E-gold http://www.webupon.com/tags/E-gold New posts about E-gold E-money and E-currency http://www.webupon.com/Money-Making/E-money-and-E-currency.77422 With the technology were created many “e-new things” like the digital format for files of sound, video and even books, websites for people relationsheeps, and even the commerce became e-commerce. Other way, that much people still don't know in many places, but that already changed the online life in many ways is the e-Money. The e-Money appeared and became popular when the website eBay created the system of buys and sells Paypal, where people puts dolar credits using their credit cards and so they could make shopping on the website with you online money (that became the e-Money). Soon the Paypal system became very popular and used with many stores of e-Commerce and like everything nowadays, gave an oportunit to people earn money on it.

Even with many people using and approving the security of PayPal, other still was uncomfortable about having to use theirs credit card number on a online business, so they give space to people earn exchanging credits. Also in PayPal shadows appeared many other systems working with eMoney or metals, like Alertpay, eGold and others that created a market of exchanges of online money. To this market was given the name o eCurrency.

Then also appeared the pai to websites, websites where people earn doing actions like click on ads, read emails, post on forums, and to receive earning by eMoney, and with then people started over and over more, using the e-Money on exchanges creating a big market of those. Now we nee to wait and see if this job will be really good or if will stop soon.

]]> Sun, 27 Jan 2008 02:07:16 PST Money Laundering with E-gold and Pay Pal 2 http://www.webupon.com/Web-Talk/Money-Laundering-with-Egold-and-Pay-Pal-2.49433 This is the second of a two-part series. The first can be found here.

Well as stated in my first article I still stick to my guns that these 2 forms of online payments are a great way to launder and hide money. With that said I want to clear a few things up for people who disagreed with my previous article about “Laundering Money with E-gold and Pay Pal”.

Now I never said that these two sites where un trustworthy or scams by any means and personally I find them to be some of the most secure ways to pay online without credit cards but the fact of the matter is they can still be used for hiding dirty money. They are both securing sites but that doesn't change the fact that criminals use them to move dirty or stolen money.

I know many people will still disagree but think of it this way: A drug dealer gets his girlfriend to link her bank account to his pay pal account. Then he gets his girlfriend to deposit a large amount of drug money into her account and transfer it over to Pay Pal. After that's done you can do a few things but I figure the quickest would be the drug dealer would open another pay pal account that is linked to his own personal bank account then transfer the funds from account to account. After that all he has to do when he transfers the cash from his pay pal to his bank account is claim he sold something online and make up some proof.

There are a lot of factors that I have missed but again it's not impossible to use these systems to launder money. In no way am I saying try it out but I do personally know people who are sneaky and smart enough to accomplish this.

E-gold and Pay Pal are safe forms of payments online and they are unwilling pawns in the dirty money game that might be happening through their systems but hey they aren't totally innocent, after all they do get their fee's for transferring and receiving money.

This is only my opinion and I'm not verifying that's what's happening with the E-Gold and Pay Pal just stating some facts nothing more.

]]> Mon, 01 Oct 2007 00:08:30 PST Laundering Money with E-gold and Paypal http://www.webupon.com/Web-Talk/Laundering-Money-with-Egold-and-Paypal.45459 Any drug dealer or other criminal could have a few bank accounts than transfer their dirty money over to Paypal or e-Gold without pretty much a trace. After it posts those accounts you can pretty much do whatever you want with the money.

Again, I didn't follow the whole story but if this is true then can you imagine the money thats already been laundered through these programs? Its amazing to me that no matter how good security is on these types of on line payment sites, criminals can always come up with a way to get around it.

I guess e-Gold and Paypal and all other online payment sites are going to have to start to crack down because within time it can become a much bigger problem then it is now. I personally don't think they will because either way pay pal and e-gold have their fee's so why would they crack down and lose money?

If you ask me, everybody is out to make a fast buck whether its legal or not. People don't really care but e-gold and pay pal have found a way with their fee's to cash in on the money laundering thats going on through their sites.

]]> Tue, 11 Sep 2007 06:47:47 PST Differences Between Paypal and E-gold http://www.webupon.com/Services/Differences-Between-Paypal-and-Egold.32059 The two leading companies in online savings accounts are Paypal and e-gold . Don't know which to choose? This guide will tell you:

  • Fees: Paypal has higher fees than e-gold.
  • Payments available: Paypal accounts can receive money from any credit card. e-gold only works with other e-gold accounts.
  • Referrals: e-gold has referrals unlike paypal.
  • Most websites accept payment by: Paypal.

Overall:

Paypal is recommended to everyone by me. I recommend e-gold to a normal person without a huge business (I'm not saying that business people aren't normal). Most of all recommended: You should get both accounts.

]]> Wed, 27 Jun 2007 23:21:58 PST