I appreciate James and Bob's comments on regulation. But I never suggested government regulation. Self-regulation is the best way to keep an industry clean.
True Ponzi schemes are fraud. And fraud should be punished by the State after the fact, not by regulation. If an exchange agent or a currency operator has strong reason to believe that someone is trying to run fraudulently obtained money through their system, or to use their system to run a fraudulent program, they should take steps to stop doing business with that individual and prevent them from using their system. That is basic common sense. This is part of the duty of every man to love his neighbor. If you know someone is a scammer you should not help them in hurting other people. It has nothing to do with the State. Just self-government. Ken --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
