The Bitcoin Pizza initiative, a new endeavor promoted by Bitcoin influencer Anthony â€œPompâ€ Pompliano, that seeks to fund Bitcoin development while remembering Lazlo Hanyeczâ€™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 â€œPompâ€ 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: â€œLaser Eyes,â€ â€œSatoshiâ€™s Favorite,â€ â€œNo Keys No Cheese,â€ â€œLightning Meat,â€ and â€œCapital Greens.â€
Bitcoin Pizza aims to deliver 10,000 pizzas this Saturday, the 11th anniversary of Hanyeczâ€™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.
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.
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.