1. They have asked us to forget about all the money we have in their system. I have a doubt if they will be able to settle this situation even after 2 years because similar things happened to E-Gold, E-Bullion and other top examples of past.
2. Even if some merchants and program owners still decide to use StrictPay, it will create a massive issue of preference since merchants will ask their customers or investors to deposit with new sub-account balance which can be withdrawn while payers will only prefer to spend their old account balances (frozen money).
3. StrictPay requires new money deposited in their system to be able to continue its operations. Just like every ponzi-based program if we will not deposit more money, we are simply told to forget about whatever we had in their accounts before.
please move this thread if this is not its right place.
This post has been edited by mfurqan: Jul 15 2010, 09:02 AM