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Saturday, January 3, 2009

Liberty Reserve

Liberty Reserve is a relatively new, but popular payment processor strong enough to compete with giants like E-Gold. It currently supports two major currencies - LRUSD (U.S. dollars) and LREUR (euros).

This processor is as anonymous as E-Gold and doesn't require you to enter your real name or address while registering. Furthermore it offers a private payment option which allows sending payments anonymously without revealing the sender's account number to the recipient.

Although it claims to operate since 2002, it only started to gain its popularity in the summer of 2007 when E-Gold started a mass blocking of its customers' accounts under the pressure of the U.S. government. Liberty Reserve S.A. is incorporated under the laws of Costa Rica and is an off-shore company out of reach of the U.S. authorities which prevents it from having problems similar to those of E-Gold.

Since then LibertyReserve became very popular because the administration of the world's former leading e-currency for HYIPs - E-Gold, officially prohibited to use their system for participating in them, whereas LR does not prevent HYIPs from functioning. Now LR is the main e-currency for HYIPs and holds this position despite the tough competition.

Don't have LibertyReserve account ? Register here :

My Blog's New Look

Hi all..
Yesterday i've changed the design of my blog. I hope you'll like it.. :D
Okay then, Let's go Make Money Online again !! New Year with a New Spirit !!