Well, supposedly when he bought or mined those bitcoins they were still worth nearly nothing and looked like an interesting mathematical pipedream.
I know, I’ve been in the same place sortof (not 500 million) back when bitcoins were ~70 eurocent a piece I have had ~25 of them. Mined them myself when they were even less and bought some in the hope it would be a feasible alternative to paypal. Because paypal were (are, probably) untrustworthy.
At a certain point in time it looked like my €18 in BTC might soon be worth €0, so I spent them on a month rent for a VPS. No I sortof wished I had held on to them, but that’s all hypothetical. Also I’d be bothered by the energy usage (though, I must admit probably not bothered enough to throw away 25*50000 dollar or whatever btc is worth these days).
