Frequently Asked Questions



Now that I opened my iGolder account, how do I start accumulating gold?

You may receive gold payments to your account from other iGolder members, or you may also purchase gold from our independent exchange providers.  iGolder does not offer direct account funding or withdrawal options for fiat currencies.  If you own physical gold bullion and wish to make a gold bailment, please contact us.


Can I open multiple iGolder accounts?

There is little need to have multiple accounts because your existing iGolder account can hold an unlimited number of sub-accounts.  If you really need an extra account, feel free to read Opening Multiple Accounts.


Do you have an affiliate program?

No.  An affiliate program is a privacy breach, in addition of increasing the fees to all our members.  We want our members to refer others because they get the best service at the lowest price, not because they hope to get rich on the backs of others.  Learn more why we do NOT have an affiliate program.


Should I own gold?

If you have serious doubt about owning gold, perhaps the answer to you is no.  Gold is a commodity and, like any commodity, its value fluctuates with respect to other commodities and fiat national currencies.  Also, gold does not give any dividends nor bear interests, and often has costs associated with its safekeeping.  On the other hand, gold is a truly liquid asset and always has some intrinsic value regardless of price fluctuations. The reason we save and invest is for our future security.  No one knows exactly what the future will bring, and it is important you don't put all your eggs in the same basket, including having all your assets in the same country or currency.  No society is immune from war, hyperinflation, or currency exchange controls.  Gold can always be looked at as a "last resort investment".


Is iGolder 100% backed by gold?

Yes we are 100% backed by physical gold bullion.  Every milligram of gold in your iGolder account has corresponding fine gold in our vaults.  We do not hold any kind of "gold ETF", "gold investments", "other precious metals" or "risk-free financial securities".  We do not purchase Perth Mint Certificates because we suspect that the Perth Mint is practicing fractional gold reserves for their certificates, thus we consider such certificates paper gold.  At iGolder, we only deal with physical gold bullion.  There is no substitute for the yellow metal - not even the hollow promise of some unknown politician!


Can I get my gold physically?

You are welcome to redeem your gold bars. You need a minimum of 1 kilogram in your account to redeem directly from iGolder, otherwise feel free to visit a coin shop willing to exchange your digital gold into physical coin(s). At iGolder, everyone can redeem their gold at the same time - we are solvent!   Please contact us if you wish to redeem your kilobars.  We have agreements with bullion dealers and can make arrangements.


Where is the gold stored?

For security reasons, we do not disclose the location where the gold is actually stored.  No gold can be safe from government confiscation, regardless of the legal structure, and there is no way to sugarcoat this stark reality.  The government has a long history of stealing gold from private citizens, and if history can be used as a guide, it would be wise for us to completely distrust politicians and bureaucrats.  Disclosing our gold holding would be as foolish as waving a red flag at a mad bull, especially at a time when the government is desperate to fund its bloated bureaucracy.


Please bear in mind that the most successful gold payment systems were shut down by government officials thugs confiscating stealing the gold.  The owners of such payment systems never defaulted, and were honoring their business obligations until the government robbed the gold.  The other gold payment systems that went down were outright investment scams, and disclosing the actual gold holding would have not changed anything.  Anyone with a basic understanding of a high-yield investment program (HYIP) knows, soon or later, a pyramidal scheme is bound to collapse, and genuinely disclosing the gold holding cannot prevent such collapse.  By the way, any individual endorsing or monitoring an HYIP is a liar promoting an investment scam.  Why?  Because it is impossible to operate an HYIP without lying about the performance of the "investment" program.  The HYIP monitors (promoters) are getting rich by cashing out the wealth "invested" by the new participants joining the scheme.  Every pyramidal scheme will eventually collapse, defrauding the bulk of investors while making a few at the top of the pyramid very rich.


To ensure a robust network, our gold is stored at multiple locations in secure private vaults.  We do not put all our "eggs" in the same basket and we have our gold insured.  We (the founders of iGolder) invested a lot of our personal savings to bootstrap iGolder, and we intend to keep all our retirement savings in gold with iGolder.  We do not trust any government retirement plan, no more than their paper promises (fiat currency).  The current monetary policy of every central bank is leading us to runaway inflation, and perhaps hyperinflation.  What good is having millions of dollars/euros if one loaf of bread costs a billion?  In Zimbabwe, a loaf of bread costs tens of trillions (yes, trillions).  Unfortunately, no country is immune to the inflation tax, and what our politicians are doing is a textbook example of a Keynesian financial disaster.  We created iGolder as a response to this threat because there is a big risk our paper money may worth less than toilet paper.  Having destroyed their currency, the government henchmen will have to seize physical goods (including gold and silver) to pay their salaries and give themselves generous performance bonuses.  Keeping the location of our gold private gives us a layer of protection against such institutionalized theft.  We have no intention of having our gold stolen by bureaucrats for personal greed, no more than having our gold stolen by an ambitious politician wishing to purchase a few extra votes to secure his election.


 Don't put all your eggs in the same basket!  At iGolder, we believe in diversification and we recommend the following businesses for storing your gold:


Business Pros Cons
Pecunix, established in 2001, has a solid history for its reliability.
Pecunix is considered the safest DGC among our independent exchangers.
Pecunix has no storage fees.
The login process is time-consuming and cumbersome (that's the annoyance for having high security).
GoldMoney has a long established reputation and integrity, holding more than USD $500 million worth of gold.
GoldMoney has low storage fees (0.15% to 0.24%).
GoldMoney's founder James Turk is an expert in gold investment and gold politics, having written an astonishing number of articles regarding gold ownership.
You need to fill a 30-page questionnaire to open an account at GoldMoney.  You do not need to provide your fingerprints and DNA yet!
GoldMoney does not allow independent exchangers, therefore you have to deal with GoldMoney only.
BullionVault has extremely low storage fees (0.12% per year).
BullionVault is an excellent vehicle to purchase gold as an investment.
BullionVault is very secure (because you cannot trade your gold with anyone)
Paul Tustain, founder of BullionVault, is also the editor of, a valuable source regarding gold research: supply, demand, production issues, politics, outlook, economic context, how the market works, the smart way to invest, etc.
Unlike Pecunix, c-gold and GoldMoney, BullionVault is not a payment system, that is, you cannot transfer your gold ownership to someone else.
You can only sell your gold and have the funds wired back into the same bank account as you funded your gold purchase.


By the way, the decision to keep our gold holding completely private was not an easy one.  We wanted to have transparency, however transparency and privacy are mutually exclusive.  Given the current political climate and the deteriorating economy, we have chosen the later - privacy.  We are well aware our policy to keep our gold holding secret may turn you off, and you may decline doing business with iGolder.  We respect your decision, and beg you to understand our distrust in government.  If you still trust the politicians and the bureaucrats, we have plenty of history books to recommend.  As a start, reading The Nature of the State  (download MP3) may open your eyes about the criminal nature of all governments.


What proof can you provide iGolder is not a scam?

The ultimate proof is exchanging your electronic gold into physical gold.  At iGolder, we do not practice any fractional gold reserves.  Everyone may redeem their electronic gold into physical gold bullion.  There is no substitute for having physical gold within arm's reach. Ultimately, if you can't touch your gold, you don't have it.  Our mission is having as many people to physically own gold.  Therefore, keep in iGolder what you need for your business operations, and exchange your extra digital gold into physical gold bullion or gold coins.  We prefer people holding the gold themselves because it makes us less attractive for gold theft.  The more people holding physical gold, the less power the government has to exert tyranny.  Remember, the government needs money to pay its bureaucracy and purchase votes to legitimize its criminal activities.  When a currency gets destroyed, the inflation tax (printing money) no longer works to pay for government expenditures.  At this point, the government must seize physical goods, such as gold and silver, to maintain its level of expenditures.  This is what happened on April 5, 1933, when President Franklin Delano Roosevelt betrayed The People by violating the Constitution he sworn to uphold and defend.  FDR confiscated stole more than 500 tons of gold from honest law-abiding citizens using the Presidential Executive Order 6102 ruse.  Unfortunately history is likely to repeat itself, as politicians are insatiable for power.  Bear in mind it is far more expensive for the government to raid every house than it is to raid a single vault where all the gold is stored.  If the gold is scattered all over the country, at least we will give the government a run for stealing our gold.  The more expensive it becomes for robbing gold, the less wealth (gold) is available in the hands of politicians to make electoral promises, thus forcing the government to finally make budget cuts.


How do I protect myself against scams?

There is no such thing as a fool-proof protection against scams.  Scammers are very creative and use a combination of tricks to deceive their victims.  Almost all scams are operated by registered businesses appearing legitimate.  The best scams are legal entities operated by the government itself.


FormFormer Nasdaq Chairman Bernard Madoff would make Charles Ponzi proud, however compared to the pyramid schemes run by the government, he is like a teenager stealing an apple from a fruit merchant as opposed to a ruthless tyrant stealing the lives of slaves.  Unlike government social security, nobody was forced to invest into Madoff's scam.  Those investors idiots who trusted Madoff were driven by greed.  Greed suspends good judgment, and common sense flies out of the window.  By the way, Madoff operated a legitimate investment hedge fund supervised by the Securities and Exchange Commission.  The SEC routinely audited Madoff's investment company and found nothing wrong.  Obviously the SEC discovered "a problem" when the free market exposed the $50-billion scam - and the pyramidal scheme collapsed.  Oops, too late!  Again, the government was useless at protecting investors from Madoff's scam.  In fact, the SEC made it worse by reassuring investors about the legitimacy of Madoff Investment Securities LLC.  Feel free to read Madoff and the Failure of the SEC and The SEC Makes Wall Street More Fraudulent for further details.


Here are some guidelines to spot a scam:

  • Learn about the founders and principals of the business.  If the founders have any history of fraud, then a scam is just a disaster waiting to happen.  Regardless of the legal structure of a business, if the principals are crooks, soon or later, there will be fraud.  This is the same as hiring a dishonest employee.  For instance, a dishonest janitor will use keys to access material and/or data and sell it to the highest bidder.  A dishonest CEO will create bogus contracts to drain corporate funds to his personal account.  Remember there is no substitute to honesty.  We encourage you to investigate who are the founders of iGolder.  You will be pleasantly surprised about your discoveries.
  • If it sounds too good to be true ... it probably is.  You know a payment system is a scam when offering high returns (anything higher than 1% per month).  For instance, OSGold was offering monthly returns ranging from 30% to 45%.  How can such high returns be possible?  Simple, the return was paid using the funds from new participants.  When the deposits made by new participants started to slow down, the fraudsters ran away with the money exposing the scam.  Even in the case the founders were honest, the pyramid scheme was bound to collapse because such high returns are impossible to accomplish.  I do not believe OSGold was ever backed by gold bullion.  On their website, OSGold claimed their assets were backed by 50% of gold certificates, 50% by gold bars and 50% by cash.  How can it be possible to have a payment system backed with more assets than its deposits, while giving away at least 30% of its capital each month?  The answer is simple: it is a scam.
  • Any gold based payment system offering any interest on gold is a sign of a scam because such payment system cannot be backed by physical gold.  At best the gold has been leased, thus earning interest from a borrower.  Such gold lease is no longer physical gold but paper gold with a counter-party risk, where the borrower may default or become insolvent.  The other scenario is the gold has been sold, and the money from the gold sale has been invested in other securities, currencies or in the stock market in the hope of making a profit.  If the gold has been sold, then it cannot be backed by physical gold because there is no gold at all.  Please bear in mind gold bullion does not bear any interest and has fees associated for its safekeeping.  This is the reality, and anyone saying otherwise is a liar.
  • Listing the serial numbers and location of gold bars does not constitute any insurance against a scam.  The gold may be there today, and gone the next day.  Also, the same gold bar may have been leveraged many times in the system, meaning not everyone may redeem their gold bar.
  • Charles Ponzi's scheme lasted less about 6 months.  Since I became aware of online pyramidal scheme in 1999, I have never seen a pyramid scheme lasting more than one year.  I was fortunate to never get involved, by thinking rationally, despite the publicity and testimonials on forums.  If you think an "investment program" is legitimate, wait at least a year before investing in it.  If after a year, the investment program is still running and you see no complaints, then you have significantly reduced the risk of being scammed.  If you are not sure about iGolder, you are welcome to wait a couple years before doing business with us.  iGolder is here to stay.
  • A pyramid scheme has a short lifespan.  The promoters must find creative ways to enroll people fast, typically using misleading advertising and offering generous affiliate commissions.  At iGolder, we do not purchase any advertising and we have no affiliate program.  We are in no hurry.
  • For the record, as of January 1st, 2009, I predict the "investment project" will go down before the end of the year.  How can I be so sure?  PanaMoney is a HYIP, and by definition, all HYIPs eventually collapse.  The collapse will happen regardless of the legal structure (Panama Corporation), business license from from the Ministry of Commerce, flashy graphics, endorsements from Ecommerce Journal and a friendly interview with Fernando Montero, Director and President of PanaMoney Technologies, Inc.  Sadly, the people at Ecommerce Journal are unable to spot this scam, and they will look foolish when PanaMoney fails.  PanaMoney is an aggressive HYIP, promising daily profits up to 2.8%, which equals a yearly return of 2,384,991%.  Therefore someone investing $20,000 in the VIP plan should have $476,998,316.54 by the end of his first year, and  $11,376,369,698,901.00 after only two years.  Such non-sense is impossible. By the way, the sum of $11.376 Trillions is more than the money supply of United States Dollars, so unless PanaMoney is printing Dollars, there is simply not enough Dollars available in the world to pay a sum of 11 Trillions. According to the St-Louis Federal Reserve, the MZM money supply stands at 9.173 Trillions as of Decemember 2008.  For comparison, Bill Gates is worth about $58 Billions (2008), so the VIP investor would worth about 158 times Bill Gate's net worth.  Time will tell if PanaMoney is a "successful forex trading system" or just another successful scam.
  • Scammers often use the words "risk-free profits", "guaranteed", "proven" and "certified".  The truth is there is no way to guarantee profits without the risk of loss. With this in mind anyone who says otherwise is a liar, and any company that promises guarantee profits is also lying, and more than likely, a scam.
  • Scammers appeal to the illness of greed, targeting people addicted to overconsumption and living beyond their means.  Anyone living beyond its means is, by definition, crippled with debts.  Such people need to find a quick way to get out of debt, so they can return to their addictions.  Scammers are well aware that, as they tailor their advertising to exploit the greed of others.  In their product scam advertisement, scammers assume their "investors" have debts.  You will see advertising messages such as "stop your financial crisis" or "picture yourself debt-free".  It is ironic to assume an investor has debt.
  • A scam often has a low entry plan, such as "investing" $10.  Of course, the entry plan does not generate the same profits as the VIP plan, thus inviting the victim to upgrade to a bigger plan.  If an investment was genuine, the profit return would be the same regardless of the amount.  If I buy shares of XYZ company, then I will get the same dividends per share, regardless the number of shares I may own.  I am not aware of any company giving a higher dividend yield per share to investors having more shares.  Likewise, if the stock price goes goes up, then each share goes up by the same percentage.  It is amazing that a scam is the only business model offering higher returns based on the amount invested.
  • A scam has testimonials often written by the very same people running the show, or by people who joined the scheme and recruiting new participants.  Such phony testimonials often include a link with their affiliate ID.  One cannot make a genuine testimonial while being affiliated with the business.  The most absurd testimonials are from those Internet marketing Gurus having no website (and no contact information of course), yet making 6 figures per month promoting the get-rich quick program.
  • The biggest scams are not backed by gold; instead, they use the USD currency because it is far more popular than gold bullion.  For instance, AlterGold was using the USD, meaning the money was held in a bank account (which to many is much safer than holding gold in a vault).  Again, regardless of the legal structure and the safety measures of the banking industry, if the operator is dishonest, soon or later, he/she will find a way to steal the money.  As a reminder, the founders of AlterGold were involved in HYIP before launching AlterGold.  This statement says it all.

To protect your computer against online attacks, feel free to read our Online Safety and Security Tips.


Why should iGolder be successful while so many others failed?

Over the past decade, there has been countless failures in the payment industry. The following examples are simply our opinions why we believe the following payment systems encountered problems:

  • Liberty Reserve.  The Liberty Reserve API was hacked and more than $1 Million was stolen.  At iGolder, we also have an API for automating transactions, however we have numerous security features preventing misuse.  First, all accounts have automation disabled by default, and you must manually enable automation on your sub-account to use the API.  When you enable automation, you get a security token which is a password having 32 characters in length.  Such a password strength is impossible to guess.  You must also grant permission to the IP address, authorizing a particular computer to use your API.  As a result, even in the case someone knows your security token (your automation password), he/she will not be able to use the API unless you grant access.  Each time a new IP address attempts to use the automation API on your account, you will see a big warning when you login to your iGolder account.  At any time, you may re-generate a new security token.  To protect your account from API eavesdropping, the server responds only to encrypted API requests - any unencrypted request is ignored, so there is no danger you accidentally transmit your security token unencrypted.  We, the founders of iGolder, are professional software developers, and we designed iGolder with security in mind.  We have been victims of having our PayPal account hacked, where someone emptied our PayPal account.  We suspect the hacker was an insider working at PayPal, because PayPal refused to give us any information, such as the IP address where the hacker accessed our account nor any information about the recipient receiving our PayPal money.  After a lot of trouble, including being treated by PayPal as the fraudsters, we managed to get back our stolen $5000.  The morale of this story is we learned a lot from this incident, including what could be done to make PayPal safer from [outside] hackers.  Unfortunately, PayPal is now a big bureaucracy and it is a waste of our time to contact them.  Instead, we use our experience to improve the security and reliability of our website.  For instance, we do not outsource our development because we believe such activity represents a security issue.  Nobody knows the programmers who designed and developed Liberty Reserve -  even if the development was from a reputable company, nobody knows the background of every employees who wrote the code.  Any dishonest employee writing any code represents a security breach.  Besides our development techniques utilizing the most advanced security technology, what distinguishes iGolder from the crowd is our First Transaction Protection Delay which shields your account from an unauthorized transaction.  Depending on the amount transferred, the recipient has to wait from 24 hours to 72 hours for the transfer to clear, plus you receive an email notification each time there is transfer on your account, so you may stop the payment if you deem unauthorized.  This protection delay also give us time to notice something suspicious, such as repeated failed login or an unusual activity pattern related to a payment, and freeze the account for further investigation.  Anonymous Members are limited to withdraw (out-exchange) a maximum of 100 gr of gold per year, therefore making it very slow to empty a large account.  Only our Verified Members have no transaction limit, yet still subject to the First Transaction Protection Delay.  To further enhance our security, we developed the iGolder Bot, capable to analyze activity patterns.  For instance, a large transfer initiated from a new IP address to a new account raises suspicion, and may trigger an email confirmation message. There would have been no such fraud if Liberty Reserve had those security features in place.
  • e-Gold.  Technically e-gold is a Nevis corporation in the Caribbean, however e-gold Ltd. operated their business from the United States. The main office of e-gold Ltd and OmniPay was and still is located in Melborne, Florida and their servers are in Florida hence, they operated in US jurisdiction subject to US financial regulations.  Technically and legally correct, even if the entire financial operation was located in Europe, if there are any US customers (even one), the company is 100% subject to the State required money transmitter licensing in that customer's state and federal Patriot Act FinCEN registration.  There were many scams, including HYIPs, using e-gold.  The success of e-gold and OmniPay drew attention to the bureaucrats, probably with a combination of numerous scams, their reporting to the IRS via the 8300 Form and their online statistics .  The government prosecutors forced e-gold to sell the bullion behind 58 seized accounts and turn the funds over to the government.  Now, e-gold can't do business in any State they don't yet have a money transmitting license.  By contrast, iGolder is not a US corporation, our servers are located outside the US, and we do not deal with any money to avoid being subject to the financial regulations.  Keeping fraud at bay is our top priority, therefore not raising the awareness of our presence to the government.  For privacy, have also chosen a jurisdiction friendly to gold ownership and without any requirement to disclose our gold holdings.
  • e-Bullion.  After receiving numerous complaints, e-Bullion has got an "F" rating by the Better Business Bureau.  Whatever such bad rating was a setup by competitors, or a genuine non-existent customer service is unknown, however we know such a bad rating is not good for business.  e-bullion for many years allowed wide use of the digital gold by HYIP online investment Ponzi schemes and this brought the attention of several government investigations as far back as in 2003. Since e-bullion processed transactions though Goldfinger in house, there was a very small separation between the e-bullion operation and Goldfinger Coin & Bullion sales. e-bullion used Goldfinger bank accounts.  The government's attention arose from massive wire transfers from Ponzi schemes into Goldfinger for the purchase of e-bullion. James Fayed was taken into federal custody on a charge of operating an unlicensed money transactions and is now charged in connection with his wife's murder.  The murder of Pamela Fayed did not helped, especially after the FBI seized the assets (gold bars and cash reserves), leaving the e-Bullion insolvent.  This money transmitting law is the same charge that e-gold received, Crowne Gold received, battled etc. Even PayPal way back in 2003 just before their IPO, the government requested they get a money transmitting license for at least one state (Lousiana) before going public because they had a few scattered clients in Lousiana.  Again, iGolder is not in the US and does not handle any money and we are not operating in the US jurisdiction.  Therefore the US financial regulations do not apply to iGolder in any way.  Our excellence in our customer service will make sure we never receive an "F" rating.
  • Crowne Gold.  Crowne voluntarily closed in July 2008, mainly based on the fact that they could no longer get a US bank account or financial processing in the US, because of the nature of the digital gold business at that time. Their US bank closed them out (not seized, just booted them) and they could not get another.  One thing we know is they have been harassed a lot by the government. Crowne Gold fought the IRS allegation of being a tax evasion scheme and won, they fought the US Federal governments allegation of being an illegal money transmitter, and succeeded.  The IRS seized gold and silver in 2002 from Crowne Gold, then again in 2005 they seized another two bank accounts in their alleged claims.  We have great admiration towards the courageous people at Crowne Gold for not folding or fleeing in front of the Government.  At iGolder, we do not have any bank account, therefore no US bank can boot us out.  To ensure our network remains robust, we rely on our independent exchange providers to buy and sell iGolder.  This way, if one exchanger goes away, or has its bank account closed, there are plenty others to pick up the slack.
  • Liberty Dollar.  The Liberty Dollar is real, private currency that you can use instead of your familiar US dollars. You can spend Liberty Dollars just like U.S. dollars.  We applaud the bravery of Bernard von NotHaus for creating the Liberty Dollar, however we believe such private currency may bring legal trouble down the road.  On November 15, 2007, the office in Evansville, Indiana, and Mint in Coeur d'Alene, Idaho, which produced the Liberty Dollar was raided. The US has laws against producing coinage and was now calling Bernard's decade old creation 'coins'.  On that day, the FBI Secret Service took all the gold, all the silver, all the platinum and almost two tons of Ron Paul Dollars. They also took all the files, all the computers and froze their bank accounts.  At iGolder, we do not call your grams of gold Dollars and we are not trying to compete against the Federal Reserve.  We prefer to keep a lower profile and not have the Federal Government as our enemy.
  • 1MDC.  1MDC had no transfer fees and no storage fees, despite being backed by e-gold which had transfer fees and storage fees.  Instead of charging storage fees, 1MDC was instead paying special bonuses on large balances, up to 2.5% interest per year.  Also, 1MDC claimed to be a true offshore corporation, yet backed by e-gold, an entirely US-based company, owned and operated by US citizens, under the decisions of US courts.  Because 1MDC had no transfer fees, this type of payment system was the ideal conduit for pyramid schemes.  In our opinion, scammers and crooks were using 1MDC extensively.  On April 27, 2007, US government ordered e-gold to freeze and liquidate all 1MDC accounts, 1MDC became insolvent by default along with all other e-gold accounts seized.  At iGolder, we have a strong policy against fraud to keep us away from legal trouble.
  • OSGold.  According to their website in 2001, OSGold was a completely Offshore International Gold Storage and Payment System.  OSGold was offering monthly investment returns ranging from 30% to 45%.  It is amazing how many people got fooled by this investment scam.  According to a federal judge, OSGold bilked investors out of more than $250 millions.
  • AlterGold. The payment system AlterGold was operated by people involved in HYIP.  Although the payment system was not a HYIP, the operators/founders of AlterGold were crooks (see articles here and here).  If you do business with crooks, be prepared to get scammed one day.  Feel free to run an investigation about of iGolder and its founders.  You will discover we have never been involved in HYIP, gambling or any kind of fraud.
  • There are many other investment programs and online payment systems we believe are scams.  We are not disclosing their names because we fear litigation.  We prefer to spend our time taking care of our website and developing new features, than wasting our time and money in courts.

In a nutshell, the gold payments were either shut down by the government, or were outright HYIP scams.  All gold payments shut down by the government were turning a blind eye on fraud, such as allowing HYIPs, therefore giving the government ammunition to seize their assets.  At iGolder, our top priority is combating fraud.  First, we prohibit scams such as HYIPs and Autosurf, and also prohibit MLMs and get-rich quick programs to stay away from potentially fraudulent activities.  We also forbid gambling to protect ourselves.  We believe people are free to gamble, however without the involvement of iGolder.  We want to make sure we do not compete with state casinos and state lotteries clinging for their gambling monopoly.  This way, we greatly reduce the risks of provoking our enemy - The Government.


Calling "The Government" our enemy may sound harsh, however it is absolutely true regarding our business iGolder as well as for our personal freedom.  There are many powerful groups in the world today dedicated to collectivism & socialized government for the simple reason that collectivism allows them to exploit mankind.  There are individuals who make a handsome and permanent living out of the proceeds of despotism.  If things are to change, one must realize the extent to which the foundation of tyranny lies in the vast networks of corrupted people with an interest in maintaining tyranny.  Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.  According to George Washington, "Government is not reason; it is not eloquence; it is force.  Like fire, it is a dangerous servant and a fearful master."  No matter how high-minded the government sounds, its only power comes from the end of a gun.  The government is not benevolent, it is an institution breeding social conflict by granting privileges towards special interest groups to divide and conquer the population.  There are few people with good intentions working for the government, however the government itself is an institution of corruption and tyranny, and there is no way of changing this because the nature of government is force.  At best the government is wasteful, and its actions always impoverish its population. The State creates a constant class conflict between the taxpayers and those who benefit from the taxes.  People dependent on the State want more government, thus coercing others wishing to remain free.


"Do not give in to evil, but proceed ever more boldly against it."




Since August 1st, 2013 iGolder is no longer accepting new accounts and balances can only be redeemed. During the past years, we have been recommending Bitcoin more than our own payment system. We believe in physical gold ownership, and developed iGolder as a mechanism for people to acquire physical gold by trading with one another.

Since iGolder has a central point of failure (our server may be raided by thugs wearing some kind of uniform), we feet it is safer for us to cease operations. The iGolder experiment has been personally rewarding as we met many gold enthusiasts and also learned about Bitcoin in the process. For those who have no idea what Bitcoin is, we recommend doing your own research. Bitcoin is far superior to iGolder in every way, both in privacy and security as our server is always vulnerable to confiscation. Bitcoin is a communication protocol with a built-in "escrow service" capable of protecting both the buyer and the seller, rendering our Safetransit completely redundant. To learn more about the Bitcoin protocol and its feature, please watch " (Bitcoin 2012 London: Mike Hearn).

For those having gold in their iGolder account, we will ship the physical metal to anyone having more than 1 ounce of gold, assuming the owner is willing to assume the shipping costs. For smaller quantities, we offer to settle in Bitcoin, however we will also settle with any other reasonable payment system. We will give everyone at least two full years (until 2016) to contact us to claim their gold. After that period, any unclaimed gold will go to fund an economic development project in Honduras helping local people to become entrepreneurs.

We sincerely wish you the best in life and hope to keep in contact with you.

Yours in liberty,
The iGolder Team.

Update 2014: Since we announced we no longer accept gold transfers, we have received countless emails asking to keep the free gold charts and the PGP encryption tools. We plan to keep running the domain for both the gold charts and the encryption tools. Better, we are developing state of the art open-source software for a secure decentralized social network with a built-in wallet. We will announce when we have a product ready for use. Stay tuned!