> I think you have it back assward there. What e-gold should do is say
> "hey, currently were excellently suited to cottage industries - and
> small web vendors are a vast market in aggregate. Lets push e-gold as
> the ultimate way to run a mom-and-pop shop!"
Yes. The only companies willing to accept e-gold currently are the
mom&pop/cottage industry businesses. Everybody else is willing to continue
doing business with credit cards and continue dealing with the fraud,
chargebacks, and high transaction fees, because that is what they have
always done. They can use the fraud losses as tax write-offs and well...
'everybody' has a credit card. To accept e-gold would require them to
undergo a major paradigm shift. The only companies capable of such a
radical move are the small, flexible companies.
I think people are seeing e-gold's (unpaid for) phenomenal growth rate,
comparing it to the (exorbitantly paid for) flash-in-the-pan growth rate,
of say PayPal, and then coming up with schemes to help e-gold 'catch up'
which will effectively kill the goose that lays the golden egg. Everybody
keeps saying how powerful the gold economy will be several years from now,
and then coming up with schemes to make it pre-maturely happen today.
Viking Coder
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