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

Last week I asked you to design the online payment system called edream you wanted as Here on www.digitalmoneyworld we regularly hear readers complaining about the services ( or lack of them) offered by e payments companies like moneybookers, paypal, e gold, loom, and the rest. In response, Sean over at franchise pick; a blog I never tire of reading, responded with a killah post not to be missed, with his usual wit and humour.
http://www.franchisepick.com/franchisepickcom-announces-esean-payment-processing-system/
So here’s the question, if you were to design the e payments system that you want and need, what would it look like?
What services would …read more

I blogged yesterday about the those that have written into me about a fake moneybookers scam.
http://www.bizzia.com/adding-value/
Adding value read this and comment on it if you have suggestions.
These people were scammed because they received an email identical to the moneybookers one and took it as the original, it was actually a faked page which looked identical.
Today I want to talk about online security with moneybookers, pay pal and others.
What should you expect to receive from them?
Rule number one
Any mail you get, first check the address it came from, that’s the first clue. …read more

This is a kind of unofficial poll to find out which online payment company is rated best.
These are the criteria:
1. ease of use, functionality and options.
2. service level, charges/cost and market share.
3. security, support and reliability.
4. ethical, regulated and financially sound company.
So which online payment company does these best for you.
Leave a comment and tell us your experience for the benefit of our readers.
Moneypenny

I remember as an investment broker not so long ago, my clients and peers talking about ethical investments. Exercising your ethical choice in investments was becoming mainstream and even clients were talking about it.
Contrast this with the Elliot Spitzer case recently. He didn’t seem to care that prostitution and the crimes always linked with it, where being funded by him. He possibly said – I’m O.k. I’m not hurting anyone.
The IRS’s Criminal Investigation Division then started a probe, initially fearing that Spitzer was the victim of either extortion or identity theft.
 

Screenshot of the website of Emperors Club VIP …read more

Should we be worried about the financial markets? Well I think so. When companies like Lehman Bros lose 50% of their share value for the first time in their very long history, and then start scrabling around trying to raise money on the stock exchange. When major banks are being bailed out by reserve banks. When many shares are in freefall due to the jittery markets, and when the price of oil is just on a drunken rampage full of its own importance and value. When world powers can’t find a workable alternative solution to the oil producing states …read more

 Much has been written on www.digitalmoneyworld.com about e gold and the fallout of the investment. HYIPs are still big business on the net and people fall into them because they are lured by the returns. Which are astronomical! Indeed those who have invested, will tell you that they lure people in by giving them these returns in the first few weeks and  by giving them bonuses for referring others. The problem like so many of these schemes, comes when the investor wants to cash out. Although this professes to not be spam or a scam, in my book it is. Firstly someone …read more

Here’s one for  all you gold people.  Just another of the many messages to arrive in my mailbox on a daily basis,
which  make little or no sense.
So the first person who can write in and tell me what this scheme is about or not, will win an all-expenses-paid trip to the moon in 2020. The winner will also be crowned the “smart alec” of the month.
Answers on a postcard.. no rather send me a comment here, as quick as a flash.
Moneypenny

ALLUVAIL GOLD for sale.

To:
 jessicabeloved00@yahoo.com

#message64191232578246665021371117047946834560608171 { overflow:auto; visibility:hidden }

Dear sir

Its with pleasure that I write to inform you …read more

A warm wish to all those on b5media, and of course our readers, remembering the fallen on this Memorial Day 2008. May all those who served and are serving, be remembered. Here’s the link to participate http://www.nationalmemorialdayparade.com   Last week I wrote on web money http://www.bizzia.com/webmoney-online-payments/  and  it seems that every month, there’s a new way to pay on-line. Are these virtual companies using our money held-on-line to trade with? Are they using customers online funds to raise capital to trade with. Ask some finance wizzes or a group of investment bankers, and they will tell you that for the small benefit of giving customers an alternative to using credit …read more

The April issue of  DGC mag featured an article on the growth of the online payment company web money, and since we have been focusing on paypal, moneybookers and others this month, I thought it would be interesting to see how moneyweb shapes up, and what features they offer compared to the others, I covered in my last post.  Do you have a money web account? Write and tell us your experience with them.
 Thankyou to Mark at DGC mag for content and graph. http://www.dgcmagazine.com
Webmoney Shows Huge Growth In 2007

This month Webmoney Transfer announced their 2007 annual numbers and included some additional company information. …read more