MyCoin closes its doors, $387 million in investor funds vanishes

originally posted by: Crakeur

originally posted by: samkent

Bernie Madoff sent out written proof 4 times a year.
What more could you want ???

it's a bit different in that Bernie played on people's inherent greed. Investing in bitcoins is a notch more legitimate than investing in World of Warcraft money.

And fiat currency like religion.... Only has value because of faith..

Why yes I have silver.. and why yes I still use my mattress to store money.. and why no I do not have a bank acct, and why no I do not have crazy ass outrageous debt over my shoulders.. and why yes.. I am literally debt free..

Remember faith can make or break a religio... I mean currency..

So in essence all money not backed by something is a scam, just saying..

And i only have silver cause its double used as a purifier for water..

And as a judge once said to a bank..
"Only God can create something out of nothing..."