I agree with you except for one thing.
I know for sure is if that dbourse allowed all comers to setup shop in the e-gold marketplace worldwide, It would take about 2 weeks to begin to realize how many people would be scamming in every conceivable way and if that somehow achieved the mass scale of the NYSE in number of players and trades, you would quickly realize that the fraud on Dbourse would make the nyse look good by comparison or at least equal it.. I deal with enough people using e-gold on a daily basis to know that fraud is damn near everywhere and especially bad in some "un-named" countries. Every week someone is stealing our software and reselling it, or copying our websites, (sometimes directly word for word) and they are all mixed up in the e-gold crowd. I don't think that dbourse is safe from fraud in any way, just because their system is a better solution. I am not even convinced it is a better solution. Certainly it is not in any way technically better. Philosophically maybe, but then if you designed the ultimate pyramid scheme like the NYSE and then created your own laws to protect it, I would suggest you would be fairly proud of your accomplishment as that makes dbourse look like a corner store selling day old bread in comparison. Those are the real players when it comes down to it. Dbourse is not anything more than an interesting (what if) discussion and a hope of some future potential to become this great new existing outside of the "system". The free market potential is absolutely staggering and this is what interests me about it. By limiting their offering to only their own company shows that they know it or are possibly afraid of the potential for fraud and also for prosecution. The reality is as soon as they sell a share into any state in the US they are breaking some law that the SEC will not take kindly to once they figure it out. It wont matter if they are offshore or not once they sell into their jurisdiction. I am not attacking dbourse, I just think this conversation so far has been too one sided, almost to the point of advertisement. Before this will ever work, they at least got to get the balls to release it to all comers. Someone will do it eventually. Why not? If I had the time I might put a couple programmers onto the project myself. Until someone does this, we will all be sitting here talking about how your $12 dividends make you feel all warm and fuzzy inside. The cost is too high for many. A person can buy any share on the NYSE for much less once they find a way into the system. I play the NYSE for fun. Last year I made 80K profit on a 100K investment betting on the companies that bush and chaney are mixed up in before the war was getting underway. You can't do that on dbourse without more players. With more players there will be microcosms that would lead to fast moving insider trading that an outsider can capitalize on if they are connected enough to what is going on. I would say that right now in every way the NYSE beats debourse. I cannot find a solid argument to the contrary except how attractive it would be to put our company onto an exchange without up front capital or disclosure. That is the bottom line. Build a system that allows any company to list for a % of share sales and no up front capital and no disclosure and let the market sort them out. Then we have something to talk about. Gordon www.katzglobal.com Anonymous Hosting(tm) Solutions --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
