>I would have liked to have read your report. I did not want to join your >group for $35 dollars to do it.
Not a group actually. NWI is an analytical research organisation focusing on popular/consumer rights and interest issues. In addition to our major reports we also publish a series of e-reports. The $35 is a subscription to all e-reports for a year as well as allowing for priority access to any of our research data. The current report can be bought as well for $5 on an e-currency basis - or if you like through more conventional payment methods with a slight price adjustment and not processed instantly. >I also note you have limited the avenues for purchase. If you are speaking about the $5 purchase price we accept the following e-currencies, GoldMoney, e-gold and WebMoney as they offer merchant processing interfaces which allow for instant access to the report. Other e-currencies either do not provide this or are such that we would not be happy accepting them (and that includes PayPal). >Most of the time there is mention of Digital Gold Currencies. This particular report deals with DGCs specifically. Part 1 concentrates on the central issue whether, as things currently stand, there is sufficient verification of the gold holding which currency providers claim backs their operations, as well as an analysis of the existing operational structures in the light of protecting the physical gold holdings from mismanagement. Our conclusions are critical of the currency providers in this regard. This does not, however, detract from our view that if correctly structured and managed e-currency systems, whether metal based or not, could develop to hold key positions as real world small to medium enterprise business solutions. > Is it not just gold being exchanged? The exchange of gold as payment among a community willing to accept it as a method of settlement, by definition would make it a currency. However, only GoldMoney actually operates on a definite gold ownership transfer basis. For the rest, as comprehensively discussed in our report, the position is a little less clear. They would appear to operate on a negotiable instrument basis, i.e. all you have as an account holder is a promise from the company to give you an amount of gold in certain circumstances. When you pay someone else that currency providers liability in respect of that promise gets transferred to the person you paid. If the currency provider defaults because, for example, there turns out to be no gold in the vault after all you'll be stuck. Stuart __________________________________________________________________________ http://www.citydeep.com --- 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.
