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<p>[QUOTE="Leadfoot, post: 1404638, member: 2972"]Nobody says you have to use the CAC, and your argument is no different than the TPGs.</p><p><br /></p><p>Certainly you have a valid point about the amount of funds being diverted, but let's remember if the services weren't providing value, nobody would use them.</p><p><br /></p><p>Just because you don't see the value, doesn't mean the market does not. To the contrary, I would argue the TPGs and the CAC are both successful because they address a market need. If there was no need for the TPGs -- and raw coins were sold with equal abandon -- there would be no TPGs. Similarly, if there was no need for the CAC -- and the TPGs were doing a good enough job to begin with -- there would be no CAC. Yet there is, and by all accounts it is a successful endeavor if the number of coins submitted and bought/sold is the measure.</p><p><br /></p><p>All that said, you do make a good point about my comment -- it didn't leave the door open for any other arguments against the CAC. I've just yet to read one that I think is sound, but I'm certainly not the judge and jury over anything but my own opinion.</p><p><br /></p><p>Take care...Mike[/QUOTE]</p><p><br /></p>
[QUOTE="Leadfoot, post: 1404638, member: 2972"]Nobody says you have to use the CAC, and your argument is no different than the TPGs. Certainly you have a valid point about the amount of funds being diverted, but let's remember if the services weren't providing value, nobody would use them. Just because you don't see the value, doesn't mean the market does not. To the contrary, I would argue the TPGs and the CAC are both successful because they address a market need. If there was no need for the TPGs -- and raw coins were sold with equal abandon -- there would be no TPGs. Similarly, if there was no need for the CAC -- and the TPGs were doing a good enough job to begin with -- there would be no CAC. Yet there is, and by all accounts it is a successful endeavor if the number of coins submitted and bought/sold is the measure. All that said, you do make a good point about my comment -- it didn't leave the door open for any other arguments against the CAC. I've just yet to read one that I think is sound, but I'm certainly not the judge and jury over anything but my own opinion. Take care...Mike[/QUOTE]
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