>Hi, > >Well, I don't agree. > >Imagine someone wants to pay $100 for a product with e-gold. To >purchase e-gold they have to pay anywhere from 18% (CC) to 5% >premium, already they are at a loss of $5 to $18. Now they pay their >merchant with e-gold. The merchant received e-gold, and knows that >etc etc...
Adam, there will be hundreds of thousands of dollars worth of e-gold activity - spends - in the time between your email and this one http://e-gold.com/stats.html E-gold could not be any more successful, its a mega-hit, a hyper-hit, it has grown from nothing to the stats seen above in a couple years, it is growing geometrically with no boundary in sight. You are describing above a "payment system". So, Biff is sitting at home and he wants a book which costs twenty bucks. Biff finds a way to buy e-gold .. he buys 20 odd bucks worth, paying say $22. Perhaps he pays by check - he mails the check to someone who cashes it, and then pays Biff the egold. Finally Biff sends the egold to the bookseller. The bookseller finds a way to sell the egold for USDs .. etc .. The word for all this is ... "insane" :) Why? You'd just send the check to the bookseller. e-gold is not a "payment system", it is "money itself" many of my clients PAY me in e-gold. in fact, most of my employees demand to be paid in egold. When I buy stuff, I very often pay for it using egold. A business will say to me "hey, its 20 grams for those DOMs" and I pay using egold. I own business (eg http://bananagold.com) that generate e-gold as profits. (Well maybe one day profits! :) ) And so on. These days when someone offers to pay me for something with USD, I find it annoying and my thought is "I suppose, well how can I get rid of these USD and get some e-gold to meet this month's expenses" e-gold *is* a money, Adam, it's another currency like USD or CAN, that's the key. JP! --- 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.
