BCHpizza as a way to implement BCH
Hello to all lovers of pizza, as well as the cryptocurrency BCH!
No, today we are not talking about how to make pizza. But about something interesting! It's about an interesting project that introduces our favorite cryptocurrency BCH.
History of bitcoin and pizza
The first commodity in the world to be sold for bitcoin was pizza. The sale took place in 2010. At that time, American Laszlo Hanjeks paid 10,000 bitcoins for two pizzas. At the time, one bitcoin was worth 0.5 cents.
But today is not about bitcoin, but about BCHpizza
BCHpizza is a website dedicated to the growing adoption of Bitcoin Cash by merchants. Here's how it works: anyone can post a BCH reward to reward a pizza place in any city of their choice. The pizzerias can then claim half of the reward by starting to accept Bitcoin Cash. The other half of the reward is for the person who convinced the pizzeria to start accepting BCH.
What is BCHpizza?
Instead of having a Bitcoin Pizza Day, BCH Pizza allows cryptocurrency enthusiasts to buy their pizza using bitcoin cache. Although it may seem complicated at first glance, cryptocurrency enthusiasts will get help from the BCH Pizza catalog, which tracks Bitcoin Cash payments in exchange for pizza.
How BCHpizza works to buy pizza with Bitcoin Cash
Right now, the BCH Pizza platform offers an incentive that allows anyone to post a Bitcoin Cash reward due to the desire for a particular pizza restaurant in a particular city to accept Bitcoin Cash as payment for their pizza. If the pizza store officially allows BCH payments, those in charge are allowed to claim their reward.
BCH Pizza currently lists several locations in the U.S., Canada, the Middle East, Europe, Oceania, Africa, Asia, Central and South America.
Benefits of BCHpizza
There are many reasons why pizza restaurateurs should be excited about the BCH Pizza initiative, and here's why:
Using BCH eliminates the costly transaction fees associated with using fiat.
Unlike paying with credit, BCH allows no chargebacks, refunds or cancellations.
Regular BCH customers are becoming increasingly popular, and with this popularity, pizzerias using BCH can attract new customers.
By adopting BCH, pizzerias can also gain access to free marketing and press opportunities through a decentralized structure. They can even get publications in the local press to spread the word about their establishment and expand their customer base.
Benefits of Bitcoin Cash for Restaurants
Bitcoin Cash (BCH) is a new type of money that was created in 2009. It began as just Bitcoin continued in 2017 under the name Bitcoin Cash. It is a peer-to-peer electronic money system with low fees that operates independently of any banks, corporations or countries. It is truly money "of the people, by the people, for the people."
Ultra low fees. The network transaction fee for a typical Bitcoin Cash transaction is less than one cent. If you want to convert BCH to fiat currency such as U.S. dollars, you can easily do so through a merchant processor such as Bitpay for an additional fee, but it will still be much lower than the cost of credit card settlement.
No chargebacks. Unlike credit cards, there are never automatic cancellations, chargebacks, chargebacks, or other annoying fees. You're virtually 100% fraud-proof at zero cost.
New customers. Bitcoin Cash patrons are some of the most passionate people in the world. They will do everything they can to support your business as a BCH seller.
Free marketing and press opportunities.
In accepting BCH, you will be listed in several web directories and apps. We'll even contact the local press upon request to feature your establishment as an example of the growing MPB trend.
Keep it free.
Bitcoin Cash is decentralized, voluntary and non-aggressive. We believe it is an inherently humanitarian project that will enhance peace and prosperity for all.
You can get an award here!!!!
Only pizza places that serve customers in the location listed in the award are eligible for the rewards.
To receive an award, you just need to contact them and provide a short video confirming that you accept BCH.But they may also decide to ask for more information about the claim.
When you send them a video they prefer that you upload it to a video sharing site like Youtube and send us the link rather than mailing them a big video file.
You can also post your award
This requires three steps:
One way:
Step 1: Enter the BCH address from which you will send funds for the reward.
Step 2: Select the city for which you want to offer the award:
Step 3: Sign the message using your address.
The content of the message must be the exact name of the city as selected. Make sure there is one space between words and there are no extra spaces at the beginning or at the end of the message.
Insert the signed message and click "Send". A few words about the project itself:
Why is this project just for pizza and not for other food vendors?
You have to start somewhere. By focusing only on pizza, the project will have more attention and more buzz. Everybody loves pizza. And the first bitcoin transaction was for pizza, so it's an extension of the meme. We're going to try to change the world, one slice of pizza and satoshi at a time.
Why Bitcoin Cash and not BTC?
Bitcoin Cash is much better for sellers because it tends to be a peer-to-peer electronic money system and has consistently low commissions. The BTC network is unreliable because of congestion and volatile commissions.
Why are they doing this:
They have a lot of faith in Bitcoin Cash, and this is one way to help the seller accept it.
Are the rewards secure from hackers?
While there is no perfect security, we do use a cold storage system to protect BCH funds from being hacked or stolen.
Is there any way to get rid of the need to trust them with depositing money?
Yes. They plan to add a multi-signature feature in the near future so that multiple trusted members of the BCH community can handle the funds. There will also need to be an escrow feature.
Can I place reward in another currency than BCH?
No, but you can always use websites like Evercoin.com and Shapeshift.io to convert other cryptocurrencies to BCH.
BCH is probably one of the most popular altcoins , whose steady growth is evident from its market capitalization. While using cryptocurrency for pizza may not be the intended use, the concept remains important to help cryptocurrency become mainstream. Nevertheless, there is still a long way to go before BCH can compete with its Bitcoin and Etherium counterparts .
Attention! This article is not an advertisement for the above mentioned project, it is given just for information about one of the ways of BCH implementation.
BCH!!!!!- I love your big block!!! I also love pizza 🍕
