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Okay, so remember how I mentioned I had one of those Casascius Bitcoin bars? Yeah, it’s a 100 BTC one, and I got it back in 2012 for like $500.
When Bitcoin went over $10k a few years ago, I started getting real nervous. I mean, holding onto something worth over a million dollars? That’s a lot of pressure.
I didn’t want to redeem it, though. To me, a physical Bitcoin that hasn’t been redeemed feels like it’s worth more than just the money. I did try to sell it a few times, but it’s hard selling something that valuable, and you really can’t trust just anyone. I even looked into auctions, but I’d be getting less than what the Bitcoin itself was worth.
Now that it’s worth over $10 million, I knew I couldn’t keep just sitting on it. So, yeah… even though I was kinda unsure, I finally redeemed it today.
Before:
After:
Transaction:
https://mempool.space/tx/118d50e57eedbdc37e55edd176b49fb561d2df45d16ac7aabb1365b66d100d43
Sorry...
When Bitcoin went over $10k a few years ago, I started getting real nervous. I mean, holding onto something worth over a million dollars? That’s a lot of pressure.
I didn’t want to redeem it, though. To me, a physical Bitcoin that hasn’t been redeemed feels like it’s worth more than just the money. I did try to sell it a few times, but it’s hard selling something that valuable, and you really can’t trust just anyone. I even looked into auctions, but I’d be getting less than what the Bitcoin itself was worth.
Now that it’s worth over $10 million, I knew I couldn’t keep just sitting on it. So, yeah… even though I was kinda unsure, I finally redeemed it today.
Before:
After:
Transaction:
https://mempool.space/tx/118d50e57eedbdc37e55edd176b49fb561d2df45d16ac7aabb1365b66d100d43
Sorry...