TACOMA, Washington - In what may be the first college donation of the new electronic currency, a Bitcoin entrepreneur has made a $10,000 virtual donation to a Washington state liberal arts college.
The University of Puget Sound said on
Wednesday it had received a donation of 14.5 coins of the digital currency,
which it has converted into more traditional dollars.
Bitcoin is an open-source currency affiliated with no country or bank. Peer-to-peer trading began in 2009.