In the light of recent developments in the digital gold market, with companies like e gold being indicted and the  US government taking a hardline against some of them because of moneylaundering and unregulated illegal practices going unchecked, what do you think the future of these alternative currencies or digital currencies are ?
Can the US govt and others force them out of business as some believe?
We value your opinion here on www.digitalmoneyworld.com and both Mark and Benson have written here on digital gold extensively in the past.
DGC Magazine Blog
http://www.dgcmagazine.com/blog/index.php

Author: Mark Herpel
Listed in: Finance Innovation
Tags: gold e-gold e-bullion pecunix e-currency …read more

 Well done Benson for setting up the donation  link for Burma. hopefully all you bullion traders will donate some of your returns to those who have lost everything, and let’s hope they open up the borders to help. 
 Today I’m including a post I made before about online payment companies. For those that think I’ve been after them, heres what I said two weeks ago:
There are surprising demographics. It is not only those who don’t have a credit card, or  who are cautious about putting credit card details online. More companies are using it to pay suppliers or freelancers who do work for them. Its a …read more

So everyone is preparing themselves for the pinch of a recession in the U. S. call it what you will, mini recession, downturn, tempory lack of confidence, depression: the result is the same, for those paid in dollars in the US, those who travel and those who work online. Less money, when they convert it into the actual currency they live on. I prefer to be paid in Euros or Pounds if possible,  for the work I do on line, however I often work in US dollars too. The companies who hire freelancers sometimes enable them to choose credits which have a value and are …read more