BURNABY (NEWS1130) – Bitcoin ATMs could be a feature at Simon Fraser University this fall, if the school approves a pilot project under consideration.
Under the project, students could even use the digital currency to pay for food on school grounds.
“We’re looking to fully integrate into the SFU bookstores,” explains Simon Fraser Bitcoin Club president Michael Yeung. “All three should be ready to take Bitcoin payments as soon as early October.”
Yeung says he’s been working on the plans with the school for over half a year. “We believe that Bitcoin has the potential to impact world finance [and] world commerce, the same way the Internet has done in the last 20 years.”
He notes the school has no plans to look at accepting Bitcoin for tuition payments, but he’s hopeful that will change if the currency goes mainstream.
The university is also considering hosting a three-day international Bitcoin expo on its Vancouver campus this fall.