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Topic: Ego Pay just got shut down by the US Gov't...Go Bitcoin!! (Read 5878 times)

full member
Activity: 308
Merit: 100
I'm nothing without GOD
the only other e currency I have used is paypal and I quit that a long time ago.
newbie
Activity: 3
Merit: 0
Never used ego pay, but it appears as though it is just prohibiting United States people from using it.   US drops the hammer on so many businesses it is not even funny.

drops the hammer - circa 1989 Mc hammer?
Yes after all these predictions egopay has shown its value... I just read a news about its shutdown you may delete this reply for posting link but it is a information
http://www.peakcheap.com/egopay-stolen-millions-egopay-scam-shutdown/
member
Activity: 84
Merit: 10
No gambling for american users and no egopay and no no no. many no. What is the differrence between USA and China?

We can gamble, they just want Americans to use corporate approved and taxable funds!  Meanwhile gambling is looking to be approved in 15 states.  Our government can be quite hypocritical
sr. member
Activity: 467
Merit: 250
No gambling for american users and no egopay and no no no. many no. What is the differrence between USA and China?
legendary
Activity: 3766
Merit: 1217
Egopay was'nt shutdown..thread title is misleading

Yes. The problem is only for American users.
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
Due to the current United States laws, all EgoPay accounts that belong to U.S. Citizens/Residents/U.S. Companies will be locked on the 28th of March. You can still implement your operations the same as before until 14th of March. Please note, that after 14th of March you will not be able to receive any funds and will only have an option to send or withdraw your funds.

Please manage your payments and withdraws in time.

This should be a nice boost to Bitcoin!!  Pretty soon Bitcoin will be the only payment system Americans can use for internet investment programs!!

Thoughts?
shut down by US govt or they opted to not to do business in US..? because we  all know what happened with Liberty Reserve , and other payment processors ..!
And just wanna say Bitcoins is not here for Internet Investment programs.. its here for much more..!
newbie
Activity: 37
Merit: 0
Egopay was'nt shutdown..thread title is misleading
legendary
Activity: 3038
Merit: 1032
RIP Mommy
Hebrew Hammer!
member
Activity: 84
Merit: 10
Never used ego pay, but it appears as though it is just prohibiting United States people from using it.   US drops the hammer on so many businesses it is not even funny.

drops the hammer - circa 1989 Mc hammer?
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
Never used ego pay, but it appears as though it is just prohibiting United States people from using it.   US drops the hammer on so many businesses it is not even funny.
legendary
Activity: 1764
Merit: 1002
No. Ego Pay has not been shut down by the US Government. The have chosen to comply with US laws by not taking US Persons as clients and closing the accounts of their current US Person clients. This likely due to FATCA.  https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act http://www.irs.gov/Businesses/Corporations/Foreign-Account-Tax-Compliance-Act-%28FATCA%29 Big difference.

Yes this is still bullish for Bitcoin.

details, details.
legendary
Activity: 1232
Merit: 1195
Due to the current United States laws, all EgoPay accounts that belong to U.S. Citizens/Residents/U.S. Companies will be locked on the 28th of March. You can still implement your operations the same as before until 14th of March. Please note, that after 14th of March you will not be able to receive any funds and will only have an option to send or withdraw your funds.

Please manage your payments and withdraws in time.

This should be a nice boost to Bitcoin!!  Pretty soon Bitcoin will be the only payment system Americans can use for internet investment programs!!

Thoughts?

What laws are these? they seem to have a lot of exchanges by the balls compared to other places in the world.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
No. Ego Pay has not been shut down by the US Government. The have chosen to comply with US laws by not taking US Persons as clients and closing the accounts of their current US Person clients. This likely due to FATCA.  https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act http://www.irs.gov/Businesses/Corporations/Foreign-Account-Tax-Compliance-Act-%28FATCA%29 Big difference.

Yes this is still bullish for Bitcoin.
member
Activity: 84
Merit: 10
I've never heard of Ego Pay until now.

EgoPay is 5,875 in Alexa rank and #6 e-payment processors
hero member
Activity: 756
Merit: 500
egopay is just another okpay.
member
Activity: 84
Merit: 10
lego my eggo
legendary
Activity: 1120
Merit: 1012
I've never heard of Ego Pay until now.
member
Activity: 84
Merit: 10
Due to the current United States laws, all EgoPay accounts that belong to U.S. Citizens/Residents/U.S. Companies will be locked on the 28th of March. You can still implement your operations the same as before until 14th of March. Please note, that after 14th of March you will not be able to receive any funds and will only have an option to send or withdraw your funds.

Please manage your payments and withdraws in time.

This should be a nice boost to Bitcoin!!  Pretty soon Bitcoin will be the only payment system Americans can use for internet investment programs!!

Thoughts?
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