02 AM

From T-shirts to trinkets bearing the school logo, the COOP store at the Massachusetts Institute of Technology lets shoppers show off their high-tech bona fides. Now there’s another way: Customers can pay for their purchases using the electronic currency bitcoin.

The campus bookstore says it is the first in the nation to accept bitcoin, a fringe payment system that is gaining popularity for its low transaction fees and perceived security. Several major retailers, including Amazon, Target, and Victoria’s Secret, accept bitcoin payments.

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