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bitcoin cash bchusd

Mysterious “Bitcoin Man” Gives Away BCH Around Bakersfield, California

Tony "The Bull" by Tony "The Bull"
3 years ago
in Bitcoin, Bitcoin Cash
0

Few things are better in life than free money. One of those things is free Bitcoin, and that’s exactly what residents of Bakersfield, California are getting thanks to a mysterious “Bitcoin Man.” Or are they? 

Is this some type of marketing stunt, a billionaire giving back, or something else?

Bitcoin Cash Man Gives Away $1,000 in BCH To Randoms Who Scan A QR Code

Bakersfield residents have begun to notice a series of stickers pasted all over the city – on subways, or on posts and poles along the sidewalk These stickers have a QR code, that if scanned, immediately sends the user a sum of Bitcoin Cash.

“I called the news and then I sent the bitcoin app for their contact information and email saying hey I just got this weird payment. I scanned it on a pole which is kind of sketchy,” said Indiana London, a local resident, according to a NBC affiliate news station.

This mysterious, self-proclaimed “Bitcoin Man” operates through a public Instagram account where they claim to be giving away “$1,000 in Bitcoin Cash” that’s hidden in “plane [sic] sight.”

RELATED READING | BCH SETS ALL-TIME LOW AGAINST BTC — AND ANALYSTS ARE STILL BEARISH

The stunt appears to be a promotion put together by Bitcoin.com to raise interest surrounding its wallet services and Bitcoin Cash. Backers of Bitcoin Cash believe it to be the superior version of the first-ever cryptocurrency, hence why the person behind the scavenger hunt calls himself the “Bitcoin Man,” rather than “Bitcoin Cash Man.”

Users who are lucky enough to stumble upon one of these QR codes will receive BCH, not BTC, regardless of the claims of giving away Bitcoin.

bchusd bitcoin cash

BCHUSD Weekly | Source: TradingView

Bakersfield Residents Stumble Upon Free Crypto Scavenger Hunt, Remain Skeptical

Regardless of anyone’s personal choice between BTC and BCH, free cryptocurrency is free cryptocurrency, and residents of Bakersfield can claim a piece of the $1,000 pie.

Still, those who have learned of the scavenger hunt either by seeing it in person or through the local news, are skeptical, and rightfully so. The cryptocurrency market has been at the center of several high profile scams recently that mainstream audiences could have caught wind of.

RELATED READING | EVERYTHING YOU NEED TO KNOW ABOUT THE CRYPTO SCAM BEHIND TWITTER HACKS

People have also been conditioned to be leery of anything that appears to be too good to be true, especially when there doesn’t seem to be a catch involved.

But the catch here is simply to spread Bitcoin Cash (BCH) awareness and onboard users to the Bitcoin.com wallet service, which is perfectly harmless marketing and promotional efforts from the company behind the Roger Ver-led website.

bitcoin cash bchusd

It’s working too, as its already taken off on social media and has reached the airwaves on local news channels. Whether or not this leads to adoption of Bitcoin Cash is another story, but it’s a fun promotional idea nonetheless that certainly has non-crypto users talking.

Featured image from DepositPhotos, Chart from TradingView
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Tony "The Bull"

Tony "The Bull"

Tony "The Bull" is a level 3 CMT student (passed level 1 & 2), technical analyst, Bitcoin supporter, and avid speculator. Tony is deeply fascinated by core market principles such as Elliott Wave Theory as they tie into mathematics like Fibonacci ratios. Market timing though DeMark indicators, Ichimoku, Gann tools, or Hurst Cycle Theory are also of key interest. Tony provides completely original content driven by exclusive, independent research. For more insights and education from Tony, check him out on Twitter or in his free TonyTradesBTC Telegram channel. Follow @TonyTheBullBTC on Twitter and search CoinChartist on YouTube.

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