| ♦ REFRESH to rotate MAAMAW'S CLICKY NOTES thru this space..... Timely Tips, Best of the Boards & More ♦ |
Be sure to visit the Current Message Board when you're finished here. We're very friendly, so don't be shy... just jump right in and post your question. Scams outnumber legitimate biz ops about a bzillion to one, so it's well worth your time. |
| | View Thread | Return to Index | Read Prev Msg | Read Next Msg | |
|---|
FIB - Scams 101 - Ye Olde Archives
Posted By: The Tim <tim@thetimtimes.com> In Response To: It's really quite simpl... (Dave Mauder (eDave))
Thursday, 14 April 2005, at 7:11 a.m.
> Hi Mike:
> All good questions... I make money by processing InXchanges and/or
> OutXchanges from my DXGold console. In other words, exchanging
> "funds" from dxgold to some other ecurrency (egold, intgold,
> ebullion), or from ecurrencies back into dxgold. Whenever an exchange is
> processed, I earn a small bonus for doing so. The person requesting the
> exchange is paying for it, and part of their fee is how my bonus is paid.
> It's very similar to exchanging foreign currency (in concept). If you go
> to another country, and want their currency, you go to an exchange center
> and pay a fee to exchange dollars into whatever.
> There must be more demand than supply right now, otherwise it would only
> take hours (or minutes) for exchanges to occur. Today, if I want to
> exchange my own dxgold for intgold, for instance, it can sometimes take
> several days. If we had more supply, more merchants that is, the exchanges
> would happen much faster.
> Most of the questions I see about this stem from a total misunderstanding
> of ecurrencies. There are hundreds of private currencies, all perfectly
> legal, and some of them are not even electronic. The Liberty Dollar is one
> of the biggest I know of, and there are cities and town in our own country
> where the Liberty Dollar is used more than the American dollar. Their
> website is http://www.libertydollar.org if you want to check it out. I
> just did a search by state on their website and found out there is a
> Liberty Dollar exchange center about 15 minutes from my house here in
> Ohio! And that is just one of about 65 exchange centers in Ohio alone!
> eCurrencies are no different. Some people get attached to certain
> ecurrencies, sort of like eBay'ers prefer PayPal more than any other, and
> that's just what they like to use. If you run up against someone selling
> something and they only accept eGold, but you have funds in PayPal, then
> you need to do an exchange somewhere, right? DXGold provides the exchange
> service and you pay a small fee for using it.
> As far as what I can get for my ecurrency, or what can I use it for... I
> can either spend it with a merchant selling something I want who happens
> to accept that particular ecurrency, or many of them have debit cards that
> work just like a Visa or M/C, or I can simply request a withdrawal and
> they (whichever ecurrency company) send me a check for the value of my
> ecurrency.
> Hope that helps everyone understand a little bit better!
> Dave
Sensibility Without The Static
| | View Thread | Return to Index | Read Prev Msg | Read Next Msg | |
|---|
FIB - Scams 101 - Ye Olde Archives is maintained with WebBBS 3.11.
|
| PLEASE READ THIS LEGAL NOTICE CAREFULLY BEFORE YOU FILE A LAWSUIT OR EVEN WASTE TIME THINKING ABOUT IT. It has been done before, but never successfully. In fact, the last dodobird who tried it ended up being ordered to pay more than $77,000 in attorney fees ($65,000+ to my attorneys and $12,000+ to my co-defendant's legal advisor).
If your attorney is worth his salt, he's going to tell you that the expense of filing a lawsuit you can't win is a whole lot worse than any "damages" resulting from messages posted on this insignificant little chunk of cyberspace. NEWS FLASH: I didn't just climb down off that ol' turnip truck yesterday. I'm well aware that expressing a negative opinion, relating one's personal experience, and restating provable facts are all legal in this country and do not constitute libel, slander, or defamation -- so you don't want to play games with me, and you sure don't want to start something you aren't prepared to finish. I don't take threats lightly, and I don't accept bribes (or did you call it a "mutually-beneficial arrangement"?). I'll turn you in faster than you can yell, "ARREST ME, I'M SCUM!!" Do yourself a favor and turn your legal team loose in greener pastures. Although we may, from time to time, monitor or review discussions, postings and the like on the Friends In Business (Scams 101) Message Board, we are under no obligation to do so. We are not responsible or liable for any claim arising from the content of any such discussions or postings or for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information contained within such locations on the Site. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane materials or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. You are likewise prohibited from posting any false claims against any company or individual. We will fully cooperate with any law enforcement authorities or court order requesting or directing us to disclose the identity of anyone posting any such information or materials. By posting messages and/or content on the Friends In Business (Scams 101) Message Board, you give permission for Lesley Fountain/Friends In Business/Shoestring Success Publications to display, distribute and use the posting and content for publication, advertising, promotion, excerption or example. You grant Lesley Fountain/Friends In Business/Shoestring Success Publications complete, perpetual, but non-exclusive rights to use, archive, reproduce, adapt, modify, distribute, sub-license, repurpose, rework, compile, or offer for sale or resale the messages, postings or content appearing on this site in whole or in part, throughout the world and universe, on a royalty-free basis without remuneration. If you cannot accept or agree with the terms of service for this website and discussion board, you are advised not to post on this board. In closing, I would like to remind you once again that it is still legal, in this great country of ours, to express a PERSONAL OPINION, as long as it is presented as opinion and not as fact. And finally, all you scammers out there will do well to remember that TRUTH IS AN ABSOLUTE DEFENSE against charges of libel, defamation, and slander... so if you're operating just a hop, skip, and jump ahead of the law, you might want to think twice before doing anything stupid... (AND SHAME ON YOU!!). |