True.. but then the counterpoint is you can't eat money.. I mean, I understand why he gave it away, but I also don't expect it turn into anything anytime soon. May be even siphoned off by some officers.4.
He gave away a lot and burned the rest, thus theoretically creating scarcity which should play in favor of the price. Then again, SHIB is a hyped shitcoin, it was never going to be worth much in the long run and it’s remarkable that it even reached the price it has right now.
Creating such a token can be done within an hour.
If the COVID relief fund gets stolen by officers, then that is unfortunate to say the least but once again, all things considered, Buterin did the best thing he could.