Ending Soon! Save 33% on All Access

Bitcoin Pizza Brand Is Here to Disrupt the Market — But it Doesn't Accept Bitcoin The first pizzas will be delivered this Saturday.

By Emily Rella

Bitcoin Pizza

It's no secret that the crypto space has been making all kinds of headlines lately, including everything from the cheeky SNL sketch "The Dogefather" to Mark Cuban and Elon Musk getting into a Twitter standoff over the environmental ethics involved in the production of Bitcoin. But one phrase we probably never expected to hear? Bitcoin Pizza.

Crytpo influencer and tech investor Anthony Pompliano set the internet into a frenzy Tuesday when he announced via Twitter video that he would be launching a new initiate called Bitcoin Pizza in order to help fund research and development of the famed cryptocurrency.

The infamous transaction he alludes to was when Laszlo Hanyecz purchased two Papa John's pizzas for 10,000 bitcoin in 2010, marking the first time a commercial transaction was completed via the currency.

The pizzas will launch in Seattle, San Francisco, Los Angeles, Austin, Houston, Chicago, Miami, Washington D.C., New York City and Boston, and be delivered from May 22-29.

The prices of each pie will vary by city but will be higher than a normal pie at each location, with proceeds going to the Human Rights Foundation in order to support the organization's Bitcoin Development Fund. "Just as Bitcoin is working to disrupt the incumbent banks, Bitcoin Pizza will be working to disrupt the incumbent corporate pizza chains," Pompliano said. "Bitcoiners can accomplish anything."

Hungry consumers can go to the Bitcoin Pizza website and place an order for delivery, which will come piping hot in a special Bitcoin-themed box.

Five different pies are being offered, including a pepperoni pie named "Laser Eyes" and a pineapple and ham version named "Satoshi's Favorite," as a nod to Bitcoin founder Satoshi Nakamoto.

Ironically enough, Bitcoin won't be accepted as a form of payment for the pies — you'll need real cash for that.

"For individuals in closed societies, or anyone facing hyperinflation, capital controls, sanctions or financial surveillance, Bitcoin can be a tool of freedom," the brand said. "Every pizza purchased benefits open-source developers working to make the Bitcoin network more private, decentralized and resilient."

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Business News

Kickstarter's CEO Explains Why the Platform Is Changing After 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Marketing

5 Steps to Preparing an Engaging Industry Presentation

You can make a great impression and generate interest with an exciting, informative presentation. Find out my five secrets to creating an industry presentation guaranteed to wow.

Business Solutions

Save on a Lifetime of PDF Management for Memorial Day

Easily convert, edit, and annotate PDFs for work and business with this deal.