Announcing the MIT Bitcoin Project
This is very interesting. Having that many people all holding BTC will have a bootstrapping effect around MIT.The three obvious effects are:1. stores near campus will (probably) start supporting it2. the black market on campus will (surely) start accepting it3. Some undergraduates will invent things using itI 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.