No. Don't be daffy. It's not a coin in any way. It's a redeemable voucher in effect.
It is an interesting one though. If McDonald's made them valid forever that makes them a vastly better store of value than the USD. They'll always be worth one Big Mac no matter how shitty and worthless your dollar bill becomes.
It might wake some people up as to what money actually is.
This. I love the fact that you hate/dislike the dollar.
I wouldn't be surprised if people do some crazy ass shit to get these Mac-coins, like burglary, and all sort of the
good stuff.
Back to maccoin affecting bitcoin's price, who, who in the right mind would think of such a possibility. These mac coins don't have a monetary value. That's stupid. People need to go to kindergarden again.
I agree, and I think the smaller and more volatile the market, the more susceptible that market is to rumor and news. Bitcoin is relatively small and certainly is volatile. That said, I don't think any coin issued by McDonald's is going to have much of an effect. I hadn't heard anything about it, but to me it sounds pretty stupid. McDonald's doesn't need its own cryptocurrency and if they create one, it'll basically be a gift certificate--you'd have to purchase it with fiat and could only spend it at McD's (though I haven't read anything about it yet and I may not know what I'm talking about).
Bitcoin is down in the past few days because after popping up to $8400 or whatever it got to, people are taking their profits off the table. I think a lot of speculators made money after a period when it was stuck at $6000, and they're cashing out. I don't think any coin McD's made or is planning to make had anything to do with it.
Bitcoin's market is more than just small, in fact its quite a big one. And just so you know, Mac coin is not a crypto. Its a freaking physical coin, like the ones used in arcades.
