Comments on: An Industry Of Modern Day Gunslingers http://hyipblog.nobshyip.net/2007/04/11/an-industry-of-modern-day-gunslingers/ the latest HYIP community updates, from readers, to readers Thu, 04 Dec 2008 02:31:59 +0000 http://wordpress.org/?v=2.2.1 By: sharonsopinion http://hyipblog.nobshyip.net/2007/04/11/an-industry-of-modern-day-gunslingers/#comment-50073 sharonsopinion Thu, 12 Apr 2007 16:44:32 +0000 http://hyipblog.nobshyip.net/2007/04/11/an-industry-of-modern-day-gunslingers/#comment-50073 Hi Mark, Thanks for your article and for your emal response! For everyone else: I asked Mark what he included as a "digital currency" and his definition makes sense. The easiest way to spell it out is to compare the three types of entities that have anything to do with e-currencies: Digital Currency (e-currency): They issue "currency", but don't sell or buy it themselves. Examples are e-gold, e-bullion and 1mdc. Exchangers: They buy and sell e-currencies, but don't do other types of transactions. Payment Processors: They do transactions between people, banks, businesses, etc. They may also offer an exchange service. Examples are PayPal, CEPTrust and AlertPay. Only the digital currencies do not meet the definition of an MSB. Exchangers and payment processors do meet the definition. JMO, Sharon Hi Mark,

Thanks for your article and for your emal response!

For everyone else: I asked Mark what he included as a “digital currency” and his definition makes sense. The easiest way to spell it out is to compare the three types of entities that have anything to do with e-currencies:

Digital Currency (e-currency): They issue “currency”, but don’t sell or buy it themselves. Examples are e-gold, e-bullion and 1mdc.

Exchangers: They buy and sell e-currencies, but don’t do other types of transactions.

Payment Processors: They do transactions between people, banks, businesses, etc. They may also offer an exchange service. Examples are PayPal, CEPTrust and AlertPay.

Only the digital currencies do not meet the definition of an MSB. Exchangers and payment processors do meet the definition.

JMO,
Sharon

]]> By: Jude http://hyipblog.nobshyip.net/2007/04/11/an-industry-of-modern-day-gunslingers/#comment-50034 Jude Thu, 12 Apr 2007 00:58:34 +0000 http://hyipblog.nobshyip.net/2007/04/11/an-industry-of-modern-day-gunslingers/#comment-50034 Nice article! I like the image. It looks really really funky! Digital currencies sure has paved more opportunities for people to do business ;) Nice article! I like the image. It looks really really funky!

Digital currencies sure has paved more opportunities for people to do business ;)

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