23 July, 2021 South Australia's other fake news source

Balfours launches new cryptocurrency: FROGEcoin

TOM STEWART

Not to be outdone by a certain US based, South African born billionaire, the good people at Balfours have launched a cryptocurrency of their own.

Australia’s oldest bakery introduced the new currency, FROGEcoin, earlier this week with the digital currency already trading at .69 cents per coin.

‘We’re really pleased with how it’s going so far’ said Balfours spokesman and financial wizard Don Nuts ‘They were going to fire me for always cracking wise in the office and not taking the bakery stuff seriously, but the launch of this innovative and sophisticated new block chain currency is a great way to show the higher ups that I’m…well, I’m committed to cakes. Also, LOL trading at .69! Ha ha’.

Much like the decision of Tesla to allow customers to pay for their new vehicles with Bitcoin, Balfours have also announced that customers will be able to purchase delicious baked goods using the new currency.

Financial experts and internet nerds predict that FROGEcoin will go the same way as all transparently ridiculous cryptocurrencies, skyrocketing to dizzying heights in a matter of weeks (probably thanks to the enthusiasm generated in the /r/Adelaide subreddit) before collapsing harder than the State Bank, circa 1991.

Before you invest, check out the full history of the Frog Cake by AdeLOL here:

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