--- "Ken Griffith" <[EMAIL PROTECTED]> wrote:
>It looks like the HYIP's have a real potential to hurt the acceptance of
>digital gold currencies.  Everytime one of these scams gets busted that uses
>a dgc it gives the whole industry a black eye.
>

Technically that would be what you would expect, but as far as I can see, the ponzi, 
HYIP activity has only helped the acceptence of DGCs.  There is a strong corolation 
between a new scheme starting up and a surge of e-gold accounts being created.

>By the way, is there technical difference between a Ponzi scheme, a pyramid
>scheme and an HYIP?  I understand pyramids to work where, you give me a
>dollar and I'll help you convince ten people to give you a dollar.  The
>system doesn't implode on itself.
>

Pyramids are not all bad.  Even e-gold is a small one.  Say you buy a book from me for 
$40, and I say that I'll give you $5 for every person you refer to me.  Thats a 
pyramid, even though it may be legitamite, MLM usually gets a bad name.

A lot of people that are involved with these things actually want to be part of it.  
They understand the risks, and play accordingly.  If you're going to shut down all of 
these, you might as well shut down all casinos that accept DGCs.  After all, doesn't 
the house always win.

And at the end of the day, is there a such thing as bad publicity?
   Khurram Khan


2 cents worth?
http://two-cents-worth.com/?135153

_____________________________________________________________
Get email for your site ---> http://www.everyone.net

---
You are currently subscribed to e-gold-list as: archive@jab.org
To unsubscribe send a blank email to [EMAIL PROTECTED]

http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!

Reply via email to