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Cyprus University Accepts Bitcoin For Tuition Fee Payments

An anonymous reader writes "The University of Nicosia has begun accepting bitcoins as payment for its courses, as well as launching a Master of Science degree focusing on digital currencies. The announcement is part of a proposal set up by the university to develop the Mediterranean island into a hub for bitcoin trading, processing and banking, as use of the virtual currency continues to gain traction." Warning: Auto-playing ad, with sound.

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  1. Just Great... Cyprus University? Really? by bobbied · · Score: 4, Interesting

    http://en.wikipedia.org/wiki/University_of_Cyprus

    This is a "close cover before striking" diploma mill in the middle of the Mediterranean Sea. Taking BitCoin is just out of a desire to avoid the costs of getting money into/out of Cyprus which is in serious trouble. Looking at their website though proves that it's all Greek to me...

    --
    "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101