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Bitpay to Sponsor GT

Discussion in 'Georgia Tech Football' started by Eric, Jul 20, 2014.

  1. Eric

    Eric Retired Co-Founder Staff Member

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  2. jeffgt14

    jeffgt14 We Suck

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    We're such nerds.
     
  3. Fatmike91

    Fatmike91 Helluva Engineer

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    Just curious, are they paying us in real money, or in bit coins? :)

    /
     
  4. Eric

    Eric Retired Co-Founder Staff Member

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    They are run by GT Alums..good move for us.
     
    Ggee87 and vamosjackets like this.
  5. Ggee87

    Ggee87 Helluva Engineer

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    I like the idea of bitcoins. Basically untraceable money if you do it correctly. Alot of the underworld uses this im sure. Im curious to see how successful these types of companies become. IMO It spells out clearly that the world is trying to transition into 1 currency. Not to get too conspiracy theorist on this site, but I dont personally like the implications of this.
     
    ATL1 likes this.
  6. ATL1

    ATL1 Helluva Engineer

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    NWO !!! NWO !!! NWO !!!
     
    jeffgt14 likes this.
  7. GTNavyNuke

    GTNavyNuke Helluva Engineer Featured Member

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    I like the idea. BitCoin is likely, although not certain, to become a large part of the world's financial world's transactions. Just like Nike has sponsored Oregon, this could be the start of something bigger for GT.

    http://en.wikipedia.org/wiki/Bitcoin. As BitCoin may to some extent displace credit cards and central banks, these organizations need to protect their interests from something new. Any form of payment can be abused for illegal reasons, BitCoin maintains a public register of transactions; but thieves have been getting around constraints forever. Interesting discussion in the Wiki article.
     
    vamosjackets likes this.
  8. cyptomcat

    cyptomcat Helluva Engineer

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    They are currently the leading bitcoin payment company if I remember currently. It would be awesome if an Atlanta Tech company made it huge, one that is a GT start-up!
     
  9. John

    John Peacekeeper Staff Member

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    I'm still waiting for the Soylent sponsorship although they aren't based in ATL. :cool:
     
    cyptomcat likes this.
  10. cyptomcat

    cyptomcat Helluva Engineer

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    Forgot about that one. GT grads are doing great things!
     
    John likes this.

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