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I want to buy pizza with Bitcoin again

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Across the board, cryptocurrencies of all different types are being treated as investments, and that’s holding the technology back.
The world can’t seem to define crypto, and that is a problem. Not that there aren’t a million different explanations floating around the internet distinguishing money system coins from utility tokens from security tokens, there are. The big problem arises from how all these different crypto entities are being treated by nearly everyone in the space, longtime hodler and newcomer alike. No matter the function, all crypto is being handled in the same, investment-minded manner, and it is holding the technology back.
Cryptocurrencies were originally a fringe technology. Your tech-savvy friend might have owned some Bitcoin early on, but they also might have owned a large collection of comic books or action figures, which didn’t scream to the rest of the world “this person is really onto something.” Crypto existed more conceptually than as an actual system to transact in. Who can forget the famous 10,000 Bitcoin for a pizza story? At the time, crypto was simply an experiment in peer-to-peer transaction.
As this fringe community began to grow, so did cryptocurrencies’ value, both in price and public understanding. Like in nearly all modern money systems, the value of a cryptocurrency is derived from a mutual understanding that it functions as a store of value. Borderless, peer-to-peer transfer sweetened the deal, offering something more efficient than fiat currencies. Momentum began to build… then crypto “ mooned.”
Even the most ardent crypto enthusiasts could not have predicted the mainstream blow-up in 2017 (even though they might claim otherwise). Overnight, everyone and their grandmother was suddenly caught up in crypto mania. Wild speculation sent prices through the roof. A mad scramble took place to swipe up as much crypto as possible before the prices soared into the stratosphere forever.
Fortunes plopped on to unsuspecting crypto owners’ laps overnight, but this unexpected blessing has also become crypto’s biggest curse.

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