> > >It is not important that you own the physical gold. It is only important >that you own the digital gold grams, and that they remain valuable. > > Right, as far as digital gold grams can be swaped for real gold grams in any time. In reality, I guess, manipulation with real gold is rather expensive so good audit is needed. Such audit should prove that sum of digital gold grams among accounts or holdings match some gold in the deposit. And of course, that what is claimed to be real gold is really that yellow metal. I think Internet can provide nice way for clients to:
1) obtaining signed certificates of digital gold ownership 2) collecting these certificates on some elected site 3) voting for one or more auditing companies 4) having reports of audit on time etc.. -- Kamil --- 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.
