Skip to main content

Walmart is now selling bitcoins for $1 ??

Vintage style crypto currency mining processor

Walmart  is now selling bitcoin for $1. But in a new spin on the volatile and ever-changing world of cryptocurrency, this digital currency is made of chocolate.
Frankford bitcoins, are 1.42 ounces of milk chocolate wrapped in gold-colored foil made by Frankford Candy. They’re reminiscent of the regular old foil-wrapped milk chocolate coins of yesteryear. But of course, entirely different because they’re called bitcoin.
Bitcoin  is a digital decentralized currency that’s created and then held electronically. Frankford just added the milk chocolate.
Frankford Candy, which has been in business since 1947, is hardly the first company to see opportunity in the rise of cryptocurrencies. Who can forget Long Island Iced Tea Corp, the non-alcoholic beverage company, that saw its shares rise six-fold after rebranding itself Long Blockchain Corp? (Nasdaq delisted the stock earlier this year because the company’s market capitalization was too low.) Or adult entertainment platform CamSoda that unveiled BitCast, a product that let users pair their vibrator or other sex toy to align with their investments in Bitcoin, Ethereum, and Litecoin.
In this case, Frankford’s bitcoin is more affordable. The price of bitcoin, which surpassed $20,000 in December before plummeting, now trades at about $6,240.
mage Credits: matejmo / Getty Images

Source: https://techcrunch.com/2018/09/11/walmart-is-now-selling-bitcoins-for-1/

Comments

  1. Bitcoin News
    This is arguably the largest resource for all things bitcoin. The news sections cover the latest insights from the best writers in the fintech sector. In addition to this, the site is filled with numerous tools that help investors make informed decisions. What I like about the convenience of finding all you need in the same platform.

    ReplyDelete
  2. Bitcoin News
    This is arguably the largest resource for all things bitcoin. The news sections cover the latest insights from the best writers in the fintech sector. In addition to this, the site is filled with numerous tools that help investors make informed decisions. What I like about the convenience of finding all you need in the same platform.

    ReplyDelete
  3. CoinDesk
    This is one of the top new sources for bitcoin enthusiasts. In fact, it is the largest bitcoin news media platform in the world. The site is packed with reports and tools that break down the trends and patterns in cryptocurrency. I recommend checking out the reports on the research page.

    ReplyDelete
  4. Bitcoin News
    This is arguably the largest resource for all things bitcoin. The news sections cover the latest insights from the best writers in the fintech sector. In addition to this, the site is filled with numerous tools that help investors make informed decisions. What I like about the convenience of finding all you need in the same platform.

    ReplyDelete

Post a Comment

Popular posts from this blog

Blow To Bitcoin As Coinbase CEO Makes Stark Warning

Coinbase CEO Brian Armstrong sits for a portrait in their San Francisco headquarters on May 4, 2018. (Photo by Christie Hemm Klok for The Washington Post via Getty Images) Bitcoin and cryptocurrency adoption rates around the world are growing, but not quickly enough to prevent  the bitcoin price from falling  — and now the chief executive of San Francisco-based Coinbase, one of the world’s largest cryptocurrency exchanges, has warned that widespread, mass bitcoin adoption for payments is going to be a long time coming. The bitcoin price is currently just over $6,000 after falling below the psychological barrier yesterday for the second time this year. The bitcoin price is down some 70% from its highs at the end of last year and many of newer cryptocurrencies that have been created in the last few years have been all but wiped out. The bitcoin price has fallen far from its 2017 highs in recent months. COINDESK “I think it will be quite some time before you cross t

90% of Cryptocurrency Market Facing ‘Extinction-Level Event’: Xapo President

A reckoning coming to the cryptocurrency markets, an “extinction-level event” that’s poised to wipe out 90 percent of the more than 1,800 coins and tokens that aren’t named bitcoin. That’s the prognostication of  Xapo  President Ted Rogers, anyway, who said that the impending altcoin bloodbath will provide discerning investors with an incredible opportunity to load up on  bitcoin  at a discount. “We could be in the midst of the extinction-level event for “cryptoassets” that many maximalists have predicted. 90%+ of @CoinMarketCap list will disappear eventually – might as well happen now,” Rogers wrote on Twitter. “Meantime, lower BTC price means incredible opportunity to buy more #bitcoin.” Ted Rogers @tedmrogers We could be in the midst of the extinction-level event for “cryptoassets” that many maximalists have predicted. 90%+ of @ CoinMarketCap list will disappear eventually - might as well happen now. Meantime, lower BTC price means incredible opportuni

There Is No ‘Bitcoin’: What the SEC Doesn’t Get About Cryptocurrency

Edan Yago is the founder of  CementDAO , an effort to bring together stablecoins into a unified ecosystem.  He previously was the CEO and co-founder of software firm Epiphyte and helped set up the industry associations DATA and the Stablecoin Foundation.  The views expressed here are his own. —————————- The U.S. Securities and Exchange Commission (SEC) has been gone to significant lengths in an attempt to understand the crypto asset space. This effort is to be applauded. However, the SEC has failed to come to terms with one fundamental aspect of crypto assets and systems. Namely, properly constructed crypto systems do not involve “persons” or “entities” and do not represent a form of property. For this reason, they do not have any analogue in the traditional financial world, nor can they fall under financial regulation. In the traditional financial world, assets are a claim on a specific property. For example, a commodity, shares in a company or a debt owed. Crypto asset