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

Quote from: bryant.coleman on April 12, 2014, 04:13:15 AM

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

Quote from: Phinnaeus Gage on April 12, 2014, 12:13:28 AM

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.