At 12:20 PM 9/20/2002 -0400, Morgan Harry wrote: >[...] On the other hand, some exchange providers are able to fund an >account in a matter of minutes, so a new account with e-gold can be funded >and operated in a very short period of time.
Please explain how to do this in "a very short period of time"; I spent awhile staring at the web pages of exchange providers and they all seem to want some variation of a wire transfer or a cash deposit, both of those requiring an in-person trip to a bank during banking hours, or the payment of significant fees someone like Western Union, again, during business hours and away from my comfy chair. If there's another way - where a person can learn about e-gold, open an account, and have it funded and then buy something without leaving their seat at the computer, I'd sure love to hear about it. I don't mean to say that the exchange providers are bad people, when they want known good funds coming in to exchange for their known good funds going out - I wouldn't want to be on the other end of a chargeback, having paid out irrevocably in the meantime - but I'm trying to figure out whether you see a solution here that others have missed, or if you're saying that from your perspective the logistical hurdles involved in funding an e-gold account shouldn't be such a big obstacle. (Which is a nice argument to make, but arguing that a problem isn't very important isn't the same thing as solving it.) I don't think that extending credit to the exchange providers really solves this problem - I don't care if I can borrow money (or gold) cheaply and easily, if I'm still obligated to pay it back even if my customer magically yanks his payment out of my till 60 days down the road. And, if I (wearing a hypothetical exchange provider hat) don't have to pay it back, then who does? Since this is all backed one-for-one by gold bars, someone's gotta pay for that free lunch. -- Greg Broiles -- [EMAIL PROTECTED] -- PGP 0x26E4488c or 0x94245961 --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
