500 new students in the Computer Science, Media and Communications disciplines at HAN University in Arnhem, Netherlands will receive 2 euros worth of bitcoins (0.0053 BTC) as part of introducing and educating them on cryptocurrency.
They will also be given wallets and instruction on how to operate a local Bitcoin ATM.
A deal was also made with local pubs to offer discounts when purchasing with Bitcoin.
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The university is partnering with local Bitcoin payment processor BitKassa to facilitate the distribution.
The country has become a bit of a Bitcoin haven. At the opposite end of the country in The Hague, Bitcoin Boulevard has been a success and has inspired its US counterpart in Cleveland Heights.
The distribution may have been inspired by that taking place at MIT, where in a few days each undergraduate student will receive $100 worth of bitcoins. In addition to the wide gap in the amount awarded, the message being given over to the students differs as well: MIT is encouraging research and projects with the coins, whereas HAN is encouraging students to spend them how they wish.