Bitcoin's Early Years Booth Photo Exposed: Poorly Arranged, 100 Coins Giveaway, Now Worth 72 Million
A photo of a Bitcoin booth from 2012 recently went viral online. The booth looks very simple, just a QR code and the words "Register Wallet to Get 100 Bitcoins". At that time, these 100 Bitcoins were worth about 1200 USD, and now they have skyrocketed to 7.2 million USD (approximately 72 million RMB). Behind this photo lies the legendary journey of Bitcoin from obscurity to wealth.
Back in 2012, Bitcoin was only worth 12 USD each. The 100 Bitcoins promised at the booth were worth a total of 1200 USD. But who would have guessed that by December 2024, it would rise to 100,000 USD each? Calculating this, the 100 Bitcoins that one could casually obtain by scanning a code and registering a wallet are now worth 10 million USD, or 72 million RMB.
Looking at Bitcoin's mining rewards, they have truly diminished year by year. From the original 50 Bitcoins, it is now down to 6.25, and by 2024 it will be halved again to 3.125. This has forced those who made their fortunes through mining to seek other avenues.
Looking back at that 2012 booth photo is truly nostalgic. That seemingly shabby booth gave passersby a priceless gift. Unfortunately, most people did not take this "gift" seriously and missed the chance to become wealthy overnight.
The promoters at the exhibition were also in a tough spot. They had to repeatedly explain what blockchain is, what mining is, and what a digital wallet is. But most people were left confused, feeling that this thing was too ethereal compared to the tangible RMB.
This 2012 booth photo not only records an important moment in Bitcoin's development but also witnesses a shift in an era. It shows us that opportunities often arise in the most ordinary ways, and the choices made at that time often influence one's future trajectory. Perhaps this is the most interesting aspect of fate: when opportunities arise, no one knows how the seemingly mundane choices will lead to earth-shattering changes many years later.