I have heard many times that US goverment is trying to shut down e-gold. Can someone tell me why? Is this a rumour or a reliable fact? Thanks.

It's a real fact. THe US government is trying to shut down e-gold because e-gold is used by many criminals and may be terrorsts. E-gold is an anonymous money system and the US government don't really like the word anonymousr neither systems offering that kind of privacy. They don't like the fact everyone can use fake name and register acc ... that everyone can use E-gold and that there is no document verification.

will they succeed? I mean how can the U.S. government do that... they have no authority.... if they do then this world is stupid and is run by America which it shouldn't be.

The U.S should not do this.... getting rid of gambling was bad enough... i live in america and i'm already pissed.... i'll be even more angry if they get rid of egold....

I doubt they will be able to do anything about egold. The government should be working WITH egold to find terrorists, not against egold.

are you short of egold or have no gold at the moment??because these sorta questions are either raised by newbies who are rather doubtful before they would make good money egold will shut their doors.

common man, get out there in AS or hyip section and start earning some money before anything happens..

who has seen future?? did ya?

just chill out and get in on the board to earn some quikies because no one knows what's the future..

just forget abt it as US and egold will operate as long as internet is alive and when internet is dead egold is dead..

Will they succeed? They have already succeeded... All funds of e-gold on american banks were frozen 3 months ago...

but e-gold was smart and had like 60% of total funds on several banks in panama and europe...

WHy do you think that these days so many accounts get suspended? E-gold is under pressure.

the best thing for e-gold to do is to move to panama and set up the company there and boom all problems gone...

US government cant do nothing on them anymore. But dont be afraid e-gold will do this in the future they only got to think everything out.

time will tell my friends...

You are wrong.
I will explain you how the things works. US will not success but they can atleast cooperate with E-gold because the e-gold office is located in USA ! This is a big mistake which E-gold made. They could have and offshore office and everything would be different.
About where the funds are located it's not true. First the funds are not in USD but in gold to backup the gold system. The gold bars are located in bullion accounts in London and Dubai.

Hummm i thought E-Gold is already an offshore company, who claims that Our clients do transfer gold to each other.. we aren't payment system..
People just trasnfer worth of gold = USd or any currency ..
correct me if i am wrong..

You are not wrong the problem is this. Their company is offshore ( also the transactions ) but what can stop the US government when they want to look in the transactions ??? They just visit the office of E-gold with FBI , close it for sometime ... take what they need and they leave. There is a different between real offshore and offshore business from parts. USA want to be everywhere. It's understandable that maintaining and office in USA is a very big mistake and they will want their fingers to cross the business.

Well they try to shut down EVERYTHING, not just e-gold

I agree with you

The United States is just upset because its money-hungry and wishes it could capitalize from all the egold fees on a daily basis...

Lol. But seriously, E-Gold is a haven for criminals and terrorists alike due to the anonymity it offers. The US Government may just be successful in closing it down. E-Gold is already under a lot of pressure right now and have started blocking Iranian accounts, some of whom are undoubtedly innocent.

I don't know if it's right or not. Some good guys will lose money too ... about criminals and terrorists it's ok but the honest people are losing too ..

i don't think they must closed egold becoz of terorism... how about press egold, so people who want to have egold acc. must give their identity document to egold

Wow a system used in hyips and autosurfs I don't believe there are terrorists really ... it's just a BS ...
I thought these terrorists have millions and billions while e-gold transfer everyday maximum about 5 millions dollars ...

"It's the terrorists" is a far too often used excuse these days when the US government wants to take control of anything. The only terrorists these days are US govt created, funded, controlled patsies. It's all about control. How do you think Bush was able to stomp all over the Constitution despite taking an oath when he entered office to protect and uphold it?

It's true ! I think the same jafar. USA want to rule the world

e-gold is an e-currency that is probably outside US regulations, am i right ?

Actually, According to this very recent article:
http://www.wired.com/news/technology/0,722...ml?tw=rss.index
Its the other way around.
Jackson made some searches through memos and user's IPs and whatever and "decided that law enforcement needed to know about what he'd found.
He'd received and complied with hundreds of subpoenas in the past -- from FBI, Secret Service, Drug Enforcement Agency and international law enforcement agencies. But this time he had trouble finding someone to work with him. Since the Secret Service had already dismissed him, he approached the FBI and U.S. Postal Inspection Service, but got the runaround"

So it seems it's not THE USA pushing E-gold for information but the owner of e-gold is pushing to give the USA agencies information. I'm sure he will break his own privacy policy and terms but I don't care as I'm not a criminal or bad person ...I just don't like the fact that he kiss their asses.

IMO, I don't think it's really the feds we got to worry about.

They know full well these online scams exists and are running rampant by the hundreds, but I imagine they don't want to get involved because they couldn't really just pick one or two to go after, doing a half-a$$ed job isn't their style and wouldn't look good... they'd have to launch an all out investigation to bring this stuff down, and they simply don't have the time nor the resources to waste on that nonsense.

The thing that concerns me though is what sort of agenda this jackson has, and why he's trying to blow the whistle after all these years.

me too ... I wonder the same

uhh if egold was closed then ??

i do agree with you also..

But that idea was also good for safty that If e-gold pick an ID card + Home bill from all account holders for verifications then heaps of scams will close .. and many scamers will run away..

I read in Intgold folder that they did the same and went down.. as one of my friend told me he lost over 1500$ in funding a intgold card as well.. they were shutdown by USa ..
weren't they offshore?

by they way what was evo Cash story can some one clear me.. was it closed by GOV .. or they were scammers also.?.

These e-currencies sound's scary.. but very usefull if we use for positive purpos..

Hope nothing will happen with E-gold.

LOL....there is nothing "offshore" about egold besides their corporate registration. The servers are in the USA. The offices of egold are in the USA(florida). Their frozen bank accts were in the USA. Gold and Silver Reserve-egold's parent company-is in the USA.

How do u say that anything egold does is "offshore?"

My understanding is that omnipay (egold for money exchanger) is an e-gold company and their bank is located in Estonia (at least that's where one sends the wire to buy e-gold). So, that would be one of the off shore banks.

this is really interesting!

Don't you think e-gold already works under us gov control?
It is better for US to control e-gold than just close it

I think that ...

We need another payment processor .. alternative ... good one ! fully offshore right ?

i don't think so we should leave e-gold now.. even we don't have clear picture.. what is happning.. even we don't have prove that in reality their assets had been frozen ... and US gov is behind e-gold in reality..
This problem could be solved in only one way that if some one from MMG, lives near E-gold office.. so he may ask these questions.. or interview from jackson.!
May be what we have heard can be rumores.. ..isn't it possible?

I think if e-gold shuts it will level the HYIP playing feild. Then the scammers will have to find another way
to steal money from people. Hopefully it will be some what harder after e-gold is gone.

Just my thought on it.