First, the fact that we use USD as the denomination for these hacks is hilarious in itsetf. > they need “$320 million” in crypto which is easy enough to create

First, the fact that we use USD as the denomination for these hacks is hilarious in itsetf. > they need “$320 million” in crypto which is easy enough to create out of thin air Second, this is an illustration of basically what you've just articulated: https://news.ycombinator.com/item?id=27149241 https://news.ycombinator.com/item?id=27149241 Not a perfect analysis but there's about $114B circulating in crypto: https://tomtunguz.com/how-much-money-flowing-into-crypto/ https://tomtunguz.com/how-much-money-flowing-into-crypto/