I was big into HYIPs and e-gold a little while back. The outcome of that adventure... well, what do you think? HYIPs are scams. I was a sucker.
But the concept was intriguing. I was making money (or i thought i was) starting from just a few cents by clicking ads. It felt great to see this happening.
E-gold had one weakness however; it was vulnerable to attack by a hostile government. Sure enough, Babylon didn't like the "money laundering" side of it. This is also known as, Uncle Sam wasn't getting his cut.
A few years back, there was a warrant, a court case, an audit and a ruling. E-gold was to be liquidated by order of the government.
I was pissed. I only had something like 14 cents in my account, but I told myself I would discover a new way to move money around; a way with plausible deniability for everyone involved. You're damn right, I want the crooks to get away with it. There is so much unnecessary violent crime in the world simply because there is such a thing as victimless crime. If nobody had to be silenced because they knew about the meth lab, that would be one less murder. I do not do drugs or engage in any illegal activity. It is a matter of principle. The government is too large and too powerful, and unless Ron Paul is elected and lives long enough to do what he has to do, it will only get worse.
I kept searching for an alternative currency. I don't remember how or when, but I found Bitcoin. Thought it was weird at first, "How could this ever work?", that sort of thing. Watched it for a while, downloaded the wallet, used the Bitcoin faucet... and forgot about it for a year or so. Missed the big bubble-- probably a good thing; that would have solidified my skepticism. I built myself a gaming rig, long overdue, and started running F@H with the wasted cycles at night. It was interesting of course, but I didn't see anything come from it.
Then I remembered that Bitcoin thing. And that if GPU's were superior at crunching numbers one way.... well... I could be rich!
...
Not rich yet. But I am making about 1.20 BTC a week!
But the concept was intriguing. I was making money (or i thought i was) starting from just a few cents by clicking ads. It felt great to see this happening.
E-gold had one weakness however; it was vulnerable to attack by a hostile government. Sure enough, Babylon didn't like the "money laundering" side of it. This is also known as, Uncle Sam wasn't getting his cut.
A few years back, there was a warrant, a court case, an audit and a ruling. E-gold was to be liquidated by order of the government.
I was pissed. I only had something like 14 cents in my account, but I told myself I would discover a new way to move money around; a way with plausible deniability for everyone involved. You're damn right, I want the crooks to get away with it. There is so much unnecessary violent crime in the world simply because there is such a thing as victimless crime. If nobody had to be silenced because they knew about the meth lab, that would be one less murder. I do not do drugs or engage in any illegal activity. It is a matter of principle. The government is too large and too powerful, and unless Ron Paul is elected and lives long enough to do what he has to do, it will only get worse.
I kept searching for an alternative currency. I don't remember how or when, but I found Bitcoin. Thought it was weird at first, "How could this ever work?", that sort of thing. Watched it for a while, downloaded the wallet, used the Bitcoin faucet... and forgot about it for a year or so. Missed the big bubble-- probably a good thing; that would have solidified my skepticism. I built myself a gaming rig, long overdue, and started running F@H with the wasted cycles at night. It was interesting of course, but I didn't see anything come from it.
Then I remembered that Bitcoin thing. And that if GPU's were superior at crunching numbers one way.... well... I could be rich!
...
Not rich yet. But I am making about 1.20 BTC a week!