There has been a new contender in the digital currencies world. Many people did not expect this currency to rise as quickly as we have come to see. We’re not referencing the well known Bitcoin. We are speaking about Flappy Bird. The Flappy Bird’s rise as a digital currency mirrors it’s rise as an app.
The Flappy Bird currency started when its creator, Dong Nguyen, pulled the app from iTunes and Google Play stores. From there, the app quickly was adopted as a currency. February 9th the app was pulled off the digital stores and on February 10th there was a Flappy Bird being sold on eBay for $100,000. The price of a Flappy Bird has stabilized since the initial craze. Its latest market valuation is holding steady at $214.99 USD will equal 1 tFB (short for the Flappy Bird digital currency).
The main criticism of Bitcoin is it is extremely insecure. As Mt. Grox and Flexcoin have recently found out with Bitcoin, digital currencies aren’t without dangers. With Flappy Bird that risk has been eliminated by infusing both a physical object with the digital currency.
Leading Professor Edmond Jaquons of Economics from Devry Online had this to say about the Flappy Bird as a digital currency:
“Lets be honest with ourselves. You don’t see people spending money every day by just punching in a few numbers on a computer. What a weird “E Commerce” world that would be. People like physical objects, that’s why a digital currency as an object is the best bridge into a fully digital world”
The Flappy Bird cannot be replicated. There can only be one Flappy Bird per device which makes them secure and difficult to steal as a digital currency. Since they are no longer being infinitely replicated by the app stores, the Flappy Bird can only increase in value. When someone deletes the Flappy Bird it’s gone forever. When you’re ready to make a payment simply hand the device(s) that have the Flappy Bird, just as you would with cash.