> It’s market cap today is $1.4T. That’s a gigantic reward for any state actor or entity with the resources and budget to break it.

The market cap of a cryptocurrency — or any commodity, really — is not its market value. If you have all bitcoins in existence and try to sell them you will crash the price to zero. The slope of that price graph — from the current market price to zero — determines how much you make in total. Most cryptocurrency exchanges have public order books, so you can see how much (and at what price per coin) you can actually sell into the market before you eat up all the bids. Last time I checked it was closer to $10bn than $1trn.