B.C. university embraces Bitcoin, accepts virtual currency for textbooks

Discussion in 'Financial Cents' started by Mindgrinder, May 27, 2015.


  1. Mindgrinder

    Mindgrinder Karma Pirate Ninja Jedi Bipolar WINNING M.L.F.

    B.C. university embraces Bitcoin, accepts virtual currency for textbooks

    "
    VANCOUVER - Will that be debit or Bitcoin?

    A British Columbia university has started accepting the digital currency Bitcoin at all of its bookstores, allowing customers to open their mobile wallets in what's believed to be a first for post-secondary institutions in Canada.

    Simon Fraser University has also installed automated Bitcoin vending machines on its campuses in Burnaby, Vancouver and Surrey.

    "It is still a very new, techie kind of subject and it takes — I think, for the average person — a lot of time to be able to understand it and be comfortable using it," said Michael Yeung, who founded the SFU Bitcoin Club that spearheaded the venture.

    "The way we've integrated it at the bookstore, allowing you to quickly buy bitcoins under 10 seconds and spend it under 10 seconds, makes it a lot easier."
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    Ganado likes this.
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