Domino's Pizza has joined a new online startup, Pizzaforcoins.com, that allows consumers to buy a pizza using their virtual currency, also known as Bitcoins.

According to Geek.com, customers place their orders on Pizzaforcoins.com. Then, site owners Matt Burkinshaw and Riley Alexander collect their virtual currency and place the delivery order on their behalf using real cash.

As of this week, a large, hand-tossed pizza was available for 0.50 Bitcoins, or about $12.

According to the story, Domino's is not actually involved in the project; it is simply the first chain that is available for the swap. The Pizzaforcoins.com website claims that Pizza Hut and Papa John's will be added soon.

According to a follow up story by the BBC, the two programmers set up the middleman service to increase the use of digital cash, and to add convenience for customers who may not have real cash on them. Adding that extra step, however, can delay an order, the site's founders warn.

Bitcoins first appeared in 2009 and are linked to a global network of computers that supports the currency. The network's users earn the coins by participating in the network. The bitcoin has become more widely used as an alternative payment method. One bitcoin is worth about $26.

Read more about online initiatives.

Related Content

User Comments – Give us your opinion!
  • Bitcoin Master
    37509983
    Great, pizza! The more stuff we can buy with this virtual currency, the better! Get started using Bitcoins here! - http://thebitcoinmaster.blogspot.com - Join the revolution!
Products & Services

Online Ordering

http://global.networldalliance.com/new/images/products/4285.png

4285/Online-Ordering

Standard coffee

http://global.networldalliance.com/new/images/products/6963.png

6963/Standard-coffee

PeopleMatter HIRE™

http://global.networldalliance.com/new/images/products/4625.png

4625/PeopleMatter-HIRE

Luzianne iced tea

http://global.networldalliance.com/new/images/products/6957.png

6957/Luzianne-iced-tea

ExpressNet

http://global.networldalliance.com/new/images/products/ExpressNet_iix.gif

1428/ExpressNet

Mobile Ordering

http://global.networldalliance.com/new/images/products/5933.png

5933/Mobile-Ordering

HAND-PINCHED STYLE® Sausage and Beef Toppings

http://global.networldalliance.com/new/images/products/6785.png

6785/HAND-PINCHED-STYLE-Sausage-and-Beef-Toppings

Free Menu Board Media Player Promotion

http://global.networldalliance.com/new/images/products/6675.png

6675/Free-Menu-Board-Media-Player-Promotion

Quote decoder: how to compare restaurant POS systems

http://global.networldalliance.com/new/images/products/1290.png

1290/Quote-decoder-how-to-compare-restaurant-POS-systems

FireFly Point-of-Sale

http://global.networldalliance.com/new/images/products/4282.png

4282/FireFly-Point-of-Sale

Digital Menu Boards and ROI
Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.