Website generates off-the-shelf cryptocurrencies (so of course NewStatesmanCoin now exists)

It's completely useless, though. Don't bother downloading it. There's no point.

Things are very weird right now for those of us living in the future. Dogecoin - a digital cryptocurrency based on a funny picture of a shiba inu - has a market cap of more than $5m. We were promised jetpacks, we got dog-themed money.

There are so many new Bitcoin ripoffs (mostly by those hoping to make a fast buck) that it was inevitable that someone would create a site that automatically generates them. Coingen, created by a reddit user called Blue Matt, lets users customise their own cryptocurrency (taking either Bitcoin or smaller cousin Litecoin as inspiration), download a wallet, and get mining.

For this, users pay a fee of between 0.05 and 0.2 BTC (roughly £30 to £122 as of writing, going by the average trading price on Mt Gox), with fees for removing Coingen’s logo or getting access to the source code. That’s a tidy fee considering you can only tweak four numerical values for each coin, and the source code for Bitcoin is open and available for free already. Perhaps Blue Matt is taking inspiration from the California Gold Rush, where the biggest profits weren’t in looking for gold, but in selling equipment like picks and buckets to prospectors.

Very Dogecoin. Much currency. So zeitgeist.

And, because why not, we’ve created NewStatesmanCoin - you can download a wallet and start mining here. That’s its rather half-hearted logo up top (we considered replacing the Queen on a pound coin with a picture of deputy editor Helen Lewis, an effort you can enjoy here).

Don’t ask what the block halving rate is, or which mining algorithm it uses - random, now forgotten, numbers were used. We can probably assume from their names that many of the other coins created using Coingen use values that are just as arbitrary: jesuscoin, arbitrarycoin, starvingartistcoin, wethepeoplecoin, silvioberluscoin, realcoin, beercoin, and the catchily-named “wake_up_sheeples_banker_owned_federal_reserve_notes_equals_more_debt”. (There are also a lot of coins with racist names on there. Really, you’ve been warned.)

NewStatesmanCoin is just a joke, but the fact there are so many people who have created their own silly coins - and paid for the privilege - is worth noting. There are dozens of alternatives to Bitcoin, a tiny minority of which have support from any kind of community, and fewer still of which have any practical real-world purpose. While there are uses for cryptocurrencies, they're niche, and not without competition from more traditional companies or other technologies. Not for nothing are people like Gigaom's David Meyer asking what the point of Bitcoin is.

Looking over the transaction volume day-by-day since Bitcoin launched, it's clear that the value of the cryptocurrency has been faster and unlinked from its growth as a medium of exchange. Speculation is still the main drive of Bitcoin value, and the entire drive of Litecoin, Namecoin, and even Dogecoin value, and thus there's surely demand for Coingen's new coins, off-the-shelf and ready to, perhaps, become the next £xm-worth market. While Bitcoin's certainly popular, it's tempting to instead think that it may be the first iteration of a concept yet to be perfected.

You don't have to tell us it's a crappy logo.

Ian Steadman is a staff science and technology writer at the New Statesman. He is on Twitter as @iansteadman.

Curtis Holland
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Living the Meme: What happened to the "Bacon is good for me" boy?

Eight years after becoming a meme, the boy dubbed "King Curtis" explains what life is like now.

It is hard to pinpoint the one quote that made Curtis Holland a viral sensation. When he appeared on Wife Swap eight years ago, Holland – aka King Curtis – battled ferociously with his replacement mum Joy, who wanted to rid his home of unhealthy snacks. “Chicken nuggets is like my family,” he said at one point; “I don’t wanna be skinny! I wanna be fat and happy,” he said at another; during one particularly memorable scene he wrote “I am not lisning to your rules” on a Post-It note.

“Bacon is good for me!” perhaps comes out top. The quote – like all the others – has become an internet meme, featured in screenshots and gifs, but has additionally been remixed into a song. The original clip has over ten million views on YouTube. Now aged 15, Holland is speaking to me from his home in Vanceboro, North Carolina. “Oh yes!” he says when I ask if he still likes bacon. “Every morning my mum gets up and we all cook bacon together.”

 

Before speaking to Holland, I had eaten (ten) chicken nuggets for my tea, but when I tell him this I'm not sure he believes me. “I know some people say this just to say it,” he says, before admitting he himself had eaten some that day. “This morning that's exactly what I had.”

Holland speaks in a straightforward matter-of-fact tone that is just as endearing now as it was when he was seven. He is incredibly respectful – calling me “ma’am” at least three times – and is patient when I struggle to decipher his thick Southern accent (“pennies” for example, becomes “pinnies”, “cars” is “curs”).

“We live in a small community, and a lot of people say that I'm the movie star,” says Holland, when I ask him to explain how life has changed since appearing on TV. When I ask about life after becoming a meme, Holland is less sure. “I mean I don't have a Twitter but a lot of people say that I'm up there just about every week,” he says (in reality, the clip of his appearance alone – never mind gifs, quotes or screenshots – is tweeted multiple times a day).

There is one meme moment, however, that Holland definitely didn’t miss. In 2015, Pretty Little Liars actress Lucy Hale posted a photo to Instagram asking for an update on his life. In response, Holland created a YouTube video asking for money to rebuild cars and confidently saying “Someday I’ll get my own bacon brand.” The video got over 400,000 views.

“I went viral for I think three or four days and I was on the most views on YouTube,” explains Holland. “That was pretty cool for me, to see when I look on YouTube there my face is.” How did it make him feel, I ask? “It makes you feel good inside. One day I come home from school and I was mad, and I can tell you it just made me feel really good inside to see that [the video] was pretty much one of the top in basically the world.”

Despite enjoying the attention, Holland has no aspirations to be a TV or internet star again. He is part of an organisation called the Future Farmers of America (FFA), and plans to go to his local community college before becoming a welder. “There’s a few know-it-alls in the community,” he says, “They just say it’s crazy how you went and did all that and now you’re not going on in the movie field. That’s not something I’m really interested in.”

Yet although Holland says it’s “time to move on a little bit”, he also admits he would be open to any offers. “A lot of people say well why don’t you just get up with a bacon company and do commercials or something… I mean I wouldn’t mind doing that if they came and asked me.” After Wife Swap, a company did come and film a pilot for Holland’s own show, but it never amounted to anything. “I mean you'd be lucky to get on TV once in your whole life and I feel like I really enjoyed it when I was up there,” he says when I ask if this was disappointing.

All of this means that Holland hasn’t made much money from his viral fame. Unlike other memes I’ve spoken to, he hasn’t earned hundreds of thousands of dollars. “I believe I got 150 bucks,” he says of his “Update” YouTube video, “All the other stuff like the ‘Bacon is good for me’ songs, they’ve [the creators] made $75,000 and that’s a lot of money putting away."

“I mean it don’t annoy me because it ain’t my fault; it’s nobody’s fault in the situation. They found a way around the system,” he says when I ask if he’s annoyed at others’ making money at his expense.

Nowadays, Holland is still recognised when he is out and about, and says he has signed over one thousand autographs in his life (once he was wary of a neighbourhood policeman who was asking him to sign a parking ticket, before he realised he simply wanted an autograph). “I don’t get sick of it, but of course you’ve got a few people that want to be rude about what you’re doing.

“I really don’t care, I’m a really upbeat kind of person. If there's somebody in a computer screen telling me something that means nothing, you know?”

For Holland, then, the good outweighs the bad. Apart from being asked after by Lucy Hale, his favourite thing about going viral is that he gets to make people laugh. “If I can go up to somebody and make their day and make them smile, I feel like I’ve done a great thing,” he says.

I end the interview with Holland like I end all of my interviews with memes: by asking him if there’s anything he would like to say – a message he’d like to get out there, or a misconception he’d like to clear up – now that he has the chance.

“Oh nothing I've got to say,” he begins, “except bacon is still good for me.”

 “Living the Meme” is a series of articles exploring what happens to people after they go viral. Check out the previous articles here.

To suggest an interviewee for Living the Meme, contact Amelia on Twitter.

Amelia Tait is a technology and digital culture writer at the New Statesman.