Well you could be right although I do believe e-gold started out with the
intention of having a transactional business but have changed direction mid
stream and now look more like a wholesaler than retail.
There is room for more than one competitor I would say, perhaps several.
>===== Original Message From [EMAIL PROTECTED] =====
>markab23 wrote:
>>
>> Seems to me e-gold is in it for the money. nothing really altruistic.
>
>There's another reason for starting a business?
>
>> there has been little effort to expend e-gold into the commercial
community.
>> Take a look at the list of merchants on their directory. Less than 20 for
a
>> multi million dollar business?
>
>Most enduring fortunes of any size are engineered over time. Patience is
>a
>virtue few businesses have. It won't be much longer before businesses
>take
>note. Before there's a lot of free publicity. Before governments
>increase
>the value of gold (priced in western fiat currencies), a lot. And,
>governments
>won't be sending a promotion, advertizing or consulting bill.
>
>> If you are going to assess a company you do it not only by their financial
>> status but by their good will and social standing in the community and a
host
>> of other things.
>
>Social standing? What's that?
>
>> It seems to me that e-gold would rather take a back stage role in the gold
>> community and leave it to others (such as the newly launched Standard
>> Reserve? who seem more equipped to work at the coal face)
>
>That remains to be seen. And, who produced the current e-gold growth
>rates?
>Now project out a year or two. Now that's wise use of scarce resources.
>Plus,
>e-gold is *not* designed to be a *retail* currency! Despite doing a
>decent job
>of it.
>
>than enter the
>> foray of the commercial world.
>>
>> I think these is a definite place for a similar start up who is prepared to
>> interface with the world of commerce. A big launch into the world of
>> merchants (you have to start somewhere)
>
>Go for it.
>
>> Yes some time and money would be required but the possibilities are
boundless.
>
>Same with e-gold. Their ROE (return on equity) should be something to
>behold, too.
>
>> Anyone interested in a start up of this nature? contact me.
>>
>> Besides. e-gold could do with a little competition as well, might lift
their
>> game somewhat.
>
>Yes. Competition is good. Kind of a lousy time to raise capital right
>now, though.
>But nothing the matter with running scared looking over your shoulder at
>your competition. Good luck.
>
>Bob
>--
> http://www.constructiongigs.com/
>
>Use gold as money. It's easy. Create a free e-gold account here:
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>
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>
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