----- Original Message -----
From: <[EMAIL PROTECTED]>
To: e-gold Discussion <[EMAIL PROTECTED]>
Sent: Sunday, July 08, 2001 4:18 PM
Subject: [e-gold-list] The Bananagold Stats Contest.
> OK, here it is:
>
>
>
>
>
> "When will it be useful for large retailers
> to accept e-gold?"
Large retailers are mass retailers serving mass markets. The only way the
average Mum with 1 husband and 2.3 children will be using e-gold on her
shopping trip is if its brought to her by Visa or Mastercard, in cooperation
with the big banks.
Remember that large retailers are themselves big business and can get EFTPOS
technology on the cheap compared to small retailers, and that every person
almost without exception has a bank account into which their wages or
pension goes and it has an EFTPOS card.
If GBC get used in large retailers it is through the EFTPOS system and hence
will be brought to us by someone other then e-gold.
David Hillary
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> Comments: the meaning here is conventional bricks and mortar
> retailers; large retailers means chains (Walmart, specific
> supermarket chains, specific department store chains ... analysts
> will wish to choose their own examples, or may have another
> viewpoint). 'accept' e-gold would mean presumably using a POS device.
>
> A line of enquiry could proceed like this: retailer R has a number of
> different customers N spending S (all of those quantities being
> difficult to know); of the set of humans N a percentage P (currently
> trivial, presumably) use e-gold; that percentage is presumably (?)
> rising. 'useful' may (or may not) mean that that pecentage P reaches
> some critical size (perhaps an arbitrary size - 5 or 10% say - or a
> size found in comparison to historical precedents for new payment
> systems).
>
> As always the contest is absolutely free-form and proceeds in the
> nature of scientific enquiry. . .all premises, methods, theories are
> yours to decide (you may completely reject the approach mentioned in
> the paragraph above, or have another more-clever approach to the
> problem). A startling single sentence of insight may easily win, or,
> a careful collection of as-is relevant facts may win; a entry may win
> purely for style and presentation or it may win only for content.
> Entries may be a simple text email, papers, feature-length movies,
> talks, a/v presentations, or of any format or concept at all.
>
>
>
> The prize for this contest is FOUR (4) grams of gold, and yes, the
> prize is doubling every time.
>
>
>
>
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