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by Franciscouzo 3102 days ago
And? It doesn't matters how many coins you've got to perform a 51% attack, only thing that matters is how many hashes you can perform per second.
1 comments

I think they’re asking: why destroy value of an asset that they currently hold/own?
Well, it's a relatively small sum. And if it grows into a large and valuable asset relative to the government's budget, that's a bad sign: it means the government-backed dollar is losing steam relative to crypto.

It's in the government's interest to lop off the head of its biggest existential threat.

Also, Satoshi presumably passed his coins to his heirs. Who controls 6% of all wealth? I wonder.