Posted 11/21/2013 at 12:21 PM
Posted 3 years ago
The first ever university on planet Earth to allow Bitcoin virtual currency to aid in students paying tuition, is now a reality. The University of Nicosia, in Cyprus, will accept payment from its students either facilitated through online payment or its financial headquarters.
Bitcoin may seem like something you have used when you have went to a movie theater and then after the feature film played arcade games. You bought them with cash and played Guitar Hero or maybe opted to clown around making faces with your partner in the photo booth.
For goods purchases Bitcoin would not be so practical. So, right now, UNic has sought it as the payment option for the international studentship it boasts. There are over 5,000 students in the University of Nicosia.