School Bank Experiment – Update #2


247 BTC

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


Initial Post – 20 Jul 2014

Update #1 – 23 Sep 2016

Summary: For the last 3 years I've been paying the same amount (Normally about AUD$2 per week) to each of my kids towards their school bank account and the same $ value to their individual bitcoin wallets as an experiment. This is the 3rd year it has been running from day the school started the bank accounts.

The experiment was to:

  1. See the difference in value between the accounts. This was my initial experiment.

  2. The kids have the choice to change the percentage investment to either account. So far its still 50/50 but I'm interested to see if/when they decide to change that.

As of 1 May 2017:

  • Bank Account: AUD$360.00 (US$271)

  • Bitcoin Wallet: 764mBTC (AUD$1416, US$1062)

See you all next year.

submitted by /u/bundabrg
[link] [comments]


247 BTC

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


Leave a Reply