6 Jan
2004
6 Jan
'04
2:07 a.m.
At 01:33 PM 1/5/2004, Declan McCullagh wrote:
This is a welcome step, assuming the pharms are legit. We still need some form of reputation service.
But I'm not overly optimistic (I tend not to be, in the short run). I do not know how resistant the e-gold corporate and technical infrastructure is to U.S. federal government targeting. If the Feds decided e-gold needed to be shut down and took very aggressive steps, what would happen?
Initially there would likely be a surge in use by their competitors, like Pecunix, that operate entirely outside the US. Later new entrants would probably spring up. steve