On Thu, 24 May 2001, SnowDog wrote:
> Treat e-gold like a foreign currency. With each transaction is an exchange
> rate. You can use the amount of gold, and the exchange rate to get a US
> dollar equivalent for each transaction in your accounting system.
Now you know why I exchange gold by the gram.
The value of gold is grams and ounces, not dollars, franc, euros or any
other managed money.
When I offer services or products to people I always quote grams or
ounces, doing it any other way is well, wrong.
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