[nolok]

> Do you know how many crimes happen per day involving dollars? It's many orders of magnitude more than bitcoin related crimes. Just sayin'

This is true, yet means absolutely nothing. You're using absolutes when you should be using relatives.

If in a pool A of a hundred transactions one is a fraud, and in a pool B of ten thousands transactions a hundred are frauds, both pool present the same risk of a transaction being a fraud despite one having orders of magnitude more frauds than the other.

[vijayboyapati]

Using relatives is fine; my only point is that bitcoin is new and interesting and newsworthy and the negatives tend to get focused on. I honestly do not think that crime is more rampant in the bitcoin economy than the dollar economy. And this is just considering financial theft, and not institutionalized crime - e.g., innumerable instances of malfeasance committed by large banks or the wholesale robbery of the population through inflation of the dollar. Considered in total, I think bitcoin represents a far more honest and less crime-prone monetary system.