Skip to main content

Those $1 Bitcoins at Walmart have one big catch — they’re made of chocolate

Walmart selling Bitcoin should be pretty huge news as it would mean introducing the flagship cryptocurrency to the masses in hitherto unheard-of fashion. However, this digital money debut isn’t quite so impactful because the Bitcoins that Walmart has priced at just $1 per coin won’t help you make a fortune or buy something illicit on the dark web. These Bitcoins are made of chocolate.

Created by Frankford Candy, the chocolate Bitcoins look like every digital rendering of the virtual currency you’ve ever seen, as per TechCrunch. Big, gold-plated, chunky coins. Instead of being metal through and through though, they’re merely wrapped in it. Inside it’s the same chocolate coins you know and (maybe) love, but these ones look like Bitcoin.

Lots of Milk Chocolate + Bitcoins = Pure happiness. pic.twitter.com/4Tos2JqCHf

— Frankford Candy (@frankfordcandy) September 6, 2018

The coins come in the typical net packing with a label making it quite clear that they’re a confectionery and not legal tender. They do feature the Bitcoin logo though, giving them a suitably crypto-feel. Likely to be more popular among adults than the typical children chocolate coins attract, it seems likely that at least one well-meaning relative will buy these for a grandchild after hearing them discuss cryptocurrencies.

Unlike the real cryptocurrency though, these “Bitcoins” can only be purchased in store, with no option for online ordering or shipping. You can’t even reserve some for pick up in store later on.

Meanwhile, the real Bitcoin cryptocurrency isn’t’ faring so well. After peaking at almost $20,000 per token in late 2017, it’s tumbled down to a mere $6,250 per token at the time of writing. Other alternative cryptocurrencies (altcoins) like Litecoin and Ethereum have suffered similar fates, falling to a fraction of their worth at their peaks around the same time as Bitcoin’s value explosion at the end of last year.

The future of Bitcoin itself remains somewhat uncertain. The “whales” who own billions of dollars worth of it continue to horde the cryptocurrency in anticipation of a potential bull rush and there are many more lower-level investors hoping for the same, but there has been little sign of a true resurgence so far this year.

Perhaps investing in chocolate coins is a safer bet. You can always eat those if they don’t go up in value.

Editors' Recommendations

Jon Martindale
Jon Martindale is the Evergreen Coordinator for Computing, overseeing a team of writers addressing all the latest how to…
Facebook Libra vs. Bitcoin
Facebook Libra fake physical token

There are a lot of cryptocurrencies out there, but it surprised a lot of people when Facebook made headlines by announcing its own. Libra has been available to purchase since 2019, but many people still aren’t sure whether they should take the plunge and buy a few shares. 

Luckily, we’ve gone ahead and done a lot of the research for you. Read more about how Libra compares to a popular currency like Bitcoin.
Availability and history
Bitcoin's white paper was originally released in 2008, with the first Bitcoin being mined in 2009. Today you can buy, sell, and trade Bitcoin on a variety of different exchanges and with millions of individuals privately, all over the world.

Read more
What is Bitcoin mining?
what is bitcoin mining

Bitcoin mining is far removed from the average Bitcoin owner these days, but that doesn't change how important it is. It's the process that helps the cryptocurrency function as intended and what continues to introduce new Bitcoins to digital wallets all over the world.

Collecting cryptocurrency can be boiled down to a simple premise: "Miners," as they are known, purchase powerful computing chips designed for the process and use them to run specifically crafted software day and night. That software forces the system to complete complicated calculations -- imagine them digging through layers of digital rock. If all goes to plan, the miners are rewarded with some Bitcoin at the end of their toils.
Why do we need mining?
Bitcoin works differently from traditional currencies. Where dollars, pounds, and euros, for instance, are handled by banks and financial institutions that collectively confirm when transactions occur, Bitcoin operates on the basis of a public ledger system. In order for transactions to be confirmed -- to avoid the same Bitcoin from being spent twice, for example -- a number of Bitcoin nodes, operated by miners around the world, need to give it their seal of approval.

Read more
The affordable HTC Exodus 1s puts a full Bitcoin node in your pocket
HTC Exodus 1s

HTC has just announced a new, more affordable version of its Exodus 1 smartphone -- a device that comes with a built-in hardware wallet for Bitcoin and other cryptocurrencies. The new HTC Exodus 1s costs 219 euros (around $244) and allows owners to buy, sell, send, receive, lend, and borrow cryptocurrency directly from the device. The HTC Exodus 1s also boasts software tools that enable it to run a full Bitcoin node. This functionality is built atop a basic, budget Android phone.

"We are providing the tools for access to universal basic finance; the tools to have a metaphorical Swiss bank in your pocket," Phil Chen, decentralized chief officer at HTC said in a press release. "Full nodes are the most important ingredient in the resilience of the Bitcoin network and we have lowered the barrier to entry for any person to run a node, which is simply a computer, mobile in our case, participating in the global Bitcoin network that propagates transactions and blocks everywhere, which is the foundation and fundamental definition of a peer-to-peer cash system."

Read more