74 karma · joined December 31, 2013
Pretty serious throwaway comment without stating what "heinous crimes" were apparently committed..
This is an absurd statement, the market is not a god. It does not have a value system.
https://bitinfocharts.com/top-100-richest-bitcoin-addresses....
This was a bizarre section, and I wanted to make some points about it:
1) The distribution of bitcoins among individuals is not known, any claim to the contrary is false. If you want to make estimates, include the massive uncertainties.
2) Assets do not have Gini coefficients, groups of people do. The distributions of helicopters or Google stock are also very unequal. If you care about wealth inequality among crypto hodlers you should measure that. Conflating the distribution of an asset with the distribution of wealth seems meant to confuse.
3) When bitcoins had 0 value they were much more unequally distributed than now. People starting to value them is the mechanism by which they get distributed. The process is gradual. The more people value them, the more value they accrue.
Would customs be allowed to ask for the decryption key? Or should the customs just ignore whatever is encrypted inside?