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> From: Julian Dibbell <[EMAIL PROTECTED]>
> To: e-gold Discussion <[EMAIL PROTECTED]>
> Subject: [e-gold-list] Those mysterious microspends
> Date: Saturday, 28 July 2001 9:54 AM
> 
<SNIP>
> 2. More generally, what portion of the total value and number of daily
> e-gold spends would you guess is generated by the HYIP economy (cash-flow
> games, investments, investment advice, etc.)? Claude Cormier recently put
> the number at around 90%, if I understood him correctly; JP May I think
said
> something to the effect that the percentage is an "overwhelming"
majority.
> Do those statements reflect a consensus?
<SNIP>

If my disagreement prevents such a 'consensus' then so be it. How would
either Claude or JP know the amount of business actually conducted by scams
compared to legitimate business and personal transactions? e-gold
transactions are private. One can only guess who is doing how much
business. 

I don't ask them, but certainly no one I transact with tells me they use
e-gold only to participate in a ponzi scheme (or whatever they may call
it). JP suggests that Tara's Virtual Studio, and The Gold Casino are nearly
the only decent businesses in this market, but I'm sure that with up to
USD$4 million per day now being transacted (and having grown to this
steadily and strongly over a period of years), there are many business and

personal transactions being conducted that the highly esteemed Claude
Cormier and JP May do not know about.

Regards,

Ian Green
http://two-cents-worth.com/?107242


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