Colleges Still Getting to Grips with Bitcoin Donations ...

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In 2014, the co-founder and vice chairman of Blockchain, Nicolas Cary, donated $10,000 to the University of Puget Sound. Cary’s donation of 14.5 BTC used Bitpay to facilitate the transfer, which would be worth $58,000 today, but the gift was turned into fiat immediately. In February 2014, cryptocurrency expert and University of Puget Sound alumnus Nicolas Cary decided to gift his alma mata $10,000 in Bitcoin. The donation took the university by surprise, as it simply did not know what to do with the donation. As a result, Cary had to step in and teach the university how to accept his gift. Bitcoin-Maske; Universities Are Reluctant to Accept Crypto Donations. The vast majority of colleges are still very uncomfortable with accepting cryptocurrency donations. This mindset might not change anytime soon amid concerns about volatility and taxation. Cryptocurrency and blockchain are still hot discussion topics across many university campuses, despite turbulent markets in 2018. A ... Bitcoin Mask; Universities Are Reluctant to Accept Crypto Donations. The vast majority of colleges are still very uncomfortable with accepting cryptocurrency donations. This mindset might not change anytime soon amid concerns about volatility and taxation. Cryptocurrency and blockchain are still hot discussion topics across many university campuses, despite turbulent markets in 2018. A growing ... This is the issue that the University of Puget Sound had to deal with recently, after its former student, Nicolas Cary, decided to gift the school with 14.5 BTC ($10,000 at the time of the donation). At first, the University was unwilling to accept the gift, and Cary, who is also the vice chairman and co-founder of Blockchain.com, had to convince them to do so. Furthermore, he also had to ... The University of Puget Sound had a first-hand glimpse into the murky world of cryptocurrency donations a few years ago after an alumnus wanted to give $10,000 in Bitcoin. According to Bloomberg , the school used Bitpay to help facilitate a transaction that saw Nicholas Cary donating 14.5 bitcoins — worth about $10,000 at the time — to an Atlanta bank in 2014. This is the issue that the University of Puget Sound had to deal with recently, after its former student, Nicolas Cary, decided to gift the school with 14.5 BTC ($10,000 at the time of the donation). At first, the University was unwilling to accept the gift, and Cary, who is also the vice chairman and co-founder of Blockchain.com, had to convince them to do so. Furthermore, he also had to ...

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Binance Coin Cryptocurrency Review: BNB - Undervalued or Over Priced?

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