p0peji
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February 28, 2014, 04:42:10 PM

With MtGox, Bitcoinica and all the other hacks and large scale rip offs like the 'pirateat40' incident which have happened over the years I suspect about 10% of the Bitcoin currency is stolen property.

Trading in stolen property is illegal. This is good enough to outlaw exchanges in my opinion and I suspect governments around the world will use this against Bitcoin.

It will be forever tainted by this huge amount of stolen coins.

When people finally trace some of their missing coins to a US corporation I can't wait to see the lawsuits start rolling in by people wanting their coins back, especially those who lost thousands of coins.

The best thing is, we're just getting started - this will happen again and again.

How do you think the Rothschilds got their money?