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Burger King Now Has Its Own Cryptocurrency - the 'Whoppercoin' - in Russia (fortune.com)
An anonymous reader quotes Fortune:According to New York Magazine (via local Russian news reports), the Russian subdivision of Burger King has launched its own cryptocurrency, aptly called "Whoppercoin"... For each Whopper burger customers purchase, they'll receive one Whoppercoin in a special cryptocurrency wallet. While the coins' wider use is unclear, some reports suggest that the Whoppercoin will be accepted as payment at Burger Kings across Russia... Burger King has reportedly issued one billion Whoppercoin tokens to date on Waves Platform, though it is possible that there will be more to come.
Burger King Russia is now also reportedly accepting bitcoin as a form of payment.
Burger King Russia is now also reportedly accepting bitcoin as a form of payment.
If this is only good for buying from Burger King, is it really a currency? Isn't it more of an electronic coupon? Unless there's a wider usage for this, it seems to be a publicity stunt (like the OK, Google ads) and an incorrect use of the word 'currency.'
You just reinvented the coupon.
But I guess calling it a cryptocurrency is better for PR.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.