> Now, if it was somehow possible to move the cost e-gold from the buyer to > the seller, then perchaps e-gold would have a chance. Untill that happens I > see e-gold confined to a niche markets. The way it is right now, it will > takie off for mass payments.
I understand your point, which is that the Exchange Rate, used in SPENDING e-gold, should be set higher -- closer to the rate at which the customer actually buys the e-gold. My question is this: given that everyone charges different rates when selling e-gold, (from 5% to 18% as you noted), then which rate should they use as the SPEND rate? Should they use a rate 5% over the Spot Price of gold, or 18% over the Spot Price of gold? Otherwise, it's impossible to do what you're asking since there will always be a difference in price between the price that people will offer e-gold in exchange for a large bank-wire, and the price that people will offer e-gold in exchange for a credit card risk. Craig --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
