Viking Coder wrote:
> 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.
Very cogent analysis. So, in view of this, what can be done to
differentiate
the crooks from the honest people? The difficulty arises because both
are
using the system in the same ways for superficially similar purposes.
The
crooks hide in this ambiguity. But fundamentally there is a *great*
difference. If this difference could be exposed somehow without
violating
the honest people it would be a great advance. Some out of the box
thinking
is needed here; something entirely new.
Best,
CCS
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