Andy makes the announcement in his forum on May 13th.
As of this weekend - I will not be accepting e-gold any more for FXO spends.
The new process is CSATM - the site can be found at www.thecyberspaceatm.com. I strongly encourage you to check it out.
As many would be aware I have always supported e-gold, and a swap of process does not change this. You can use your e-gold to fund CSATM and you can be paid out of CSATM to e-gold. There is no problem with that.
What CSATM offers is a payment process that is privacy oriented. An extremely simple to use.
The technology for the system has been around for years - and the business model is sound.
You will note that unlike a payment processor - where all funds go to a central location, the model of CSATM uses a distributed reserve - whereby the exchangers network maintains the backing for the storage.
Now that said - right now there is only one exchanger - but more should be coming on board over the coming week(s).
As always your comments are welcomed. However - for new spends to FXO - I will only accepts CSATM.
This does not, btw change the status of existing spends - you spent by e-gold you will be paid via e-gold (unless of course e-gold suddenly has major problems in which case I have bank wire/CSATM options.
Continue reading ‘FX Offer Dumps E-Gold’
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I originally posted this at HYIPRanks, but thought I’d reproduce it here as a post, if Jude gives the OK, of course:
I’m not gonna comment too much about him coming back; but previous members of TFT/XLO should be aware of what he did before venturing and giving his new offer a try.
It’s a strict no no for me.
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