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| Oscar Mayer's online currency is backed by bacon Forget bitcoin. For a limited time, Oscar Mayer is offering consumers the chance to mine bacoin, a faux cryptocurrency backed by packs of real bacon. "Bacoin is poised to deliciously revolutionize the cryptocurrency market," said Matt Riezman, brand manager for Oscar Mayer, in a news release.
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| South Korean Central Bank: Crypto And Blockchain To Provide Cash-Free Society The major goals of the project are customer convenience and reducing the cost of producing physical currency. In 2016, South Korea reportedly spent KRW 53.7 bln ($47 mln) on issuing physical currency. The government also plans to use the initiative as a means by which to open the underground ...
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