George Matyjewicz wrote:
> Bring merchants millions of users,
> and they will accept gold.
When PayPal hit a million accounts, that nice, round, head
turning number got businesses to check out PayPal's growth
rates and extrapolate into the future. The rest is history,
already.
If e-gold's current various growth rates continue, it's a
matter of time when some number developes that turns
businesses' heads. Great enterprises (PayPal is not one of
them, I believe) take time, persistence and determination.
And I see a lot of persistence and determination out there.
> The gold economy cannot be a group of radicals trying to
> overthrow the monetary system, or the tax structures in one's
> country.
George, if it wasn't for radicals, you probably would find
yourself today still throwing dung balls from inside a cave
at a lion (thank you Lizard).
The founding fathers of the US where radicals for reasons
you mentioned above and look at what they (and others)
produced (well .... for a while).
Henry Ford was a radical. Thomas Edison was a radical.
e-gold *is* radical. There in lies part of it's greatness.
I consider Douglas Jackson to be a radical. And the others
that have been pushing hard to help it along for a number
of years.
I don't understand how the huge potential of e-gold and e-gold
backed money can be substantially understood without a decent
understanding of the nature of government, and some grasp of
economics, human nature and history. And, importantly, that
history repeats it's self, roughly.
Not to worry George. As time goes by, radicals should become
a smaller and smaller percentage of people using e-gold and
e-gold backed money. This will be a good thing.
You might not get this one, but, government, ironically, should
end up being the biggest booster of all at some point. I myself
am banking on it.
Rather it has to become mainstream to succeed. And
> there has to be benefits for all. Why has Linux become a major
> operating system?
Partly because some XXXXX radical(s) thought up the open source
concept. :)
It's free, open source code, easier to use
> than Unix (and more powerful than Unix and Windows) and many
> people using it really hate Microsoft.
>
> >The merchant, using the gold economy however, is not dependent on bank
> >issued technology or bank facilities to the same degree. The idea of using
> >the gold economy is to move away from the paper currency and back to the
> >gold backed economy.
>
> Not necessarily true, unless you are touting a radical view.
Huh?
If
> you do a focus group (we will be doing four in March and April)
> or poll merchants, I'm certain that gold-backed funds will not be
> at the top of their list.
If you did a focus group in the late seventies to early eighties,
You should have found the opposite. Keep it up. I'm sure
you'll find the opposite at some point. There's really big trends
in place, in favor of e-gold.
Rather it would be secure
> transactions, speed of payment, less chargebacks, lower fees, easy to use, etc.
Those are all positives but there are more.
At 10:43 AM 2/13/2001 -0500, PECB wrote:
>George Matyjewicz wrote:
> > . . . Let's assume that we have every merchant in the world
> > accepting gold. Why would a consumer want to buy gold at 9-15%
Ok, let's assume that. What you would probably find is that consumers
buy virtually *no* gold. Get it?
Bob
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