IG systems are meant to be *monies* in the same way that USD and
Euros are moneys.
Reversible payments in e-gold or goldmoney makes little sense.
It would be like having "reversible US dollars"
Credit cards are, of course, something that *OPERATES WITH* US
Dollars. Indeed, in the future, if e-gold is really popular there
will be credit cards that operate with e-gold.
Or .. PrayPal for instance, may decide to offer e-gold accounts.
(Much as they may decide to expand to say Euros, of Canadian Dollars.)
(You get newbie kiddies from ebay etc that mistakenly think praypal,
credit cards, checks, IG, dollars, flooz are all the "same thing" or
"just transactions methods" .. .whatever.)
In short once Visa and Mastercard offer "e-gold" accounts** (just as
they currently offer not only USD, but Can, Euros, Yen, etc...), that
is the correct solution to the desire for merchants to offer a
reversible-like payment system. You can't have a money itself (a
supposed IG system) being reversible .... the simple case then is
that it's not a money system, it's just some sort of quasi
transactional system.
**ETA 2010
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What European tribes think of each other:
http://exile.ru/151/materials/europeans-chart.html
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