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Bitcoin, Chuck E. Cheese Tokens, and CryptoKitties: What You Need to Know About Cryptocurrency

featured / news / communication research / social marketing

 Fors Marsh Group bitcoin, cryptocurrency

A recent story of triumph followed by failure told of a man who was arrested after he made over $1 million selling Chuck E. Cheese tokens that he passed off as Bitcoins. The story went viral, although it turned out to be satire. It’s easy to laugh at the idea of gullible people buying cheap metal tokens thinking they are worth thousands of dollars, but the fact is that most people are still confused about what Bitcoin is and whether it has any value in the real world.

Bitcoin is a cryptocurrency, which means it is an asset that exists only in... more