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From Pizza to Payments: The Road to Bitcoin as Real Money
On May 22, 2010, two pizzas cost Laszlo Hanyecz 10,000 BTC. What seemed like a quirky transaction now stands as a monument to Bitcoin's journey—from geek experiment to global store of value.
But if Bitcoin is “digital gold,” why isn't it buying your coffee?
The answer is friction.
Volatility keeps merchants guessing, slow confirmation times make daily spending painful, and tax regulations treat Bitcoin like property—not money. Add to that the psychological weight of "spending the next Laszlo moment," and BTC stays locked in wallets, not in circulation.
So what will it take?
Layer 2 adoption like the Lightning Network must become invisible, fast, and user-friendly. Stablecoin bridges might ease volatility fears while keeping users in the crypto economy. And regulatory clarity could shift tax treatment, unlocking billions in consumer use.
But most importantly, Bitcoin must shed its myth of scarcity worship. Money is meant to move. The real milestone won’t be the next ATH—it’ll be when you buy dinner with sats, and no one blinks.
Until then, Bitcoin is potential. Pizza Day reminds us what happens when that potential is realized—even imperfectly.
Spend wisely. The future depends on it.