Version: 2008

farookh20000's community profile

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  • Comments: 8
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My comments

  • What's the point of file sharing?
    I don't understand why someone wants to go to the trouble of trading files on an insecure and spyware ridden P2P network when cheap subscription services and downloads are available. I could understand if this was still 98-2000 when the record companies refused to adapt. However, now days these services are available all over the place. In reply to: "RIAA wins key victory; accused file sharer must pay $220,000"

    October 4, 2007

    1 reply

  • What?
    I don't understand your murder analogy. When someone gambles, they are taking THEIR hard earned money and spending it where they see fit. Gambling does NOT infringe on anyone else's rights. Murder is a direct violation on someone's right to life. Gambling is not a vice anymore to alot of people, so get rid of these antique 1960s era laws that were designed to crackdown on syndicates/mafia. Look around, there are casinos popping up in almost every state. If the US allows landbased casinos to operate, why not try to regulate and tax online casinos? That would make it easier for the gamblers who wouldn't have to worry about getting paid. I'm sure some of the bigger Vegas casinos would love the opportunity to try the US market online.

    February 19, 2007

    1 reply

  • Not entirely Neteller's fault
    Neteller probably should have planned better for this. However, the FBI has seized over $55 million in cash and according to them most of the people won't get paid. Be happy it's only $40. Some people have thousands tied up. The US is causing most of the problems attacking licensed operations in other countries. This company has operated for years without problems up until this witch hunt by the US DA office.

    February 18, 2007

    0 replies

  • Unlikely
    I doubt very much this person was completely innocent. He probably had bounced EFT transfers. Also, if you want to blame anyone blame the US. The FBI seized over $55 million in cash from them. They have no way to pay out right now because of the US seizures. Regulation is the only way to go here. People are going to gamble regardless. Cracking down on the entire industry just makes criminal enterprises easier to operate and gives them the monopoly.

    February 18, 2007

    1 reply

  • RE:Online gambling
    Well, the days of gaming transactions via credit card are about gone. Most banks have been declining gaming transactions for the past couple of years. There's no real way to stop Neteller, click2pay and the other alternatives because alot of countries are headed toward regulation instead of prohibition. Paypal is even getting back into the gaming business for markets outside of the US. The US might persuade the alternatives to stop accepting US customers. That's a possibility. If the US was smart they would go for the regulated model. This would make it ALOT safer for everyone. It would wipe out alot of the concerns:Terrorism,money laundering,underage gambling and also build more confidence with regards to payouts for customers. They could issue licenses to trusted companies within the US and abroad. That's a shame they have to ban an entire industry that could return 10 fold in tax revenue. Then again, it's mostly just a political ploy to appeal to the "family values crowd" this time around.

    July 11, 2006

    0 replies

  • Payment restriction possible
    The only real way they can restrict online gaming transactions is to block ALL foreign transactions. As it stands now, most US credit card institutions block gaming class transactions on Visa/MC. Some even go further and block any type of foreign financial transactions. I don't see them stopping Neteller transactions or any of the other credit card alternatives for playing. I think they should rethink this and stop playing politics. Just create a regulated online gaming environment like the UK has and issue licenses for trusted gaming companies in the US and abroad. Regulate it, tax it, and make it safe. Everyone's happy.

    July 11, 2006

    0 replies

  • Uh huh
    Why exactly shouldn't it be allowed? I earn my money. I should be able to spend it as I see fit. I wouldn't call it any dumber than spending ridiculous amounts of money eating out or shopping. I hardly call taking a few hundred dollars every month flushing my money down the toilet. Sometimes I'm ahead, sometimes I'm not. It's not always a losing venture. That's my way of socializing. Maybe we should ban bars next.

    March 18, 2006

    0 replies

  • Uh huh
    Why exactly shouldn't it be allowed? I earn my money. I should be able to spend it as I see fit. I wouldn't call it any dumber than spending ridiculous amounts of money eating out or shopping. I hardly call taking a few hundred dollars every month flushing my money down the toilet. Sometimes I'm ahead, sometimes I'm not. It's not always a losing venture. That's my way of socializing. Maybe we should ban bars next.

    March 18, 2006

    0 replies