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What happened to MIT Bitcoin project? (self.Buttcoin)

sciencehatesyouSorry for your loss が 投稿

What's the final verdict on what happened to the $500k that was supposed to be distributed to incoming first year students?

I gather that a token amount was distributed, but fell far short of the half mil. What happened to the rest of the money? Did MIT investigate? Did someone get away with robbing the MIT alumni?

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[–]Heywood12 3ポイント4ポイント  (1子コメント)

Noam Chomsky destroyed it with the power of Talking Things to Death.

[–]ButtersBeButtin 2ポイント3ポイント  (0子コメント)

It was stated at the outset that they would collect the money and offer $100 of it to students. Whatever bitcoins that were not given out would go back to the MIT Bitcoin Project.

IIRC there only a few people who collected their free bitcoins, although the Bitcoin club never said exactly how many, and the rest of the $500k went back to the Captains of Industry who organized the project - it's the bitcoin way after all.