[e-gold-list] Re: Why would anyone need Pay Pal?
-- From: Patrick Chkoreff [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Subject: [e-gold-list] Re: Why would anyone need Pay Pal? Date: Fri, Sep 20, 2002, 4:12 PM Patrick wrote: Let me pose a specific scenario. Imagine how cool it would be if I could tell an employer to direct-deposit my paycheck into a certain bank, and unbeknownst to my employer the funds would actually go to a market maker acting as a bank who would then dump gold into my account. We basically do this right now. We have customers who have told their employers to deposit a portion of their paycheck every pay cycle directly into our account via ACH. Then we later credit that person's e-gold account. - John --- http://cambist.net --- 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.
[e-gold-list] Re: Why would anyone need Pay Pal?
Patrick wrote: Let me pose a specific scenario. Imagine how cool it would be if I could tell an employer to direct-deposit my paycheck into a certain bank, and unbeknownst to my employer the funds would actually go to a market maker acting as a bank who would then dump gold into my account. John Kyle wrote: We basically do this right now. We have customers who have told their employers to deposit a portion of their paycheck every pay cycle directly into our account via ACH. Then we later credit that person's e-gold account. That rocks. It doesn't get much easier than that! -- Patrick --- 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.
[e-gold-list] Re: Why would anyone need Pay Pal?
That more then rocks, sounds like suicide to me since ACH transfers can be reversed 90 to 180 days after they complete. Have fun, I am sure the crooks using E-Gold will catch up with you soon.. MB John Kyle wrote: We basically do this right now. We have customers who have told their employers to deposit a portion of their paycheck every pay cycle directly into our account via ACH. Then we later credit that person's e-gold account. That rocks. It doesn't get much easier than that! -- Patrick _ MSN Photos is the easiest way to share and print your photos: http://photos.msn.com/support/worldwide.aspx --- 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.
[e-gold-list] Re: Why would anyone need Pay Pal?
At 03:49 PM 9/20/2002 -0400, Fred Michaelis wrote: Just one quick observation. In the USA, strangely enough, most people buy things using the US dollar. Why? Because a lot of sellers will accept it. So, it would follow, if sellers sold more things for the value of E-gold, it would not be a problem to have all or most of your money in E-gold. If you have E-gold, it is no problem spending it at the grocery store, as long as you have used it to load an offshore debit card. I spend e-Gold at my grocery store - Krogers and Stop Shop, and at BP Gas (petro for our Aussie friends) and this week even at a local hardware store. They have a pin-based POS machine, and I use the debit card with Cash Cards and pay from my account. The only complaint I ever heard from them was how heavy the gold bars were and how they jammed up the ATMs g Getting money out of the system is easy with a debit card. Getting money in the system is still the challenge, and so far nobody has any good answers. The Australian banking system and TechnoCash in Sydney are both viable alternatives, at least if you live down under. The banking system in the US is very fragmented due to antiquated banking laws, which makes it almost impossible to arrange something to have national coverage. Me thinks we need something similar to check cashing services. George ___ George Matyjewicz GAP Enterprises, Ltd. http://www.gapent.com/ Book Author and Doctoral Candidate in Training Moderator of E-Tailer's Digest http://www.etailersdigest.com/ Automated Press Releases http://www.automatedpr.com/ Marketing Your Web http://www.gapent.com/myweb/ Board Member AIB #34 http://www.aib-world.org/ --- 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.
[e-gold-list] Re: Why would anyone need Pay Pal?
At 04:21 PM 9/20/2002 -0400, George Matyjewicz wrote: Me thinks we need something similar to check cashing services. I think you're onto something there, George. You have to be the bank, figuratively or maybe someday even literally. -- Patrick --- 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.
[e-gold-list] Re: Why would anyone need Pay Pal?
Here's the thing you guys. There IS NO WAY, and there will never be a way, for it to be easy to convert from national currencies to GOLD (Here's why: http://interestingsoftware.com/mayscale.html ) It will not, cannot and never will be easy. Let's say historically over the 20 years 2000-2020 France moves from Euros to e-gold. That will NOT be easy, nothing about it will be easy. (Changing from Francs to Euros was very simple, because .. both are a joke. But changing from Euros to actual GOLD (for god's sake) will be fraught with difficulties at every step.) It will be a challenging, gruelling, grinding process. -- --- 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.
[e-gold-list] Re: Why would anyone need Pay Pal?
At 04:31 PM 9/20/2002 -0500, [EMAIL PROTECTED] wrote: There IS NO WAY, and there will never be a way, for it to be easy to convert from national currencies to GOLD (Here's why: http://interestingsoftware.com/mayscale.html ) It will not, cannot and never will be easy. I didn't say it would ever be easy. I'm just wondering if it can be easier than it is today. -- Patrick --- 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.
[e-gold-list] Re: Why would anyone need Pay Pal?
Patrick Chkoreff wrote: At 04:31 PM 9/20/2002 -0500, [EMAIL PROTECTED] wrote: There IS NO WAY, and there will never be a way, for it to be easy to convert from national currencies to GOLD (Here's why: http://interestingsoftware.com/mayscale.html ) It will not, cannot and never will be easy. One day it will. Profit is a great incentive, almost as high on the scale as survival. 20 years ago one could not imagine transferring money from your chair at home around the world and receiving funds the same way. Now it is commonplace (at least here in Australia and NZ, not sure about the US - grin). Eventually someone will have enough incentive to find a way to make it convienient and easy, just as ways have been found to send mass communications around the globe in seconds. Incentive found a way for us to fly, to drive fancy cars, to improve production in many many ways. This will be no different. Progress will march inexonerably on doomsayers notwithstanding. Kind regards, [EMAIL PROTECTED] A Member of the Gaithman Group of Companies An Accredited Founding Member of the eCurrency Trade Association Inc http://www.gold-today.com 'Always check that gold account before you spend. Go to www.currencyregistry.com it's free!' --- 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.
[e-gold-list] Re: Why would anyone need Pay Pal?
JP wrote: There IS NO WAY, and there will never be a way, for it to be easy to convert from national currencies to GOLD (Here's why: http://interestingsoftware.com/mayscale.html ) It will not, cannot and never will be easy. Patrick wrote: I didn't say it would ever be easy. I'm just wondering if it can be easier than it is today. Let me pose a specific scenario. Imagine how cool it would be if I could tell an employer to direct-deposit my paycheck into a certain bank, and unbeknownst to my employer the funds would actually go to a market maker acting as a bank who would then dump gold into my account. I mean, we're kind of getting there with Gaithman's and other MM's ability to direct deposit funds into their accounts and receive gold in return. All we need is a direct deposit route. Sure, the funding of your gold account would not be easy for the market maker. He would definitely have to confirm receipt of funds, wait the proper number of days, acquire new bars, and all the hard stuff implied by the May Scale. It's just that HE'D have to do it, not YOU. :-) :-) -- Patrick --- 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.
