Some people stick by the original BTC others prefer the new faster version BCC or alternate technologies like DASH, ETH and XMR but for fast food enthusiasts they will surely be filling their bags with newly minted Whoppercoins.
Techblogger Special - Introducing the Whoppercoin!
I've written many articles in the past few months discussing how cryptocurrency is starting to get out of hand. There are ICOs with little to no purpose being launched every day, week and month. Burger King in Russia is getting in on the action with their new cryptocurrency 'Whoppercoin.'
If the cryptocurrency community doesn't take notice soon and start thinning the herd, the entire market could be at risk of a systematic collapse. But then again, the saying 'let the market decide' is as good as any in determining the future of crypto and altcoins.
Things may go as far as being able to exchange Whoppercoins for Bitcoin and there may even be a value determined by markets beyond 1 Whopper per Whoppercoin. Stranger things have happened..
Tell me more about the Whoppercoin...
According to an article in NYMag entitled 'Burger King’s Whoppercoin Is the Only Cryptocurrency That Matters' the Whoppercoin is not only real but may also serve a purpose in the near future.
Whoppercoin is the new cryptocurrency of Burger King Russia, according to local news reports. It’s built on a simple principle that is universally understandable: Buy one Whopper, get one Whoppercoin. Finally, a way to satiate both your appetite and your need for rather useless virtual money!
Customers can obtain Whoppercoin by visiting a Burger King located in Russia; for every Whopper ordered, they’ll receive one Whoppercoin in their very own special cryptocurrency wallet. And although there’s no telling exactly what the exchange rate will be for the Whoppercoin, Coin Idol reports that customers of Burger King Russia will be soon able to use Whoppercoin to purchase their very own Whoppers.
Because the tokens will have a use case, the ability to exchange for Whoppers there is an underlying value to this new cryptocurrency and in my opinion this is a great example of getting in on the hype and using it to sell some flippin' burgers.
Techblogger Wrap Up
Does this surprise you that fast food chains are already beginning their own ICOs, does it remind you of the saying 'once your next door neighbor is telling you to buy it, its probably time to sell.'
This is the feeling I get when I read articles like this. I've stopped buying coins and have started to look for promising new platforms in cryptocurrency. Previous recommendations include LISK, OMG, ETH and NEO. These currencies are here to stay in my opinion and most of the rest are doomed to fail.
What are your thoughts on the new Whoppercoin? Do you think this will translate into increased sales for Burger King?
Please leave thoughts and comments below.
Thanks for reading!
Image Source:
CoinTelegraph
Sources:
Burger King’s Whoppercoin Is the Only Cryptocurrency That Matters - NY Mag
Burger King Now Has Its Own Cryptocurrency—the ‘Whoppercoin’—in Russia - Fortune
Burger King Russia Launches Whoppercoin Token on the Waves Platform - NewsBTC
Lol. Whats next getting coins after you take a shit? If supply is not controlled the demand will fall and along with that all the investment made by people in cryptocurrencies. There are more than a thousand cryptocurrencies in existence right now, we need to really start thinning the herd as stated above. Btw great article!
Haha in this case you get one after you buy one... Lets hope the market thins the herd soon and hope we aren't hodling any of the coins earmarked for destruction!
I will never in my life invest in this! What a bunch of crap. People are taking the piss with cryptocurrencies.
ALL HAIL OUR NEW PRIVATE OVERLORD: BURGER KING!
[insert Ancapball "burger king missionaries and recreational nukes" maymay here]
Hi @techblogger, @nomad17 wrote about this an hour ago :)
https://steemit.com/cryptocurrency/@nomad17/strange-but-true-burger-king-russia-has-its-own-cryptocurrency-called-whoppercoin
technology man technology we eat tecnical burger
So many cryptocurrency in market emerging day by day...thats great
there are more than 900 cryptocurrency in market
nice post plezz follow and upvote me.i well back you
I can imagine a day after the financial apocalypse where whopper coins are the dominant currency.
Bacon Coins to follow shortly!
Sure... I've got some TechBlogger coins here... Want a few? Its buy 1 get 1 free day.
Cryptocurrency is the
Interesting @techblogger!
looking forward to more content @techblogger !
best
francesco
Thanks Francesco!
Next gen of farming, and now I can get coupons and buy a lot of whoppers with friends and get these whoppercoins xD This is hilarious, good for me I'm Russian
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Thanks for dropping by MS!
Whoppercoin, in the eye of Russian Burger King it was a succees. While on the eye of the masses its just another alt coins or FUD
They are not launching an ICO for the whoppercoin.
This has been launched on the WavesPlatform where anyone can issue a token quickly and inexpensively.
The point is to demonstrate how rewards points can be changed into tokens and live on the blockchain and be traded.
Who knows maybe you will have whoppercoins but be near a McDonalds and swap them.
Yes, I understand your point. But a token is a token.... What value does any token really have?
The market will let us know if this is a good idea or not.
Usually, when the neighbors and the mailman tell you to buy, that is the time to sell!
Hopefully we are not in a huge bubble.
I guess this could be a way to send a free burger to someone. Or, get more people into cryptos!