At 03:21 PM 11/25/2001 -0500, David Brooks wrote:
How is e-gold useful? Transaction fees are orders of magnitude
larger than the transaction amount.
Steve,
With respect, I believe you do not understand the
transaction fee structure of e-Gold. This is quoted
from the e-Gold webpage:
At 08:51 PM -0800 11/25/2001, Greg Broiles wrote:
...
Steve and I experimented with very small e-gold transactions tonight - if
he sent me .1 ounces of gold (USD .002728), I received .06 ounces
(USD .001637), and e-gold took .04 (USD .001091) for their spend fee ..
which is a
At 10:15 PM 11/25/2001 -0500, Andrew McMeikan wrote:
For sweetspot applications that are considered immoral in *any* place in
the world then you get at least a potential problem for those that
promote/encourage/use depending on the reach and proportional power of
those offended
Agreed. But then
How is e-gold useful? Transaction fees are orders of magnitude
larger than the transaction amount.
Steve,
With respect, I believe you do not understand the
transaction fee structure of e-Gold. This is quoted
from the e-Gold webpage:
http://www.e-gold.com/unsecure/fees.htm
The fee for
How is e-gold useful? Transaction fees are orders of magnitude larger than
the transaction amount.
How is 1% of the transaction amount orders of magnitude *larger* than the
transaction amount? Shouldn't that be the other way around?
We'll probably see pay per page online when we see pay
At 03:21 PM 11/25/2001 -0500, David Brooks wrote:
How is e-gold useful? Transaction fees are orders of magnitude
larger than the transaction amount.
Steve,
With respect, I believe you do not understand the
transaction fee structure of e-Gold. This is quoted
from the e-Gold webpage:
snip
CONCLUSION:
To really do something about untraceability you need to be untraceable.
Draw this graph I outlined. Think about where the markets are for tools
for privacy and untraceability. Realize that many of the far out' sweet
spot applications are not necessarily immoral: think of
Let me make it clear (and I hope Mr. Schear can also clarify his message)
that I think e-gold's one of many tools that make very small payments easier
than they're made out to be. e-gold spend and storage fees are low enough
that I think it's economical, but I'd bet the more important role of
Let me make it clear (and I hope Mr. Schear can also clarify his message)
that I think e-gold's one of many tools that make very small payments easier
than they're made out to be. e-gold spend and storage fees are low enough
that I think it's economical,
purely FWIW, my opinion is that
James M. Ray wrote:
Trivia question for (at least) a gram! What's the name of the VERY FIRST
currency that was based wholly on e-gold,
Flying Rat
and (this is the hint...) where is
it used? First correct answer gets a gram of e-gold!
It's not used now that I know of.
Bob
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