Mark Herpel
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Articles by Mark Herpel
August 03, 2010
It is very difficult to convince anyone to put down their plastic. Digital currency attracts those people in cash markets wanting to do business online.
June 18, 2010
The evidence has been presented. Those responsible for enforcing the law and preventing future crimes have been repeatedly notified. The regulators at the CFTC are well aware of this activity.
June 18, 2010
From the UAE emerges a powerful new digital gold currency.
June 04, 2010
Dr. Karl Schutz is the architect of the Chemainus Mural Project and the founder of many innovative programs for promoting and establishing economic development through Arts, Culture & Tourism.
May 01, 2010
Ted Butler describes the silver market manipulation as a "Crime in Progress".
April 19, 2010
The second part of an extensive interview with Chris Gray the CEO for TimeBanks USA. See the benefits and advantages of starting a TimeBank in your local area.
April 19, 2010
With the global recession continuing, Time Banking is growing rapidly around the globe. Learn about this fascinating concept in action from it's founder.
April 18, 2010
"Treasury secretaries have repeated a commitment to a "strong dollar," suggesting that they were continuing to feed official gold into the market more or less clandestinely to support the dollar and suppress interest rates and precious metals prices."
April 16, 2010
Digital Gold Currency e-dinar is more popular than ever!
April 16, 2010
Dr. Zeno Dahinden discusses sales of the gold dinar and silver dirham.
March 23, 2010
Just as digital currency is money that circulates outside of normal banking channels, social lending is borrowing that takes place outside of traditional banks.
March 18, 2010
"September,15 2010 at a meeting of the Duma Committee on Financial Markets was the first meeting of the working group to prepare a law on electronic money. It demanded that representatives of the banking community to oblige the operators of electronic money to obtain a banking license."
January 13, 2010
GoldMoney holds almost a Billion dollars in cash and metal for customers.
January 12, 2010
Mr. Turk was also named DGC Magazine's Person of the Year 2009 and is featured on the cover of the January 2010 issue.
October 16, 2009
The U.S. restricts the movement of national currency to a digital account. All U.S. funds headed to or from a digital currency account must originate through a bank or bank product. Russia is just the opposite.
October 17, 2009
Webmoney Transfer bases a good part of its success on providing customers access to important non bank financial tools which easily match their budget and local circumstances.
October 17, 2009
Without a bank ATM card or visiting a third party exchange agent, this "money order" operation is how local Russians access cash without a bank account or ATM card.
October 17, 2009
Unlike other popular digital currency accounts, such as GoldMoney, where one account size fits all, the Webmoney Transfer system offers various currency purses
October 15, 2009
Webmoney Transfer is a Russian organization which was started in November of 1998. Webmoney's products are offered to a global audience but mainly cater to the local non bank population consumers in Russia, Latvia, Ukraine, Estonia and other surrounding areas.
October 15, 2009
Webmoney software connects users with a wide selection of independent methods for depositing and withdrawing cash from their online system.
July 27, 2009
Earn money online from affiliate sales and get paid in Webmoney. The RegNow Affiliate Program & Digital River offer their affiliates the largest selection of software on the Internet. It's now possible to sell any title and earn Webmoney (WMZ).
June 20, 2009
Commerce Gold is a digital gold company headquartered in Malaysia. Their business model allows local account holders to drop off gold bullion and receive digital credits in their c-gold account. The c-gold digital units may then be transferred worldwide via the Internet or spent on goods and services at participating merchants. Now two years old, Commerce Gold has moved from an exciting concept to a successful company.
May 19, 2009
The American Open Currency Standard, AOCS, is creating a nationwide network for bartering with silver.
May 10, 2009
85 yr. old blogger Anne Cleveland, talks of gold and freedom. When Anne speaks, we should all be listening.
April 21, 2009
Patterned after the successful Ithaca Hours in New York, the RiverHOURS Team takes their local business very seriously. The local community has worked hard over several years and made their community currency a local success.
April 01, 2009
The opposite of paper fiat currency, digital gold is a safe store of value which cannot be inflated or devalued by ´bail outs´ & ´government stimulus´.
March 26, 2009
iGolder.com A New Digital Gold Is Now Open For Business. Their Web Site Went Live Today.
February 26, 2009
WM notes are a new method of payment created and sold through Webmoney.EU These convenient digital notes for both online and offline use just might change the way Europeans view e-commerce.
February 18, 2009
American Open Currency Standard encourages the use of silver AOCS approved Private Voluntary Barter Currency for retail merchant trade and barter transactions.
January 30, 2009
The Indiana Honest Money Act. Please visit their web at: http://indianahonestmoney.com
January 29, 2009
iGolder is a sophisticated new Digital Gold company which is opening soon. The tools offered for online commerce far exceed anything previously available to DGC users.
December 24, 2008
WebMoney.EU allows for instantaneous and secure electronic money transactions... "this expansion or new e-money will benefit.... merchants who trade online and any user who works and spends funds online."
November 11, 2008
...it could be argued that e-gold digital currency has an unfair advantage over the US Federal Reserve because of the zero default risk of pure gold bullion.
October 07, 2008
One of the first things you´ll need is a mobile wallet…around the globe, there were an estimated 10 million mobile wallets at the end of 2007. This represents only one half of one percent of the total 3 billion phones now in use. According to Edgar, Dunn and Company they predict that by 2015 there will be around 1.5 billion mWallets in use. This represents an increase to 25% in the total subscriber base.
October 07, 2008
Digital Gold Currency is convenient, inexpensive and offers 24/7 liquid protection against the evils of today´s highly leveraged risky world.
August 27, 2008
iPurch® is, "...technology to open up the doors of e-commerce for hundreds of millions of previously shut out potential customers worldwide".
August 27, 2008
It's called Trading with the Enemy. U.S. persons doing business with Iran.
August 21, 2008
The FBI and IRS seized bank accounts, business records, property, and precious metals holdings from Goldfinger´s vaults, including gold and silver bullion worth approximately $24 Million
August 10, 2008
Is e-bullion Really Finished? Jean Harlow said, "When you lie down with dogs, you get up with fleas" and e-bullion is a very good example. If you allow Ponzi scams to openly operate through your financial business you will inherit some very big problems.
July 16, 2008
Could this be true or is this yet another fake e-gold story? That is what I thought when I first read this tale, but its 100% true. Yes, kidnappers demanding ransom be paid in e-gold.
July 14, 2008
The next time you pull out your plastic at the retail counter or type in your card number online, ask yourself, will my data be stolen today and used to fund a terror network? It happens all the time. What is your credit card company doing to prevent it?
July 10, 2008
How was it possible, after a decade of Internet changes, terrorist attacks on the US, the new Patriot Act regulations and a massive e-gold® indictment….how was it possible that this kind of criminal activity [stolen credit card sales] was still taking place using the e-gold® system? This is a huge question.
July 10, 2008
Stolen credit card data is traded and sold openly across the Internet. The costs that are incurred from card fraud are astronomical and trickle down to every retail consumers whether you are a victim or not.
July 03, 2008
Steve Renner's CashCards.net is now taking over the position as primary dealer for e-gold.
June 25, 2008
The regulatory changes expand Canada´s anti money laundering laws. These changes, which were so widely publicized as attacking 'e-currency' have no effect on the DGC operators which are not domiciled in Canada and do not even effect Canadian digital currency exchange agents right away.
June 16, 2008
One of the most important concepts to understand about Digital Gold is that all accounts are equal. DGCs do not have special merchant accounts that are different from any standard account. All accounts are equal so the moment you open a free Crowne Gold account you instantly become an online merchant. Crowne Gold provides you with the ability to accept online payments from the very moment the account goes live.
June 12, 2008
A recent Washington Post article attempts to paint Webmoney Transfer, a very successful global business, as a recent entry into the online payments marketplace for the specific purpose of serving child porn users. Nothing could be further from the truth.
June 09, 2008
Digital gold currency is a relative new technology. While DGC is ten years old already the use of digital gold is still not widespread with everyday consumers. Sylvain from xGold.ca has been marketing and working with consumers for several years now and helping DGCs win this battle with integration. He is a very sharp guy and always interesting.
June 07, 2008
With the US economy slowing down and the Dollar losing value, a few communities are taking a closer look at using pure silver as their local money.
June 05, 2008
This is part 2 of an interview with Dr. Zeno Dahinden, CEO of e-dinar. Dr. Dahinden reveals the convenient features of this established digital precious metals product, the market's growth, the popularity of gold dinar and silver dirham plus his lifetime of experience with Islamic financial products.
June 05, 2008
This is an interview with Dr. Zeno Dahinden, CEO of e-dinar. Dr. Dahinden reveals the convenient features of this established digital precious metals product, the market's growth, the popularity of gold dinar and silver dirham plus his lifetime of experience with Islamic financial products.
May 24, 2008
The ability to get ATM cash from your digital gold bullion account just got a whole lot easier. Announcing the Crowne Mint ATM Card.
April 30, 2008
iCoins provide many of the same features as physical cash but as online payments.
April 30, 2008
The ongoing struggle to fight terrorist financing now has the Costa Rican Financial system in a tight spot.
April 22, 2008
eBillme offers price, return and in-transit protection without additional fees. No credit card needed.
April 21, 2008
E-gold will be getting their day in court on the seizure action.
April 18, 2008
Widely accepted in the Toronto area, this community currency has been in operation since 1998. Merchants have no problem accepting it and can swap back to national currency several times a month making it very liquid.
April 18, 2008
The 1930' brought with it thousands of local community currencies. In Alberta Canada, during the mid 30' you could find a currency experiment named a "Prosperity Certificate". Despite its good intentions, the project was bomb. Find out why.
April 18, 2008
Here is a great grassroots currency system loved by the local that use it and a marvel to others. It more than a decade old.
April 18, 2008
Created in 1991, this local currency is powered by the people of Ithaca, New York. This system has been the model for dozens of other successful local currencies around the country and world.
April 16, 2008
In America the term community still means something important. In the Berkshire region of Massachusetts you can find a powerful community currency called BerkShares.
April 16, 2008
Webmoney has now made a public response to the SecurityFocus article from last week alleging that they do not cooperate with efforts to track hackers.
March 29, 2008
More than 35,000 walk in locations around the globe which allow cash-to-digital Webmoney account funding is just the beginning. Take a look at these cash funding partners the Webmoney Transfer team has in virtually every major city around the globe.
March 29, 2008
Digital currency users are not your normal banking customers. They have adapted, changed, upgraded and are now used to operating their financial lives outside the banking world.
March 27, 2008
Each year, the best and the brightest experts in the world of electronic payments meet in London, England. Discussion and debate focuses on the real issues at the heart of all electronic money. While this is an annual event it can be a once in a lifetime chance to meet and mingle with the industry´s top professionals.
March 27, 2008
An online electronic global payment system has to be created to withstand attack from all directions. The Webmoney Transfer purses are all designed with specific features to insulate and protect the users funds.
March 27, 2008
The safest and most feature filled way to access a Webmoney account is using their Keeper Classic Software, but they also offer a light version and a mobile version.
March 26, 2008
Gold buyers can now make their online purchases from Crowne Gold paying through IBAN. Crowne has set up a multi currency IBAN account for incoming and outgoing convenient customer online fund transfers.
March 26, 2008
Webmoney Transfer digital currency has experienced dramatic growth in the past several years and it appears there is no slow down in sight. Who do they do it? Here is a brief interiew with their Director of Corporate Affairs.
March 12, 2008
US Customers Can Now Hold Gold & Silver in their Individual Retirement Account.
March 05, 2008
Community Currency represents local value and Humboldt Country California has a very successful program.
March 01, 2008
Gold is a great hedge against inflation, but you need to own gold to benefit and not just talk about it! Here is some basic information on how to buy digital or physical gold.
February 20, 2008
Part two of my interview with Paul Tustain founder of BullionVault.com the easy place to purchase gold bullion online. BullionVault offers one of the cheapest and most efficient ways to buy and sell gold bullion.
February 20, 2008
For buying, storing, and selling gold online BullionVault is an excellent and cost effective way to go.
February 20, 2008
An expert for many years in privacy, Steve Topletz a consultant for XeroBank talks about protecting your online information. XeroBank's innovation and quality products lead the industry. Here is unique insight into that world.
February 20, 2008
Strong continued growth for Webmoney Transfer online payment systems.
February 20, 2008
How are digital grams of gold issued? Here is a closer look.
February 20, 2008
Is it possible to integrate gold currency or digital gold currency into everyday life? Perhaps but Gresham's Law tells us a few things about gold and money.
February 17, 2008
A consumer bank account based on gold bullion and bank branches selling gold bars? You must be in S. Korea as they are now leading in retail gold banking in the consumer market.
February 17, 2008
As Loom Software becomes more popular, programmers are adding their own personal upgrades.
January 17, 2008
2007 was a wild year for the digital gold industry. The price of gold soared past $800 and ounce while the US dollar crashed. Several DGC companies had a banner year and some were indicted.
January 17, 2008
The hunt is on for the Internet's best conspiracy theory.
January 17, 2008
An interview with Mr. James Turk. Creator of 'DGC' digital gold currency and founder of GoldMoney which contains the largest holdings of any gold currency.
December 18, 2007
WebMoney Transfer is the 2007 National Bank Award Winner for Best Online Payment System.
On 12 December, 2007, in Moscow a ceremony took place to announce the winners of the National Bank Awards. Present at the event were more than 400 representatives of the bank association, the leaders of powe...
November 28, 2007
Tuesday, November 27, 2007
Dear Liberty Dollar Supporters,
Usually at this time of the month, it is the deadline for the Liberty Dollar News, our monthly newsletter that has chronicled the Liberty Dollar for over nine years.
Of course all that came to a screeching halt when the g-boys raided ...
November 28, 2007
Exchanging physical gold for the digital version is now an easy operation if you happen to be in Penang, Malaysia. Located in the office rows on the 4th Floor at the far end of the Summer Atrium in the Bukit Jambul Shopping Complex, Commerce Gold has opened their first walk in location.
This shop...
November 14, 2007
This is an interview with Jim Davidson of Vertoro.
Jim has been an ever present force in the digital currency world for almost a decade. He shares with me his ideas on free market money, precious metals and digital currency. I appreciate Jim taking time to answer my questions.
Where does the n...
November 14, 2007
When building a larger and stronger online digital gold economy, which comes first the merchants or the users?
The merchants come first. But, the users are easy to bring. The reason e-gold became the leading digital gold currency is very simple: they had a referral program. Their referral program s...
November 14, 2007
Crowne Gold does not make the front page of the HYIP gazettes, and for a good reason…Crowne Gold is one of the most experienced digital gold operators in the industry (its a no scam zone). For persons wanting to buy and sell gold bullion and digital gold, this operation is one of your best chance at...
October 30, 2007
Digital Gold Currencies such as Liberty Reserve, Webmoney(WMG), c-gold, e-gold, Pecunix, GoldMoney, e-dinar facilitate Internet commerce around the globe without the risks of chargebacks, fraud or the high processing fees associated with credit cards. Anyone receiving a payment in digital gold curre...
October 25, 2007
CEC Timeline
October 2004 Starting around this date, the Defendants began their investment HYIP scam and defrauded investors of at least $19 million through the fraudulent offer and sale of securities referred by the name Capital Enhancement Club (CEC) and known as a “private joint venture investme...
October 22, 2007
These are real criminals. They are pocketing real millions and never getting arrested. I guarantee that after you finish reading the final article in this series on CEC, your jaw will drop and you will say out loud, “Wow”.
Peeling an onion, much like uncovering a scam, is never a pleasant experie...
October 22, 2007
Ukash is now working with Second Life’s Bulido Money Service for fast local cash funding of Second Life Linden Dollar accounts. Players don’t even have to enter the virtual world to get L$’s they can go to Bulido and make a purchase. Bulido also accept the paysafecard, which is popular for funding W...
October 22, 2007
Today’s online shoppers have a multitude of alternative payment options. Some of the more successful payment methods offer a secure interface, maximum privacy and easy to understand integration which matches consumers’ attitudes towards paying online.
A majority of online shoppers also now have a...
October 15, 2007
GoldMoney has just announced the introduction of a new storage facility in Zurich, Switzerland. Any GoldMoney client buying or selling goldgrams®, now has the option of storing their precious metal in either London or Zurich. Since safety is such a big factor in today's global economy, diversifying...
October 13, 2007
The fine team of professionals over at the the Liberty Dollar organization is soon to introduce an exciting new debit card product. This innovative card is known as the Liberty Gold Card is now heading into active beta testing. More information from Bernard von NotHaus as it becomes available.
Th...
October 13, 2007
The US Dollar has been dropping like a rock lately and this has many online financial services looking for safer options.
Even online poker networks are moving away from US Dollar accounts in favor of the Euro. This should be no big surprise for anyone since the UEIGA prohibits play and US gamble...
October 13, 2007
About a month ago, e-gold Ltd. released an audit report detailing their exact amounts of precious metal stored in London and Dubai. The important information to note in this report is that every digital unit of e-metal circulating on the Internet including e-silver, e-platinum and e-palladium is 1...
October 13, 2007
Yesterday, October 8, PayByCash™ announced that they have an exclusive agreement to process Malaysia’s MOLePoint stored value Internet cards and eWallet payments.
With this agreement, PayByCash™ has expanded their online merchant resources and serve clients in over 230 countries. Since 1998, PayB...
October 13, 2007
Metdeal.com has published an audit report showing the gold bullion stored by WM Metals FZE in Dubai which is the Webmoney Gold Guarantor. The audit shows 30 kilos of gold on deposit as of September, 2007. Metdeal FZE regularly undergoes required audits.
Webmoney Gold (WMG purse) is a very excitin...
October 13, 2007
GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report now tells us that gold could be headed higher.
More Records Are Ready to Fall--Gold ended the week and closed the month of September at $742.80. For the second week in a row, gold closed at the highest level since January...
October 12, 2007
FYI, a ‘dump’ is a slang word for stolen credit card information and usually contains among other things:
-Name and address of card holder
-Account number
-Expiration date
-Verification/CVV code
This article was originally titled "Ten Things You Can Buy With E-gold" however I've shortened this ...
October 12, 2007
A Digital Currency, like Pecunix, is about as-close-to electronic cash as we are going to get in this decade. Just like any cash transaction, it is impossible to regulate ‘who’ uses the currency or what it is used for….
As your local bank teller does not ask you what you are planning to do with y...
October 01, 2007
I’ve learned the past few years that ‘working online from the Philippines’ means ‘earning money via the Net’. Blogs like PinoyMoneyTalk.com and PinoyTechBlog.com have long been favorites of mine.
The past few weeks has delivered some very good news for local Philippine Internet entrepreneurs. The...
September 20, 2007
Is This Proactive Move By e-gold Having The Desired Effect?
Yes! ‘Investment web site’ operators and promoters are moving OUT of e-gold and into other offshore digital currencies.
Look around and you will find dozens of posts like these from the HYIP promotional webs, known as monitors. These ...
September 20, 2007
It now appears that Dr. Jackson and the team over at e-gold Ltd. are making some bold due diligence moves in order to stop their digital gold currency from being used by HYIPs, Ponzi scams and AutoSurf programs.
These preventative measure will certainly not create an easy road ahead for the e-gol...
September 14, 2007
What does the future hold for the US online payments market? It seems there is always an exciting variety of new payment options emerging so let me introduce you to a future contender. Secure Vault Payments.
Since the new Payment Card Industry (PCI) Data Security Standards, which were enacted bac...
September 14, 2007
e-dinar.com is a digital currency which has been around for many years. It is very similar to e-gold.
Their current e-dinar payment system is practical, private, very secure and 100% backed by gold. Unlike an actual gold dinar, an e-dinar is divisible into smaller units. The online version is div...
September 14, 2007
Chinese authorities are taking a hard line against online ponzi schemes! Their Ministry of Public Security just arrested more than 3300 organizers and core members across 14 different provinces and cites in China.
The scheme, operated under the name of “Swiss Mutual Fund”, required each investor...
September 14, 2007
Have you ever received an email which seemed like it was from e-gold Ltd., Bank of America or PayPal….but it was sent from a hacker phishing for your info?
It would have read like this, “….we are making changes to our security, or there has been unauthorized activity on your account….you need to ...
September 09, 2007
What does it take to become a digital currency exchange agent in the US?
Currently, the financial rules and regulations are unclear. Digital currency and digital gold, like the Internet, are only about ten years old and there are no specific laws on the books yet regarding whether this stuff is c...
September 09, 2007
We’ve all heard about virtual credit cards. To use one, anybody can simply pay the preset card amount and fee in advance, receive the numbers online and go shopping over the Internet. There is no actual plastic involved. The phrase ‘virtual credit card’ just got a bit more interesting.
Online mon...
September 03, 2007
A Ponzi scheme is a fraudulent investment operation that involves paying abnormally high returns (”profits”) to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business. This type of scam is named after Charles Ponzi. wikipedia
About...
August 30, 2007
This month marked Google Checkout’s one year anniversary. Originally called the ‘PayPal Killer’, Google Checkout has gained wide market acceptance over this past year. Additionally, PayPal has done very well in the same period.
The public appetite for online purchases and Internet fund transfers...
August 30, 2007
On August 23rd the total number of registrations in the WebMoney system passed the 4 million mark!
Starting back in 2004, new registrations in the WM System have added at least one million each year. Annual totals on customer financial transactions during this same period have been doubling annua...
August 27, 2007
Its not the first virtual online stock exchange but I’m sure it will prove to be one of the most popular. What is it?
The World Stock Exchange (WSE) is owned and operated by Hope Capital Pty. Ltd, an Australian company and existing only in the virtual reality of Second Life® and Linden Lab®. It i...
August 22, 2007
About one week ago I wrote a story about how online scams, pyramid schemes and Ponzi frauds were alive and well swindling Internet money from people around the globe. I tried to illustrate how digital gold currency is the preferred method of payment for most scam operators. Millions…no TENS of mill...
August 20, 2007
It is always great to see more online payment options for cash shoppers.
In Malaysia it was just announced that Tune Money Sdn Bhd by the year’s end will have over 1,400 new offline payment locations for online shoppers. Shop online but pay locally with cash. The offline connection is through Pos...
August 20, 2007
Why do people send money to HYIPs scams?
Have you heard of the Christmas Miracle? Well, this is very similar….
Explanation number one: “There are always going to be greedy people…if those greedy people are so stupid to believe in a 600% return they SHOULD lose their money.”
Tomorrow if you ...
August 20, 2007
Now you can send and receive money almost instantaneously using your cell phone. No bank account or credit card needed, but if you have them, you can also add those to your Obopay account. This paragraph from their web says it all,
“…the only service that lets you instantly get, send and spend m...
August 20, 2007
All those Internet millionaires started somewhere small. If you are on your way up the .com ladder and would like some simple, free, legal advice on how to get going and stay on top of your game, the American Bar Association offers a great new web site that can help you achieve your online business ...
August 14, 2007
It is widely discussed in my Internet circles and suggested in many others that ‘online porn’ helped to fuel the Internet’s growth during it’s early years. Not something that makes us all proud, but you can’t argue with the facts no matter how ugly they are….
It is also very well documented that ...
August 14, 2007
GoldNowBanc is now operational and the new auto-account link should be up at the GoldNow site within a day or so. To register, you’ll need a valid email address. If you cannot wait for the autolink, ask them to manually generate a new account.
GoldNowBanc Grams are 100% backed with gold Krugerran...
August 07, 2007
Loom software makes it possible to transfer digital title of an asset via the Internet. The actual asset may never change hands or move locations but ownership or digital ‘title’ to that asset can change dozens of times or more each hour. Its also possible that the asset may not even be a physical o...
August 07, 2007
There’s a VegasMojo, one in Atlanta, Chicago, Nashville but the company’s headquartered in Louisville.
LouisvilleMojo.com is their largest city-site with 250,000 locals serving over 100 million pages each month. This is a fun online social network which is very successful at creating popular ‘loc...
August 07, 2007
Dear Mr. GDCA President,
I have been writing and blogging lately about the possible or alleged recent issues regarding e-Bullion. I feel, as do many readers, it is important to determine whether these possible issues are rhetoric, a few unhappy agents or possibly big events that will effect the i...
August 06, 2007
The e-gold web site has finally added a blog and with this humble sentence a new era in communication has just begun….
“Hi, I’m Douglas Jackson and this is the first entry of the e-gold blog.”
Most readers will know what I am talking about because over the last decade getting casual comments ...
August 06, 2007
Welcome to Amazon Payments. It has a lot of competition like PayPal, Google Checkout and all those online merchant account services but with Amazon.com’s built in global retail market, this new ‘payment processor’ is sure to be a big hit. Here is their pitch…
Amazon Payments provides you with th...
August 06, 2007
In July a number of press releases and bulletin boards were talking up a new online currency named V-Coin.
This new business is an online payment service. Its a closed system and like e-gold all transactions are final, but the digital dollars cannot be exchanged by third party agents so it appear...
August 02, 2007
In a July 25th press release cashU, one of the largest Internet payment systems in the Middle East and Africa, announced they have now partnered with Webmoney Transfer.
From this partnership, it is now possible for anyone with a cashU card and fund their Webmoney account simply by visiting the We...
July 30, 2007
All day long I surf the Internet reading web sites, scanning blogs and sorting news feeds. The targets of my quest are usually found in the digital currency/financial services arena. I love discovering new methods of payment and ways to transfer assets using the Internet.
I prefer the new legal a...
July 25, 2007
Some very exciting news from the Webmoney team…. Their new digital GOLD currency, WMGold, is now live. (WMG purse) .
All funds located in a WMG purse are 100% backed by gold bullion. The main agent I’m directed to is Metdeal.com and the price per gram (bid-ask) is posted on their web site. Or if ...
July 24, 2007
(Q) Who would you consider to be your main competition and why?
There is no system quite like Liberty Reserve, which combines superior account privacy, excellent political jurisdiction, irrevocable payments, and state of the art security.
(Q) Are there any limits to how much money I can fund i...
July 23, 2007
Today I am interviewing Mr. Joul Lee the ‘Marketing Manager’ for Liberty Reserve Digital Currency.
Liberty Reserve is a 100% irrevocable payment system and digital currency. Liberty Reserve customer funds are protected by an offshore Trust, and at all times accounts are 100% backed by U.S. dollar...
July 22, 2007
Back in May, I wrote an article “Who’s Still Alive? 20 E-gold Agent Profiles“. This piece can be considered a follow up to that item.
One angle I’d like to explore, is just how much of e-gold’s business ‘jumped ship’ when they hit the wall. Are they fading away into the distant sunset? One way to...
July 20, 2007
There is a great UK news source I often read called the Guardian Unlimited. About a month ago they ran a story entitled, “Card fraud ‘being decriminalised’. The title naturally caught my eye. I don’t use credit cards and don’t own one.
For many years now I’ve just used digital currency I like the...
July 16, 2007
Another successful digital gold currency operation is now emerging with c-gold.com. It is always great to see healthy competition any industry or business, but with today's regulatory environment it is especially exciting to watch c-gold showing early signs as a possible leader.
Headquartered in ...
July 15, 2007
PayPal has just announced the launch of Mobile Checkout, a service allowing consumers in the U.S. , U.K. and Canada to buy items securely using cell phones and the mobile web. The partnership with GPShopper, the leader in mobile product search technology, enables PayPal users to search for products ...
July 10, 2007
Continued from part 1
(Q) If you had 10 minutes of face to face discussion time with each of your customers, what is the one single idea you would try to teach each one of them about freedom?
(A) hmm, that is a really good question and one that is not easily answered. I don’t believe that ALL ...
July 10, 2007
The Phoenix Dollar was created in late 2005. The company is a silver bullion retailer offering their own brand of pure silver bars, disks and even digital silver holdings which is 100% backed by bars in a secure vault.
These accounts are free to open and the Phoenix Dollar community offers some e...
July 07, 2007
WebMoney Transfer has grown into much more than a local Russian payment solution. In the years they have been online, Webmoney has expanded into a global payment system transacting billions of Dollars, Euros & Rubles each year. Soon, it appears they may also offer a gold based Webmoney currency type...
July 04, 2007
Loom software is Open Source so as it grows, we will see new and exciting additions, modules, upgrades and user friendly add ons. Its very exciting to be in on the ground floor of this advanced Internet value transfer system.
From the Loom News Page:
We have made gigantic advances in the Lo...
July 04, 2007
Today I’m interviewing with the operator of the CyberSpaceATM (CSATM). The CyberSpaceATM is a new concept based on the Loom System of value transfer. It private, liquid and quickly becoming very popular.
(Q) I’ve read your web site and see the CSATM advantages: “There are many advantages to usin...
July 03, 2007
(Q) Your primary exchange agents for CSATM, how did you choose them? Or did they request to work with CSATM?
I contacted them. Having devised this system I knew I needed Exchangers to work with. I have also contacted more exchangers than accepted the ATM. I believe that as coverage expands, the exc...
June 28, 2007
PayByCash™ has just announced they now accept Maktoob’s cashU internet payment cards. CashU prepaid cards are a very popular online shopping solution across the Middle East and parts of Africa. I have written about them several times. (1,2) CashU cards are currently offered in 28 countries.
PayBy...
June 26, 2007
There was some bad news earlier today on a private email list which stated that last week’s motion by e-gold defendants to release their seized gold funds had been denied. The actual text is here:
MINUTE ENTRY ORDER denying [35], [36] Defendants’ Motion to Vacate Seizure Warrant and to Modify Re...
June 22, 2007
Assets, usage tokens, grids….what’s all this?
Read previous entries 1 and 2 so you can catch up on the Loom system or just watch the new Loom Tutorial Video.
There has been a lot of discussion in the past few weeks about Loom Gold and the Loom system. An Open Source ‘value transfer’ system, de...
June 22, 2007
These new Phoenix Dollar® Paper Silver Certificates are called SilverBacks®
Today the company released a preview of the certificates’ artwork showing the upcoming release of a private paper currency backed 100% by silver bullion .999 fine. The seven certificate series is called ‘The Seven Great A...
June 14, 2007
This sums it up,
“…there is no supply chain, product chain or merchandise management issue there. It is just cash and digital cash. There’s money to be made in money.” *bbcamerican.blogspot.com
Wal-Mart’s Money Card, not available in XXXL it carries just a $3000 prepaid limit. Wal-Mart is th...
June 12, 2007
New species and exciting new electronic money creatures are being spotted and catalogued around the globe each month. Its an exciting time to be alive.
Homo erectus was the one of the first creatures to walk upright sometime around 1.6 million years ago and he pretty much set a ‘trend’ for the re...
June 06, 2007
When money became digital, it also became much more complex. Conventional banking and legacy payments do not mix well with credit card fraud and identity theft.
At Home Security With In Store Convenience?
Today’s digital money is extremely complicated. The fight against fraud, money laundering...
June 06, 2007
When most Internet users think of digital currency they are picturing a Bank of America ‘online banking’ account or a PayPal account. Both of these prehistoric versions of electronic money helped to revolutionize the way our world handles e-commerce.
However, if you are ‘old school’ or just an ‘o...
May 30, 2007
Continuing interview with Sylvain Falardeau a Canadian Independent exchange provider for e-gold and Pecunix. Pt.1
(Q) What other services do you think digital gold users would use if you could offer them? Reoccurring billing such as subscriptions? Gold transfers to a Visa or MasterCard debit card...
May 29, 2007
Xgold.ca is a progressive independent exchange agent in Canada providing more than just national currency to digital gold services at low rates. Xgold.ca's web site business is fully automated and integrated with Canadian online banking. Today I am interviewing Mr. Sylvain Falardeau a Canadian Indep...
May 28, 2007
There’s a great documentary style movie available on DVD entitled “Super Size Me” which discusses a very important point about consumer marketing in America.
Filmmaker Morgan Spurlock, shows how one fast food chain targets & markets directly to very young children. The desired long term effect of...
May 26, 2007
"It ain't over, till its over" these famous words have been spoken by many fine people over the years. People who held beliefs and vision that drove them beyond everyday business situations and into what was later called 'greatness'.
It was announced today that OmniPay, e-gold's primary dealer,...
May 22, 2007
This has got to be one of the greatest online partnerships in history for the unbankable crowd (online users who still spend cash money).
Just announced, cashU, which is the largest Internet payment system in the Middle East and Africa has shaken hands and partnered with Ukash which is Europe’s l...
May 18, 2007
GoldMoney can now handle your banking and bullion transactions in house and offshore.
Customer Segregated Funds
In addition to a GoldMoney digital bullion accounts, they are now offering clients a segregated national currency ‘connecting account’ with their local Jersey bank. Customers can now d...
May 18, 2007
More great news for Webmoney Transfer.
It’s hard to keep up with the rapid pace of Webmoney’s expansion throughout the global e-commerce realm. If I understand it correctly, this just announced deal with CronoPay and Yandex.Money will integrate Webmoney payment options into CronoPay’s CC shopping...
May 16, 2007
Should you hold on to your e-gold and wait out the storm or sell it?
Many digital metal customers are holding on to their gold which may turn out to be the smart move. However, some users have no choice but to sell frequently because the cash flow is a big part of their legit daily business. Tryi...
May 16, 2007
That MasterCard® commercial is great. You know the one where the guy running the marathon steps into a convenient store, grabs a soda, swipes his card and runs out. Ah, the luxuries of modern life, how did we live so long without them all?
But what about that guy you noticed riding the subway who...
May 14, 2007
In the days following the indictments of e-gold, Gold & Silver Reserve and the e-gold founders along with dozens of exchange agent accounts being seized…a lot has happened to the e-gold industry.
Seizures - In the last week or so, some $11 million USD(48 bars) in gold bullion has been redeemed fr...
May 11, 2007
This new account feature makes cashU one of the first Internet payment services in the world to add parental controls for online shopping.
In case you are not familiar with cashU, their business is largely based in the Middle East and Africa. CashU markets prepaid cards in roughly 20 countries th...
May 09, 2007
ClickandBuy just landed a new US client. NY:MIEG or The New York: Media Information Exchange Group chose ClickandBuy as its only payments processor to handle all of its seminars, panels and special events. ClickandBuy, will now be accepting incoming payments from event ticket sales.
NY:MIEG found...
May 09, 2007
You will probably never see Amazon or Overstock.com accepting eCache as a method of payment, however, more and more old school digital currency users are spending DBCs (digital bearer certificates). With the e-gold community still rocking in the wake of recent indictments, creative minds are now mak...
May 09, 2007
MindArk PE AB, the company responsible for the virtual world Entropia Universe has just announced the new owners of 5 virtual banking licenses. The 'virtual licenses' were auctioned off by MindArk and after months of bidding (since Jan.), the five licensed sold for over $400,000. An amazing price in...
May 03, 2007
After years of hearing about e-gold's commitment to fighting child pornography, like many others, I was surprised to see allegations relating to that area of e-gold's payment business.
So I decided to go back and do some reading and I have to say I'm shocked that anyone could fashion that opinio...
May 01, 2007
Part 1
(Q) I think one of the smartest tools the Webmoney system offers is the WMpassport. I see from your web that there are more than 10 variations of Webmoney Passports. Which Passport do must users have?
Internet-based currency, even being not formally linked to banking system, should comp...
May 01, 2007
Melbourne, FL - On Tuesday a Federal Grand Jury handed down an indictment charging e-gold Ltd., Gold & Silver Reserve, Inc., and the Directors of both companies with money laundering, operating an unlicensed money transmitter business, and conspiracies to commit both offenses.
Dr. Douglas Jackson...
April 29, 2007
WebMoney is a powerful online payment tool. The proprietary client software enables Internet users to conduct real time secure transactions using multi currency WebMoney units (WM-units). This 'WM Keeper' software provides users direct digital money access and allow users to manage their accounts fr...
April 29, 2007
It was clear early in the day, Friday April 27th, that many large e-gold accounts had been frozen or blocked by a US government action. Additional information early in the day on why or how government authorities ‘froze’ the accounts was unknown.
Late Friday afternoon the Justice Department put o...
April 28, 2007
It now appears this morning that all large e-gold exchange agents doing business with US clients have had their e-gold accounts seized by US court order. The following information has been confirmed:
These large exchange agents have had their accounts seized: Icegold, AnyGoldNow, 1MDC, Omnipay. T...
April 24, 2007
Need to shop online but don’t have a credit card?
In the US, you can waddle down to any grocery store or convenient store and buy a prepaid Visa or MasterCard. Then just turn on the old PC and go shopping. Of course if your purchase is not exactly $25, $50 or $100 you are left with a strange unus...
April 18, 2007
In Canada you can pay your bills with e-currency such as e-gold or Pecunix. Xgold.ca is the Canadian exchange agent which offers direct bill pay for all Canadian clients. There are over 2300 Canadian outfits you can pay online direct using this innovative service and your digital gold currency. Clie...
April 18, 2007
(Q) How many types of payment can ClickandBuy deliver to a European customer? How about a customer in the US ? Asia ?
First off, whenever we enter a new market we immediately offer the standard credit and debit payment types. In addition to this, we offer over 40 additional localized payment meth...
April 16, 2007
Online payment specialist ClickandBuy LLC has offices in New York , London , Zug , Switzerland , Cologne , Germany and India . The company offers an advanced Internet payment and billing system. Their product is considered a full-service solution for e-payments, with an emphasis on the more complex ...
April 12, 2007
Back in the days of the wild west, the United States was brand new, small town business was fresh and un regulated. A person could claim their fortune and leave their mark on just about any industry they desired, granted they had the savvy, smarts and cash to conquer the competition.
Flash forwar...
April 12, 2007
Let’s start with some basics which will apply to all ‘e-currency’ scams and schemes.
It will then become your job to test out some possible targets and comment on the e-currency webs you find. I look forward to reading your comments.
You should be able to recognize an e-currency scam when the ...
April 12, 2007
I am interviewing Timothy Thomas from FriendlyPay and his associate James Holland.
(Q) When was FriendlyPay established, and what were the aims of the company at that time?
It was established in 2003 by Timothy Thomas of Canada. In the web marketing arena there were 3 dominant players; Paypal, S...
March 29, 2007
Webmoney is what I consider a digital money ‘mover & shaker’. The aggressive online currency company is changing, adapting and quickly growing along with it’s Internet financial surroundings. I like Webmoney and write about them often *1,2,3,4. If you don’t yet have a Webmoney account, I would invit...
March 06, 2007
GoldMoney is the largest digital gold currency on the Internet. As of February 28, 2007 the company holds just under $200 million dollars in gold bullion for their clients.
This company is run by a very sharp businessman named Mr. James Turk. He has been dramatically successful at building his gl...
February 28, 2007
This is the final piece in a three part series. Part 1 and Part 2 are available.
Where do we go from here?
What do the next few years hold for e-gold Ltd and all of the assorted HYIP scams? Will there be huge growth as in the past two years or will a changing business environment cause their c...
February 21, 2007
In a move which has resulted in compliance with the Unlawful Internet Gambling Enforcement Act of 2006, e-gold has added a software option for all user accounts that will prevent gaming companies from allowing US account holder payments. The addition seems to make e-gold digital currency safe for al...
February 19, 2007
Separating fact from fiction.
Here is what Chris says about the current e-gold situation. Based on his post, I’m assuming that he heard this from the 1mdc admin.
“The USA government has 3 us officials (investigators) constantly filling out paperwork, to 100% freeze e-gold accounts that h...
February 14, 2007
This item appeared in Chris Mono’s Earnings Blog. I’m not recommending the blog, but this post is worth discussion. I found it via Google Blog Search keyword ‘e-gold‘ which is a very good way to keep up to date on any topic. A summary of this Feb.12 post is below with lengthy comments. My post here ...
February 07, 2007
On a darker note, we now learn that the FBI has actually frozen the funds of all US clients, which were still ‘on account’ at NETeller the online e-wallet. It was earlier believed that the digital money would be refunded to US players and now they are calling it evidence and the cash is on ice.
S...
January 31, 2007
From the World Economic Forum, Microsoft announced that they are now developing an online payment system. It is no surprise to see Microsoft getting in on the digital money game, however, it is a big surprise to see they are setting the lofty goal of super low transaction fees.
Bill Gates has sai...
January 25, 2007
Growth of ‘Virtual Game Currency’ such as the Linden dollar from Second Life, is booming on the internet. With such widespread use, new businesses, organizations and concepts are being created to exploit these young financial worlds. One such business is Ginko Financial. Ginko takes advantage of the...
January 18, 2007
Our friends over at ClickandBuy just sent over their most recent press release (below) and it is a very good one. Intel Capital, which is the investment arm of Intel Corp. has now invested a substantial amount of cash into Firstgate Holding, the owner of ClickandBuy. Some other 2006 investment part...
January 09, 2007
Here is a very simplified everyday explanation of ‘Digital Currency‘ and a description of the similarities with real cash.
Real physical cash, used in everyday transactions, is totally anonymous. The buyer or seller in any transaction does not have to exchange details, the transactions are instan...
January 09, 2007
WebMoney is a well known and popular online digital currency. WebMoney enables worldwide users to conduct secure online transactions in real time. The transactions are not reversible so there is no chargeback risk to merchants. The company has well over a million users at this time.
It is free to...
January 09, 2007
Last month, December, 1MDC finally introduced spend fees. Spend fees are ONLY charged to those users who receive more than 100 spends per month. Most users are coming in at way under 100 per month and still pay NO spend fees at all. Plus there are no monthly storage fees at 1MDC!
Now the world’s ...
January 05, 2007
Prepaid debit cards are a very popular method for digital money users to exchange their digital currency into green cash. In case you need cash right away, debit cards are cheap and handy to have around. Cards can be reloaded, so anyone can own one or two cards and continually use them to access the...
January 02, 2007
2006 was a tumultuous last year for online casino gambling. In July, David Carruthers CEO of BetOnSports was arrested in Texas while making a connecting flight from the UK to Costa Rica. He and others were charged with allegedly committing conspiracy, racketeering and fraud while taking sports bets ...
December 28, 2006
Like other digital currencies located in the United States which are now under a microscope pending new US laws and regulations…and facing trouble from the US Mint, in early December, NORFED Inc. was dissolved by the Board of Directors. Immediately after, the old company shed its skin and emerged wi...
December 18, 2006
For well over a year now, I have been very excited and closely following the emergence of NFC-enabled mobile phone services opening in the United States. This type of cell phone payment service allows you to leave your wallet at home and just use your cell to pay for everything from gas to groceries...
December 14, 2006
From the United Kingdom, the EFT firm ‘netCash‘ is going straight for PayPal’s client base.
Make no mistake about it, they are marketing their brand new online currency as an alternative to PayPal and plastic. Editor of E-Bay advisor magazine David Bradforth tells us, “Finding a payment system th...
December 14, 2006
ClickandBuy Version 2.0
The company is saying “the latest version of its digital payments platform, will enable merchants to provide more billing options and will allow consumers to create new accounts where they can hold money on balance in a personal ClickandBuy account. Once the account is set, ...
November 30, 2006
What is atmdirect?
atmdirect is a payment processor that enables online merchants to accept secure PIN-based debit card payments and authentication services over the Internet. Unlike a credit card transaction, the bank 'debit card' transaction REQUIRES you to enter a Personal Identification Numbe...
November 22, 2006
The thieves no longer have to physically ‘pick your pocket’ to steal your wallet’s credit card and personal information. The new RFID technology used in the plastic cards (not all cards use RFID yet) may be transmitting that financial & personal info right now from your pocket or purse.
Millions ...
October 30, 2006
We heard way back in March 2006 from Ina Steiner of AuctionBytes.com (who seems to be a physic) that PayPal was launching a new Mobile-Payment Service. The user-to-user application allows PayPal users to send a payment to another person via text-messaging. The sender must know the recipient’s mobile...
October 23, 2006
It was nice to see Federal Prosecutors unseal an 18-count indictment on two Delaware men now facing 'phishing' and identity theft charges!
As often as I get those darn 'phishing' emails it seems almost a miracle to read about someone actually getting caught. Even though I try to never wish harm o...
October 16, 2006
The 41st Parameter, a company that creates some of the industry's most advanced Internet fraud prevention solutions, is now saying that the credit card fraudsters have created such an advanced scheme that they are coordinating attacks against online merchants by using personal, digital and financial...
October 16, 2006
The very well informed Ina Steiner from AuctionBytes.com wrote on Friday that eBay’s online payment service PayPal now supports payments in 10 new currencies. This allows customers to send, receive and hold funds in any of 17 total currencies worldwide.
eBay buyers can now pay for merchandise in ...
October 12, 2006
Level 4 ‘Digital Gold Currency’
All of these accounts are free and simple to open!
‘Digital Gold Currency’ or DGC, as it is commonly known, is different than most other privately issued Internet units of value. These well seasoned companies, their hardware servers, banks and business offices a...
October 10, 2006
Today’s topic is level (3) ‘Online Currency’
All of these accounts are free and simple to open!
An ‘Online Currency’ is a privately issued electronic unit of value similar to the units previously discussed which were lower on the pyramid such as ‘Online Payment Systems’.
There are two huge ...
October 10, 2006
This is part one in a three part series on the introduction to online and digital currency. Today’s article will only discuss the bottom two levels of this currency pyramid. Next week we will add a few new sections and complete the series. We will try to explain what makes up each category or layer ...
October 05, 2006
It was not to long ago that some US paper currency was also known as "silver certificates". You can still find these old bills in coin shops and printed right on them is "...In Silver Payable To The Bearer On Demand".
However, the complex financial economies of today seem to have grown so large ...
September 12, 2006
Pecunix digital gold currency is a fast and secure method to send or receive online payments. Pecunix is a global virtual currency. Account holders are not restricted by language, borders or expensive foreign currency conversions. The value of a customer’s account is backed by pure gold bars held in...
September 04, 2006
The GoldMoney advantage: Effortless buying and selling bullion transactions for customers and 100% pure gold or silver stored in a secure and insured vault!
If you have been watching the world news lately, you may be thinking of adding some gold to your savings portfolio. Historically, precious m...
August 31, 2006
These are easy to follow suggestions for safely operating your e-gold online currency account.
Protection: Protecting your computer should be a top priority for the daily operation of an e-gold account or other online digital currency account. E-gold is non reversible and all transactions are fin...
August 25, 2006
Many new online payment systems have populated the Internet over the past 5-6 years. Moneybookers is one of them and today boasts over 2 million users.
Moneybookers is a global payment solution and available to Internet consumers worldwide. Customers even have the choice to create an account deno...
August 20, 2006
FAQ (1) Why is my e-gold balance showing ‘Weight Equivalent’? Why is it not like my PayPal account and showing me an exact dollar balance?
e-gold accounts are denominated by weight. The ‘balance’ of your account will show in grams or troy ounces, not Dollars, Euros or Yen.
Since the daily pric...
August 08, 2006
Are you looking to buy or sell digital gold currency and want to save on exchange agent fees or just get a better price for your gold?
Then you will want to visit www.open2exchange.com
Open2ExchangeOpen2Exchange is an open trading market for anyone wishing to buy or sell digital gold currency....
July 26, 2006
Which is better Digital Gold Currency or PayPal?
Could your web business which currently accepts PayPal benefit from the addition of a digital gold currency? Would your online sales expand if you accepted a digital gold currency like e-gold?
In this brief article we are making a quick comparis...
July 25, 2006
KushCash is a new easy way to send and receive mobile payments. The new KushCash system brings a unique currency format that offers total financial convenience to cell phone users. Plus, this new system will operate fine using a pre paid cell phone. Defined as an alternative payment system, a KushCa...
July 23, 2006
If you are selling retail products online then you may want to start using Gold-Cart. Gold-Cart is a fantastic free application which will instantly allow your web to accept four Digital Gold Currencies.
In just a few minutes, you can begin accepting all the major Digital Gold Currencies and hav...
July 21, 2006
If you are selling online in the UK, you should be on the top of your game. UK Internet sales are soaring.
According to Booz Allen Hamilton, over just the past 5 years UK Internet sales have increased by upwards of 350%. It is now projected that the happy online shoppers will be spending around ...
July 18, 2006
When the Internet was created a new online global economy was born. This new universe included instant e-mail, instant messaging, online banking and a host of other services which were never before available to the everyday shopper. Selling products to buyers in another State or country soon became ...