> > It doesn't matter what people do with the currency. As long as the metal
> > in the vault equals, or exceeds, the metal in circulation, the currency is
> > 100% backed.
>
> Agreed. But if e-gold itself goes on a fractional reserve system,
> then there is a risk for e-gold users.
>
> Claude
However, e-gold shows of no signs of even having erratic thoughts about
going on a fractional reserve system. If they did, it would violate the
most basic tennant of the user agreement. e-metal has always been, and
should always be 100% backed.
Viking Coder
________________
Worth Two Cents?
http://www.2cw.org/VikingCoder
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