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by entropyneur
65 days ago
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Satoshi is a paper billionaire - he can't use a small fraction of his "wealth" to hire proper security. Simultaneously his "assets" are much more attractive to criminals. Imagine holding a regular billionaire hostage and demanding they give you a billion dollars. They'd probably have to sell 1B worth of stock, then convert it to cash (or crypto), etc. all of that requiring multiple interactions with different people and institutions. |
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They also can't easily sell that amount quickly without repercussions (and without another institution like an exchange).
You're right, but only to a limited degree.