> Of course, BPay may not have the automation features you need for this, but
> it sounds like Bryan is suggesting that BPay is low risk for market 
> makers.  In other words, you could receive a BPayment and feel completely
> confident in spending gold in return, knowing that the payment was real and
> non-repudiable.

> Is that true, Bryan?

I never said anything about non-repudiation, I was merely addressing the
"fast and convenient funding" issue.

Not being a merchant, I don't know the ins and outs of the repudiation
issue. JP suggests that being a bank tx that it is reversible. I'll take
his word for it - again, I'm just talking about speed. If nothing else,
look at BPay in comparison to checks. If there is a clearance period for
BPay, the fact you don't need to leave a house and send a piece of paper
saves time.

There are x-er's out there from Oz who can tell us what the real deal is
when they wake up later today US time.

BRYAN

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