How can Bitcoin be stolen? If each bitcoin has a ledger (Peer to Peer) and contains all the transaction history since it was mined, then how come it can be stolen? 
For example, Bitcoins were stolen by hackers from Mt. Gox. If the Bitcoins each have a ledger it would show its owner and the Mt. Gox account. So it would be traceable and hard to trade if stolen. 
Maybe I am not fully clear, would appreciate clarification - thanks!
I believe the large threat of theft of Bitcoin or digital assets is through hacking into your account located on an exchange or possibly your wallet.  I do not believe you find theft at this point in time elsewhere.  In the future we may see qubits or quantum computing being able to conquer the blockchains security.  But as of now I believe it is through people hacking your accounts.