Imagine what the result would be if you searched on "money" or "make money",
or "dollars"! ... at least with an exhaustive survey of the whole returned
results. In the previous case the 'sample' was really 20 and the population
was 2000. e-Gold is a means of exchange and a store of value that has some
distinct advantages over government or bank issued/created money. Scammers
and other individuals and corporations will use both, and encourage
whichever is the most efficient for them. This does not mean that the tool
itself is bad.

If a money-making scheme seems too good to be true, it is quite likely to be
so. People need to think critically and evaluate the trustworthiness of any
entity they deal with. This is a need that remains from ancient times. These
days, however, we through the Internet have  the capacity to come into
contact with many more people, with less reliable authentication than the
old way of meeting them in person. For this reason it is imperative for a
better development of Internet commerce that people increasingly learn to
use authentication and security and to understand the exactly *who* is
authenticating or verifying the individual or organisation in question.

This is what "certification authorities" are for, but PGP signatures can be
just as good ... if you already trust or know the other person's other
contacts.

Regards,

Ian Green
aoShop.com

-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of CCS
Sent: Tuesday, 19 December 2000 5:19 AM
To: e-gold Discussion
Subject: [e-gold-list] E-gold scam survey


I did a little research.  I did a simple search of the web
for "e-gold".  It returned over 3000 hits.  Looking at the
first 20 hits there were 4 obvious scams (and 4 other ads for
internet gambling sites).  If this extrapolates to the whole
sample then there would be over 600 scams involving e-gold.

It gives one pause.  A substantial part of the growth in e-gold
activity may be driven by scamsters.

CCS

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