This is activity that is possibly illegal
Is there a specific reason to think so? It doesn't look like any e-gold users were prosecuted, or like the grounds for prosecuting the operators of e-gold would generalize.
It doesn't look like any e-gold users were prosecuted, or like the grounds for prosecuting the operators of e-gold would generalize.
The government's response to a currency or payment system that could be shut down by shutting down a single "point of failure" is not particularly informative for predicting its response to a payment system that does not have a single point of failure.
The government correctly perceives allowing the man in the street to transact business or earn money outside of the awareness and control of the regulated banking system to be a threat to its revenue stream and to be an enabler of crime and terrorism.
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