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[–] • 6 pts

Yes it does indeed.

[–] • 3 pts

The coins are a derivative where the underlying assets are big macs. Correct, that makes the coins worth more than federal reserve notes. However, you need to ask yourself how long Macdonald's will survive. I don't see a long future ahead since all their commodities are federal reserve based. The government wants to weaponize food, especially meat.

[–] • 2 pts

Yes, exactly. There's still the tie to the Fed Reserve Note.

People continue as normal, when everything is tied to a worthless fiat paper, what goes up must come down, but nobody seems to care, or understand.

I have a large, relatively, sum of cash in the bank and very nervous about it (have some gold but don't wanna put all my cash in that, maybe real estate, I dunno, but I'm getting old).

[–] • 2 pts

I understand your dilemma. I've thought of coins, but how will people know how much value they're worth?

Real estate is great, except, it needs to be defended. When government collapses, who will defend it? I suggest guns, ammo and food. Good luck.

[–] • 1 pt (edited )

jews are already weaponizing food, goyslop.

[–] • 1 pt

You thought the mortgage backed securities collapse was big, wait until the Big Mac coins go under!

[–] • 4 pts

big macs get smaller every year. so you will still get raped by shrinkflation.

[–] • 3 pts

This can work until you mint more coins than McDonalds can make Big Macs.

Actually, that's not quite true, because people will put these coins into savings, and the system will persist until too many people decide to cash in that savings.

Actually, that's not true either, because with these coins as actual currency the trading volume itself will absorb a lot of those coins. People will need to keep those coins in their pockets in order to pay for things. Banks will let you deposit the coins into savings accounts, and then lend most of them out to other people, who will use them to pay for things whose sellers will then deposit those coins in their own savings accounts, resulting in fractional reserve expansion. Credit card companies will issue cards denominated in these coins and let people rack up debt as well.

Eventually, of course, everything will come crashing down, McDonalds executives will evacuate to their private islands while leaving their franchisees to be tarred, feathered and strung up.

[–] • 0 pt

I enjoy how much you thought this out.

[–] • 1 pt

I didn't think it out at all. It's the fate of any currency that's not directly backed by value, and has been historically demonstrated countless times.

[–] • 2 pts

I've listened to other economists talk about burger-economics "burgernomics?" How many hours of work will afford a BigMac, 1970 vs Today. It sounds a bit silly but it's all done really well.

[–] • 1 pt (edited )

The big mac coin is not a hard currency. It's a voucher for a big mac in the future, which depends on mcdonalds existing near you and having big macs in stock for it to have value as a fungible currency.

What you want are the actual big macs. They put so many chemicals in them, they'll still be fresh long after the egyptian mummies have turned into dust.

[–] • 1 pt

Storage can be an issue. Say I'm buying a new car. It's easier to transport the required Mac Coins rather than the Big Macs themselves. Plus you have to wait for them to make all those burgers. It can be time consuming.

[–] • 1 pt

Maybe you should invent MacCoin TM cryptocurrency. To the moon.

[–] • 1 pt

McD's about to start the next globalist WW

[–] • 1 pt

In participating stores only

[–] • 1 pt (edited )

I used to occasionally have McDonalds. Maybe once every month at best. They ruined it though. They took their basic seasoning on the patties from salt and pepper aka basic seasoning to White mushy onion pieces. Also, they have blacks and pajeets making the food. I haven't been there in a good couple years now.

If it isn't broke don't fix it. In the 1950s when the franchising started it was a decent burger and all employees were mostly Whites. Now they are focusing on "healthy wraps", salads and other stupid crap like their McBakery or whatever it's called with flies buzzing around in the display case.

They also are pushing for no cash and only digital currency. Their business model has done a 180 and is crashing.

It used to be about a burger and fries. Now it's got 100 pointless menu items.