e-gold Founder launches Better Money blog

Ever since e-gold^® suspended commercial operations in 2009, I, along with a highly competent team, have been working on a next generation system that applies the many lessons learned from that experience. This new system will merge the monetary and transaction logic of e-gold with unprecedentedly sophisticated AML and other compliance elements. In view of my felony conviction, however, I will not be permitted to own any portion or exercise any form of control over this next generation system once operational. 

But I am allowed to talk about it and to explore the monetary principles it will implement. So I've launched a new blog, Better Money.

Quoting from my introductory blurb:

This blog, as is obvious from the title, is about money. The thesis is that money needs to be, and can be, done better. It describes a system of Better Money, a system informed by critical analysis of historic and contemporary monetary regimes. The system is designed to eliminate embedded flaws and to resolve contradictions that have tended, in my opinion, to undermine all antecedent monetary systems. Better Money is not a call for monetary reform. Its implementation does not require any sort of consensus to proceed...

I've often heard folks say that e-gold was ahead of its time and that this played a part in its demise. If that's true, I think it is safe to say that the new system is timely indeed. My hope is that I can play a useful role making a case and setting the stage for Better Money. [Plus, once it's launched, I'm hoping to get a bunch of Progeny from its vastly improved Referral Incentive Program!]

e-gold website is closed

The e-gold website is now closed.

e-gold Value Access Plan – Claims Filing Deadline Extended a Third Time

The time window in which Users may file a VAP Claim has been extended through December 27, 2013 11:59 PM CST.  This is the third extension.  The second extension was through November 22, 2013.  The first extension was through November 1, 2013.  The original deadline was October 1, 2013.

Users who have not started the VAP Claim Process should do so immediately and login to their e-gold account regularly until they’ve seen the process through to submission of their VAP Claim.  Following submission, User should immediately finalize their VAP Claim with Rust Consulting Inc, the E-Gold Claims Process Administrator (“Rust”).  A VAP Claim is not filed until it has been finalized via the Rust website.

As previously described, User must first complete User CIP and Owner CIP (collectively VAP CIP) to be eligible to submit a VAP Claim.  Upon completion of VAP CIP, User must then click the VAP Claim icon on the e-gold website to start the VAP Claim Process.  Upon User’s submission of a VAP Claim from the e-gold website, e-gold will provide User login credentials for the Rust website.  User must login to the Rust website using those login credentials in order to finalize their VAP Claim, which includes provision of payment information. 

VAP Claims must be submitted by the User via the e-gold website and finalized via the Rust website no later than December 27, 2013 11:59 PM CST.

e-gold Value Access Plan –Claims Filing Deadline Extended a Second Time

The time window in which Users may file a VAP Claim has been extended through November 22, 2013 11:59 PM CST.  This is the second extension.  The prior extension was through November 1, 2013.  The original deadline was October 1, 2013.

Users who have not started the VAP Claim Process should do so immediately and login to their e-gold account regularly until they’ve seen the process through to submission of their VAP Claim.  Following submission, User should immediately finalize their VAP Claim with Rust Consulting Inc, the E-Gold Claims Process Administrator (“Rust”).  A VAP Claim is not filed until it has been finalized via the Rust website.

As previously described, User must first complete User CIP and Owner CIP (collectively VAP CIP) to be eligible to submit a VAP Claim.  Upon completion of VAP CIP, User must then click the VAP Claim icon on the e-gold website to start the VAP Claim Process.  Upon User’s submission of a VAP Claim from the e-gold website, e-gold will provide User login credentials for the Rust website.  User must login to the Rust website using those login credentials in order to finalize their VAP Claim, which includes provision of payment information. 

VAP Claims must be submitted by the User via the e-gold website and finalized via the Rust website no later than November 22, 2013 11:59 PM CST.

e-gold Value Access Plan – Claims Filing Deadline Extended

The time window in which Users may file a VAP Claim has been extended through November 1, 2013.

Users who have not started the VAP Claim Process should do so immediately and login to their e-gold account regularly until they’ve seen the process through to submission of their VAP Claim.  Following submission, User should immediately finalize their VAP Claim with Rust Consulting Inc, the E-Gold Claims Process Administrator (“Rust”).  A VAP Claim is not filed until it has been finalized via the Rust website.

As previously described, User must first complete User CIP and Owner CIP (collectively VAP CIP) to be eligible to submit a VAP Claim.  Upon completion of VAP CIP, User must then click the VAP Claim icon on the e-gold website to start the VAP Claim Process.  Upon User’s submission of a VAP Claim via the e-gold website, e-gold will provide User login credentials for the Rust website.  User must login to the Rust website using those login credentials in order to finalize their VAP Claim, which includes provision of payment information.

VAP Claims must be submitted by the User via the e-gold website and finalized via the Rust website no later than November 1, 2013.

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