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. I didn’t sell the coins or anything—I just moved them to my hardware wallet to keep them safe.
Before:
https://talkimg.com/images/2025/05/13/UU5J09.md.jpegAfter:
https://talkimg.com/images/2025/05/13/UU5yhw.md.jpegTransaction:
https://mempool.space/tx/118d50e57eedbdc37e55edd176b49fb561d2df45d16ac7aabb1365b66d100d43Sorry...
Congratulations on taking that big step, moving 100 BTC is no small moment, especially when it holds such personal and historic value.
At Xapo, we’ve seen first-hand how early Bitcoiners face this exact dilemma: balancing the emotional significance of early Bitcoin with the responsibility of securing it safely as its value grows. Whether it’s physical coins, early wallets, or large holdings, protecting your Bitcoin in today’s world means adapting to new security standards, while still respecting where you came from.
You’ve done the right thing by taking control of your keys in a secure hardware wallet. If you’re ever looking to explore regulated custody solutions that combine institutional-grade security (MPC, governance controls, physically guarded vaults) with full reserve practices, without giving up ownership of your Bitcoin, feel free to reach out. But for now, congratulations again on securing such an incredible piece of Bitcoin history.
Ser we salute you 🫡
