What is the point of e-gold?
Tuesday, June 24th, 2008If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
e-gold is a payment processor, which you can use to buy things online. I know, it sounds harmless enough, but I really need the answer to this question. What is the point of e-gold? Once you transfer egold into someone elses account you cannot request a cashback or refund. Even if someone steals money from your account it is too bad. HYIPs and Ponzi schemes always request payment by e-gold and I think this is because they know that people will not be able to get their money back or request a cash back once they realise that they have been scammed.
I feel that e-gold makes it too easy for scammers to run off with people’s money. They should close down HYIPs accounts immediately and transfer the money back to people who have been scammed. In fact they shouldn’t let a HYIP owner have an e-gold account at all, as all HYIPs are scams.
