At 08:13 PM 2/7/2001 +1100, [EMAIL PROTECTED] wrote: >>Most certainly... but a payment fee of $8.43 on a payment of >>$8,430 may not be excessive when you consider current exchange >>rates and services charges to acquire such a quantity of e-gold in >>the first place. > >I don't really agree with that, Claude! > >I think the world (well, a handful of people) are moving to a "gold economy" Approx 160,000 people. While the number of folks online is a very inexact science, the total reported by NUA, the leading worldwide survey firm is 407.1 million. http://www.nua.ie/surveys/how_many_online/index.html That means there are .039% involved in the gold economy. So, my question always is "How do we attract the other 406,940,000 netizens?" IMHO it gets back to the Catch22 issues... Merchant: "What is the total number of people may be spending with me?" Consumer: "Where can I spend my gold?" Of course there are other issues with consumers: Regarding paying of salaries at major corporations (or many others), cheaper isn't always better. Can you picture a major corporation paying 5,000 people worldwide (which we are discussing now) and not be able to reach customer service by telephone? While I do agree that the fees for funding gold can be expensive, you need to look at the total picture - what is the customer saving by using gold? Look at tangible (actual) and intangible savings. George PS Very nice site at Gold Money. Well done. ______________________________________ George Matyjewicz, Chief Executive Officer Standard Reserve Corp. -- Atlanta, GA World Wide Currency for the World Wide Web http://www.standardreserve.com mailto:[EMAIL PROTECTED] --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
