Hello All,

Just a comment --

> From: "Ken Griffith" <[EMAIL PROTECTED]>
> To: "e-gold Discussion" <[EMAIL PROTECTED]>
> Subject: [e-gold-list] bad news
> Date: Thu, 20 Dec 2001 15:06:22 -0500
>
> It truly grieves me to post this story, but the facts are
> already in source documents posted on the Internet and this
> is extremely pertinent to everybody who uses digital gold
> currency.
>

The main e-gold asset is the people who
have learned what it is and how to use this system.

I think that e-gold has reached the level when
it would be rather hard work to make people forget about it.

e-Gold is based on ideas instead of just calculations,
it is more like religion than common business.

e-Gold has technology and experience.

It may be a good idea to extend this technology
so that it would be more robust in emergency situations
to make people yet more confident in the system.

The main point is that anyone may use payment system
where ownership of something valuable may be transferred
online in real time without charge backs using any secure
browser software plus advanced technology like shopping
cart interface etc.

What e-gold really does is that it provides
advanced payment services which may be based
on just about anything valuable.

Gold is the catchy word for advertising
but there are other valuables as well which
may be used for online payments.

There is a well known among Russian speaking webmasters
payment system which is working for already several years.
It is called Russian Link Exchange banner exchange --

http://www.rle.ru/
http://www.linkexchange.ru/

Any webmaster may accumulate banner impressions
and transfer them to someone's else account in this system.

These impressions are the sort of online currency now
which is used to buy Web hosting or to pay for services etc,
and these impressions may be sold for money.

The main thing here is wide user base of all
Russian speaking webmasters and good reputation
of this banner exchange system.

This system has several grades of impressions,
Classic without targeting and Gold with targeting etc,
these grades are valued and treated rather separately,
just like various metals in e-gold accounts.

Common prices are now --

10 US cents = 1,000 Classic impressions,
25 US cents = 1,000 Gold impressions.

What I want to say is that it may be a good idea
to use e-gold system and technology as foundation for
online digital economy and to add several (*many*) other
valuables like banner impressions etc thus making e-gold
the World's central clearing house for online payments.

e-Gold can create banner exchnage system and make its
banner impressions integrated into e-gold like e-metals are,
thus increasing user base up to all webmasters and making
the whole system generating its own national product.

Just like other currencies
are backed not only by static assets
but by production of valuables.

There was Russian speaking poet Alexander Pushkin
who has once written in Eugeny Onegin poetic romance --

To est on mog sudit o tom
kak gosudarstvo bogateet
i pochemu ne nuzhno zolota emu
kogda prostoj product imeet.

In English --

That is he was able to understand
how the country is becoming more wealthy
and why it does not need gold
when it has simple product.

Any opinions?

Respectfully yours,

Dmitry Salnikov,
http://dmitry-salnikov.com/index.htm

International business catalogue for e-gold users,
http://dmitry-salnikov.com/veda.htm

Gold Web Ring traffic maker for e-gold sites,
http://o.webring.com/hub?ring=gold

FreeBSD, Linux, C/C++, Perl, ...
Web software development services,
English / Russian translations.




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