University of Nicosia students will pay with Bitcoin

University of Nicosia, Bitcoin for students to pay tuition university was the first to admit.

Any government , or private organizations not belonging to the bank and determine the value of the Bitcoin internet users , for the first time on a university recognized by the world and can be used as payment was legal . University of Nicosia so special that accept Bitcoin was the first official institutions . Good times fluctuated Bitcoin adoption by the university at the same time financially for the school as a form of risk is interpreted . Established in 1980, the University of Nicosia 's 5 million students .

All institutes and departments that could pay with Bitcoin

The first official institution that accepts Bitcoin private University of Nicosia is actually not surprising . In June of 2013, Net Holding's owner 's son Kerem Tibuk Besim Tibuk by companies established in the TRNC and Turkey, and Turkey has entered began to buy virtual currency Bitcoin . The world's first university , students' fees Bitcoin payments with offers that the official site and informing the student of the Bitcoin a payment made by the euro converting Bitcoin for the moment with a very high exchange rate volatility hedge intended to say. Private University of Nicosia Councillor Dr . Christos Vlachos, universities in the world that Bitcoin is the first official agency said in a statement for the following records :

"Financial systems, international money transfers, e-commerce and global economic development will significantly accelerate virtual money that we think we are aware of the inevitable technological advances . With Bitcoin payment method available in all countries institute and digital agency services by making them available to our chapter activities aim to benefit from . "

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