[e-gold-list] Re: Re Gold Age

[Patrick Chkoreff]

Craig Haynie wrote:

> I suppose that if e-gold is not a currency then transmitting it can't be
> considered money transmission. The problem is that the DA, in the Gold Age
> case, is considering the idea of money tranmission to be nothing more than
> buying with one form of payment, and then selling with another, effectively
> moving money.


Yes.  So if you sell a piece of gold to Bob one day, and then the next
day you buy a piece of gold from Carol, you have committed a felony.


-- Patrick

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