NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

“Bacoin” Spoof Shows Growing Mainstream Acceptance of Cryptocurrency

newsbtc
newsbtc
7 years ago
2 mins read
bacoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

There are those who believe everything is better with bacon. Elvis topped his PB and banana sandwiches with it, pop idols use it for facials and scientists have proven that it cures hangovers. Now, Oscar Meyer, the processed pork purveyors who have been filling American’s sandwiches with bologna and ham loaf for decades have paired the desire for the savory cured meat with the cutting edge technology of cryptocurrency to create the ‘Bacoin’.

Bacoin can be Cashed in for Actual Bacon

Yes, the Oscar Meyer digital token is backed by the gold standard of pig products, sugar cured bacon. Is it confusing? Not so much that Kieth Sizzle “Bacoin architect/digital prophet” who looks as if he were pulled straight from the Silicone Valley call list, cleaned up and accented with mustard-colored shirt and glasses couldn’t explain it in a two minute Youtube video.

Simply go to the Oscar Meyer website and sign in for a chance to win a Bacoin, which today at 1:30 pm is worth 17 strips of bacon. Down considerably from the 24 hour high of 42, according to the Oscar Meyer Bacoin graph – the Bacoin market is a volatile place.

All I got for signing in was a message telling me that “losing is a bummer“, but that I could add to the value of Bacoin by going on social media and tweeting about it. The initial Bacoin offering (IBO) will be ongoing until May 14 which is coincidentally the day before Bitcoin Cash is set to fork. Fork – Bacoin, no never mind, there’s nothing there.

Ad Campaign Shows Mainstream Acceptance

This campaign actually says a lot about the current status of cryptocurrency in the media. When a so-called trend or movement gets big and well absorbed enough that a sandwich meat company is willing to try to utilize its popularity to push something already as mass consumed as bacon it can longer be considered fringe. It means that ‘Bitcoin’ has moved from being a punchline on late night talk shows to something more recognizable, a wedge to get consumers to open their wallets, fiat wallets that is.

The Oscar Meyer campaign isn’t the first, though it may be the most clever, to ride the coattails of cryptocurrency. It isn’t even the first food-based company to do so. Long Island Iced Tea Corp. changed its name to Long Island Blockchain Corp. during the Bitcoin frenzy in 2017 and watched their stock price escalate. KFC offered the Bitcoin Bucket in Canada where they even offered a free bucket of chicken to Satoshi if he would pick it up in person.

No other company though has matched Burger King which released the “WhopperCoin” in August 2017. The coin trades on Ethereum competitor Waves blockchain network. Costumers earn coins when they purchase Whoppers, the coins are held in a digital wallet and can either be accumulated to pay for more whoppers or exchanged for other currencies trading on the network.

“Now Whopper is not only burger that people in 90 different countries love – it’s an investment tool as well,” Ivan Shestov, head of external communications at Burger King Russia.

Regardless of the absurdity of the ad campaigns, the real message for those paying attention is that cryptocurrency is out of the shadows and moving quickly into the light of mainstream.

 

Image from Shutterstock
Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 2

  1. HODL Masta says:
    7 years ago

    This is beyond stupid. And no, you still can’t use crypto in many places.

    Reply
  2. RIAlan says:
    7 years ago

    It’s May 2, not April 1. What gives?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 2

  1. HODL Masta says:
    7 years ago

    This is beyond stupid. And no, you still can’t use crypto in many places.

    Reply
  2. RIAlan says:
    7 years ago

    It’s May 2, not April 1. What gives?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

xrp-etf-en-preparation-snorter-token-effet-bull-run

XRP ETF en préparation : Snorter Token profite déjà de l’effet bull run

L’arrivée d’XRP ETF dans plusieurs juridictions et la simplification du cadre américain ont rallumé les moteurs du marché. Le flux...

evanss 1 hour ago
Ethereum

Analyst Predicts Ethereum Price Will Reach $33,000 As ETH Founder Forecasts ‘Google Moment’

The Ethereum price is back in the spotlight as market analysts and ETH’s own founder, Vitalik Buterin, outline bold predictions...

Scott Matherson 2 hours ago
Bitcoin Faces Pressure as Taker Ratio Hits Lowest Level Since Last Cycle’s Peak

CEO Dismisses September Crash, Reveals Why The Bitcoin Price Is Headed For $150,000

The Bitcoin price is falling again this September, but SkyBridge CEO Anthony Scaramucci says there is no reason to call...

Sandra White 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Wedge Breakout Or False Alarm? Ethereum Faces Its Biggest Support Test Yet

Godspower Owie 31 minutes ago
crypto-com-hack-crypto-accusation-dissimulation

Crypto.com accusé de dissimulation après une brèche de sécurité révélée

evanss 51 minutes ago
microstrategy-version-avalanche-investissement-entreprise-us

Un “MicroStrategy” version Avalanche ? 700 M$ d’AVAX achetés par une entreprise US

evanss 1 hour ago

Premium Sponsors

Press Releases

  • Sezon na altcoiny już tu jest. Te trzy czynniki mogą napędzać hossę

    Sezon na altcoiny już tu jest. Te trzy czynniki mogą...

    37 minutes ago
  • Sezonul altcoin este aici. Acești trei factori sunt văzuți ca motoare ale raliului

    Sezonul altcoin este aici. Acești trei factori sunt...

    4 hours ago
  • ドージコイン 今後の価格予測:ウォールストリートが注目する「1ドル圏」への道

    ドージコイン...

    6 hours ago
  • Сезонът на алткойните е тук. Три фактора се очаква да задвижат ралито

    Сезонът на алткойните е тук. Три...

    6 hours ago
  • リップル 今後の価格に重大な不安要素、新たに注目すべき仮想通貨とは

    リップル...

    7 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.