Jim, > > Gold price network is a currency? It is operated by Joel > Bruce of Asiana Gold exchange, I think. > G-P Members can trade with grams of gold, exchangable for e-gold as well as redeemable for nuggets as I recall. > > I did not realize freetraders was based on e-gold, or a > currency. > Not per se, but they do have Units of Exchange and it appears e-gold to be a favorite of the things people exchange UoEs for. > > Then there is your own cyfrocash. Or is that a secret? > No CF$ is not a secret, but it is also not a currency, nor is it planned to ever become one. CF$ is simply a platform to send money from and to USD accounts. In a way, CF$ is doing everything banks don't and many exchangers won't. It grew from a cheque cashing service sideline four years ago and became an independent company in 2000, just before we sold you some e-gold, our first ever out-exchange, as I recall. Which was also the time we started corresponding and you gave us a better understanding of the growing e-gold economy. Adding the service for exchangers to CF$ is fairly new, and also the reason why we do not retail exchange as such. In fact we do pass people who contact us to buy e-gold on to the exchangers who use our services and making withdrawals from a CF$ customer account into e-gold can cost a whopping 12.5% plus $2.80 service fee.
So nope, CF$ is neither a currency, nor an exchanger, nor does it want to be either of the two. Instead, buyers pay money into our bank accounts for the exchangers who have accounts with us. Saves the buyer bank fees, gives the exchanger the chummy feeling of instant cash and allows them to make the spends to their customers on the same day. Everybody benefits, everybody saves a few bucks, we make some, and everyone is happy. Of course, it works the other way around as well - but then, you do know that. Cheers, Robert. budget & privacy website hosting http://www.cyberica.net start a profitable online business http://www.cyberfrontier.biz budget domain registrations http://www.u2planet.com --- 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.
