At 04:41 AM 12/2/2002 +0000, Colonel Bosco wrote:
No-one said anything about Security.Those who do could not even hope to hold a candle to similar activities by those in government. Those who chose to operate without asking questions about the identity of their clients, the source and intended use of funds are just practicing good 'ol fashion private banking.
If you wish to use YOUR Company to be a front for illegal activity then feel free to do so.
It seems the Companies who operate in a less than professional manner are the ones who are dragging down (as your quote references below) reputations in the DGC community, not me!\In my opinion the term professional in banking and other regulated industries has been revised in an Orwellian manner.
If the DGC community DOES NOT Police itself (and do so quickly) then you WILL see Governmental Regulation and Enforcement.I will treat any who attempt to regulate my financial activities the same as those who would try to cut off my supply of oxygen.
Either clean the DGC system up from the inside out and gain mainstream acceptance, or do nothing and watch the system destroyed.I worked for many years at a leading NY bank. I suspect that if enough people come to realize how the world's mainstream financial system serves well only those with large sums or government connections they will choose an analogous solution to the millions of patrons who, tired of being fleeced at CD and DVD retailers, are nightly swapping content on peer-to-peer systems. If so, then we may just see a return to true private banking.
steve
---
You are currently subscribed to e-gold-list as: archive@jab.org
To unsubscribe send a blank email to [EMAIL PROTECTED]
Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
