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> This offer is good for select .edu domains only . We have tried to include the top 500 universities worldwide (this is not U.S. focused) . I’m not aware of a university outside of the US that uses a .edu TLD…
>We have tried to include the top 500 universities worldwide Eh, doesn't Coinbase operate only in the US?
It's a shame, because I know a lot of people who would like to experiment with Bitcoins.
Earlier quoted context omitted.
The difference being that most of these students will receive the free bitcoin and hold, hoping they appreciate in value, instead of transacting and contributing to the network effect.
Is this myth not dead yet? People spend bitcoin and want to spend it. There is also speculation and hoarding, but no universal law that says you can't do both. $10 isn't even much to hoard. If the price goes up 10x that's still just $100. This is more like, "Oh, you got our drinks, I'll pay you back in btc!" kind of money.
The myth here is that "people want to spend bitcoin." Just take a look at the bitcoin transaction volume merchants are seeing beyond the first few days.
Works for University of Birmingham (UK) email addresses. @bham.ac.uk
>My apologies for the trouble! In some cases, we may not be able to credit this promotional bonus to new accounts. If we are able to credit it to your account, it will be displayed on the Transactions page immediately after signup.
>If another user used the same device to redeem the .edu promotional bonus, we unfortunately would not be able to credit it to your account at this time.
Earlier quoted context omitted.
Is this myth not dead yet? People spend bitcoin and want to spend it. There is also speculation and hoarding, but no universal law that says you can't do both. $10 isn't even much to hoard. If the price goes up 10x that's still just $100. This is more like, "Oh, you got our drinks, I'll pay you back in btc!" kind of money.
How and when did hoarding bitcoin become a myth? Last I checked number of transactions per day was decreasing. And the C2C aspect you describe is unlikely to take off given the ease of cash or tools like Venmo, and lack of availability of bitcoin apps on iOS. The myth here is that "people want to spend bitcoin." Just take a look at the bitcoin transaction volume merchants are seeing beyond the first few days.
Are you looking day to day trends? Because if you step back a little you'll see that transactions have done nothing but increase.