The story
From pipe + dream, referring to the fantasies experienced when smoking an opium pipe. Compare Old English pīpdrēam (“the sound or music of a pipe”), which is formed identically but has a different meaning.
First known use, by meaning
- from late 19th c. A desire or idea which is unlikely to materialize, or a plan which is unlikely to work; a near impossibility.
Etymology from Wiktionary, CC BY-SA 4.0.