I agree with the "null" option, but I completely disagree with removing the
ability to pay by other units. The *only* gold price ever reported in the
(broadcast) media is *US Dollars per ounce*, and I do all my spends either
in US dollars, ounces, or an appropriate national currency. I *never* use
grams, as I would have to convert back to either ounces, US Dollars or
Australian Dollars to comprehend the value of what I am spending. It is not
an easy mental arithmetic to convert precisely between grams and ounces.
This would not be necessary if the TV reported gold prices in grams, but
they don't.
> -----Original Message-----
> From: [EMAIL PROTECTED]
> [mailto:[EMAIL PROTECTED]]On Behalf Of C. Cormier -
> Ormetal Inc.
> Sent: Thursday, 12 April 2001 1:35 PM
> To: e-gold Discussion
> Subject: [e-gold-list] Re: small suggestion
>
>
> On 12 Apr 2001, at 12:48, [EMAIL PROTECTED] wrote:
>
> > I think your solution is more drastic, Claude, and would probably
> > need a policy decision from GSR.
>
> I agree. But it is a solution that make sense. If we want to promote
> the idea that this new digital currency system is grams-based.
<SNIP>
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