Anthony Pompliano, bitcoin pizza, cryptocurreny, lazlo hanyecz

The Bitcoin Pizza initiative, a new endeavor promoted by Bitcoin influencer Anthony “Pomp†Pompliano, that seeks to fund Bitcoin development while remembering Lazlo Hanyecz’s legendary pizza purchase, was launched yesterday. While being applauded by some, it also raised a lot of criticism from the cryptocurrency community due to its proposition.

Bitcoin Pizza Initiative Launched

Anthony “Pomp†Pompliano, the known cryptocurrency influencer, launched a new endeavor called Bitcoin Pizza. The business objective is to remember the now mythical purchase that Lazlo Hanyecz made 11 years ago, while helping the bitcoin developer community at the same time. The initiative includes bitcoin users, local businesses in 10 different U.S. cities, and custom packaging to create a new brand for this purpose.

The pizzas will be available starting next Saturday, and users who would like to purchase these pizzas will have to order through a local vendor, that will have custom branding boxes available, preparing the pizza in six different presentations already defined on the site. These flavors are heavily influenced by Bitcoin-based memes: “Laser Eyes,†“Satoshi’s Favorite,†“No Keys No Cheese,†“Lightning Meat,†and “Capital Greens.â€

Bitcoin Pizza aims to deliver 10,000 pizzas this Saturday, the 11th anniversary of Hanyecz’s purchase. Pomp commented on social media that the full proceeds of this sale will go to fund Bitcoin Development via the Bitcoin Development Fund invoked by the Human Rights Foundation. The fund has collected $316,303 from 112 donors so far, supporting several devs and wallet teams linked to the cryptocurrency since its establishment.

Inbound Criticism

While this idea was received with enthusiasm by a part of the cryptocurrency sphere, who was eager to support this initiative, another part of it criticized the idea for a simple reason: Local vendors will only accept credit cards for its pizzas, leaving bitcoin and other cryptocurrencies out of the picture for paying.

Anthony Pompliano, bitcoin pizza, cryptocurreny, lazlo hanyecz

For them, the whole idea of commemorating Pizza Day is to experience the same that Hanyecz experienced back in the day when he paid for his pizza with Bitcoin. However, Pomp fired back. The influencer tweeted an answer stating:

Pompliano implied he is in fact protecting investors by accepting dollars instead of bitcoin.

What do you think about the Bitcoin Pizza initiative? Tell us in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Bitcoin Pizza Initiative Launched Among Heavy Criticism: Only Fiat Accepted

The Bitcoin Pizza initiative, a new endeavor promoted by Bitcoin influencer Anthony “Pomp†Pompliano, that seeks to fund Bitcoin development while remembering Lazlo Hanyecz’s legendary pizza purchase, was launched yesterday. While being applauded by some, it also raised a lot of criticism from the cryptocurrency community due to its proposition. Bitcoin Pizza Initiative Launched Anthony […]

Xem chi tiết: Bitcoin Pizza Initiative Launched Among Heavy Criticism: Only Fiat Accepted

Morgan Creek’s Mark Yusko Predicts Bitcoin Can Reach $250K in 5 Years

Mark Yusko, Morgan Creek Capital Management’s CEO and cofounder, is extremely bullish on bitcoin. Despite a period of consolidation, Yusko expects the leading crypto asset to tap $250,000 in five years. In a recent interview, he said that the network continues to swell in an “exponential way.†Morgan Creek’s CEO Sticks to His Six-Digit Bitcoin […]

Xem chi tiết: Morgan Creek’s Mark Yusko Predicts Bitcoin Can Reach $250K in 5 Years

Bitcoin Price Spike Targets the $40K Handle, Crypto Economy Recaptures $1 Trillion Market Cap

Crypto asset markets have seen some significant gains over the last 24 hours recapturing much of the losses suffered a few days ago. The entire crypto-economy valuation is now back over the $1 trillion mark and bitcoin has jumped above the $40k handle on January 14. Bitcoin (BTC) and a number of other digital assets […]

Xem chi tiết: Bitcoin Price Spike Targets the $40K Handle, Crypto Economy Recaptures $1 Trillion Market Cap

Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’

Bitcoin’s price continues to move northbound, as the crypto asset’s value has touched another all-time high (ATH) this week reaching $41,970 per coin on Friday morning (EST). The digital asset bitcoin is now the 7th most valuable asset worldwide with an overall market valuation of around $778 billion today. Cryptocurrencies across the world have seen […]

Xem chi tiết: Bitcoin Price Taps $41,970, Morgan Creek Partner Says ‘BTC Is a 10x Improvement on Gold’

Concordium Debuts its Business-Oriented Blockchain Mainnet

After years of development, Concordium has unveiled its permissionless blockchain and MVP that is designed to meet the needs of enterprises by delivering transparency and governance, all with an orientation towards protecting user privacy. Identity-Centric Network to Promote Broader Business Adoption Although blockchain’s novel characteristics are not in dispute, corporate adoption of distributed ledger technology […]

Xem chi tiết: Concordium Debuts its Business-Oriented Blockchain Mainnet

Doge in Brooklyn: A Local Apparel Store Starts Accepting the Famed Crypto

On the heels of the SpaceX announcement that the company accepted dogecoin as payment, an apparel store on Brooklyn’s colorful Flatbush Avenue took the jump as well into the deep, cold Doge waters. Brick-and-Mortar Is Another Brick in the Crypto Adoption Wall Crypto adoption has been widely and thoroughly discussed in the media and on […]

Xem chi tiết: Doge in Brooklyn: A Local Apparel Store Starts Accepting the Famed Crypto

Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible

Iranian president Hassan Rouhani discussed cryptocurrencies at the most recent meeting of the government’s Economic Coordination Board and told participants that regulatory policy is needed to protect consumers. Rouhani believes the Iranian government should “communicate the necessary laws and instructions†as soon as possible so dishonorable crypto businesses are avoided. Regulation Necessary to Keep ‘Unprofessional’ […]

Xem chi tiết: Iran’s President Wants Crypto ‘Laws and Instructions’ Implemented as Soon as Possible

South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme

New submissions by a South African regulator, the Financial Sector Conduct Authority (FSCA) and liquidators have exposed the web of lies and deceptive tactics that were used by Mirror Trading International (MTI) CEO Johann Steynberg and others to perpetuate the Ponzi scheme. Undeclared Losses In its report filed with the South African court, the regulator […]

Xem chi tiết: South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme

Denmark to Revise Tax Law to Target Cryptocurrencies

Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down

$160 Billion Asset Manager Entering Crypto Market in Collaboration With Nasdaq

Coinbase Says Interest From Pension Funds and Hedge Funds Has Skyrocketed, Institutional Holdings Soar 170%

Hong Kong to Connect Digital Yuan With Domestic Payments System in Cross-Border Trials

Mystery Whale Returns by Moving $35 Million — Miner Transfers 1,000 ‘Sleeping Bitcoins’ from 2010

The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

Uganda Museum Collaborates With Software Development Firm to Create NFTs for Display on Binance Marketplace