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Bullion and Bandits: The Improbable Rise and Fall of E-Gold

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mouser:
An interesting article about E-Gold, a payment and internet-bank-like web service..

MELBOURNE, Florida — In a sparsely decorated office suite two floors above a neighborhood of strip malls and car dealerships, former oncologist Douglas Jackson is struggling to resuscitate a dying dream.

Jackson, 51, is the maverick founder of E-Gold, the first-of-its-kind digital currency that was once used by millions of people in more than a hundred countries. Today the currency is barely alive.


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http://www.wired.com/threatlevel/2009/06/e-gold/

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