-------------------------- Though a few merchants who accept e-gold payments are listed on the website, I don't see much future for the system since it's difficult to get money into the system. --------------------------
I do not understand this (extremely common) statement. He found the list of merchants. which means he found the list of market makers/exchange providers. Listed there are business all over the world, and who accept whatever (valid) payment method you have to offer. The consensus appears to be that this "difficulty in getting money into the system" is the exchange, either way, surcharge. I did a quick little look around and realised what the problem might be - honesty. Here was my little experiment: e-gold is a currency (AUG) - correct? The Euro is a currency (EUR) - correct? I want to obtain 1000 EUR in euro notes, paid for with US dollars. oanda.com says that 1 Euro = 1.1345 USD I checked a few currency exchange sites, all of whom said that there was no commission or fee charged. ordercurrency.com 1000 Euro = 1294.13 USD 14% exchange surcharge www.foreign-currency.com 1000 Euro = 1241.84 USD 9.5% exchange surcharge travelex.com 1000 Euro = 1222.72 USD 7.8% exchange surcharge FX Delivery (service of travelex.com on oanda.com) 1000 Euro = 1213.60 USD 7% exchange surcharge Now, I want to obtain 100 AUG, paid for with US dollars. prices.e-gold.com says 1 AUG = 11.076 USD kitco.com says london fix of 1 gram of gold = 11.04 USD A&B Gold Commerce charges a 5% fee Bishop's Gold charges a 6% fee Gold Age charges a 2-10% fee depending on method & membership It appears to be easier to get into e-gold than it does to get into the Euro, so the problem must be honesty. People want to be told that they are getting something for free, when their money is being silently taken hand over fist. That sounds remarkably like the prevailing model of government, in fact. Adam 876545.e-gold.com Concerned about your privacy? Follow this link to get FREE encrypted email: https://www.hushmail.com/?l=2 Free, ultra-private instant messaging with Hush Messenger https://www.hushmail.com/services.php?subloc=messenger&l=434 Promote security and make money with the Hushmail Affiliate Program: https://www.hushmail.com/about.php?subloc=affiliate&l=427 --- 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.
