[e-gold-list] Re: New Kid On The Block

2001-06-19 Thread Chris Lord-Van Voorst

I think you're protesting too much.  eCTA has shown nothing more than
publicity, and you're getting emotional about the issue?  Moreover, your
defense of eCTA has no substance.  I'd guess you're on the board of
eCTA and are too chicken-shit to use your usual login for the e-gold
list.

If I'm wrong about who you are, I apologize.  As far as I'm concerned,
eCTA has done nothing but repell me since I first heard of it.  There's
something not quite right about the whole thing; I'm sure more will be
exposed when it finally begins business.  Maybe it's just my bias against
OsGold; I don't know...  I'll reserve complete judgment for when the
eCTA product is finally on the shelf for my viewing.

Regards,
Chris Lord-Van Voorst

a href=http://two-cents-worth.com/?230097; target=_blankmy $.02/a


 Nonsense, what a stupid statement. You are inferring that e-gold users
 can't take advantage of the eCTA because e-gold management choose not
 to answer correspondence to the eCTA. Wake up! The eCTA is not
 promoting currencies, it is helping users to choose suppliers of
 currency. E-gold's poor customer service policies make no difference to
 the efficacy of the eCTA.
 
 
 
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[e-gold-list] Re: New Kid On The Block

2001-06-19 Thread The Snipper



A Cambio, Exchange Provider or Market Maker will have to go through a
verification process in order to, be accepted as a member of the eCTA.
Once this is accomplished the new member will be issued with a Seal of
Accreditation which they will be entitled to display on their web
site.  In addition they will be added to the eCTA site with information
on the services they offer.


Thank you that's the information I was witing for.


A certain number of Cambios, Exchange Providers and Market Makers have
applied for membership and are currently going through the verification
process.  When this is completed they will be full members of the eCTA
and issued with the Seal of Accreditation.

Can we find out who they are?


Cheers!

Sniper
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[e-gold-list] Re: New Kid On The Block

2001-06-19 Thread Goldlist Cynic


--- Chris Lord-Van Voorst [EMAIL PROTECTED] wrote:
 As far as I'm
 concerned,
 eCTA has done nothing but repell me since I first heard of it.

Aren't you the rude bastard that complained about someone's grammar?
You can't even spell! How can anyone take you seriously?
 


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[e-gold-list] Re: New Kid On The Block

2001-06-18 Thread Goldlist Cynic


--- Eric J. Gaither [EMAIL PROTECTED] wrote:
 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.

What the hell? Isn't this eCTA there to provide information and
protection to USERS of these currencies? I thought that market makers
can be accredited by the eCTA so an end user knows she is hopefully
using a reputable service to buy currency.

Where does e-gold, OSgold or any of the others fit into the picture?
How can they be members?  Why is their support even needed?

If the service provided by the eCTA is valuable, people will use it
even if the pig headed mangement of foundering currencies refuse to
support it.

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[e-gold-list] Re: New Kid On The Block

2001-06-18 Thread Goldlist Cynic


--- Viking Coder [EMAIL PROTECTED] wrote:
  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.

Nonsense, what a stupid statement. You are inferring that e-gold users
can't take advantage of the eCTA because e-gold management choose not
to answer correspondence to the eCTA. Wake up! The eCTA is not
promoting currencies, it is helping users to choose suppliers of
currency. E-gold's poor customer service policies make no difference to
the efficacy of the eCTA.



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[e-gold-list] RE: New Kid On The Block

2001-06-17 Thread Ian Green

 -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



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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread Viking Coder

 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

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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread jpm

 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!!

---
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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread Eric J. Gaither
 -
From: [EMAIL PROTECTED]
To: e-gold Discussion [EMAIL PROTECTED]
Sent: Sunday, June 17, 2001 8:33 PM
Subject: [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.


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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread 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.

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

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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread Eric J. Gaither

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

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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread SnowDog

  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






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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread Eric J. Gaither

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






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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread Eve

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






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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread SnowDog

 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






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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread SnowDog


 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



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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread offshoresurfer


  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


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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread C. Cormier - Ormetal Inc.

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
==

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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread Viking Coder

 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

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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread Viking Coder

 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

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[e-gold-list] Re: New Kid On The Block

2001-06-17 Thread Viking Coder

 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

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