Bitcoin Forum

Hi there!

Today McDonald's unveils its MacCoin to celebrate its Big Mac's 50th anniversary. Basically, One MacCoin can exchange for one Big Mac.

So what do you think of the new trend- "Coins of Things" ( Cryptocoin that can exchange for real tangible products)?
Do you think it will be better and more popular in the future than some tokens of nothing but thin air?

It will be a very good thing to see as long as the coin has created to support the product remember so many scammers are only creating scam coin to scam others. it will be so popular in the future consider it was offering easy way to use it. I remember there are some companies are trying to issued their own coin such as IBM which will be built the stable coin to be used by their service.

It’s unnecessary and people are jumping on what they consider a fad. They gain publicity for it and most tokens nowadays are useless despite what they say

This is very good news. This means that huge companies have begun to glance at cryptocurrency as a means of payment for their goods or services. And for the last question it seems yes, of course it would be better and more popular considering the coin is backed by huge companies like McD.

It's a meme...

They are just playing on a trend. It's the same concept as their cards of the same purpose but now in the form of a coin. I've got anniversary tokens that give free dessert at a local steakhouse. Has nothing to do with blockchain or crypto. Means zero.

Yep it's a memecoin like what I'm thinking.
Some of the people here are thinking again that this coin's gonna be one of the biggest and has potential by just believing that they are now into crypto's.

I think that its good that crypto has been popular among the companies, but if every companies create their own crypto we will have a lot of weak alt coins, that is not what we want at all, we already got enough alt coin in the market


Maybe for now it's just meme, but I believe if its famous then the companies will really start to make one, it's not difficult to make the coin, if the coin is a failure the company will just dump it, if its success then it can increase their profit

Thanks all for your great insights!

In my opinion, essentially, a "Coin of Things" is acting like a coupon or voucher for a product.

So does the so-called "utility coins" like Ethereum which is the "gas" of the network, or Stellar, Tron, Binance Coin( just to name a few). They are essentially a coupon or voucher for a service. So in economic model, the value of those utility tokens derives from the function or service you can get with the tokens. So those utility tokens should also be called as "Coin of Service".

"Coin of Things" vs "Coin of Service". Both are essentially a coupon or voucher but one for goods and one for service.

A tangible goods is easier to estimate its value but a service may be harder to estimate its fair value. So is it that why some people prefer "Coin of Service" because it has a bigger room to speculate?

(Another question I came up with while taking shower: if there is a decentralized google (assume its searching power is as good as Google) issues a D-google coin and one D-google coin give you one chance to do a search, how much do you think a D-google coin would worth in USD? )

Don't think it that way. It can't do harm to cryptocurrencies. Actually, it will help increase the awareness of the whole market.

I think the project become successful mcdonalds are the most popuplar fast foodchain in the world and now made their own coins follow the name of coins in most best seller product as they celebrate 50th anniversary of the best seller product use.