James wrote "Oh yes it does. e-gold has/had/will-have 0 (no, zero) bank
accounts. A plastic card relies on banks"

An E-gold debit card, as I see it, doesn't implicate any bank. The card
simply contains digital information about how to access an E-gold account.
So, the card doesn't actually contain the amount of egold, but simple access
information: user name and password; it's like a door key. As I said, each
E-gold account must have a special "use" attribute because nobody must be
able to transfer / steal money from a card to an another account, unless
that account belongs to a business that accepts debit cards; the "real life"
accounts have balance limitations. So, a transaction is simply the transfer
of information from one e-gold account to another, without human
intervention. This means that there must be an accredited (by E-gold)
hardware device which may perform the transfer online (with SSL and all),
using tight E-gold system integration.


"They spend gold once they get it!! They merely choose not to spend any of
it TO YOU"

If they spend the egold within the system (not out-exchange it), it's okay
because that egold continues to circulate *within* the system.


"I don't think either one would be effective advertising for a new currency"

Sorry about the direct... approach, I was not thinking that E-gold should
advertise with these services when I said "what would you choose", but
thinking to what would choose a business, *any* business in the world. I for
one would choose Postmaster from the two choices. I agree that there is no
use in email or AdWords advertising for E-gold, just word of mouth and
merchants that accept egold.

As for professionalism, I guess we can't agree, but think at this:
Postmaster has a 6 Google rank and there are very few sites of that stature
around (I am not referring to the Google rank); Postmaster has milions of
opt-in users and some very important clients (like "CD-Rom Guide, CNET,
EarthWeb, FreeTechMail, Internet.com, intranets.com, MSNBC.com, NewMedia,
Techies.com, TechRepublic, TechTarget, ZDNet"). Nobody can use Postmaster to
spam because Postmaster sends the emails only to the users who have
previously accepted to receive it. The sites that offer "get paid to read"
usually have 0 rank and there are lots of them around, with many people
registring only to get a few cents per email, not because they are really
intereseted in the content. I trust more someone who reads an email without
being paid to do that.


Sidd, of course, you are right that the "spot" depends of whom you're
asking. I was thinking the "spot" is what Oanda says: the value taken
directly from the computer network of the banks that are involved in
establishing the forex rates, the "Interbank Forex Market"
(http://fxtrade.oanda.com/about/about_fxtrade.shtml - "100% automated - from
market-making through trade execution"). The E-gold spot is in the middle of
what the others say.


Regards,
George Hara
www.filematrix.xnet.ro




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