mcdonalds coin brings monetary skepticism mainstream

in #crypto7 years ago

McDonald's 50 year anniversary tokens received worldwide media attention, and has become viral on internet forums and social media, the coin is redeemable for a big mac on MCD chapters across the world, backed by a tangible good it is still backed by a promise MCD makes to it's customers,which is way better than the demand for government fiats that is created by taxation.

I see more here than just a promotional campaign, bigger corporations creating money is nothing new,in the time of the industrial revolution, some companies payed workers with vouchers to be redeemed in the company store, a practice which was considered rather abusive to the workers. But this trend might be coming back with crypto as a freely convertible and exchangeable token, with absolute value backing it

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@cryptomilo, I'm waiting for the continuation of the topic