Quote from: bryant.coleman on April 12, 2014, 05:29:32 AM

Quote from: TheButterZone on April 12, 2014, 04:25:10 AM

Actually it's probably worse with fiat, if you take Federal Reserve, taxation, inflation from printing more money, and other malfeasance into account.

Remember. Bitcoin has been in active circulation for less than 3 years now. And almost all of the scams have occurred during the last 2 years. Can any currency survive, when 30% of its market cap has been scammed in just 2 years?

Counterfeiting is easiest at the outset of a fiat currency. How many of those have survived?