If this was more common knowledge I feel like they'd be more wary of storing value in Bitcoin lol
imagine the hackers just lost the private keys lol
I guess you couldn't really safely exchange 25k bitcoins OTC feasibly over a period of time. I would straight up try to sell them at a discount to China or something
Maybe they split up for a decade and plan to reconvene. There's so many possibilities there lol
ben cowen's channel got hacked 
And the blacklisting wallets or ones that exchange with them doesn't really solve theft either. It can make their holdings possibly worthless but the stealing has already occurred with no chance of reversal. Definitely not a solution
yeah to some extent the coins are just burned
i think some metrics actually have coins associated with theft wallets as removed from the total supply
It'd be nice if exchanges did that to reflect reduced supply and provide a more realistic mcap/price but 
I never really considered how much of a problem that decentralization has here. Guess there is some merit to centralization like exchanges working with banks to protect customers and being able to provide a truly accurate cost of an asset
granted spot held in an etf is probably more safe for consumers
crypto derivatives may just be straight up more safe than crypto
if you consider when usd was backed by gold as usd being a derivative of gold, then whats to say that we couldnt have a new currency being transacted that is backed by bitcoin
history repeats itself but this time on the blockchain
Programmatically tied to bitcoin that is not alterable by any body
Technically that is Bitcoin isn't it? Or maybe you mean an existing currency that changes it's backing. Otherwise, a new currency that isn't backed by a nation/government is just another decentralized currency lol
Ah okay you were already answering it lol. It's ironic though, isn't that just Bitcoin? It sounds like you're describing something like a decentralized cryptofund at the end of the day. That fund would still need to hold Bitcoin so it'd have to do some magic to stay decentralized, not to mention that the asset is still volatile and part of the appeal of these other currencies is that theyre atleast somewhat consistent in value yoy
ideally that currency would have its own set of safety features and would be more usable than bitcoin is itself
for the record i think bitcoin is a meme currency and is dumb
Yeah technically no different from other meme currencies or even worse due to tx speed. Just first mover advantage at it's most prominent. There's certainly value in institutions storing assets in it over like any centralized currency I think lol