> Hello, I'm new to e-gold. I've read the list archives, and this seems like a > really good resource! I've come up with a few questions and I thought this > might be a good place to ask them.
I'll give you my take on them, but I am not am employee of either E-Gold or Omnipay. > * Why isn't the e-dinar one of the denominations listed in the e-gold > interface? > * It's the main denomination of e-gold's partner (or whatever). They're not a partner with e-gold. They simply have an agreement with E-gold for some services which allowed them to create e-Dinar.com. > * It's a useful value for everyone, not just muslims. For example, an > independent developer might charge 1 to 3 dinars/hour. A book might sell for > one-half dinar, a shareware application for one. Most people use 'grams of gold', to denote weights of e-gold. Some people might make 5 - 10 AUG per hour. A new book might cost 2 AUG. > * It's very inconvenient to get money into the system. How about getting a > chain like Kinko's or Mailboxes, etc., or one of those check cashing places > to act as a market maker? Go for it. If you can convince them to use your account as the referrer account, then you could profit from it. > * What happens to peoples' money if the company goes bankrupt? Do people get > their money, or would it be used to pay creditors first? E-Gold has no liabilities and no creditors. The gold in the system is trusted to the E-Gold Bullion Reserve Special Purpose Trust, which is obligated to maintain the gold on behalf of all account holders. If they were to close E-Gold down, they would probably sell the gold and distribute the value as cash. Craig (SnowDog) --- You are currently subscribed to e-gold-list as: [email protected] 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.
