Post
Topic
Board Bitcoin Discussion
Re: Too much scamming in Bitcoin
by
franky1
on 12/04/2014, 09:46:07 UTC
The amount of total scammed Bitcoins might be more than 3 million (around 30% of all the Bitcoins), if we add the wallet hacks as well. This much scamming never happens in any other currency. One of the biggest disadvantages of Bitcoin.

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

hypothetically
imagine america owned ALL GOLD and bank notes were pegged to gold. (the 171k tonnes of it). then the market cap would be $7trillion.

but look at the DEBT of just america: $17.5trillion..

so that makes 2.5 multiples more banking theft by just american banks then all the value of the gold in the world

WOW! That only make the market cap of gold at $7T.

yep.

simply put american banks have stolen $17.5trillion.. the world's gold is only worth $7trillion.
USBanks have stolen more wealth then bitcoin ever could.