While the question remains whether or not you should be eating Domino’s pizza at all, a clever service now allows you to pay for your pie with Bitcoins. The service is far from an official Domino’s app and is instead a gateway or broker between the world of pizza and the world of popular virtual currencies.
The site, PizzaForCoins, asks for your address and then brings up pizza places near you. You place your order and send over your coins – the exchange rate is “APPROXIMATELY $0.50 Cents less then the current Mt.Gox Rate,” their emphasis – and wait for your pizza. Then you eat it.
The team behind the site, Matt Burkinshaw and Riley Alexander, built the service as a conduit between bitcoin and the real world, a key tool that will improve the visibility and viability of the platform.
The pair are working on adding other pizza places to the service including Papa John’s.
Bitcoins are currently trading at about $25 so two pizzas and bread bites will cost you $17.75. You can also add things to your order like wings, different crusts, and the like. It’s a fascinating tool and far more valuable to the average user than sites like Silk Road where bitcoins are used for more illicit purposes. I’m sure an entire subset of users would love a way to use an untraceable currency to pay for everyday things and pizza is a great start.