LA y Shib issue: (Y Blood in the water (Y BC teacher's strike continues Y Let's get a party going And more! Have an idea for a story? Let us know! Contact: Angela Espinoza, News Editor Mnews@theotherpress.ca www. theotherpress.ca SFU becomes first Canadian university to accept Bitcoin donations » Simon Fraser Bitcoin Club president hopes this will be the first step in accepting Bitcoin on campus Leah Bjornson The Peak (SFU) FU is now the first university to accept Bitcoin Nelson, co-founder of dana.io, and Simon Fraser Bitcoin club president Mike Yeung making an initial donation of $6,000. The donation marks the first acceptance of Bitcoin at a Canadian post-secondary institution, as well as the first step for the Simon Fraser Bitcoin club towards getting the crypto-currency accepted at SFU. Yeung told the Peak, “We thought that making a pledge to SFU in Bitcoin and to use it to do good, especially on an : international basis, would be : areally good way to get SFU to : be more accepting of Bitcoin : and would also fit in with SFU’s : : engaging the world mission.” The $6,000 will be : used by SFU students donations, with alumnus Scott : Laurie Macpherson and : Lauren Shandley for their : humanitarian co-op project in : Kolkata, India. The two will : spend the fall term working : for Destiny Reflection, a social : enterprise that helps provide : livelihood opportunities for : vulnerable and rescued women : : who have been victimized by — : : human trafficking. “Bitcoin is an avant-garde In line with SFU’s mission : of “engaging the world,” : Mark McLaughlin, SFU’s executive director of ancillary : services, feels that Bitcoin : is particularly important : in enabling transactions in : less-developed countries, : especially for people who don't : have access to currencies or : bank accounts. “People in the : developing world don’t have : access to bank accounts like we : do, so now Bitcoin is enabling : them to do [more] commercial transactions,” he said. Concerning what this : project means to the Bitcoin : : club, Yeung believes the : platform enabling us to directly : : impact a wider community : with our humanitarian efforts,” : : said Macpherson in an SFU : press release. initiative shows that Bitcoin : is “actually something that’s tangible, that can be used : towards a good cause.” He also : hopes that this will provide : Macpherson and Shandley : with another talking point, : as both have been givenone —} : Bitcoin—worth approximately : : $550 each—to spend during : their trip. McLaughlin confirmed : earlier this month that the : university is considering the : instalment of Bitcoin ATMs : in its bookstores, as well as : acceptance of Bitcoin in its : dining services. “It’s an ongoing process : where we're looking to install : some ATMs on campuses, as : well as to get the bookstore to : accept Bitcoin and to reward : users of Bitcoin with perks,” : explained Yeung. The university has also : added a Bitcoin donation : option to its “Ways to Give” : website page. Yeung believes the initiative shows that Bitcoin is ‘actually something that’s tangible, that can be used towards a good cause. “We can't be afraid of change. We have to look at : these new technologies and : learn,” said McLaughlin. While McLaughlin and : Yeung admitted that “all of this : is still in beta-testing mode,” : Yeung expects some of these : features to be seen on campus : in the fall. Must haves: provided) Pay: $450/month editor@theotherpress.ca The Other Press is hiring a Sports Editor. The Sports Editor is responsible for compiling a finished section—roughly 5-7 original, quality articles—whether through editing content from contributors or writing articles themselves. 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