[e-gold-list] Re: looks like

[Patrick Chkoreff]

Pete Chown wrote:

> ... an interesting idea ... Am I now, in law, a money transmitter?

Not sure, but does objective law even matter any more?  If they don't
like what you're doing, they'll tar you with their favorite scare term,
seize your assets, and use subjective nonsense to convince a jury to
vote you into a cage.

A realpolitik approach might involve getting a bunch of licenses for all
kinds of things including hair-braiding just in case, in all 50 states,
and paying lots of money to lawyers.  That is after all the point of all
this legislation:  make-work for the unproductive.

Another realpolitik approach might be to tone down your product offering:

> I offered "limited edition" prints of this design.  Now, it so
> happens that the design looks very like a currency note.  I don't
> mean that it's a forgery of an existing currency note, but just that
> by its appearance it could be taken for a national currency that you
> haven't seen before.


Why would it have to look like a currency note, or even something that
"could be taken" for a national currency?  How about just an elaborate
gift certificate?


> I also offer a "money back guarantee" where anyone owning one of
> these prints can receive the purchase price by returning it to me.

I like it.  It's good to know that if I am disappointed with the print,
I can get a refund.


> Perhaps it would become customary for people to barter these prints
> for goods.  I didn't ask anyone to do that, but of course I didn't
> ask them not to either.  As far as I'm concerned I have simply sold
> someone a print, and if anyone is dissatisfied with one of them, I
> will provide a refund like a reputable trader should.


You would be engaging in peaceful and honorable trade, with no force or
fraud, trading property for property with consenting individuals.
Someone would want to lock you in a cage for that.


> Am I now, in law, a money transmitter?

Who is John Galt?


Regards,
Patrick


---
You are currently subscribed to e-gold-list as: e-gold-list at kobly.com
To unsubscribe send a blank email to leave-e-gold-list-512001C at talk.e-gold.com

Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.