What Are Doubloons On TikTok?
The term doubloon refers to an earlier form of Spanish money.
The gold coins had two sides and were frequently linked to looted goods discovered on wrecked pirate ships. But this isn't the actual thing that TikTok users are going crazy over.
The latest doubloon craze concerns virtual money used to buy things like soup, clothes, blankets, and more. Numerous TikTok users have discussed how inflation has sharply increased because of the growing popularity of Doubloons.
Even those who comprehend the trend seem unable to keep up with the escalating values, even if coins may be kept in a virtual bank. Like everything else, it's unknown how the whole thing started, but it has since turned into a meme that has spread across the everyone's For You page on the TikTok platform.
Spanish gold coins known as doubloons were used as money throughout Spain and its colonies during the 17th century. The term itself is taken from the Spanish word "Dobla," which means "double," and alludes to the coins' value being double that of the Spanish gold "pistole," another type of currency.
By the 1960s, doubloons were illegal in the United States, although they got used in other Spanish territories.
Because these coins got constructed of pure gold, their value increased, making them a favorite among pirates.
Due to their historical significance, artifacts were regarded as valuable and often found in museums and private collections. The Pirates of the Caribbean movie series helped popularize the phrase, which got first used in 1622. The current trend, however, has nothing to do with Spanish money.
Digital money frequently used on TikTok is the source of the current doubloon mania. One may purchase various goods and services with digital cash, including salad, soup, clothing, blankets, and even services. Numerous people on social media have noted that inflation has increased because of the introduction of Doubloons.
The coins can be kept in a digital bank, but some are concerned about the currency's soaring value. The joke that we are all dealing with these cats for made-up money to obtain made-up goods has gone viral on TikTok.
Know Your Meme credits a couple of significant postings that went popular last weekend for the joke's genesis. The audio clip linked with the trend has already been utilized in over 20,000 videos, with the most popular ones receiving over 1 million views.
Netizens also add to the doubloon cat's world and gag in other ways. A "doubloon Great Depression" got predicted by a Tiktok developer whose analysis of the doubloon market gained 1.2 million views in the preceding few days.
Likewise, another user provided a spreadsheet they created to keep track of all their doubloon encounters in a different well-liked video.