The Times Newspaper Ad “Bitcoin Baby” Seeks College Tuition Donation Fees for Newborn
Izabella Bowles might just be a week old but her parents are already looking to secure her educational future using Bitcoin. Through an ad posted over the weekend, Izabella’s parents are hoping to raise a decent amount of BTC so that their daughters’ future tuition fee will be taken care of.
More On The Matter
Last Saturday’s listing page on The Times looked quite different as amongst the many new reported births and marriages there was also a peculiar ad which read – “Bitcoin Baby”. Also worth noting is the ad appears in the same newspaper where Satoshi Nakamoto (the pseudonymous individual responsible for the creation of Bitcoin) famously derived his encoded genesis block headline.
Even though this is not the first time a family has tried to use such an ingenious method of raising funds for their child’s education, as far as we know, Bitcoin has never been used for such a purpose.
Lastly, it is also worth noting that the Bowles’ fundraising campaign has already garnered a positive response from the global BTC community— with little Izabella’s BTC address having already procured a total of 0.84 BTC from 75 transactions within a span of just 48 hours.
As things stand, it is estimated that the average cost of four-year university education in the UK currently costs around $52,000. In this regard, Izabella’s tuition fund has already reached around 10% of its final target.
With that being said, opinions regarding this entire episode have been quite divisive, with many people calling this fundraising tactic a novel way of “begging”. Not only that, but some folks also have an issue with the fact that Izabella’s parents have used her real identity to raise money (which could, in the future prove disastrous since Izabella’s name will now forever be tied with a cryptocurrency).