Using Bitcoin worth over $700 million today, he exchanged it for just two ordinary pizzas - On May 22, 2010, programmer Laszlo Hanyecz made this 'absurd transaction' and inadvertently rewrote the history of currency. This event, now commemorated by the global crypto community as 'Bitcoin Pizza Day,' hides a deeper lesson than just the price of pizza: when a new type of asset is born, what people lack the most is not foresight, but a stable measure to evaluate its value.

Did Laszlo really 'lose'? A misunderstood creation experiment

On the surface, this is the 'most expensive consumer mistake in history.' But Laszlo himself said, 'I do not regret it, because I proved that Bitcoin can be used as money.' This statement reveals the essence—at the very beginning of Bitcoin's birth, everyone was asking, 'What can this string of code actually be exchanged for?'

The two pizzas provided the first answer: Bitcoin can exchange for real-world goods and services. This transaction was not a mistake but a creation ceremony that injected 'practical value' into Bitcoin. Without this purchase, Bitcoin might forever remain a theoretical toy in geek forums.

But the problem arose: as the price of Bitcoin soared from $0.004 to tens of thousands of dollars, it became increasingly difficult to be a 'daily currency.' Volatility consumed practicality, and people preferred to hoard rather than use it.

USDD: Bridging the gap between 'value storage' and 'practical currency.'

This is precisely the core contradiction that @usddio is trying to address—how to create a currency that maintains the independence of crypto assets while being as stable as fiat currency.

If Bitcoin Pizza Day proved that 'cryptocurrency needs practical scenarios,' then what USDD aims to do is build a financial layer that allows crypto assets to achieve stable payment capabilities without sacrificing volatility.

From 'expensive pizza' to 'everyday coffee': The pragmatic revolution of USDD.

Imagine another parallel universe: If USDD had existed in 2010, Laszlo's transaction might have occurred like this:

  1. He did not need to directly spend 10,000 Bitcoins but instead used them as collateral to generate USDD.

  2. Using USDD to buy pizza, the price is stable, and merchants need not worry about the price halving the next day.

  3. After the pizza transaction was completed, Bitcoin continued to earn interest and appreciate in the address where it was collateralized.

  4. Redeem Bitcoin anytime, enjoy the benefits of appreciation, while not losing liquidity.

This is the true 'evolution of currency': it does not require you to choose between 'hoarding assets' and 'consuming usage.'

How does USDD solve the 'pizza dilemma'?

  1. Dual Value Capture System.
    Your Bitcoin and other assets continue to appreciate as collateral while you obtain stable consumption USDD.
    No longer troubled by 'spending potentially skyrocketing assets.'

  2. Decentralized stability, without sovereign intervention.
    Unlike fiat currency, which relies on central bank credit, USDD's stability comes from a mathematical mechanism of over-collateralization across multiple chains.
    Anyone globally can verify its reserves without trusting any institution.

  3. Providing a 'value benchmark' for the crypto economy.
    Just as pizzas once provided Bitcoin's first price reference, USDD is becoming a stable pricing unit within Web3:

    • NFT pricing is no longer subject to severe fluctuations in ETH.

    • In-game economies have an anti-inflation benchmark.

    • Cross-border settlement avoids exchange rate friction.

A deeper insight: The essence of currency is 'a tool of consensus.'

The true legacy of Bitcoin Pizza Day is not a wealth fable about 'hoarding coins early,' but rather it demonstrates the process of how currency grew from zero consensus to global consensus:

  • 2010: The consensus of exchanging 10,000 Bitcoins for pizza was established only between two geeks.

  • 2024: Millions of merchants worldwide accept cryptocurrency payments.

USDD is driving the next stage of consensus evolution: making 'crypto-native stable value' the default option for global commerce.

What are we actually commemorating when we celebrate Bitcoin Pizza Day?

Not to commemorate 'missed wealth,' but to commemorate:

  1. Courage precedes calculation in the spirit of creation.

  2. Practical value precedes the builder's mindset of speculative pricing.

  3. Using the simplest transaction to validate the most complex system's experimental wisdom.

Today, USDD inherits the same spirit—using the most robust collateral mechanism to solve the most turbulent demands of the crypto economy.

It does not require you to become a prophet who can predict a 70,000-fold increase; it only provides:
When you embrace the crypto future, you don't have to bet all your current certainty.

The best innovation is not to make you fantasize about 'what if back then,' but to give you the tools to 'seize the present.'
@USDD - Decentralized USD #USDD以稳见信

History will remember the first person to buy pizza with Bitcoin,
and it will also remember the first system that truly made cryptocurrency a daily currency.
The former opened the story, while the latter is writing the future.