Behind the Old Photo of Bitcoin: Missed Opportunities for Wealth and Changes in the Era
Recently, a photo of a Bitcoin exhibition booth from 2012 has sparked heated discussions online. The booth in the photo can be described as rudimentary, featuring only a QR code, with the words "Register for a wallet and receive 100 Bitcoins" written beside it. At that time, the price of Bitcoin was $12, so these 100 coins were worth $1,200. Who would have thought that today it has soared to $100,000 each, totaling $10 million, equivalent to about 72 million RMB, a definite "wealth code".
Back then, the promoters at the exhibition site spoke tirelessly, explaining concepts such as blockchain, mining, and digital wallets over and over, but what they received in return was a sea of puzzled faces from the audience. Most people felt that Bitcoin was ethereal and far less tangible than the cash in their pockets, ignoring the opportunity presented to them.
Meanwhile, the mining profits from Bitcoin also saw a steady decline. In the early days of mining, one could earn 50 Bitcoins at a time, which later dropped to 6.25, and is scheduled to halve again by 2024, leaving only 3.125. Those who made their fortunes through mining were forced to seek other avenues.
This photo of the booth captures not just the early appearance of Bitcoin, but also serves as a snapshot of a rapidly changing era. It silently tells the tale of the unpredictability of opportunities; what seemed like a minor choice at the time could lead to life-altering waves years later. Unfortunately, most people missed their chance and are left with nothing but regret.
Having missed BTC, let's not miss #puppies . You can go directly to the Ethereum chain to check it out; this wave has stabilized at 4000, directly boosting various memes on the chain.
