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🫡THROWBACK: In 2012, BitInstant booth gave away 100 BTC. I

CryptoPotato

Updated at: 8 hours ago

{"content":"🫡THROWBACK: In 2012, BitInstant booth gave away 100 BTC. In 2012, at one of the earliest Bitcoin conferences in San Jose, California, crypto startup BitInstant (co-founded by Charlie Shrem) set up a booth to promote Bitcoin. To encourage adoption, they gave away 100 BTC to attendees — for free. At the time, Bitcoin was worth just around $10, so the total value of the giveaway was about $1,000. Most people didn’t think much of it. Some lost the paper wallets. Others forgot they ever had them. Fast forward to 2025: 100 BTC = $10.5 million+ It’s one of the most legendary early crypto giveaways — a reminder of how early believers (or lucky attendees) were massively rewarded. While BitInstant later shut down and Shrem faced legal troubles, that giveaway remains a historic moment in Bitcoin lore. What seemed like a small gesture became a potential life-changing fortune for anyone who held on. #IsraelIranConflict #TrumpBTCTreasury #SaylorBTCPurchase #btc #MarketUpdate $BTC $ETH $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/16/3caa8d28c522412db584a0f36854579c.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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