So MIT alumni selling drugs, will accept illegal transactions which are displayed on a virtual leather board where everyone has access and can never be erased?
I would expect MIT students to be smarter than that. Not to mention that most students will prefer to pay in USD than BTC.
ps. Bitcoin as a form of payment, has a really questionable success. If a virtual currency is going to be accepted by the public, will have to be state-backed in some way. So bitcoin as a currency, might be (extremely) interesting, but I'm sure 100% it will never be able to replace FIAT in it's current form.
A virtual ledger board that, with a small amount of effort, contains no information about the physical person who controls a wallet. Of course, MIT could implement the Bitcoin handout in such a way they they know the initial recipient of each wallet.
I would expect MIT students to be smarter than that. Not to mention that most students will prefer to pay in USD than BTC.
ps. Bitcoin as a form of payment, has a really questionable success. If a virtual currency is going to be accepted by the public, will have to be state-backed in some way. So bitcoin as a currency, might be (extremely) interesting, but I'm sure 100% it will never be able to replace FIAT in it's current form.