At 09:14 AM 3/11/2004, Major Variola (ret) wrote:
At 11:49 AM 3/10/2004, Major Variola (ret) wrote:
This is how the US intimidates such that the USG can monitor all transactions. A serious practical problem for e$ when it needs to interface to atoms.
not really. it means there is a need for a more P2P approach, like Kawalah, where trusted individuals act as entry and exit points using
At 02:27 PM 3/10/04 -0800, Steve Schear wrote: their
own banking accounts in exchange for the lion's share of the service fees.
Kawalah, isn't that a terrorist tool? ;-)
If it isn't already, it will be declared one.
The money order and small payment industry sought and got exemptions covering smaller operators (I think the upper limit is $10,000 per day). E-gold secondaries easily fit within that umbrella. Its unlikely that federal laws will effectively be tightened to keep such ad hoc small transfer businesses from operating legally. steve --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.605 / Virus Database: 385 - Release Date: 3/1/2004