Category: Food

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Inflation Plagues American Economy: US Consumer Prices See Fastest Rise in Close to 40 Years

The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago. It’s the largest rise in close to forty years, and U.S. policymakers are backing away fast from saying inflation is transitory. Inflation Accelerates in the…
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Grubhub users can earn BTC rewards for food delivery as part of Lolli partnership

“Food delivery is a ritual for many and Bitcoin rewards makes Bitcoin a part of that ritual,” said Lolli co-founder and CEO Alex Adelman. Food delivery platform Grubhub has partnered with Bitcoin rewards app Lolli to give hungry people the opportunity to earn crypto back on their orders. In a Wednesday announcement, Lolli said Grubhub…
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‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power

Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries, gasoline, lumber, healthcare supplies, and used vehicles. On Friday, Harvard economist…
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Landry’s Restaurant Group to introduce Bitcoin loyalty program

Landry’s Select Club members will be able to earn Bitcoin-centric rewards points at 500 restaurant locations around the United States. Landry’s Restaurant Group announced a partnership with cryptocurrency firm NYDIG on Tuesday that will enable diners to earn $25 worth of Bitcoin for every $250 spent at the hospitality conglomerate’s eateries. Landry’s will also begin…
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Would you like fries with that? Fast-food chains are serving up NFTs

Fast-food restaurants across the globe are jumping on the NFT bandwagon with their own digital tokens. The past few months have seen an explosive uptake of nonfungible tokens (NFT) as crypto artists, gaming enthusiasts, musicians, celebrities and now fast food chains deploy the technology in various ways. Fast food giants such as McDonald’s, Burger King…
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McDonald’s China to give away 188 NFTs on 31st anniversary

The “Big Mac Rubik’s Cube” NFTs will be distributed to Chinese employees and customers by McDonald’s China as a part of a giveaway. Fast-food giant McDonald’s China released a set of 188 nonfungible tokens (NFT) on Oct. 8 to celebrate its 31st anniversary in the Chinese market. Branded as “Big Mac Rubik’s Cube,” the NFTs…
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Yemen national uses crypto donations to fight starvation amid civil war

16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels. A Redditor living in Yemen’s capital city of Sana’a claims to be using cryptocurrencies to buy food packages for families unable to access supplies during an ongoing civil war. According to a Thursday…
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Bitcoin bull launches pizza company that doesn’t accept crypto payments

A guy based in New York City who loves Domino’s is launching a pizza brand based on a Papa John’s event that doesn’t accept the crypto he espouses. Just days before the anniversary of Bitcoin Pizza Day, Bitcoin proponent Anthony ‘Pomp’ Pompliano has launched a pizza company aimed at supporting small business and the Human…
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Bubba Gump Shrimp seafood restaurants will start accepting Bitcoin payments

There’s Bitcoin kabobs, Bitcoin creole, Bitcoin gumbo. Pan fried, deep fried, stir-fried… Many chain restaurants operated by parent company Landry’s will begin to accept Bitcoin as a form of payment for meals. In an interview with CNBC yesterday, Landry’s chair and CEO Tilman Fertitta said “80% to 90%” of the company’s restaurant brands — including…
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Snack companies are openly celebrating 4/20 thanks to DOGE

Since Slim Jim began furiously promoting Dogecoin on Twitter in February, the number of followers on its account has quintupled. United States-based meat snack Slim Jim is the latest food brand to jump into the crypto space by promoting the meme-centric cryptocurrency Dogecoin. In a tweet today, Slim Jim announced it was launching its own…
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