I think that the real issue is that most traders on Sythe are far too busy to do a background check on every single person who sells gold. We are all operating on strict deadlines with the new PA 20 minute timer, and buyer demands for instant delivery. Buying gold is often a frantic process in which we must make split second decisions on whether to buy or not, at the immediate risk of the business being brought elsewhere.
If we want this new method to work on Sythe, we need to have a quick and simple way of verifying gold is legitimately obtained, which absolves us from liability. Without a quick and simple way to confirm the legitimacy of the gold (to the best of our ability), we will become decreasingly competitive to anyone operating outside of Sythe.org.
My suggestion is that gold shops post some sort of disclaimer before a transaction. For example:
Before I trade with you, you must promise the gold you are selling is from a legitimate source, and is not hacked / stolen / otherwise illegally obtained. If that is correct, say "YES". If incorrect, say "NO".
If we provide this, and they have not provided any other details at the point of sale, I think the order should be legitimate. Although this obviously leaves open the ability for someone to just lie to us, I can't think of any other quick way (or realistic way) to verify legitimacy. The problem with virtual currency is that it has no serial #, and no direct way to distinguish dirty gold from clean gold. Please post your thoughts on this, Richard / community.
If we want this new method to work on Sythe, we need to have a quick and simple way of verifying gold is legitimately obtained, which absolves us from liability. Without a quick and simple way to confirm the legitimacy of the gold (to the best of our ability), we will become decreasingly competitive to anyone operating outside of Sythe.org.
My suggestion is that gold shops post some sort of disclaimer before a transaction. For example:
Before I trade with you, you must promise the gold you are selling is from a legitimate source, and is not hacked / stolen / otherwise illegally obtained. If that is correct, say "YES". If incorrect, say "NO".
If we provide this, and they have not provided any other details at the point of sale, I think the order should be legitimate. Although this obviously leaves open the ability for someone to just lie to us, I can't think of any other quick way (or realistic way) to verify legitimacy. The problem with virtual currency is that it has no serial #, and no direct way to distinguish dirty gold from clean gold. Please post your thoughts on this, Richard / community.













































