I agree. When you build an e-money system you do not monitor people
transactions.

How many crimes are done with "real" money, so, let's sue the central
bank.....

Arik Schenkler - CEO
Internet Dollar is the money of the Internet
----- Original Message -----
From: "gary" <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Sent: Friday, October 13, 2000 3:45 PM
Subject: [e-gold-list] Re: Warning on scam using e-gold


> Well, I guess we will have to disagree then.  Like I said, if all these
> "programs" went away, e-gold would lose at least 75% of their business
> and that would be a high price to pay for the bad PR created by a few
> complainers who are so stupid that they think a program that doubles
> your money in 1 to 7 days is some kind of legitimate investment, even
> when most of them now state plainly that you could lose your money and
> there is no refund.
>
> Whether or not I am involved is irrelevant, the question is whether or
> not a payment service should become a policeman.  If a payment service
> starts "policing" the account holders, where do you draw the line and by
> whose word is something a "scam" or just undesirable?  If you wish to
> become the world's policeman and save all the people from themselves,
> you are welcome to that role.  I, for one, do not want to become like
> our socialist leaning government who is, "just here to help you".
>
> I have been scammed in the past out of much more than you can put in any
> of these "programs" and the payment service on those were regular banks
> and it didn't seem to hurt the bank's reputation any.
>
> If e-gold wants to protect their reputation, they need to remove
> Kissmygold from the "official" market makers list on their web site.
> Any market maker who holds on to people's money for weeks without
> funding their account is, if not a scam, unreliable and should be
> removed.
>
>
> ----- Original Message -----
> From: <[EMAIL PROTECTED]>
> To: "e-gold Discussion" <[EMAIL PROTECTED]>
> Sent: Friday, October 13, 2000 3:59 AM
> Subject: [e-gold-list] Re: Warning on scam using e-gold
>
>
> > gary,  we'll have disagree here.  This usage of e-gold can only add
> bad PR to
> > the e-gold name.  e-gold should take action to prevent the use of
> their system
> > by these scams, and this is a scam no matter what your definition of
> ethics
> > happens to be.  I hope your defensive statements are not based on your
> personal
> > involvement in something like this.
> >
> > gary wrote:
> >
> > > Whether or not this is a "scam" depends on your definition of
> "scam".
> > > It is a pyramid and that is actually pretty well explained on the
> web
> > > site, anyone entering these programs who doesn't know how they work
> > > needs to stay off their computers.  It is just a form of gambling,
> for
> > > you to win, someone else must lose and that's how gambling works.
> > >
> > > I don't see why e-gold needs to be "protected" from these programs,
> > > e-gold is just a payment service and should stay out of account
> holder's
> > > business.  There is more than enough of that BS going on with banks
> > > these days.  Besides, if e-gold got "protected" from all of these
> sorts
> > > of programs, they would lose at least 75% of their business, if not
> > > more.
> > >
> > > ----- Original Message -----
> > > From: <[EMAIL PROTECTED]>
> > > To: "e-gold Discussion" <[EMAIL PROTECTED]>
> > > Sent: Friday, October 13, 2000 2:36 AM
> > > Subject: [e-gold-list] Warning on scam using e-gold
> > >
> > > > It appears that someone is once again using e-gold for a 'gifting'
> > > > club scam.  This is disquised as a loan program, but without any
> hope
> > > > of refund.  This surfaced at the Scam Free Club website and I am
> > > > reporting it here in hopes that someone at e-gold might take
> action.
> > > > This is the URL:
> > > >
> > > > http://www.FastEgold.bizland.com/
> > > >
> > > >   We have to stop things like this to protect the name of e-gold!
> > > >
> > > > David Brooks
> > > > TWP Marketing
> > > > [EMAIL PROTECTED]
> > >
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