why would anyone buy coins ?
only 50 block reward
and 480 Million! premine
do you think anyone will watch the blockchain and find the fraud ?
even if they do. you can never know if the coins went to Israeli citizen/business or dumped in the exchange for BTC or LTC ...
i don't think there are 2 million Israelis who knows how to manage a QT wallet..
Shai -
First off, all the premine coins are there for everyone to see on the block explorer.
They currently reside in blocks 1-6000.
Once we consolidate them into their final wallets, commensurate with the plan phases, it will be much easier to see where every penny is.
Secondly, the Israeli public will also be given mobile wallets (both for Android and iOS. we already have the android wallet and the iOS will be done in some fashion where apple cannot control it - i.e, a web wallet).
These wallets will be made available by the time distribution to the public begins. The general public will not need to ever see a qt-wallet.
You need to be very, very careful about your choice of words. Fraud is a very serious accusation to be thrown around like that. Internet trolls are not immune to liable anymore.