> >e-gold because e-gold is unfortunately turning out to be a crook
> > magnet.
>
> Sad...but true. I must agree with you.
Crooks are using e-gold for the exact same reason that legitimate user do.
The ability to do world-wide commerce without fear of the transaction
being cancelled. Legitimate users don't want to deal with fraudulent or
boucing payments while crooks don't want to deal with their marks suddenly
getting wise and cancelling payment.
Any payment system, not just electronic ones, that allows non-repudiable
payments will be fraught with scams and crooks until it goes mainstream. A
payment system going mainstream doesn't reduce the number of scams &
crooks using it. It actually dramatically increases the number. What
decreases is the ratio of crooks to legitimate users.
By the time GoldMoney & e-bullion are as widely used as e-gold, they will
have their own share of scams and crooks as well as legitimate users.
Viking Coder
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http://www.two-cents-worth.com/?VikingCoder
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