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Submitted by je12345 (not verified) on Sat, 2009-06-20 05:22.

E-Gold was not a scam. E-Gold was founded on Libertarian principles and operated successfully for some time in that fashion. E-Gold was bastardized when the Federal Government stepped in and threatened the heads of the company with long prison sentences. Far from a fly by night scam run by shady thieves, E-Gold is an example of government oppression pure and simple.

ECache seems legitimate. They have been operating for some time and while they have not become widely accepted, their technology seems sound. Unfortunately, ECache's commitment to anonymity is probably going to remain a serious stumbling block to their acceptance by a wide number of users for some time. It will remain to be seen whether or not they become adopted by a wide number of users and prove their trustworthiness over time.