Bitcoin

Bitcoin Mogul Wants to Sell Pizza to Dethrone Dominos

Bitcoin Mogul Wants to Sell Pizza to Dethrone Dominos

Pomp tweeted Wednesday that he is thinking about launching a national pizza brand to compete with Dominos.” So “Bang Bang pizza” is his master plan to end the reign of Domino’s Pizza! Why the sudden vengeance?

Anthony Pompliano, best known as the ‘Pomp,’ has come a long way from a green 20-year-old deployed in Iraq to a big-time investor and entrepreneur. He is the founder and partner at Morgan Creek Digital, a hedge fund specializing in digital assets and blockchain technology. The ‘Pomp’ is also active on his podcast, “Off the chain.” A fun way to keep up to date with the investment world and more. So what does all that have to do with pizza?

How bad is the craving for pizza?

In retrospect, craving pizza can cost people a lot more than a few bucks.

In 2010 Laszlo Hanyecz, a developer from Florida, spent as much as 10,000 Bitcoin on two pizzas from Domino’s Pizza. Ouch. Today, that infamous Domino’s pizzas would be worth about $600 million, as BTC stands at $57,188. Pompliano has made bold predictions for bitcoin, saying that it would reach as much as $1 million in a few years. (Author’s note: Oh, sweet irony).

Bang Bang Pizza, on the other hand, will be accepting nothing but cash. A clever way of him saying, “keep your bitcoin; it’s about to get wild.”

Bitcoin rise

Bitcoin price recovers on Thursday. Source: BTCUSD On TradingView.com

Bitcoin saw a heck of a year. Many major companies started putting their trust in crypto and bitcoin in particular. Tesla accepts payments in BTC now, and PayPal launched a crypto-checkout. It allows the clients to use their cryptocurrency for payments in millions of stores and convert it to fiat right at the checkout.

Is that wise, though? As the investor claims, bitcoin’s rise is about to get even better. He sees bitcoin possibly hitting the $1 million mark in 2026.

No certainty on whether that prediction will pan out, but Bang Bang Pizza promises to be delicious.

Photo by Ivan Torres on Unsplash

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