[e-gold-list] Re: Ethical refunds

2003-12-03 Thread Wayne Dawson
Viking Coder [EMAIL PROTECTED] wrote:
I'm not arguing backed vs. fiat, or base system denominations, but
inter-currency transaction roll-backs. When a transaction is made across
non-equivalent currencies, is there an *ethical* means of determining what
amount should be refunded?
I don't think it's so clear.

How is this situation usually handled (fiat - fiat transactions)? Is the
merchant/payee's currency used as the basis for refund, or the
customer/payer's currency used?
I might be mistaken, but I believe no refunds is the normal policy - at 
least with most cash exchanges.  If I were to give 500 USD to a cash 
exchange provider in Amsterdam in exchange for Euros, I wouldn't expect to 
be able to go back later and get my USD back.  I would have to make another 
exchange from Euros to USD.

It seems the scenario closest to Graham's situation would be if I push my 
500 USD across the counter and the person on the other side picks it up and 
at that point (before I've received the Euros) I say, wait I changed my 
mind!  In that case I'm guessing the person would hand the money back, and 
say make up your mind.  This suggests to me that Graham should have 
returned the currency given to him (e-gold) in the amount he received 
(which is measured in weight), less fees extracted by the e-gold 
system.  OR he should have said, sorry, no refunds.

OR he should do exactly what he said (on his website) he'd do.

It does seem a bit unfair that a customer can cancel an order because the 
price of dollars in terms of gold went down.  If I send you 100 aug and 
expect 1000 USD for example, it seems a bit cheap and smarmy to cancel the 
order and redo it because the price of 1000 dollars went down to only 90 aug.

Wayne 

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[e-gold-list] Re: Income tax

2003-10-15 Thread Wayne Dawson
Wayne wrote
 Taxation is theft, by definition.  Period.
At 08:33 PM 10/14/03 +0300, FileMatrix wrote:
I guess if there would be no US government (no tax = no administration) you
would take a shotgun and shoot cubans if they would try to invade USA,
right? ;)
No, I don't give a rat's ass about arbitrary lines that gangs of hoodlums 
draw on maps.  Just because the particular gang in question (the government 
known as the United States of America) claims to have a right to rule over 
me does not make me feel any affiliation with them.

Wayne

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[e-gold-list] Re: Income tax

2003-10-15 Thread Wayne Dawson
At 12:39 PM 10/15/03 +0300, FileMatrix wrote:
I support a general tax because it makes things more homegenous, as in,
everybody pay less, globally.
But everybody does NOT pay less.  The bottom line of solving human problems 
through coercion is more expensive and less effective solutions - if the 
problems are solved at all, and more problems caused on top of the ones 
that are being so poorly solved.

 Sure, the rich pay more than the poor. At this
point I have to say I would gladly pay 5 - 10% of (say) my $10 millions a
year income to see that the society in its whole is a little better.
You don't have that choice.  The problem with taxes is that they are 
coercive.  And society in its whole is not better.

 Profit
is not what drives my life! Either I pay, from my money, localy to support
road building, or I pay to the center its the same thing - I still pay.
It's not the same thing.  One is coercive and one is not.

You say you're not forced to pay localy. Yes you are! Otherwise you wouldn't
be allowed to use those roads.
That's not coercion, that's exchanging value for value.

Wayne

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[e-gold-list] Re: Income tax

2003-10-14 Thread Wayne Dawson
At 12:36 PM 10/14/03 +0300, FileMatrix wrote:
Dear Jim,
Well I guess I fall under the anybody else who wants to answer category. :-)

...
As [somebody] point out, the average american pays 50% taxes. Do you think 
that a
system with no inflation and with a flat 5 - 10% income tax (for everybody,
person or company) is also theft?
Taxation is theft, by definition.  Period.

 I have in mind that there is no other type
of tax, like: VAT, property tax, welth tax... whatever. Obviously, I am
thinking that the income tax is used for what the country needs (even if you
would say you or anyone else don't know what the country needs). Does this
kind of system seem fair to you (or anybody else who wants to answer)?
No.

Wayne

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[e-gold-list] Re: anybody can freeze your account by court order

2003-04-04 Thread Wayne Dawson
At 02:03 PM 4/4/03 +0200, Danny Van den Berghe [EMAIL PROTECTED] wrote:
Apparently my account was frozen by court order
On Friday, March 21, 2003, Cash Cards was attempting to fund an E-Gold 
account
for one of its customers, in the amount of $3,260.00, but Cash Cards
inadvertently put these funds into your E-Gold account (No. 102468).  However,
since E-Gold has strict privacy rules and other restrictions, E-Gold would not
reverse the transaction or freeze the account unless Cash Cards obtained an
order from a court. So, that is what we did.
Geez!  Why didn't they just ask you for the money back before resorting to 
a court order?

Wayne

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