> 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 agree. Given the number of companies that trade on nyse and nasdaq, if Dbourse is equally safe it will have just one scandal every 10000 years or so. > 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. I think the trading platform of Dbourse is not better than nyse. Same price orders are handled on a first come first serve base on every major stock exchange in the world. I don't see anything like that on DBourse, at least I don't see any date/time stamp with the outstanding orders. > 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. I would rather call Dbourse a 'game' at this stage. People will put some of their gambling money in it , not more. A completely unregulated exchange will never grow very big because it is the (self)regulation of the exchange that makes enough people consider it safe to put a significant part of their life savings in it. That's the corner stone of the succes of nyse and other big exchanges. Oh, yes, the regulations will fail here and there, they always will. People lock their doors at night, and still it does not eliminate thieves completely. Does that mean it is useless to lock your door at night? I think any comparison between Dbourse and nyse is pretty meaningless at this stage. Danny --- 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.
