[e-gold-list] Re: and wouldn't TWC be to die for!
- Original Message - From: "Elwyn Jenkins" [EMAIL PROTECTED] To: "e-gold Discussion" [EMAIL PROTECTED] Sent: Wednesday, February 28, 2001 05:46 Subject: [e-gold-list] Re: and wouldn't TWC be to die for! We have amongst the large companies, five who have accounts today in Standard Reserve. They are leading the charge to encouraging us to rename ourselves "Standard Transactions" and to become an offshore company providing services to the world. A worthy goal. It will come. Not this month. Not next month. But between here and 18 months. What we need are people who will move their entire balances to Standard Reserve who will use it as their USD current account, use the Debit Card as their method of payment in supermarkets, and withdraw cash from the ATM as needed. Get your employer to pay your total income into your SR account. Connect your employer with a professional market maker such as Eric. Get your employer to give you a benefit -- ask for your salary in gold and have him/her bear the in-exchange fee.In turn this will encourage the likes of GM to connect with and become a major user of the system. Not being nor having the resources and/or perspective of a market-maker, I am more of a general user of e-gold. Compared to various "offshore" debit card offerings (w/o e-gold linkage) the $75 annual fee plus $3 month fee for SR Instant Anywhere personal account initially seems reasonable in an arena void of competitive services. However the $3.50 ATM withdrawl fee is still relatively high for small transactions. In order to use at supermarkets, etc. some nominal or no transactional charge should be there to encourage acceptance such a consumer-oriented ATM gold debit payment method. Another type of interest-bearing Standard Reserve savings account feature linked to Instant Anywhere would likely encourage customers to maintain larger gold holdings. Best regards, k.b.ananda ICQ# 20645708 --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
we need some telecos accepting e-gold asap. given that its a competitive market and most bills have around 5 different ways of being paid (BPAY, credit card, direct debit, mail, in person (post office) etc.), it seems that e-gold could find a willing merchant. I really think there is a need for a privacy oriented teleco, given the extent to which government can use telephone records to observe both who was contacted, when for how long and at what cost, and to intercept actual communication. You cannot even get a prepaid mobile phone in oz without providing ID. digiplus will install a device in customers house which automatically adds the digiplus override code to calls so that customers can use digiplus by default. Why not have a telephone company that installed such a device but which also encrypted the call. The calls would all be to a 1800 number, the company would then connect the call through to the desired destination and accept e-gold for payment. In this way the places called cannot be detected, neither can the cost or the communications be intercepted, except between the company and the call destination. When two customers called each other, the encryption would secure the call from caller to caller. Getting prepayed mobile phones to accept e-gold must be the easiest thing though. David Hillary David Hillary --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
At 11:45 PM 2/28/2001 +1100, David Hillary wrote: we need some telecos accepting e-gold asap. We are working on that right now at Standard Reserve. We are in a testing phase with a large wireless teleco based in Atlanta, GA with pops in 27 countries. And this week I had dinner with two others who may also link into this operation. One company is based in Canada and the other in Germany. Stay tuned. George __ George Matyjewicz, President Standard Reserve Corp. -- Atlanta, GA World Wide Currency for the World Wide Web http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
Khurram, Once again, I applaud your rationalizations! Too little effort appears to be aimed at attracting the larger merchant organizations to accept e-gold. As a fellow Market Maker, it appears that the bulk of e-gold use is still limited to the many investment games/ponzis/pyramid programs out there. The list of accepting merchants DOES appear to be growing on the directory page, however, I have yet to see a major household name brand merchant added: J.C. Penny, Sears, Maytag, Calgon, GM, Ford, etc. Perhaps this will soon change as it appears the G. Matyjewicz and the SR team are pushing to get these merchants on board. While they are promoting SR-AUG, it is backed by e-gold, therefore indirectly e-gold use is being promoted. I have always been a believer that the MM's should focus on the act of the exchange. "IMHO" it should be those that developed the currency that negotiate with the merchants to accept it. You are a wise man far beyond your years, Mr. Khan! With Great Respect, Eric - Original Message - From: "Khurram Khan" [EMAIL PROTECTED] To: "e-gold Discussion" [EMAIL PROTECTED] Sent: Wednesday, February 28, 2001 12:29 AM Subject: [e-gold-list] Re: and wouldn't TWC be to die for! --- Douglas Jackson [EMAIL PROTECTED] wrote: I'll bet well over 100 people on this list send money to TimeWarner Communications every month too. Imagine TWC's (and other utilities') overhead relating to acceptance of mailed checks: - latency for check to arrive via mail, - human beings to open envelopes and manually transcribe posting information into operator interface, - prepare deposits and take to bank, - deal with overdraft checks... I wonder if this means that some marketing dollars are going to be spent to attract some large businesses. e-gold/ GSR's main marketing objective seems to be to attract Market Makers who will go out and attract people to use the currency. This just doesn't work. While MM's may be able to attract small mom and pop shops and individuals, they can not attract large business. Coming from a MM, is sounds like a sales pitch. "Hey I sell this stuff, so can you accept it" Coming from the company that issues the stuff can be a little different then the everyday telemarketing sales pitch. Khurram Khan _ Get email for your site --- http://www.everyone.net --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
Once again, I applaud your rationalizations! Too little effort appears to be aimed at attracting the larger merchant organizations to accept e-gold. As a fellow Market Maker, it appears that the bulk of e-gold use is still limited to the many investment games/ponzis/pyramid programs out there. I believe there will always be two kinds of money in this world, because there are two fundamental types of transactions: 1) Consumer controlled transactions, where the Consumer will demand the final say in the transaction; 2) Seller controlled transactions, where the Seller will demand the final say in the transaction. Transactions which are driven by consumers include relatively small value items with large price mark-ups. With consumer merchandise, sellers can accept some charge-backs and bounced checks, and still make a profit, because their mark-up is high, and their sales increase substantially when they allow the consumer to use his credit card. For these types of 'soft money' transactions, people can use credit cards, personal checks, money orders, and the new third party payment services, like PayPal. However, one would never consider using a credit card to purchase a new car, or a house, or to make a payroll, or make a B-2-B payment. These types of high-dollar transactions, where the seller cannot afford to have a payment reversed, will be controlled by the seller, and he has a need for 'hard money' which he can rely on to fulfill the transaction without the possibility of a reversal. This is where e-gold comes in. E-gold is TOO expensive to be used to purchase consumer merchandise, and will probably NEVER be used for this purpose. However, it is PERFECT for a large-value, low-markup transaction, and will probably find its niche here. A consumer will not want to spend his e-gold on a new toy, but he will be glad to use it for a new car, a vacation, perhaps a new house, to make a payroll, and perform other business transactions. Do you realize that the average number of listings on eBay, which accept e-gold, have FALLEN in the past year, even though e-gold is now 5 to 10 times larger than when I started counting the number of eBay auctions which take e-gold? Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
Craig, I agree with your points. And it appears, even so if indirectly, you are also supportive of the notion that the effort to promote e-gold's acceptance for big ticket items seems to have stalled. No wait: ..."patient appears to be in a state of non-response to verbal stimuli. Life supportive interventions have been implemented. Vent support initiated. IV fluids with a gtt rate 150 cc's per hour. Nourishment via Peg tube 250 cc bolus q 6 hours. Foley cath. Ted hose. Oral care q 2 hours. At this point, we have done all we can. It is up to the patient now..." There comes a point when outside efforts do well to maintain, but an internal desire to thrive and grow must come from the "patient". Once a "patient gives up the will to live, imminent death is soon to follow. E-gold "users" are growing, "accounts" are growing, but as you pointed out, there is a backsliding in people ACCEPTING e-gold. That is, until you consider the games/schemes/ponzis. Like a virus, they seem to multiply at an alarming speed. Perhaps a new desire for growth WILL come from within now that some competitors have joined the field. GoldMoney, Wise Assets, who is next? Eric - Original Message - From: "SnowDog" [EMAIL PROTECTED] To: "e-gold Discussion" [EMAIL PROTECTED] Sent: Wednesday, February 28, 2001 8:16 AM Subject: [e-gold-list] Re: and wouldn't TWC be to die for! Once again, I applaud your rationalizations! Too little effort appears to be aimed at attracting the larger merchant organizations to accept e-gold. As a fellow Market Maker, it appears that the bulk of e-gold use is still limited to the many investment games/ponzis/pyramid programs out there. I believe there will always be two kinds of money in this world, because there are two fundamental types of transactions: 1) Consumer controlled transactions, where the Consumer will demand the final say in the transaction; 2) Seller controlled transactions, where the Seller will demand the final say in the transaction. Transactions which are driven by consumers include relatively small value items with large price mark-ups. With consumer merchandise, sellers can accept some charge-backs and bounced checks, and still make a profit, because their mark-up is high, and their sales increase substantially when they allow the consumer to use his credit card. For these types of 'soft money' transactions, people can use credit cards, personal checks, money orders, and the new third party payment services, like PayPal. However, one would never consider using a credit card to purchase a new car, or a house, or to make a payroll, or make a B-2-B payment. These types of high-dollar transactions, where the seller cannot afford to have a payment reversed, will be controlled by the seller, and he has a need for 'hard money' which he can rely on to fulfill the transaction without the possibility of a reversal. This is where e-gold comes in. E-gold is TOO expensive to be used to purchase consumer merchandise, and will probably NEVER be used for this purpose. However, it is PERFECT for a large-value, low-markup transaction, and will probably find its niche here. A consumer will not want to spend his e-gold on a new toy, but he will be glad to use it for a new car, a vacation, perhaps a new house, to make a payroll, and perform other business transactions. Do you realize that the average number of listings on eBay, which accept e-gold, have FALLEN in the past year, even though e-gold is now 5 to 10 times larger than when I started counting the number of eBay auctions which take e-gold? Craig --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
I have been personally selling to GM for a number of months. Something like this does not happen overnight. We have yet several developments to make this attractive. They include the release of the Debit Card which started this week. Selling cycle to these giants is about 9 to 12 months and then we have to be written into their mode of operation. They also want to see that we are not a temporary dotcom and so have held off for awhile. We have amongst the large companies, five who have accounts today in Standard Reserve. They are leading the charge to encouraging us to rename ourselves "Standard Transactions" and to become an offshore company providing services to the world. So far, the Standard Reserve project has taken 12 months to get going. This has been because we have laid foundations for dealing with very large corporate clients. In essence, however, before we can actually provide services for them we need a source of more than USD5m as a trading balance to cope with their volume of transactions. It will come. Not this month. Not next month. But between here and 18 months. What we need are people who will move their entire balances to Standard Reserve who will use it as their USD current account, use the Debit Card as their method of payment in supermarkets, and withdraw cash from the ATM as needed. Get your employer to pay your total income into your SR account. Connect your employer with a professional market maker such as Eric. Get your employer to give you a benefit -- ask for your salary in gold and have him/her bear the in-exchange fee.In turn this will encourage the likes of GM to connect with and become a major user of the system. The believers must demonstrate their belief in use of this, and not just toy with it as a game. Before we get the GMs we need 200,000 believers who will use Standard Transactions and E-Gold as their financial center. This all starts with us. Dr Elwyn Jenkins Standard Transactions Standard Reserve The Gold Economy ++ -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of Eric Gaither Sent: Wednesday, February 28, 2001 8:55 AM To: e-gold Discussion Subject: [e-gold-list] Re: and wouldn't TWC be to die for! Craig, I agree with your points. And it appears, even so if indirectly, you are also supportive of the notion that the effort to promote e-gold's acceptance for big ticket items seems to have stalled. No wait: ..."patient appears to be in a state of non-response to verbal stimuli. Life supportive interventions have been implemented. Vent support initiated. IV fluids with a gtt rate 150 cc's per hour. Nourishment via Peg tube 250 cc bolus q 6 hours. Foley cath. Ted hose. Oral care q 2 hours. At this point, we have done all we can. It is up to the patient now..." There comes a point when outside efforts do well to maintain, but an internal desire to thrive and grow must come from the "patient". Once a "patient gives up the will to live, imminent death is soon to follow. E-gold "users" are growing, "accounts" are growing, but as you pointed out, there is a backsliding in people ACCEPTING e-gold. That is, until you consider the games/schemes/ponzis. Like a virus, they seem to multiply at an alarming speed. Perhaps a new desire for growth WILL come from within now that some competitors have joined the field. GoldMoney, Wise Assets, who is next? Eric - Original Message - From: "SnowDog" [EMAIL PROTECTED] To: "e-gold Discussion" [EMAIL PROTECTED] Sent: Wednesday, February 28, 2001 8:16 AM Subject: [e-gold-list] Re: and wouldn't TWC be to die for! Once again, I applaud your rationalizations! Too little effort appears to be aimed at attracting the larger merchant organizations to accept e-gold. As a fellow Market Maker, it appears that the bulk of e-gold use is still limited to the many investment games/ponzis/pyramid programs out there. I believe there will always be two kinds of money in this world, because there are two fundamental types of transactions: 1) Consumer controlled transactions, where the Consumer will demand the final say in the transaction; 2) Seller controlled transactions, where the Seller will demand the final say in the transaction. Transactions which are driven by consumers include relatively small value items with large price mark-ups. With consumer merchandise, sellers can accept some charge-backs and bounced checks, and still make a profit, because their mark-up is high, and their sales increase substantially when they allow the consumer to use his credit card. For these types of 'soft money' transactions, people can use credit cards, personal checks, money orders, and the new third party payment services, like PayPal. However, one would never consider using a credit card to purchase a new car, or a house, or to make a payroll, or make a B-2-B paymen
[e-gold-list] Re: and wouldn't TWC be to die for!
The believers must demonstrate their belief in use of this, and not just toy with it as a game. Before we get the GMs we need 200,000 believers who will use Standard Transactions and E-Gold as their financial center. How soon before we have immediate liquidity between SR and e-gold? Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
A few weeks. ej ++ -Original Message- From: SnowDog [mailto:[EMAIL PROTECTED]] Sent: Wednesday, February 28, 2001 9:08 AM To: Elwyn Jenkins; e-gold Discussion Subject: Re: [e-gold-list] Re: and wouldn't TWC be to die for! The believers must demonstrate their belief in use of this, and not just toy with it as a game. Before we get the GMs we need 200,000 believers who will use Standard Transactions and E-Gold as their financial center. How soon before we have immediate liquidity between SR and e-gold? Craig --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
I meant to post my original reply to Snowdog to the list, forgot it is set to reply to sender so here is the whole exchange. Without getting into why government snooping into private business transactions bothers me, my point was, such a transaction requires the receiving business to do work that they normally would not have to do, would they want to do that when they could just say, "Just write us a check"? Just to see the reaction, go around to the car dealers in your area and tell them you want to buy a new car but, you will be paying in cash, not by check and see how they react. Or, try paying cash for a large piece of industrial equipment. I'm not saying that it couldn't be done, I just don't think it is going to be received with open arms. Gary - Original Message - From: "SnowDog" [EMAIL PROTECTED] To: "gary" [EMAIL PROTECTED] Sent: Wednesday, February 28, 2001 9:08 AM Subject: Re: [e-gold-list] Re: and wouldn't TWC be to die for! Why does it matter? Thousands of businesses, everyday, follow US government regulations. Why does this bother you? Craig - Original Message - From: "gary" [EMAIL PROTECTED] To: "SnowDog" [EMAIL PROTECTED] Sent: Wednesday, February 28, 2001 7:53 AM Subject: Re: [e-gold-list] Re: and wouldn't TWC be to die for! Assuming that you could find a dealer to take e-gold for the purchase of a car or a business that would sell your business some expensive equipment and take e-gold for payment. would the receivers of that payment and/or e-gold now be required (at least in the US) to file a government report of a $10,000+ cash transaction? If so, would they want to bother with that type of business? Gary - Original Message - From: "SnowDog" [EMAIL PROTECTED] To: "e-gold Discussion" [EMAIL PROTECTED] Sent: Wednesday, February 28, 2001 8:16 AM Subject: [e-gold-list] Re: and wouldn't TWC be to die for! Once again, I applaud your rationalizations! Too little effort appears to be aimed at attracting the larger merchant organizations to accept e-gold. As a fellow Market Maker, it appears that the bulk of e-gold use is still limited to the many investment games/ponzis/pyramid programs out there. I believe there will always be two kinds of money in this world, because there are two fundamental types of transactions: 1) Consumer controlled transactions, where the Consumer will demand the final say in the transaction; 2) Seller controlled transactions, where the Seller will demand the final say in the transaction. Transactions which are driven by consumers include relatively small value items with large price mark-ups. With consumer merchandise, sellers can accept some charge-backs and bounced checks, and still make a profit, because their mark-up is high, and their sales increase substantially when they allow the consumer to use his credit card. For these types of 'soft money' transactions, people can use credit cards, personal checks, money orders, and the new third party payment services, like PayPal. However, one would never consider using a credit card to purchase a new car, or a house, or to make a payroll, or make a B-2-B payment. These types of high-dollar transactions, where the seller cannot afford to have a payment reversed, will be controlled by the seller, and he has a need for 'hard money' which he can rely on to fulfill the transaction without the possibility of a reversal. This is where e-gold comes in. E-gold is TOO expensive to be used to purchase consumer merchandise, and will probably NEVER be used for this purpose. However, it is PERFECT for a large-value, low-markup transaction, and will probably find its niche here. A consumer will not want to spend his e-gold on a new toy, but he will be glad to use it for a new car, a vacation, perhaps a new house, to make a payroll, and perform other business transactions. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
Gary wrote Just to see the reaction, go around to the car dealers in your area and tell them you want to buy a new car but, you will be paying in cash, not by check and see how they react. Or, try paying cash for a large piece of industrial equipment. I'm not saying that it couldn't be done, I just don't think it is going to be received with open arms. The main reason that many large ticket merchants, such as car dealers or industrial equipment dealers or apartment complexes, won't accept cash is that they don't want the associated security costs/risks. If you're a thief which would prefer? "Let's go knock over the local liquor store and make off with several hundred dollars." or... "Let's go knock over the local car dealer and make off with tens of thousands of dollars." I don't think many large ticket merchants would allow their merchandise to leave on the basis of a check they received from some random person off the street. However, they should have no problem doing this after receiving an e-gold payment. The only real problem I see with major corporations accepting e-gold is something that cannot be changed. That is the fact that e-gold ISN'T pegged to any fiat currency, namely the USD. It doesn't matter if USD flucuates against AUG, or the other way around. The amusing anecdote that an ounce of gold has already bought you a suit is just that, an amusing anecdote. The whole argument of financial risk vs. fiduciary(?) risk is only valid for the type of people who mainly use e-gold now (minus the scammers scammees). For the vast majority, it doesn't matter if the USD flucuates wildly against a set commodity. They view the other way around. The commodity's value is flucuating wildly against the set USD. The main concern is that the $100 I had in the account yesterday is no longer $100, it is now only $97. It doesn't matter that USD aren't stored in the account. That is what matters to them. Viking Coder Worth two cents? http://www.2cw.org/VikingCoder http://www.2cw.org/42[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
A concerted effort to create: 1.Exposure 2.Percieved need 3.Economical application is required. Those things may be needed but for a company to pitch to a large corporation, they need to create an image that they deal with the big dogs. The first step is to change the look of the site starting with the main page. The e-gold Front page looks like it was created by an 8th grader. The Standard Reserve main page just looks like there is something missing. Both of those companies should be looking to change their look so they can compete with GoldMoney from an image standpoint. If a person was to just see the mainpage of those three companies, they would conclude that GoldMoney is the "big time" appealing to the more "Professional" type people. Step 2: Make sure the sites that you link to look good. If you link to a site that looks like it was created by an amateur, then it shows people that you deal with mainly amateurs. The third thing, somebody please tell Reid that Less is More. Get rid of most of those listings you have under "Merchants and Organizations." Political Groups, Donations, Mom and Pop shops... please get rid of them. A link to a political party should never be on that page. Multiple links to people accepting donations says that e-gold is not a business tool but just a way to donate. Mom and Pop shops, well.. move them to a different site that only has merchant listings. Four: Stop talking about how gold is the only real money, and how investing in gold is a good thing. Talk more about the business aspects. Five: Create demos that show people how to use the system. Please! People will just not use it if they don't know how. You may higher a big time Marketer and pay them 100K a year but they'll tell you the same thing. There it is free of charge, use it, abuse it. Have a nice Day. Khurram Khan _ Get email for your site --- http://www.everyone.net --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
Five: Create demos that show people how to use the system. Please! People will just not use it if they don't know how. http://www.webex.com/home/default.htm WebEx might be good for this. My employer seems to think they have great value in the replay mode to explain. Personally I find it hard to sit through stuff like that unless it explains a complex thing. What would it say? Although the reasons why seem to be hard to grasp, the actions one can do on the site are fairly simple. If it is hard to use it should be redesigned. My main gripe is most pages take a long time to download. Most pages should download (via modem 93% of home users) in less then 10 seconds. After that users go somewhere else. "...speed must be the overriding design criterion." http://useit.com/alertbox/9703a.html The history page is great though -- very functional --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
--- Douglas Jackson [EMAIL PROTECTED] wrote: I'll bet well over 100 people on this list send money to TimeWarner Communications every month too. Imagine TWC's (and other utilities') overhead relating to acceptance of mailed checks: - latency for check to arrive via mail, - human beings to open envelopes and manually transcribe posting information into operator interface, - prepare deposits and take to bank, - deal with overdraft checks... I wonder if this means that some marketing dollars are going to be spent to attract some large businesses. e-gold/ GSR's main marketing objective seems to be to attract Market Makers who will go out and attract people to use the currency. This just doesn't work. While MM's may be able to attract small mom and pop shops and individuals, they can not attract large business. Coming from a MM, is sounds like a sales pitch. "Hey I sell this stuff, so can you accept it" Coming from the company that issues the stuff can be a little different then the everyday telemarketing sales pitch. Khurram Khan _ Get email for your site --- http://www.everyone.net --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: and wouldn't TWC be to die for!
Yeah, let's get AOL-TimeWarner on the e-gold band wagon. If it goes well Cates and family will make their moves to buy out e-gold, StandardReserve, Omnipay, and family -- or try to create their own to compete! ;-) Still, sooner or later, e-gold or something like it will go mainstream. Whether, in that process, the cyber-gold exchange world can be truly global in scope and free from one country or corporation's dominance or hegemony, is a question to be considered... Best regards, k.b.ananda ICQ# 20645708 - Original Message - From: "Douglas Jackson" [EMAIL PROTECTED] To: "e-gold Discussion" [EMAIL PROTECTED] Sent: Tuesday, February 27, 2001 09:28 Subject: [e-gold-list] and wouldn't TWC be to die for! I'll bet well over 100 people on this list send money to TimeWarner Communications every month too. Imagine TWC's (and other utilities') overhead relating to acceptance of mailed checks: - latency for check to arrive via mail, - human beings to open envelopes and manually transcribe posting information into operator interface, - prepare deposits and take to bank, - deal with overdraft checks... How much better if some of their remittances were coming in as e-gold, via shopping cart that gives authenticated server-to-server notification that would enable them to post account as paid, programmatically, with minimal human oversight. They could probably offload whatever e-gold they receive to the wholesale/secondary exchange market at a higher exchange rate than that at which they received it. Doug --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
