Hawk wrote: > Large corporations won't begin to use "alternate > currencies" until, IMO, three things happen. These > three things are ultimately linked to one thing: the > corporations' bottom line. > > 1. You must increase the number of places that > accept/use E-Gold payments. > > 2. You must increase users by making it easier & > cheaper for people to acquire E-Gold. > > 3. You must make using E-Gold as easy as fiat money. > Another thing to keep in mind. International economics is sometimes ughly. CPAs, MBAs and corporate lawyers make a lot of decisions concerning money matters in corporations. I don't know if MBAs are licenced but the lawyers and CPAs are. These people are trained to follow the "norm" or that which they were taught is "OK" or "acceptable". Failure to do this is cause for yanking their control chain, er...., licence, 'cuse me. What will drive e-gold is what it driving it now - independent businesses and entreprenuers. The corporations will not embrace e-gold until it gets them in the pocket. Their first reaction is scepticism, then fear which many will use to undermine or terminate e-gold which they see as competition. Then, if e-gold survives, they will find some way to "cash in" either by using it like the rest of us or some kind of take-over which also includes but not limited to head-to-head competition, negative propaganda, etc. Next thing to watch is The System. The System is called a system because that is what it is. Comprised of Central Banks, lesser banks, insurance companies, shipping, medical, mining, chemical and power industries. All these work together to work everyone else - to their benefit of course. E-gold is small potatoes to these people and is not a concern at present. At some level of money exchange it will become a concern. E-gold will have to eventually be used by these closed industries if it is to become more than an economic blip. The big plum is the money printing industry of central banking. E-gold by its very nature (no fiat money; i.e., can't legally steal through inflation) is in their face. Perhaps if e-gold is to survive into the future they will have to decentralize and become a sort of guerilla economy where individuals and independents use it on a much broader global basis making it difficult and dangerous to the big boys to squash. Many wars have been waged over who gets to print and/or manage the money. Ideas for increasing e-gold penetration: 4. Sign-up Islamic banks in their 50 some countries. This should be easy. 5. Recruit Native American businesses. 6. Nation-wide (world-wide?) store fronts where the public can walk in with cash and transfer it to any other e-gold location and reconvert it back to local cash. This would put Western Union to shame. -- Life, Love and Laughter, Dale Pond Sympathetic Vibratory Physics Sacred Science - Sacred Life http://www.svpvril.com SVP Discussion Forum: http://groups.yahoo.com/group/svpvril/ --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED]
