Bitcoin Pizza

On the anniversary of the first recorded transaction on the planet using bitcoin, Anthony Pompliano introduced Bitcoin Pizza. It is an innovative franchise that seeks to replicate the efforts of one famous programmer, Laszlo Hanyecz who paid 10,000 bitcoins for two boxes of Pizzas delivered from Papa’s John’s Pizza in 2010.

Anthony Pompliano tweet

Anthony Pompliano is a famous influencer in the crypto sphere, and on Thursday 19 of May, he announced a new US national pizza brand called Bitcoin Pizza. The new chain is launching in 10 major cities around the United States, and the first deliveries are expected to be available on Saturday, 22 May.

Decentralized Pizza Places

Bitcoin Pizza won’t have physical stores. In true cryptocurrency fashion, the pizza brand will be decentralized, made up of smaller local pizza brands existing in their various cities.
According to Anthony Pompliano, you can order your box of bitcoin pizza if you are based in Boston, New York City, Washington D.C, Miami, Houston, Austin, Seattle, San Francisco, Los Angeles, and Chicago.
Only 10,000 boxes of Pizza will be made during this first run of the Bitcoin Pizza franchise, so you will have to order fast if you hope to snag a box for yourself. The Bitcoin Pizza boxes are not split evenly between the 10 cities. Some cities have as many as 2250 boxes, while others have as little as 500.
The flavors of bitcoin pizza available are classics that we are all familiar with, but with an interesting name-spin. Laser Eyes is Pepperoni Pizza, Satoshi’s favorite is Pineapple and Ham, No Keys, and No cheese is plain pizza with cheese toppings.
To order a box of bitcoin pizza, you will have to log onto the official site, order your pizza, and set the time and date you want your box of pizza delivered to you.
All the profits gotten from Bitcoin Pizza will be donated to the Humans Rights Foundations’ Bitcoin Development Fund.
According to Pompliano, it was the obvious choice for him and his team. The foundation was created to support BTC adoption as a way to help struggling societies that constantly deal with inflation. The foundation is also concerned with combating aggressive monetary surveillance systems put in place by overzealous governmental bodies under the guise of protection.
The foundation is also very concerned with aiding cryptocurrency development as a whole and compounding on the great work that the great founder of Bitcoin Satoshi envisioned all those years ago when he made the coin public.

Pompliaino’s new Bitcoin Pizza was inspired by a similar story

bitcoin pizza forum

Pompliano’s Pizza brand is inspired by the popular Bitcoin Pizza story that every bitcoin holder must have encountered once or twice in their course of interacting or transacting with the cryptocurrency.

History of Buying Pizza with Bitcoin

May 22, the day the first deliveries of the pizza are to roll out, also happens to be the anniversary of the day that a popular Florida programmer by the name of Laszlo Hanyecz paid for two pizzas with the cryptocurrency Bitcoin. It was the first proof that Bitcoin could be used in a commercial transaction like the founder intended.
On May 22, 2010, Laszlo paid 10,000 Bitcoins for two large Pizzas delivered from Papa Johns.
Since 2010, Bitcoin has found major success, and it has become apparent just how much Hanyeczs might have paid for his Pizza. Nine months after the purchase, Bitcoin held the same value as the US dollar, and in 2015, 10,000 bitcoin was worth $2.4 million.
In 2021, Bitcoin value more than doubled from its previous high of $20,000 per bitcoin, and today 10,000 bitcoin is worth a jaw-dropping $364 Billion.
Laszlo Haynecz also did not get his order on the very first day. He had to wait 4 whole days for his Pizzas to be delivered. He posted on the popular Bitcoin forum, forum on May 18 when he decided he wanted to transact with Bitcoin.
He stated that he would be willing to pay 10,000 bitcoins for “2 large ones,” and wanted to know if anyone was interested. His order was eventually fulfilled by another Bitcoin enthusiast, Jecros, who completed the delivery.
Laszlo Haynecz did not stop after his first order of Bitcoin for Pizza, he continued to transact with interested buyers over the internet, and eventually, in June, he created an open offer, allowing all those interested to trade bitcoin for Pizza. He eventually did stop as the value of Bitcoin rose and he ran out of funds.
Though his passion for bitcoin technology and peer-to-peer trading never waned. In 2018, Hanyecz became one of the first people to buy a Pizza over the Lightning Network with Bitcoin.

The Legacy of Bitcoin for Pizza

Laszlo’s passion inspired millions of other enthusiasts and showed people that peer-to-peer transactions were indeed possible with cryptocurrencies like Bitcoin. Anthony Pompliano’s new project pays homage to Laszlo’s vision and seeks to expand upon it by offering people a chance to support Bitcoin development like Laszlo indirectly did.

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Marketing Research Analyst New York, New York, United States Education: SUNY Polytechnic Institute