Related: perfectmoney.com decided to no more register US citizens:
Dear Perfect Money Customers,
Due to changes in our policy we forbid new registrations from individuals or companies based in the United States of America. This includes US citizens residing overseas.
LR was mostly used for ponzi schemes, basically frauds:
MLM:
http://en.wikipedia.org/wiki/Multi-level_marketing
Forex:
http://en.wikipedia.org/wiki/Foreign_exchange_market
HYIP:
http://en.wikipedia.org/wiki/High-yi...stment_program
And... illegal stuff for example buy stolen credit cards or drugs (witnessed it while tracking some carder of our cam site, followed in him into an irc channel where buying cards for lr).
It could be some of those who had LR accounts may switch to bitcoins, but it is too volatile for them perhaps. But if more like perfectmoney , egopay , solidtrustpay , okpay and whatever are shut down, really these guys may have to go bitcoin (or litecoin or whatevercoin). Still when buy or sell for dollars the exchangers can be closed.. they should do really a barter, things for bitcoins and bitcoins for things, with no any dollar in middle or in the process.