From 2012 to today
Harvested a return of 20,000 times
What does it feel like? Let's find out together.
A collector who goes by the name John Galt on a Bitcoin forum recently posted that he successfully redeemed a solid gold Casascius physical Bitcoin bar purchased in 2012, extracting 100 coins $BTC , currently valued at over $10 million.
It is understood that the bar was purchased for only $500 at the time, with a total investment return rate of approximately 2,000,000%, which is a return of 20,000 times!
Casascius physical Bitcoins were issued by Mike Caldwell in 2011, embedded with real Bitcoin private keys, and ceased production in 2013 due to regulatory pressure, now becoming a rare collectible in crypto history.
In the development of Bitcoin over the past decade, various innovative products have emerged, almost all of which have failed. Who would have thought there would be a gold bar Bitcoin before? It's really quite innovative!