[e-gold-list] Aussie bank fees
Australia reportedly has the second highest bank fees in the world, with customers paying an average of $360 a year in bank fees. The Cruikshank Report, carried out for the British Parliament, found that British consumers pay just $30 a year, and US bank customers pay $150 a year, while fees in countries like France and Germany are also far below Australia, The Sunday Telegraph reported. The British report also said Australia has the world's highest charges for using the Automatic Teller Machines (ATMs). The Telegraph said Australia's record bank fees and charges were accompanied by record profits. Fair Trading Minister John Watkins told the paper the high Australian charges showed banks were treating customers like milk cows. Describing the situation as bank robbery, the minister said the findings warranted a commission of inquiry into banking competition. Meanwhile, the paper quoted federal Financial Services Minister Joe Hockey as saying customers can significantly reduce fees and charges by better using services. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] EFCE
Subject: EFCE - everything you ever wanted to know about Financial Cryptography Date: Sun, 17 Jun 2001 11:28:55 -0400 From: Ian Grigg [EMAIL PROTECTED] To: Digital Bearer Settlement List [EMAIL PROTECTED] EFCE 01 is almost upon us. It goes without saying that the answers to all these business questions that are floating around the net -- for the umpteenth time -- are at EFCE. Because we insist on running code demos, we cut to the core of the question. upbeat Got a problem understanding why ecash isn't in widespread use today? You'll see why at EFCE! Is one technology better than another? See them in action. Can't differentiate between opposing views? Make up your mind from RUNNING CODE, not by reading how one journalist argues with another about the relevance of one over-hyped view against another. Don't be mislead by those wordy experts; they have no running code, but you will, at EFCE. Want to know how to enter the business? There are several systems on display at EFCE, of course. One third of all presentations made or advanced deals last year, making EFCE the most concentrated event in the field. What's it used for? Applications, actual, real, running, user applications will be presented. Only at EFCE. /hype Of course, EFCE's not really about hype. We are on a mission to cut through the mystery. Join us and vote on whether we're successful. http://www.efce.net/ this coming friday saturday. -- iang -- http://www.bearerinstruments.com A Directory of Web sites and Internet presences accepting non-fiat monies. http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt 650C 51DA 734F 697F 5706 3D6A 7712 BCC9 D1AE 00BA --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Aussie bank fees, GST, other taxes, sharks, snakes and crocodiles.
-Original Message- From: David Hillary [mailto:[EMAIL PROTECTED]] Sent: Saturday, 16 June 2001 6:38 PM To: e-gold Discussion Subject: [e-gold-list] Aussie bank fees Australia reportedly has the second highest bank fees in the world, with customers paying an average of $360 a year in bank fees. The Cruikshank Report, carried out for the British Parliament, found that British consumers pay just $30 a year, and US bank customers pay $150 a year, while fees in countries like France and Germany are also far below Australia, The Sunday Telegraph reported. The British report also said Australia has the world's highest charges for using the Automatic Teller Machines (ATMs). The Telegraph said Australia's record bank fees and charges were accompanied by record profits. Fair Trading Minister John Watkins told the paper the high Australian charges showed banks were treating customers like milk cows. Describing the situation as bank robbery, the minister said the findings warranted a commission of inquiry into banking competition. Meanwhile, the paper quoted federal Financial Services Minister Joe Hockey as saying customers can significantly reduce fees and charges by better using services. SNIP If this is per account, then you need to shop around! I have several accounts and I would not pay any more bank fees than the stated British consumer. Surely this 'report' is prepared simply to make the British government look good? I have never paid a cent in ATM fees. Apparently every other countries' banks *pay* customers to use their ATMs if they are all cheaper than Australian ATM fees? ;) It is always easy for politically sponsored studies to create an alarming figure based on the choices of fools. In my experience almost everything is cheaper in monetary terms in Australia than the United States (and even more so compared to the UK), including bank fees, and especially credit card fees and interest rates. Some of those American low interest credit card offers I see in spam have the most usurious contract terms beyond belief for those used to Australian financial institutions. 'Caveat emptor' remains valid despite, through a plethora of government consumer legislation, the rise of 'caveat vendor'. Also, someone (else) suggested sausages attracted (10%) GST in Australia. Go to a supermarket. Every item with GST will be indicated on the receipt. Hardly anything on my shopping list will have GST, unless one lives on corn chips, chocolates, and fully prepared foods from the deli. One may even buy large bottles of Coke without GST, though the price of small bottles from a vending machine includes GST. One thing that is good about the GST compared to sales tax (in USA) is that prices (in shops) are all displayed *including* the GST, so there are no nasty surprises at the checkout. Furthermore, the effect of removal of the former 22 to 33 percent sales tax meant that for most things, even if they incurred the 10 percent GST, the prices went down, when the tax changes came into effect. Furthermore still, supermarket and other prices (except for hi-tech imported goods such as cars, hi-fi and computer equipment) in Australia with or without GST are usually cheaper than American prices and *much* cheaper than UK with their 15 percent VAT. I bought petrol (gasolene) on Friday at 80.5 cents (about 41 US cents) per litre including GST and about 50 percent other taxes. How does that compare with UK? The main inflationary effect on Australian prices since the middle of last year has been exchange rates. Someone else also suggested that citizens of certain countries (including Australia) may overplay the problems in order to discourage (legal and illegal) immigration. Maybe they saw the scare campaign the Minister for (or against?) Immigration was taking around south Asia warning people of the dangers of the sharks, deadly snakes and crocodiles they would have to contend with if they tried to illegally reach Australia? ;) Anyway, I do not think this was the motivation. Rather, there are many people with a natural tendency to complain rather than simply to take their business elsewhere. Don't like bank fees? Go to a cheaper bank or to a credit-cooperative (that typically provide most banking services, but do not charge monthly fees, nor most transaction fees). The biggest hand in the pockets of bank account holders is actually the government, with their Bank And Deposits (BAD) Tax (only charged on accounts with a cheque facility), and the much smaller Financial Institutions Duty (FID) which is being phased out due to the GST legislation. Ian Green http://two-cents-worth.com/?107242 --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] RE: New Kid On The Block
-Original Message- From: Michael Moore [mailto:[EMAIL PROTECTED]] Sent: Sunday, 17 June 2001 1:28 PM To: e-gold Discussion Subject: [e-gold-list] New Kid On The Block And who determines the validity of the eCTA (eCurrency Trade Association)what recourse is the against eCTA if they fail in their duty. Sir, The eCTA has been given the support of goldmoney, osgold and Standard Reserve at the time of writing and there are 13 Market makers, Exchange Providers and Cambios currently undergoing the strict verification process required to be a member in good standing. In addition as per the terms conditions of membership in the eCTA, any member found to be breaching the code of conduct or Charter of the eCTA will suffer disciplinary measures up to and including loss of membership depending on the severity of the case. Loss of membership also means loss of Accreditation. SNIP *Having* the support of OSgold casts serious aspersions on the credibility of the eCTA. *Not having* the support of e-Gold reinforces any negative impression this gives. I won't even attempt to rehash the former discussions this group has had on OSgold. Any interested person can simply search the archive for messages relating to OSgold. Ian Green http://two-cents-worth.com/?107242 --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
The eCTA has been given the support of goldmoney, osgold and Standard Reserve So the eCTA has the support of a new-comer psuedo-GBC (150% backed, of which only 50% is gold) that offers guaranteed HYIPs, but not the support of a true GBC that has been active for 5 years. How is this supposed to bolster it's credibility? Viking Coder Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] eCurrency Trade Association Inc.
In light if recent comments and so that people have a clear idea of what the eCTA represents here is the Mission Statement Purposes and Charter of the eCTA. This will be displayed on the eCTA Web Site when it is completed. ~ Mission Statement ~ To provide and maintain a professional standard of ethics guidelines for the eCurrency and gold economy within which each member can operate securely and their rights may be protected in order to service their clients and customers and the gold economy ~ eCurrency Trade Association Inc. Creed ~ All members of the Association are expected to follow the Creed of the Association 1. I promise to operate in an honest and ethical manner. 2. I promise I will do all I can to service my customers as quickly and efficiently as possible 3. I will represent the Association in a professional and ethical manner. 4. I will report all incidents or occurrences of fraud I encounter to the authorities and the Association. 5. I will never disparage the Association or it's members or clients in any way. 6. I promise to support my fellow members in adversity to the best of my ability 7. I promise to maintain my allegiance to the Association and it's members. 8. I promise to maintain my accreditation within the Association by upholding the professional standards expected of me as contained within this Creed and the legal requirements as laid down in the Charter and bylaws of the Company and by being financial at all times. 9. I will not use the Association as a platform for any other philosophical or political agenda. 10. I will strive to present myself as a shining example of the Gold Economy to other members, our clients customers, other businesses and the world in general. eCurrency Trade Association Inc. ~ Charter ~ Purpose Objectives The purpose and objectives of the eCurrency Trade Association Inc. (hereinafter called the Association) are to unite the member group so that it may: Promote and maintain the highest professional standards of business practice among its members. Maintain standards for entry to the Assoc. Promote the interests of the member of the group. Develop and improve processes for the safe and secure business development of its members Encourage cordial relations between the members and affiliated and non-affiliated businesses and other professional bodies and associations around the world. Keep abreast of international developments in the e-currency economy affecting, principally the gold economy, but also encompassing all other e-commerce Membership Members are those persons bodies admitted to membership of the Association and who have been accredited by due process of accreditation and are in conformity with the Charter and Bylaws of the Association. Classes of membership are: Individuals, Firms, Partnerships, Corporations, Other. Honorary All applications must meet the following requirements to be admitted as a member in good standing and fully accredited. 1.1 The applicant has submitted substantiation to show that he/she/or it in the case of a business, is running a bona fide business known in the industry as a Market Maker or Exchange provider or Cambio and/or other such description as the Association deems fit. 1.2 applicant has been attested to be a person of reputable character. 1.3 The applicant upon admission agrees to and is able to comply with the requirements of the Rights of Members, the Creed and the Charter of the Association. 1.4 Honorary members shall not receive a certificate of admission, nor shall they use the designation of the Association to show accreditation but their membership shall be honorary only. 1.5 All successful and accredited applicants, with the exception of honorary, shall receive a certificate stating their accredited membership in the Association and shall be entitled to display such certificate for public perusal. Conditions of entry as a member of the Association. 2.1 Must supply full name, address, and contact points, Name type and registration of business and place of business with contact points. 2.2 Notarized statement that the applicant is in business in conformity with point 1.1 above. 2.3 Has not been declared or discharged bankrupt during the past 3 calendar years. 2.4 Acknowledge that this membership is a membership only and not a contractual agreement of business and the Association is not responsible for the business ethics or standing of the member and is not responsible for the taxes or business expenses of the member. 2.5 Member must acknowledge that they are solely liable for any risk, including but not limited to any financial risk in the running of their business and the Association plays no part in the running of the member's business. The member is solely responsible for observing the laws, local as well as national and international, and any regulations, legislation as laid down and requirements for the servicing of their customer and clients. 2.6 The member must have a web
[e-gold-list] RE: eCurrency Trade Association Inc.
1. I promise to operate in an honest and ethical manner. Such as refusing to promote guaranteed high-yield investment programs? 6. I promise to support my fellow members in adversity to the best of my ability That's mighty nebulous! 7. I promise to maintain my allegiance to the Association and it's members. What is it, a cult? --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: eCurrency Trade Association Inc.
At 05:25 PM 6/17/2001, Michael Moore wrote: In light if recent comments and so that people have a clear idea of what the eCTA represents here is the Mission Statement Purposes and Charter of the eCTA. This will be displayed on the eCTA Web Site when it is completed. Just to clarify, Standard Reserve has always had a standards of conduct requirement from it's agents, as published in our Agent's Agreement. It gives us the right to reprimand an agent for misconduct (which we have done) and to terminate an agent for not adhering to our high standards. And, yes, we did terminate an agent even though the potential revenue from that agent was quite high. Our customers come first. Unfortunately, an association like eCTA doesn't carry much weight unless it is licensed, like the Bar Association, or the AICPA or other such organizations. Decades ago the Data Processing Management Association (DPMA) tried to certify it's members (CDP) to give credibility. It died, since DPMA wasn't recognized as a licensed group. Rather it was a quasi-educational and social club. George __ George Matyjewicz, President/General Manager Standard Transactions (BVI) Limited World Wide Currency for the World http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: eCurrency Trade Association Inc.
George Matyjewicz wrote: Unfortunately, an association like eCTA doesn't carry much weight unless it is licensed, like the Bar Association, George, We in the US do not have a choice but to deal with licensed lawyers. What? There's a bunch of unlicensed lawyers sitting around out there waiting for business to come their way? We don't have any choice in the matter because of the government. That's why the ABA has weight. It's legally taken choice away from us here in the US. Licenses are just an anti-competition thing. They certainly don't mean you're good at what you do as lawyers, doctors and pipefitters have demonstrated over and over again. Why should anybody pay a government for permission to work? That doesn't make any sense, George. It's rediculous concept. If money changers should be licensed, why shouldn't private money producing companies be required to be license by the government? Why wouldn't you be advocating that next? George __ George Matyjewicz, President/General Manager Standard Transactions (BVI) Limited World Wide Currency for the World http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] -- http://www.bearerinstruments.com A Directory of Web sites and Internet presences accepting non-fiat monies. http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt 650C 51DA 734F 697F 5706 3D6A 7712 BCC9 D1AE 00BA --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: eCurrency Trade Association Inc.
Michael Moore wrote: 5. I will never disparage the Association or it's members or clients in any way. Which translates to I will not slag off OSGold despite them backing HYIPs and being a currency that calls itself `gold' but denominates value in dollars, and other such antics. 9. I will not use the Association as a platform for any other philosophical or political agenda. Why not? --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
The eCTA has been given the support of goldmoney, osgold and Standard Reserve So the eCTA has the support of a new-comer psuedo-GBC (150% backed, of which only 50% is gold) that offers guaranteed HYIPs, but not the support of a true GBC that has been active for 5 years. How is this supposed to bolster it's credibility? Viking Coder I think the bottom line is e-gold won't put up a link to anything that has much to do with OSGold. FWIW, the eCTA crew appear to be decent, well-organized, and not a propaganda arm for hyips!! --- Great ventures create great mottos. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] GG - e-gold
I've probably asked this before; sorry - who out there generally swaps goldgrams to e-gold? And what r Ur rates? talking kilo quantities. Thanks again! JP --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: eCurrency Trade Association Inc.
At 06:42 PM 6/17/2001, Bob wrote: George Matyjewicz wrote: Unfortunately, an association like eCTA doesn't carry much weight unless it is licensed, like the Bar Association, We in the US do not have a choice but to deal with licensed lawyers. What? There's a bunch of unlicensed lawyers sitting around out there waiting for business to come their way? We don't have any choice in the matter because of the government. That's why the ABA has weight. It's legally taken choice away from us here in the US. Yes. They are called Paralegals and are legal in many states. And they are called accountants or tax preparers, rather than CPAs. The difference is if you want to deal with the court you need a lawyer, or with investors you need a CPA. Licenses are just an anti-competition thing. They certainly don't mean you're good at what you do as lawyers, doctors and pipefitters have demonstrated over and over again. How else does one evaluate a professional? Why should anybody pay a government for permission to work? That doesn't make any sense, George. It's rediculous concept. Who is suggesting paying for permission to work? Licensing can be an education issue. CPAs are licensed by the state board of education, not the government. If money changers should be licensed, why shouldn't private money producing companies be required to be license by the government? Who said they should be licensed? I said an association that is not a licensing body is merely a trade association, and has little weight in the business world. Does the Web Consultant's Association mean anything? Would you select a Web consultant because he/she was a member of that association? I personally believe the eCTA is a good thing. However, I don't know if it will make the general public feel any better. Let's give a scenario here: assume an exchange agent decides to offer poor service to a customer, or rips off a customer. Will the eCTA black ball that agent? What if it's not true? Will the eCTA run the risk of being sued for defamation of character? If it doesn't protect the public or settle arbitration, then it is merely a trade association organized for the benefit of it's members. George __ George Matyjewicz, President/General Manager Standard Transactions (BVI) Limited World Wide Currency for the World http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Accreditation vs Licensing
Accrediting boards have traditionally been used in academia instead of licensing, and it seems to work as well as or better than licensing. The accrediting board is not controlled by the government, but builds its own reputation on the strength of the schools that it accredits. Since the eCTA is not merely selling memberships, but offering a strict accreditation process, one would think that it would carry some weight, just like a positive rating from the Better Business Bureau does in the US. Preferably it should receive its funding from a source other than the businesses that it accredits, so as to remove conflict of interest pressures. On the Internet peer review is feasible and practiced in many fields where it wasn't practical before. I've seen quite a few people ask for input from the e-gold list before choosing a market maker. Word of mouth has worked for millenia. The Web brings it back. As was pointed out before, licensing by the government has never proved to be a screen against bad operators. Instead it is used by the established bad operators to keep out the competition. There are plenty of incompetent licensed attourneys, doctors, and plumbers out there... Ken --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] the eCTA
Again, I think while many armchair criticisms can be made of the eCTA (which hasn't even had a chance to start up yet, for goodness sake), at least it's out there and it's a great beginning. Three cheers for the huge time money effort involved. Most stronger associations historically started as just groupings, weaker associations and slowly added external accountability / internal regulations. What we have at the moment: (*) the directory page on the e-gold site , which is low comedy legally and in terms of marketing usefulness. Once the eCTA starts up, we will have the eCTA. Will it be perfect, I'm sure not, will it be a great step forward, probably, will it be improved in the future, also probably. Again, three huge cheers to the eCTA for getting off their ass and doing something constructive and positive. (I am not a member, my comments are independent.) It's worth remember the straight talk aspect here - until e-gold sells banner ads on the spend page, e-gold is a joke. The only current marketing angle for e-gold related enterprise is say, we can get customers from the e-gold mailing list That would be (duh) why there are no e-gold-related business ventures, except a few joke and demo ones. It is .. not .. real .. complicated. The eCTA is among other things a response to this basic (fatal) flaw of e-gold. --- Great ventures create great mottos. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] read all about it
Bob's column celebrates six months on Bananagold http://www.bananagold.com/bob.html with today's issue Keep up with the technical side of the gold and currency markets with Bob. Also, be sure to spend ALL your e-gold at Bananagold. Even if you don't need anything from Amazon (books, DVDs, music, software, computers, PALMs, whatever), RUSH to bananagold.com and spend all your gold there. Just buy things randomly. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: Accreditation vs Licensing
Ken Griffith wrote: As was pointed out before, licensing by the government has never proved to be a screen against bad operators. Instead it is used by the established bad operators to keep out the competition. There are plenty of incompetent licensed attourneys, doctors, and plumbers out there... Plus government licensing is much more prone to corruption and squeaking through at the minimum pass level, since it's binary (you have a license or you don't), coercive, and run by someone who won't go out of business if their word is seen as worthless. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: the eCTA
It's worth remember the straight talk aspect here - until e-gold sells banner ads on the spend page, e-gold is a joke. ... Even if E-Gold were to sell ads on the Spend Page, how many could you put there? A dozen, maybe? How is this beneficial to a currency which grows to supporting thousands of businesses? --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: eCurrency Trade Association Inc.
George Matyjewicz wrote: Unfortunately, an association like eCTA doesn't carry much weight unless it is licensed, like the Bar Association, We in the US do not have a choice but to deal with licensed lawyers. What? There's a bunch of unlicensed lawyers sitting around out there waiting for business to come their way? We don't have any choice in the matter because of the government. That's why the ABA has weight. It's legally taken choice away from us here in the US. Yes. They are called Paralegals and are legal in many states. And they are called accountants or tax preparers, rather than CPAs. The difference is if you want to deal with the court you need a lawyer, or with investors you need a CPA. Licenses are just an anti-competition thing. They certainly don't mean you're good at what you do as lawyers, doctors and pipefitters have demonstrated over and over again. How else does one evaluate a professional? Most evaluate any *licensed* professional the same way you evaluate any *unlicensed* professional. By paste performance via recommendations. How do you evaluate a professional? Why should anybody pay a government for permission to work? That doesn't make any sense, George. It's rediculous concept. Who is suggesting paying for permission to work? Licensing can be an education issue. CPAs are licensed by the state board of education, not the government. You're saying that a state board of education is not the government? If money changers should be licensed, why shouldn't private money producing companies be required to be license by the government? Who said they should be licensed? From your statement, I'm inferring that's what you meant: Unfortunately, an association like eCTA doesn't carry much weight unless it is licensed,. I can be wrong about my inference. If the association needs to be licensed, do you think licensing of the members is not far behind? It's another tax opportunity for a government. That's all, unless the assoc. requested the licensing. Then it's an anti-competition act on the association's part. I said an association that is not a licensing body is merely a trade association, and has little weight in the business world. Does the Web Consultant's Association mean anything? Not to me, and if they were licensed, that would mean even less. What don't governments require a license to do nowadays? Would you select a Web consultant because he/she was a member of that association? I personally believe the eCTA is a good thing. However, I don't know if it will make the general public feel any better. Let's give a scenario here: assume an exchange agent decides to offer poor service to a customer, or rips off a customer. Will the eCTA black ball that agent? What if it's not true? Will the eCTA run the risk of being sued for defamation of character? If it doesn't protect the public or settle arbitration, What's protecting the public and arbitrating got to do with licensing? You're original statement: Unfortunately, an association like eCTA doesn't carry much weight unless it is licensed, then it is merely a trade association organized for the benefit of it's members. George __ George Matyjewicz, President/General Manager Standard Transactions (BVI) Limited World Wide Currency for the World http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: Accreditation vs Licensing
Ken, There are plenty of incompetent licensed attourneys, doctors, and plumbers out there... Ken What do they call the guy who graduates dead last from his medical school?? They still call him Dr. Just something to think about ... Eric - Original Message - From: Ken Griffith [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Sunday, June 17, 2001 9:14 PM Subject: [e-gold-list] Accreditation vs Licensing Accrediting boards have traditionally been used in academia instead of licensing, and it seems to work as well as or better than licensing. The accrediting board is not controlled by the government, but builds its own reputation on the strength of the schools that it accredits. Since the eCTA is not merely selling memberships, but offering a strict accreditation process, one would think that it would carry some weight, just like a positive rating from the Better Business Bureau does in the US. Preferably it should receive its funding from a source other than the businesses that it accredits, so as to remove conflict of interest pressures. On the Internet peer review is feasible and practiced in many fields where it wasn't practical before. I've seen quite a few people ask for input from the e-gold list before choosing a market maker. Word of mouth has worked for millenia. The Web brings it back. As was pointed out before, licensing by the government has never proved to be a screen against bad operators. Instead it is used by the established bad operators to keep out the competition. There are plenty of incompetent licensed attourneys, doctors, and plumbers out there... Ken --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
Viking, Just to reiterate what has already been stated, the goal of the eCTA is to promote the overall growth of the Gold Economy not just the e-Gold Economy. The eCTA does not/will not dictate who may/may not support the effort. (Why would we want to?) If e-Gold (GSR/Omnipay) decide to stay on the sidelines because OSGold is supportive, well, they have that right. Just as OSGold has the right to operate in this world and support any organization they choose. This does not mean that the eCTA promotes their HYIP's any more than it will promote the hundreds (if not thousands) that are run out of e-gold to this day. (Ask any e-gold MM to tell you what their clients are doing with the e-gold they purchase. How many businesses accept it so far after five years, Viking? How far has their credibility taken them with the world's household name Merchants?) I tire day after day of warning clients about the HYIP's that are run in ANY currency, even USD. OSGold (in my opinion, nothing else) provides excellent customer support, reasonable rates, great turn around times, and are a joy to work with. That statement does not mean I back anything they do, just I am pleased with my working relationship with them. Same with Standard Reserve. (I have not dealt with GoldMoney yet) Credibility will come with time and realignment of their backing. If you are unhappy with their backing strategy, cool, don't use their system. Period. Yes? Does that mean that others should not be allowed to use OSGold just because you and e-gold do not care for them? I thought this was a free world where individuals could make informed decisions to do business with whomever they choose? The eCTA will be THE place to obtain that information allowing one and all to make such informed decisions. The eCTA is not out to promote one GBC over another. The eCTA is a place to learn about the Gold Economy, learn about MM's, ESP's, EA's and Cambios, and find useful information for gold transactions. What you will not find on the eCTA site is promotion/degradation of any one particular currency over another. Citizens of the Gold Economy are adults and responsible for their own decisions. IF they choose to use OSGold over e-gold, they have a right to do so. If someone prefers e-gold over Standard Reserve, that is their right. If someone prefers GoldMoney over OSGold, so be it. Our goal is to help bring information and access to the citizens, not dictate their choices. but not the support of a true GBC that has been active for 5 years. How is this supposed to bolster it's credibility? Good point. But remember, five years and 1 day previous to today no one had heard of e-gold nor did it have any credibility. I had never heard of e-gold 15 months ago. I have been a Market Maker for exactly 13 months now. However, you tell me, does Gaithmans have any credibility in the Gold Community? Besides, how many other GBC's DOES e-gold give their support to? They have a relationship with Standard Reserve, but what about GoldMoney? Should everyone forget them because e-gold does not support them? Should we all wear the same sequined ball gown and high heels everyday because Hollywood says its cool? I prefer to make my own decisions based on available information. (Besides, I could fit into the dress but size 12 high heel shoes would be a strange site!!) ;0) Time, young grasshopper, time and Market forces will dictate who earns credibility and who is swallowed by the beast (Market forces) as a meal. Sounds like you are betting heavily on e-gold alone. You have that right. Some of us think there is going to be quite a rocking of the status quo and overall growth and expansion of the GOLD Economy along with the e-gold Economy. That is our right as well. Again, the Market will dictate. We just plan to educate the citizens of the Market. E-gold does not have to approve/disapprove any more than OSGold, Standard Reserve, or GoldMoney. Ironically, lending support would only add to e-gold's own credibility as being the pioneer they have the most information and experience to share with the citizens that are seeking information (and therefore visiting the eCTA website) in the first place. The eCTA is a meeting place, a common ground, a first port of call (good analogy, Mike!) for citizens to find a source for gold currency. I think we are going to make history for being such a port. If you (generally speaking, not you in particular) want to just sit back and watch, that is cool. We will send post cards from the top! Those who are lending support will find increased traffic from click throughs, higher sales from new clients, and better exposure to gold currency holding citizens. Quality dependable GBC sources, educational information, and multiple selections to meet EVERYONE'S needs. Now that is what an Association is all about, yes? Regards, Eric Gaither Secretary (Pro Term) eCTA - Original Message
[e-gold-list] Re: read all about it
[EMAIL PROTECTED] wrote: Also, be sure to spend ALL your e-gold at Bananagold. Even if you don't need anything from Amazon (books, DVDs, music, software, computers, PALMs, whatever), RUSH to bananagold.com and spend all your gold there. Just buy things randomly. Right! And with wild abandon and tempestuest behavior, as long as you spend gold that is. :) Bob --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: eCurrency Trade Association Inc.
George Matyjewicz wrote: if you want to deal with the court you need a lawyer, or with investors you need a CPA. In other words, the government has deprived us of choice and given a monopoly to a guild. Licenses are just an anti-competition thing. They certainly don't mean you're good at what you do as lawyers, doctors and pipefitters have demonstrated over and over again. How else does one evaluate a professional? Are you suggesting that it is sensible to evaluate a professional by possession of a government work permit? Who is suggesting paying for permission to work? Licensing can be an education issue. CPAs are licensed by the state board of education, not the government. What world do you live in? The state board of education is the government. It purpose is to enforce government control and derive people of choice. CCS --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
I think the bottom line is e-gold won't put up a link to anything that has much to do with OSGold. Yeah. I know that is the reason. The more relevant question is - Which user's business do they value more? By choosing OSGold over e-gold they seem to be placing a higher value on people who use the currency so that they can participate in guaranteed HYIPs offered by the currency issuer. FWIW, the eCTA crew appear to be decent, well-organized, and not a propaganda arm for hyips!! Yes, they do. I agree with you. I have personally met several of these people. They are very trustworthy. Which makes their stand on this issue very confusing. Viking Coder Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: the eCTA
Craig, to a currency which grows to supporting thousands of businesses? Is there a listing for all of these somewhere? I still have a hard time convincing businesses to take e-gold for my purchases. Pssibly I am buying from the wrong companies if thousands are accepting it? Thanks! Eric - Original Message - From: SnowDog [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Sunday, June 17, 2001 9:30 PM Subject: [e-gold-list] Re: the eCTA It's worth remember the straight talk aspect here - until e-gold sells banner ads on the spend page, e-gold is a joke. ... Even if E-Gold were to sell ads on the Spend Page, how many could you put there? A dozen, maybe? How is this beneficial to a currency which grows to supporting thousands of businesses? --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: Accreditation vs Licensing
At 08:49 PM 6/17/2001, Eric J. Gaither wrote: What do they call the guy who graduates dead last from his medical school?? They still call him Dr. Just something to think about ... However, to graduate medical school a student still needs a 4.0 average. George __ George Matyjewicz, President/General Manager Standard Transactions (BVI) Limited World Wide Currency for the World http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: Accreditation vs Licensing
- Original Message - From: George Matyjewicz [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Sunday, June 17, 2001 10:12 PM Subject: [e-gold-list] Re: Accreditation vs Licensing At 08:49 PM 6/17/2001, Eric J. Gaither wrote: What do they call the guy who graduates dead last from his medical school?? They still call him Dr. Just something to think about ... However, to graduate medical school a student still needs a 4.0 average. George Were in the world do you live? A 4.0 required to graduate from medical school? A 4.0 is perfect score on everything, all As, 100 on all tests, I'll bet there aren't more than 1% of doctors who graduated with a 4.0. Gary --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.256 / Virus Database: 129 - Release Date: 5/31/01 --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
Viking, By choosing OSGold over e-gold they seem to be placing a higher value on people who use the currency so that they can participate in guaranteed HYIPs offered by the currency issuer. Actually, what is confusing for a large number of people are your comments. The eCTA did not CHOOSE any of the currencies nor EXCLUDE any currency. Invitations were sent out EQUALLY and OPENLY to everyone to join. E-gold did not reply. (Surprised?) OSGold, SR, and GM did. Actually, we place a higher value on the courtesy of replies, ability to communicate, and our chief concern, again, is DISTRIBUTING INFORMATION. The eCTA has no opinion of HYIP's. They are irrelevant to the goals of the eCTA. If it is proven that OSGold is something less than what they claim to be, then they risk losing accreditation just as the MM's, EA's and Cambios do. (As would e-gold IF they decided to join. Equality for everyone!) By the way, if e-gold is SO anti-HYIP, Viking, can you please explain to this list what has accounted for a large share of e-gold's growth and exposure? I can...HYIP's, the art scams, e-Biz, the Persian rugs scams, e-Biz, the Egyptian artifact scams, e-Biz, Matrix programs, e-Biz, gifting programs, e-Biz, and the gold casino (is that not another HYIP?) Place a bet (invest your money) pull the handle (send in your info) and watch for a few cherries (watch for a few cherries=payout!) I find it amusing how suddenly the world (or a very small number of vocals) claim e-gold is anti-HYIP'S. Become a Market Maker and learn the truth. In the mean time, lets let the eCTA get off the cyber-ground before we pick it apart for allowing ALL gbc's the opportunity to belong. E-gold made the choice you talk about, not eCTA. Thanks for allowing me to set the record straight on that point. Eric - Original Message - From: Viking Coder [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Sunday, June 17, 2001 10:04 PM Subject: [e-gold-list] Re: New Kid On The Block I think the bottom line is e-gold won't put up a link to anything that has much to do with OSGold. Yeah. I know that is the reason. The more relevant question is - Which user's business do they value more? By choosing OSGold over e-gold they seem to be placing a higher value on people who use the currency so that they can participate in guaranteed HYIPs offered by the currency issuer. FWIW, the eCTA crew appear to be decent, well-organized, and not a propaganda arm for hyips!! Yes, they do. I agree with you. I have personally met several of these people. They are very trustworthy. Which makes their stand on this issue very confusing. Viking Coder Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: the eCTA
Is there a listing for all of these somewhere? I still have a hard time convincing businesses to take e-gold for my purchases. Pssibly I am buying from the wrong companies if thousands are accepting it? No, I don't know of thousands of businesses accepting e-gold. However, the point I am trying to make is that a policy allowing ads to be put on the E-Gold Spend Page shouldn't be adopted since such a policy will not function effectively once E-Gold is accepted by thousands of businesses. The place for such an ad is probably on the Trade Association website, (or on GoldDirectory.com). E-Gold, for the past 3 months now, has again resumed its phenomenal growth -- now up about 20% in funded accounts over 10 grams, since March. As long as E-Gold maintains steady growth, it doesn't need to advertise -- and probably shouldn't advertise if the growth rate remains this high. Of course, PayPal was able to grow much faster, so maybe E-Gold could too, but PayPal is still in the Red and E-Gold is still in the Black. Slow, steady, growth can be considered ideal. Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
I find it amusing how suddenly the world (or a very small number of vocals) claim e-gold is anti-HYIP'S. Become a Market Maker and learn the truth. You're confusing official endorsment of HYIPs, (like OSGold), with an official policy which may permit them to function without an official endorsement. This is a big difference. An HYIP is committing fraud when it 'guarantees' customers' money -- and OSGold explicitly does this. What do you think is going to happen to your OSGold account when OSGold defaults on one of their 'guaranteed' HYIPs? There is not enough money in the world to 'guarantee' an HYIP. One must never fail to pronounce moral judgment. -- Ayn Rand (God Herself) Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: Accreditation vs Licensing
George, My point being that every standard or licensing exam still has those who just squeak by. You are not told that when you look at your doctor's diploma hanging on the wall of his cold, boring, twenty year old magazine covered waiting room how he finished in his class, correct? As a Registered Nurse, one has to coach new doc's along sometimes in the middle of a particularly hairy situation: Uhm, no, I would not mix the dextrose with that drug or you will blow that IV I finally was able to start, Doctor. How about mixing it in Normal Saline and using the hep-lock? Even a room full of straight A students will have those who are less talented in one area than the others. Just because a guy has a straight A GPA, would you let him necessarily lodge a 32 gauge sewing needle and drainage tube (chest tube for drainage of the lungs) into your chest without asking questions as to if it was needed? I tend to ask a lot of questions to make sure the guy holding a particular license EARNED it. (By the way, anyone else get those annoying Buy a Diploma spam mails??) You probably already know that about me though, right? ;0) Eric - Original Message - From: George Matyjewicz [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Sunday, June 17, 2001 10:12 PM Subject: [e-gold-list] Re: Accreditation vs Licensing At 08:49 PM 6/17/2001, Eric J. Gaither wrote: What do they call the guy who graduates dead last from his medical school?? They still call him Dr. Just something to think about ... However, to graduate medical school a student still needs a 4.0 average. George __ George Matyjewicz, President/General Manager Standard Transactions (BVI) Limited World Wide Currency for the World http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
Craig, You're confusing official endorsement of HYIPs, (like OSGold), with an official policy which may permit them to function without an official endorsement. This is a big difference. My fault. I think you cleared that up for me. So, e-gold only ALLOWS HYIP's to operate in their system, they do not officially endorse them. Kind of like how prison guards sometimes allow drugs, rape, and murder but do not officially endorse them? There is not enough money in the world to 'guarantee' an HYIP. Since this is true (I could not agree with you more, Amigo!) then e-gold allows HYIP's to operate in their system despite knowing that the suckers who invest will be bilked of their funds. But because they do not OFFICIALLY endorse these, that is okay. Let the scammers and fraudsters set up shop, steal LOTS of money, then shut down and walk away. Hmmm... So, if I want to open up shop and run another e-Biz which had 30,000 members when it crashed I can as long as I don't expect an official endorsement from e-gold, correct? Give me a few days...:0) What was that saying again?? One must never fail to pronounce moral judgment. -- Ayn Rand (God Herself) Eric (STILL opposed to all HYIP's (scams) in ANY currency!) - Original Message - From: SnowDog [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Sunday, June 17, 2001 10:38 PM Subject: [e-gold-list] Re: New Kid On The Block I find it amusing how suddenly the world (or a very small number of vocals) claim e-gold is anti-HYIP'S. Become a Market Maker and learn the truth. You're confusing official endorsment of HYIPs, (like OSGold), with an official policy which may permit them to function without an official endorsement. This is a big difference. An HYIP is committing fraud when it 'guarantees' customers' money -- and OSGold explicitly does this. What do you think is going to happen to your OSGold account when OSGold defaults on one of their 'guaranteed' HYIPs? There is not enough money in the world to 'guarantee' an HYIP. One must never fail to pronounce moral judgment. -- Ayn Rand (God Herself) Craig --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
Osopps offers proven investments (see http://www.osopps.com ). There is no mention of High Yield investments. Are you saying that it is impossible to guarantee an investment? Eve -Original Message- From: SnowDog [mailto:[EMAIL PROTECTED]] Sent: Sunday, June 17, 2001 9:38 PM To: e-gold Discussion Subject: [e-gold-list] Re: New Kid On The Block I find it amusing how suddenly the world (or a very small number of vocals) claim e-gold is anti-HYIP'S. Become a Market Maker and learn the truth. You're confusing official endorsment of HYIPs, (like OSGold), with an official policy which may permit them to function without an official endorsement. This is a big difference. An HYIP is committing fraud when it 'guarantees' customers' money -- and OSGold explicitly does this. What do you think is going to happen to your OSGold account when OSGold defaults on one of their 'guaranteed' HYIPs? There is not enough money in the world to 'guarantee' an HYIP. One must never fail to pronounce moral judgment. -- Ayn Rand (God Herself) Craig --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
There is not enough money in the world to 'guarantee' an HYIP. Since this is true (I could not agree with you more, Amigo!) then e-gold allows HYIP's to operate in their system despite knowing that the suckers who invest will be bilked of their funds. But because they do not OFFICIALLY endorse these, that is okay. Let the scammers and fraudsters set up shop, steal LOTS of money, then shut down and walk away. Hmmm... How would you stop it while maintaining the non-repudiation policy? How does Western Union stop international money laundering? They can't. It's an aspect of their business. How do chauffered limousine services stop illegal cocaine use in the backseat? They can't. It's an aspect of their business. This isn't the same thing as if they provided their customers with complimentary cocaine. That would be a crime. Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
Osopps offers proven investments (see http://www.osopps.com ). There is no mention of High Yield investments. Are you saying that it is impossible to guarantee an investment? What is the interest on their guaranteed investments? If the interest rate is higher than a typical bank loan, then YES, it can't be guaranteed because there is no source of guaranteed income from their uses of the money. Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
Osopps offers proven investments (see http://www.osopps.com ). There is no mention of High Yield investments. Are you saying that it is impossible to guarantee an investment? It is possible for anybody to guarantee anything. What's at issue is, what's the guarantee worth and where is the substance to back it up? Ultimately, a bank or government guarantee can even be worthless as has been proven many, many times. offshoresurfer --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: eCurrency Trade Association Inc.
5. I will never disparage the Association or it's members or clients in any way. Which translates to I will not slag off OSGold despite them backing HYIPs and being a currency that calls itself `gold' but denominates value in dollars, and other such antics. To clear up any misunderstanding Julian, Definition of Disparage:To speak slightingly of. New World Dictionary. Definition of Member: A person who is or belongs to a group Definition of Client. A person or customer who purchases services from someone or something. Nowhere is osgold mentioned as being a member (which they are not, not being a Market Maker, or Exchange Provider or Cambio) or a client. Only Market Makers, Exchange Providers Cambios are members. 9. I will not use the Association as a platform for any other philosophical or political agenda. It is not a religious group or political party or philosophical group. It is a Trade Association for Market Makers. Please reread the purposes of the eCTA. Kind regards, Michael Moore Vice President (Pro Tem) for the Board of Directors of the eCurrency Trade Association Inc. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
On 17 Jun 2001, at 21:28, Eric J. Gaither wrote: By the way, if e-gold is SO anti-HYIP, Viking, can you please explain to this list what has accounted for a large share of e-gold's growth and exposure? The problem is not with WHO uses the eCurrencies. Issuers should not be there to police the world. The problem is with the Issuer. Claude http://www.goldcurrencies.ca http://www.ormetal.com == Claude Cormier Public Key http://www.ormetal.com/PGPkey.html == --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: eCurrency Trade Association Inc.
Michael Moore wrote: 5. I will never disparage the Association or it's members or clients in any way. Which translates to I will not slag off OSGold despite them backing HYIPs and being a currency that calls itself `gold' but denominates value in dollars, and other such antics. To clear up any misunderstanding Julian, Definition of Disparage:To speak slightingly of. New World Dictionary. Definition of Member: A person who is or belongs to a group Definition of Client. A person or customer who purchases services from someone or something. Nowhere is osgold mentioned as being a member (which they are not, not being a Market Maker, or Exchange Provider or Cambio) or a client. Only Market Makers, Exchange Providers Cambios are members. Ah, my mistake, I apologise. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
the goal of the eCTA is to promote the overall growth of the Gold Economy not just the e-Gold Economy. This is a good thing. There are more GBCs than just e-gold. Free-market competition is a very good thing. It will help the entire Gold Economy become more than just a bunch of libertarians, gold-bugs, and scammers. The eCTA does not/will not dictate who may/may not support the effort. (Why would we want to?) How would you feel about receiving public support from the Yakuza, or the Chinese Tongs? How about NAMBLA (North American Man Boy Love Association)? How about support from known crooked politicians? These are all very extreme examples, but they do illustrate why any person, corporation, or alliance would want to be careful about who publicly supports them. Another more personal, and again very extreme, example would be... Would you want to have a known repeat-offense child molester as a primary reference when applying for a job at a child-care facility? This does not mean that the eCTA promotes their HYIP's any more than it will promote the hundreds (if not thousands) that are run out of e-gold to this day. How many of these HYIPs are guaranteed by e-gold ltd.? How many were started and run by e-gold ltd.? Ask any e-gold MM to tell you what their clients are doing with the e-gold they purchase. Why does it matter what e-gold is used for? National currencies have been, and still are, used to pay for contracted murders. What a currency is used for by independent individuals is of no concern to the credibility of the currency. However, if the issuer of the currency is unstable, then there is cause for concern. The problems people see with the USD have nothing to do with how people use it. These people don't care that the money has been used to pay for murders, pre-teen prostitutes, etc... They care that is issued by a bumbling bloated government and that it is only backed by the word of that government. How many businesses accept it so far after five years, Viking? Quite a lot. Quite a lot more would be much appreciated. How far has their credibility taken them with the world's household name Merchants? I think the main reason e-gold isn't accepted by 'household names' is the fact that e-gold isn't dollar-based. That is the only real problem most serious business I've talked to have with e-gold. They don't want to deal with multiple currencies. When they accept a payment for $50, they want it to remain $50. They can handle the fraud the excess transaction fees because that's what they've always done. Credibility will come with time I normally ascribe enough credibility to any new venture to give it a serious try. However, before I even got a chance to consider it, OSGold started chiseling away at that credibility. I have no issues with the fact that HYIPs use OSGold. I don't even have any overwhelming issues with them basing their system on USD. They aren't a true GBC, why should I have a problem with them being based on USD? The serious problem I have is that they guarantee the returns of HYIPs that they start and run. and realignment of their backing. Huh? So after a couple of years in operation they are going to say Oh, We've decided to be 100% backed by hard metal after all. Why not do it from the start like GoldMoney Standard Reserve did? If you are unhappy with their backing strategy, cool, don't use their system. I don't. As I said above, their backing strategy isn't the real problem. Does that mean that others should not be allowed to use OSGold just because you and e-gold do not care for them? No. People have the right to do whatever they like. I like to make my opinions known. But remember, five years and 1 day previous to today no one had heard of e-gold nor did it have any credibility. They slowly built it over time. Just like every other legitimate company has. Just like you did. I had never heard of e-gold 15 months ago. I have been a Market Maker for exactly 13 months now. Did you talk to anybody before seriously using e-gold? Did you decide to become a market maker after just looking at their website? Did their 3 1/2 year track record mean nothing to your decision to become a market maker? However, you tell me, does Gaithmans have any credibility in the Gold Community? Yes. In my opinion, you are one of the most credible MMs that are around. One last question. What is the eCTA going to do if OSGold cannot live up to it's HYIP guarantee, and causes exchange providers (of all types) to not be able to fulfill exchange requests? This is not a problem for GoldMoney, Standard Reserve, or e-gold because none of them guarantee HYIPs. Viking Coder Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
the gold casino (is that not another HYIP?) Umm... No. I don't consider the lottery ticket on my desk to be my retirement fund. A HYIP is a High Yield **Investment** Program. Yes, we all now that actually means you are putting your money in for a crap shoot, but that is not how they are presented. Anybody who considers a casino an investment program has a good shot of being elected the next president of the United States of America. I find it amusing how suddenly the world (or a very small number of vocals) claim e-gold is anti-HYIP'S. Become a Market Maker and learn the truth. As I have said time, and time again - There is a major difference between the currency being used for HYIPs and the currency issuer starting, running, and guaranteeing a HYIP. When was the last time that e-gold ltd. offered a guaranteed HYIP? Thanks for allowing me to set the record straight on that point. Thanks for allowing me to make my opinions known. However, neither one of us could have stopped the other. Viking Coder Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: New Kid On The Block
So, e-gold only ALLOWS HYIP's to operate in their system, they do not officially endorse them. Kind of like how prison guards sometimes allow drugs, rape, and murder but do not officially endorse them? Does this mean that the US government allows pre-teen prostitution, drug use, and contracted murder because the US dollar is used for said actions? We are not talking about splinter factions of intelligence organizations here. e-gold allows HYIP's to operate in their system despite knowing that the suckers who invest will be bilked of their funds. Because e-gold ltd. don't require the work history, credit card numbers, and list of every sexual parter to obtain an account, and then don't require notarized triplicate forms to spend between accounts, HYIPs can operate very easily. This does not constitute e-gold's open invitation to HYIPs to do what they do best. Just because I can go steal your car doesn't mean you'll allow me to, does it? Viking Coder Worth Two Cents? http://www.2cw.org/VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] e-gold embraces HYIP passively
--- SnowDog [EMAIL PROTECTED] wrote: Is there a listing for all of these somewhere? I still have a hard time convincing businesses to take e-gold for my purchases. Pssibly I am buying from the wrong companies if thousands are accepting it? Maybe thousands of HYIP businesses? No, I don't know of thousands of businesses accepting e-gold. snip E-Gold, for the past 3 months now, has again resumed its phenomenal growth -- now up about 20% in funded accounts over 10 grams, since March. Account creation is down for the fifth consecutive week and if it hadn't been for the few really popular scams, nothing has changed in the statistics, if you look at the numbers from last August. Current account holders are getting their pay out from their scams, that is why you have a growth in accounts over 10 grams. It is only about 100 USD, anyway. As long as E-Gold maintains steady growth, it doesn't need to advertise -- and probably shouldn't advertise if the growth rate remains this high. It should attract real businesses, instead of scams and porn sites! How does that go along with the E-Dinar morals, anyway? Are they endorsing porn and scam as well, since they are using the same system? Do the e-dinar people even know what the e-gold customer base is? Of course, PayPal was able to grow much faster, so maybe E-Gold could too, but PayPal is still in the Red and E-Gold is still in the Black. How do you know that? I would like to see e-gold PL sheets. Are you confusing e-gold with GSR, again? I would like to see GSR's PL sheet as well, while we are at it. Slow, steady, growth can be considered ideal. Craig If it were not for people like you and Viking Coder, e-gold, GSR and whatever else they call themselves would not have many friends vocalizing as if they were an authority and on the inside! How can you speak with s much authority, if you are not part of their family? = Dagny Taggart __ Do You Yahoo!? Spot the hottest trends in music, movies, and more. http://buzz.yahoo.com/ --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]