But reversible spends turn into non repudiable e-gold as soon as the chargeback
period expires, so when the HYIP folds after the chargeback period is over the
victims will find out that they cannot get their money back.
This danger will have to be explained in user agreement (which
Newsflash: the greatest reversible/repudiable payment system ever on
the planet, is credit cards -- Visa and MC.
You very simply will never be able to improve on them. (How?
Greater penetration? lol. or what? how could it be improved on?)
Oh, I'll improve upon them in almost every
The costs are exactly double the normal e-gold fees, because two spends happen
before the e-gold arrives into George's account (or back into James' account).
But I would of course take a little fee for myself and make a profit here.
Who will handle disputes if there is a chargeback?
At 7:13 PM -0500 6/1/03, Offshore Team wrote:
Imagine say 3-10 people being the jury for repudiation payments each
earning a % of the fee charged for the outcome -
...
I can't imagine a number of things about your scenario, such as how
you'd pay jurors so little and have any, but I *can*
I can't imagine a number of things about your scenario, such as how
you'd pay jurors so little and have any, but I *can* imagine both trying
to seed your juries with my allies and/or bribe them. Many of you are
very charming, because you're so honest. I *try* to be charming, but
life forces
If e-gold can get away without having any reversal options then this system
could most certainly state the decison of the jury is final.
A NON-repudial juror system for your repudial e-gold, justified by the fact
that e-gold is non-repudial, a feature which you think is bad ... very
interesting.
If e-gold can get away without having any reversal options then this system
could most certainly state the decison of the jury is final.
Umm, Danny never said this. I did, so you shouldnt start yellen at him for that...
A NON-repudial juror system for your repudial e-gold, justified by the
At 4:35 PM -0500 6/2/03, Offshore Team wrote:
...
I agree repudiable is best for many, but how many people (I guess in the tens of
thousands) have been scammed within e-gold from people who closed up shop
eg games and HYIP's. These are a prime market for repudiable...
Is that why there are so
OK...
How about this idea! Maybe after all the talk on this topric what we have here is an
oragami boulder!
http://www.origamiboulder.com/
lol
Gordon H.
www.katzglobal.com
Anonymous Hosting(tm) Solutions
---
You are currently subscribed to e-gold-list as: [EMAIL PROTECTED]
To unsubscribe
- Original Message -
From: James M. Ray [EMAIL PROTECTED]
Date: Mon, 2 Jun 2003 17:56:18 -0400
To: e-gold Discussion [EMAIL PROTECTED]
Most online HYIP scams are made WITHIN e-gold not credit cards (credit cards are
repudiable thus the scammers running the show cannot get
away with
At 6:22 PM -0500 6/2/03, Offshore Team wrote:
...
Most online HYIP scams are made WITHIN e-gold not credit cards (credit cards are
repudiable thus the scammers running the show cannot get
away with funds most of the time )
This is my point (though your term within is totally-inaccurate).
I
I agree with you, but still believe that the users themselves would feel more
comfortable with repduaited currencies when playing these games would they not - and
merchants /game owners would pick up on this?
Does Paypal and Visa operate with Csinos anymore??? NO. this market is prime for
If e-gold can get away without having any reversal options then this system
could most certainly state the decison of the jury is final.
A NON-repudial juror system for your repudial e-gold, justified by the fact
that e-gold is non-repudial, a feature which you think is bad ... very
Afraid that the
market will tell you exactly what I (and I suspect several others) think it
will; i.e. nobody wants this bafflingly complicated crap service because one
of the main reasons they use e-gold in the first place is it's
non-repudiability?
Umm, I believe it will not be a
And let just talk the bare bones system how a repudiable spend is going to happen
with e-gold!
James has won an auction bid for this vintage Caddilac that George is offering on
Ebay.
...
hi danny,
i think you describe a 3rd party e-gold escrow system perfectly well! the
community needs
On Sunday, June 1, 2003, at 10:40 AM, [EMAIL PROTECTED] wrote:
... in your example, no one ever denies making a payment - i.e.
there is no repudiation. it is an escrow system, that in fact relies on
the underlying *non-reputability* of the payment system being used.
if you change your wording to
i think you describe a 3rd party e-gold escrow system perfectly well! the
community needs such a system - go for it! (or get escrow.com to accept
e-gold as one of their payment mechanisms.)
however, when you repudiate an online payment you deny making it. by
repudiating a payment you attest
: Would it not be simple to make all repudiable payments go into
: a trust account only, or possibly even the users account only but
: without the power to exchange to others at all until cleared?
: Seems easy enough.
Why even make the payment then? The recipient has no access to the funds
until
From: Danny Van den Berghe [EMAIL PROTECTED]
Date: Sun, 1 Jun 2003 11:51:37 +0300
To: e-gold Discussion [EMAIL PROTECTED]
Subject: [e-gold-list] Re: www.repudigold.com (was: Re: repudiable payment
system)
The costs are exactly double the normal e-gold fees, because two spends happen
the decison of the jury is final.
- Original Message -
From: [EMAIL PROTECTED]
Date: Mon, 2 Jun 2003 09:59:05 +1000
To: e-gold Discussion [EMAIL PROTECTED]
Subject: [e-gold-list] Re: www.repudigold.com (was: Re: repudiable payment system)
So who handles the disputes for chargebacks
So who handles the disputes for chargebacks? You will have to have an
employee.
- John
Indeed. You'll need an employee for the help desk, too.
Not at all. Read my last message - users can become involved by being classed as an
indepenadant anonymous judge/jury, They earn an income and
Danny,
Your repudigold cannot work without credit...
For example, if I charge back a merchant for a credit card payment I have
made, the bank takes the money away from the merchant. If the merchant does
not have any money in his account at the time, the bank creates a negative
balance, and as
Now with your repudigold, what happens if I am a clever merchant, and I set
up my site so that every payment I receive through the sci is immediately
paid to another account. Now you as a distressed customer come to charge
back and find there are never any funds available.
Would it not be
Not-confusing e-gold customers matters VITALLY to me, though. They
come from a world which has been overrun for decades with fiat money
and weird ideas about what money really is, and this new experience is
already confusing-enough for them, so please, for me, let's call the new,
separate
24 matches
Mail list logo
