Melanie from BitGold again! I just posted these resources elsewhere, and thought it might be helpful to include them here as well to address these "scam" claims. As always, please feel free to direct any questions to support@bitgold.com.

The accusations that we are a "scam" are coming from those who have tried to take advantage of our referral program, which is prohibited in our Terms of Service. This program will be updated to further discourage abuse of the program, as is discussed here:

Update to the Golden Heart Referral Program from BitGold CEO Darrell MacMullin - community.bitgold.com/discussion/468/

Here are some other helpful resources:

BitGold's Safety and Security page (including information about our regulatory compliance, auditing information, insurance, and more) - https://www.bitgold.com/safety-security#/

Public Regulatory Filings of GoldMoney Inc. (BitGold's parent company) - http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00037170

Interview with CEO Darrell MacMullin on Bloomberg TV - http://bloombergtv.ca/news/industries/tech-and-health/bitgold-ceo-were-in-the-middle-of-a-technology-revolution/

Interview with CEO Darrell MacMullin and co-founder Josh Crumb on BNN - http://www.bnn.ca/Video/player.aspx?vid=788076

oh my god.
this bitgold keep sending newsletter to my email.
cant stop this maddness,trying to get lot of refferal,but get none

If so does anyone know which laws are causing the restriction?

There are a number of reasons, but let’s focus on one: the capital gains tax. The Fed debases the dollar, but of course not gold and silver. As the dollar falls, the prices of the metals rise. The government treats this as a “gain” and upon sale of the metal, levies a tax on it. If the dollar loses half its value, then the gold price will double, say from $1,400 to $2,800. The government takes 28 percent of this difference, or about $400. The only way to avoid this tax is by not selling. Thus gold and silver are best suited to long-term preservation of wealth: hoarding.