Skip to main content

What's with the hotdogs?

Satoshi hotdog

Are you hungry? Might be time for a hotdog.

The Bitcoin Cash community has an ongoing in-joke associating Bitcoin Cash (BCH) with images of or references to hotdogs or deliberately conflating/mislabelling/misunderstanding BCH as an acronym for "Big Costco Hotdog" instead of "Bitcoin Cash".

Origin​

Hotdog telegram

Hotdogs are getting expensive these days.

The joke started organically on the Bitcoin Cash telegram group for discussing BCH price movements. A long period of relative BCH price-stability began comparisons to the famously $1.50 fixed price hotdogs at Costco which have not changed in price (despite inflation) since 1985. You can join the fun here.

Hotdog price freeze

Fact check: true. Source

Hotdog Start

Original hotdog conversation started like this. Source

Humour​

Hotdog up only

Hug your hotdogs to let them know they are valued.

The hotdog is quite an appropriate item for this kind of joke because:

  • Hotdogs are well-known globally as a casual consumer purchase, the kind of thing that will commonly be bought with Bitcoin Cash once BCH is at global reserve currency.
  • Hotdogs are somewhat phallic and associated with circuses and sports matches which lends them quite a comedic & fun vibe.
  • Costco famously has a price freeze on their hotdogs at exactly $1.50 - which has not changed since 1985 - even in the face of rampant inflation & other product cost increase (emphasizing the whole point of limited supply, inflation resistant Bitcoin Cash). It is also ironic/humorous to contrast a "fixed price" hotdog with the enormous volatility of Bitcoin Cash.