The University of Nicosia has become the first accredited university to let students pay tuition and fees with Bitcoins. This decisions is part of a larger initiative to turn the university into a hub for Bitcoin research, starting with a Master of Science in Digital Currency degree to be offered in spring 2014. Bitcoin is here to stay, bets Nicosia “Digital currency is an inevitable technical development that will lead to significant innovation in online commerce, financial systems, international payments and remittances and global economic development,” Dr. Christos Vlachos, member of the Council of the University of Nicosia, and the…