🔹 1985-2003: The starting point of the 'rebellion' of small-town youth (P2)
Master Bao, real name Guo Hongcai, was born in 1985 in Pingyao, Shanxi.
In 2003, he failed the college entrance exam with a score of 300, and with 10,000 yuan given by his father, he ventured to Beijing—attending Tsinghua University as an auditor.
Attended classes for 3 years, resold pirated CDs, acted as a campus phone card agent, earning tens of thousands a month! Famous saying: 'Knowledge doesn't necessarily require a diploma; making money is the hard truth.'
🔹 2006-2012: Love + E-commerce, the wild path to the first pot of gold (P3)
In 2006, while cycling along the Sichuan-Tibet line, he met Sichuan Agricultural University student Jin Yangyang, fell in love at first sight, and soon rushed to her hometown in Mianyang, declaring, 'I am her boyfriend,' successfully pursuing her with confidence.
In 2008, the couple moved to Shanghai, where they invested in e-commerce startup in a small attic. Guo Hongcai keenly sensed business opportunities. He brought local specialties—Pingyao beef to Tmall, becoming one of the earliest merchants to settle there, and became the sales champion on Tmall.
🔹 2013: A crucial year of fate
Beef sales hit a bottleneck, and the family moved back to Beijing from Shanghai. While wandering, his wife heard Li Xiaolai's speech about BTC and bought hundreds of BTC at 500 yuan each. After Guo Hongcai found out, he met Li Xiaolai for a deep conversation, and after being brainwashed, decided to go all in on BTC, borrowing money from relatives and friends, mortgaging his father's house to the bank, and invested everything in Bitcoin, marking the start of his fate's wheel turning.
🔹 2014-2017: The mining godfather and ICO scythe (P4)
During this time, the couple did a lot of things, building their personal IP online while constantly engaging in BTC activities.
Inner Mongolia mining gamble: Burning 500,000 yuan in electricity daily for mining, using the leftover heat from mining machines to cook steak for hunger, self-mockingly calling it 'licking blood off the blade.'
Davos performance art: Breaking into the financial forum in slippers and shorts, declaring, 'Bitcoin's market value exceeds the global GDP.' After the video went viral, 'Master Bao's IP exploded.'
Platform harvester: During the ICO craze, openly charging a 1% platform fee, in 3 months, gathered 30 projects raising 400 million, and was criticized as 'the master of cutting leeks' as coins like Domain Chain went to zero.
🔹 2017-2018: Crossing the ocean to avoid risks (P5)
On September 4, 2017, seven ministries issued a document to completely halt ICOs. The keen-sensed Guo Hongcai, who had just promoted ICO the day before, organized the 'ICO Legal Awareness China Tour' the next day. But he knew in his heart that the winds had changed, and it was time to run.
In 2018, Guo Hongcai settled in Silicon Valley, buying a mansion covering thousands of acres with 500 BTC, naming it 'Leek Manor,' planting real leeks there as a joke, and filling his garage with Rolls Royces.
🔹 2025: The bloody ending (P6)
In April 2025, he announced late-stage kidney failure (CKD stage 4), with creatinine levels skyrocketing like a 'crashing K-line.' Doctors warned he needed dialysis or a kidney transplant. Now receiving treatment at the best private hospital in Hong Kong, hoping to be among the 1% who won't eventually develop uremia.
We invest our whole lives, while the market only gambles on the game where you stake your life.

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