Bitcoin scam, it happens to the best of us\u2014even legends like Steve Wozniak. The American inventor and Apple co-founder recounted at the recently held Economic Times of India\u2019s Global Business Summit how he had been defrauded out of a sizable amount of legacy Bitcoin (BTC). If you recall, Wozniak revealed last year that he bought BTC\u2014most of which he liquidated several months later. And that\u2019s when, apparently, the man had lost some of his coins. \u201cI had seven bitcoins stolen from me through fraud,\u201d Wozniak said, according to the news outlet. \u201cSomebody bought them from me online through a credit card and they cancelled the credit card payment. It was that easy. And it was from a stolen credit card number so you can never get it back.\u201d Wozniak said he bought the cryptocurrencies when they were still going for $700 each, which means that in today\u2019s trading price of $10,777, the stolen digital coins were already worth roughly $75,441. At the time, Wozniak bought the cryptocurrencies as part of an experiment to see if BTC could take the place of fiat currencies, but decided to sell them later on because he \u201cdidn\u2019t want to watch the price everyday.\u201d \u201cI had them so that I could someday travel and not use credit cards, wallets or cash. I could do it all on Bitcoin. I studied which hotels and facilities accepted Bitcoin\u2026 it\u2019s still very difficult to do so. I also tried to buy things online and trade Bitcoin online,\u201d he said. Despite the incident, Wozniak remains to be a proponent of cryptocurrencies. Wozniak previously described cryptocurrencies as better than gold, and unlike the \u201ckind of phony\u201d U.S. dollar, \u201cthere is a certain finite amount of bitcoin that can ever exist.\u201d \u201cBitcoins to me was a currency that was not manipulated by the governments. It is mathematical, it is pure, it can\u2019t be altered,\u201d he said.