Re: e-gold News updated

Dr. Tomaz de los Santos:
> The only long term approach for an alternate and
> non-national-state-controlled currency is to run such an 
>'enterprise' as a 'cyber enterprise', with operates distributed 
>redundant servers all over the world, so no jurisdiction applies. 
> Will e-gold make this move? I doubt it. If they continue to exist,
> they will be an 'open book' to the FEDs, and/or become an evil payment
> operator like pRayPal.

I completely agree. To me, it seems very obvious that the ecurrency's
servers must be scattered/redundant across the world so that if one gov
seizes servers in one country that the entire operation is not
immediately affected. From a technical standpoint this is not hard to
do, but e-gold has never been known as one who was much into technology.  

e-gold is not near the point that they can win a battle of public
opinion versus the authorities right now. If the Feds in the US decided
that they were bored and wanted some action, they could just head over
to Florida and seize everything e-gold has physically and it would be a
page 28 story in the newspaper. Even it was an illegal search and
seizure with no warrant whatsoever. They say the word *terrorism* and
everything else becomes a moot point. 

Why the hell would ANYONE operating in what they know is a gray area do
so in the USA?

NUK