>Therefore the only really safe way for market makers to sell e-gold is the
>kind of money transfer which is initiated by the customer. If you go to
>the bank and initiate a wire transfer, you won't be able to go back later
>and say it was done without your permission. In most countries with decent
>internet banking (not the USA, where about all you can do is check
>balances) you can make at least domestic transfers if not international
>transfers from within internet banking systems.
...
>I think this is the way to go for any entrepreneurs out there who want to
>sell e-gold online in real time. I think it's reasonable to assume that
>most people who want to use e-gold will already have some form of online
>access to their bank accounts (is it??) so you need to work with major
>banks to create an e-gold purchasing interface that takes people directly
>to their own bank where they can initiate the transfer to the bank's
>satisfaction.
Some of this is almost in place. Currently I can go to Wells Fargo and
withdraw cash from one of my accounts and deposit it in Gaithmans account
at Wells and get e-gold in a day or less. Takes me about 30 minutes to get
to the car, drive to the bank, stand in line, and drive home. All we need
is a way for me to do the same online. Technically there is no reason not
to. I can transfer money instantly between all my accounts currently, you
are just extending it to transfering the money to someone else's
account. I guess I'll send a request to the bank to have them add that,
but I'm not sure if they would not have some regulation preventing
it. Also would this be a real cash transfer, or be seen as a check type
transaction by the MM?
Cheers,
Paul Ewing
Shining Moon Creations - Exotic and Fantasy Jewelry
http://www.shiningmoon.com
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