I have been telling my colleagues for years: a bunch of very desperate and very amoral people are getting all your work in plaintext, don’t say I didn’t warn you.

The existence of a currency that everyone can transact in is fundamentally a public good. It must be maintained with the public good in mind, rather than the good of whoever happens to have lots of it or whoever has the ability to personally influence it.

Because their proximity in space and time to where it originated let them preferentially be at the top of the pyramid scheme.