If you have money tied up in e-bullion you could be in for a rough ride in getting your funds back when cashing in. All these gold-scams like DXinone and the like eventually close their site, rename themselves, and set up shop again under a new name after a few months, gaining a whole new customer base.
Mark […]
So everyone is preparing themselves for the pinch of a recession in the U. S. call it what you will, mini recession, downturn, tempory lack of confidence, depression: the result is the same, for those paid in dollars in the US, those who travel and those who work online. Less money, when they convert it into […]
“Under capitalism man exploits man. Under socialism it’s just the opposite.” Anon.
“In God we trust” not ” gold” - who said that?
The Bretton Woods system collapsed in the early 1970s because of inflation. There were too many dollars and not enough gold, so President Nikon ended gold’s convertability, and everyone knows what’s written on the dollar bill […]
This morning the FBI and US Secret Service swarmed the office of the Liberty Dollar in Evansville, Indiana seizing almost two tons of Ron Paul Dollars plus gold, silver and platinum.
Need more money? Don’t we all! Mint.com can give you options in your daily life that will save money and earn more. Higher interest accounts, lower priced phone service and more.
Discussion about digital cash from, Jon Matonis, an expert, including his papers written 12 years ago. He states, “The section on key elements of a private digital cash system compares and contrasts true digital cash with paper cash as we know it today.”
Benn Steil, an economist for the Council on Foreign Relations wrote an essay in January in the Financial Times and turned some heads by musing favorably about the practicality of a digital gold currency . Here is a great interview about global money and he mentions digital gold currency.
Part two of building our Ultimate Alternative Payment System. What is needed to begin?
What do the next few years hold for e-gold Ltd. and all of the assorted HYIP scams?
Online Ponzi schemes known as HYIPs and AutoSurf programs blanket the Internet. Illegal in most countries but rarely prosecuted. The DGC industry earns a good part of daily income from the operation of these schemes. Google and Yahoo allow their paid advertisements, e-gold allows their operation so what’s all the fuss? Only the victims are complaining….
Digital Currency, e-Currency and Digital Money
Written by Benson Koh [email], and Donna Jackson [email] for b5media.
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