Would You Ever Spend 10,000 BTC Today? Reflecting on Bitcoin Pizza Day
On May 22, 2010, Laszlo Hanyecz made history by trading 10,000 BTC for two pizzas. At that time, the value of Bitcoin was so negligible that he was effectively testing whether it could function as money. Fourteen years later, that same amount of BTC is worth over $1 billion.
So, would you spend 10,000 BTC today?
Most people would laugh at the idea. After all, Bitcoin is now widely seen as digital gold —a store of value rather than a medium of exchange. Spending it on pizza seems absurd. But that’s exactly why Bitcoin Pizza Day matters: it highlights what Bitcoin was always meant to be—peer-to-peer electronic cash.
Why People Don’t Spend BTC Anymore
1. Volatility: Why spend an asset today that might double in value tomorrow?
2. HODL Culture: Many see BTC as a long-term investment, not spending money.
3. Lack of Merchant Adoption: While some retailers accept Bitcoin, it’s not mainstream yet.
But Should We Start Spending BTC Again?
If Bitcoin is ever to become real money, we must break free from seeing it only as digital gold. Imagine:
- Buying coffee with BTC via the Lightning Network.
- Sending BTC remittances instantly across borders.
- Getting discounts for paying with crypto.
The technology is ready. What’s needed is confidence, stability, and real-world usability.
Final Thoughts
Spending 10,000 BTC on pizza today would be reckless—but in 2010, it was visionary. Bitcoin Pizza Day isn’t just about loss or gain—it’s about courage, innovation, and belief in a decentralized future.
So, would I spend 10,000 BTC today? Not on pizza—but maybe on building something the whole world could use.
