While I see e-gold as very useful and nice system I'm still surprised
the valuable gold is protected only by single passphrase. As seen from
other previous posts this weak link has already resulted into thefts
performed by stealing the passphrase.
Once I was working in developing the system fo
> Gaming industry,
> just like the gold currency industry, does NOT need 'offshore entities,
> masks and attorneys'
>
Well, if I would build online casino and started it here in Czech
Republic, it would be stopped by force of state. It could have been
legal only if I would get license from th
that ensures a player the other party
(machine) is using good randomness and is not biased against player or
house. I can write it down and publish if anyone is interested.
--
Kamil Kukura
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> No, actually I didn't suggest that at all.
>
> What I did suggest, was that if E-Gold were to "crack down",
> and take a stong stance on this issue, then the people that use
> E-Gold for ponzis, would migrate to another gold based currency
> with less of a "big brother" reputation.
>
I
>
>
>It is not important that you own the physical gold. It is only important
>that you own the digital gold grams, and that they remain valuable.
>
>
Right, as far as digital gold grams can be swaped for real gold grams in
any time. In reality, I guess, manipulation with real gold is rather
Patrick Chkoreff wrote:
>From: "Kamil Kukura" <[EMAIL PROTECTED]>
>
>Your example mentioned the following five "roles":
>
>buyer (deposit-A)
>seller (deposit-B)
>bank (deposit-A)
>system (deposit-A)
>system (deposit-B)
I read the book from Murray Rothbard called "What government has done to
our money" and it is fantastic. Now I understand why is real metal based
currency so important and how reserve/central banks are playing that
pyramid game they call "inflation".
Anyway, because I develop software I was thinki
