Announcing the MIT Bitcoin Project
This is very interesting. Having that many people all holding BTC will have a bootstrapping effect around MIT.<p>The three obvious effects are:<p>1. stores near campus will (probably) start supporting it<p>2. the black market on campus will (surely) start accepting it<p>3. Some undergraduates will invent things using it<p>I think #1 and #2 are more interesting by far than #3... I can't wait to see what happens when BTC and USD are even vaguely on the same footing in a geographic area.