--- "GoldDirectory.com" <[EMAIL PROTECTED]>
>Seriously... What flaws does e-gold have?
1. Someone can very easily write a script that continuosly tries to access an account
with a bad passphrase and therefore locking any account perpetually.
2. There is no way to show a third party that you've actually sent gold into another
account. Maybe a public batchnumber system can work here.
3. Negative Balances!
4. No third party counting the gold in the storage facility.
5. Absolutely no fraud prevention or resolution. PayPal may be horibble but they
still have some kind of "Insurance" for its users. It may not be much.. but its
something.
6. e-gold doesn't exist. Try calling somebody who works for e-gold. It won't
happen. You'll have to call somebody that says they work for e-gold but at the end of
the day, they are being paid by G&SR.
7. Sole Bailee of metal into the storage facility.
8. Server located in beautiful Melbourne, Florida.
9. Conflict of interest for users because the people that control e-gold also control
its sole Bailee.
10. No Marketing! Relying on users to bring in merchants instead of getting merchants
that bring in users.
11. Bad website design.
12. Ploy to collect a large amount of precious metals incase Y2K didn't go too well..
- just kidding on that one. There are several pieces of evidence that point to that..
but I might discuss that at a later time.
13. Bad service.
14. Majority of user-base is involved in "questionable" activities.
15. Infringement of patents... from what I've heard.
Just to name a few.. Have a nice day.
Khurram Khan
==
2 cents worth?
http://two-cents-worth.com/?135153
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