Dear Patrick, The problem Lew has always faced is a paucity of writers on the huge number of topics he's interested in seeing material about. Having written stuff he's posted before, maybe I should take a crack at this gold online economy stuff. Hmm.....
> weren't supposed to act like sheep. Keep in mind that Lew publishes stuff from lots of people, not all of them with his exact same politics. > We need a cambio (MM) that does that. We are one. We being Gold Barter Holdings, through our Cambist.net exchange service. We are happy to work with c2it and Yahoo Pay Direct, provided certain verification information. There are, of course, risks to such efforts. But, without at least some risk-takers in the fold, this online gold economy isn't going to grow very fast. There are a few trillion dollars in credit card money and checking account money in circulation. If I understand e-gold's figures, and figuring another 20% for e-bullion, 10% more for GoldMoney, and a further 20% of e-gold's total for all the other currencies, there's only about $24 million in circulation. Sure it moves fast. But it isn't a major part of the world's economy, yet. Those of us who mean to change that have to take up the challenge of converting checking account money and credit card money to gold backed currencies. Regards, Jim http://www.two-cents-worth.com/?101468&EG --> hero worship isn't for me, but if you've got two decigrams of gold you aren't busy with...<grin> --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
