casasciusbitcoin
22,724 views
4 Discussing
Hot
Latest
Old Casascius Coins with 2,000 BTC Just Awakened
š
December 6 | United States
For over a decade they remained untouched, like relics of Bitcoin's origins. Two Casascius coins, loaded with 2,000 BTC in total, have just moved after 13 years of complete inactivity. These physical tokens, sealed in 2012 and designed to store Bitcoin, were considered forgotten museum piecesā¦ until now.
šTo understand the magnitude of this movement, it's important to remember what Casascius coins are. These are physical coins created between 2011 and 2013 by Mike Caldwell, containing an internal hologram that holds a private key.
Each coin represented a specific amount of real Bitcoin. Back then, they were considered geeky souvenirs, but over time they became million-dollar financial fossils. What's extraordinary is that these coins had never been spent, making them time capsules of Bitcoin's early days.
According to CoinDesk, the transactions occurred almost simultaneously:
1,000 BTC moved from the address linked to one Casascius coin.1,000 BTC moved from the second.13 years without any prior movement.
The current value exceeds $150 million, but when these units were manufactured in 2012, Bitcoin was trading between $5 and $13. In other words, these coins were minted with an initial value of less than $26,000, and today they represent a figure 6,000 times greater.
It is important to note that the original Casascius coins can no longer be produced due to US regulations. Therefore, each unit is considered an extremely rare collector's item.
Topic Opinion:
This does not represent a threat, but rather a demonstration of the technological durability of the protocol. If we learn anything today, it is that understanding Bitcoin goes beyond price; it is a lesson in sovereignty, patience, and long-term vision.
š¬ If you had a Casascius coin, would you move it or keep it?
Leave your comment...
#bitcoin #CasasciusBitcoin #Onchain #BTC #CryptoNews $BTC
For over a decade they remained untouched, like relics of Bitcoin's origins. Two Casascius coins, loaded with 2,000 BTC in total, have just moved after 13 years of complete inactivity. These physical tokens, sealed in 2012 and designed to store Bitcoin, were considered forgotten museum piecesā¦ until now.
šTo understand the magnitude of this movement, it's important to remember what Casascius coins are. These are physical coins created between 2011 and 2013 by Mike Caldwell, containing an internal hologram that holds a private key.
Each coin represented a specific amount of real Bitcoin. Back then, they were considered geeky souvenirs, but over time they became million-dollar financial fossils. What's extraordinary is that these coins had never been spent, making them time capsules of Bitcoin's early days.
According to CoinDesk, the transactions occurred almost simultaneously:
1,000 BTC moved from the address linked to one Casascius coin.1,000 BTC moved from the second.13 years without any prior movement.
The current value exceeds $150 million, but when these units were manufactured in 2012, Bitcoin was trading between $5 and $13. In other words, these coins were minted with an initial value of less than $26,000, and today they represent a figure 6,000 times greater.
It is important to note that the original Casascius coins can no longer be produced due to US regulations. Therefore, each unit is considered an extremely rare collector's item.
Topic Opinion:
This does not represent a threat, but rather a demonstration of the technological durability of the protocol. If we learn anything today, it is that understanding Bitcoin goes beyond price; it is a lesson in sovereignty, patience, and long-term vision.
š¬ If you had a Casascius coin, would you move it or keep it?
Leave your comment...
#bitcoin #CasasciusBitcoin #Onchain #BTC #CryptoNews $BTC
See original
Did you know that there is a physical Bitcoin coin called Casascius Bitcoin? Created in 2011 by Mike Caldwell, these coins contain a private key printed inside that allows access to the amount of Bitcoin they represent. Although they are no longer produced due to regulatory pressure, some can still be found on the market. A unique way to physically own Bitcoin! #CasasciusBitcoin #BitcoinFĆsico #Criptomonedas #Rareza $BTC
Login to explore more contents