You can play Chipotle’s game “Where’s the Bitcoin?” for free until 6 p.m. Pacific Time on April 1st, the 90th anniversary of National Burrito Day — the end of the 90-day campaign to buy burritos with Bitcoin.
For your chance to win, go to the “Burritos or Bitcoins” website. First, you will be asked to enter a six-digit password (a string of six numbers between 1 and 9). If you enter the wrong password, you will have to try again. In total, you are eligible for ten password guesses in order to win the prize.
A burrito or Bitcoin can be used as a prize. It’s titled “Prizes.” The Chipotle giveaway is worth $10,000, but each of the 50 fans who order a burrito will receive $500 in Bitcoin. Only three people will receive $25,000 in prizes, including a $2,000 bonus prize. According to the press release, an establishment provided cryptocurrency to its customers for the first time at the event.
Recent Events Prompted Chipotle’s Promotion.
Are you curious about the relationship between a burrito chain and a cryptocurrency? Stefan Thomas, the CEO of Coil, recently forgot the password to his cryptocurrency wallet.
The New York Times reported on January 1, 2021, that Thomas had forgotten the password to his iron key, a programme that forces the user to try 10 different combinations before offering an encrypted password recovery option. When the article was first published, the value of Thomas’ 7,002 bitcoins was estimated to be around $220 million.
The accounting industry’s common occurrence of forgotten passwords pales in comparison to cryptocurrency, where only the owner has access to the money. Unfortunately, Thomas was still able to access the remainder of his Bitcoin, but he was unable to locate the lost fortune. Thomas, reflecting on the previous experience’s sorrows, “Do you design your own shoes? We have banks because we do not want to handle everything that banks do. “
At Chipotle, at least, the losses are limited to burritos.
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