progress

[James A. Donald]

    --
Declan McCullagh wrote:
> > If the Feds decided e-gold needed to be shut down and took
> > very  aggressive steps, what would happen?

Steve Schear wrote:
> 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.

Observe that the crackdown on Napster has led to competitors   
that are less centralized and make vigorous use of encryption.

The existence of pecunix may well be what is deterring the   
treasury from a more vigorous crackdown on e-gold.   

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         James A. Donald
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