>
>I have written an in-depth article introducing e-Bullion. You can read it
>on the beta-site for the new version of The Gold Economy. While you're
>there, poke around the site a bit and let me know what you think.
>
>URL: http://www.goldbankone.com/article.php?sid=123&mode=nested&order=0
this makes for very interesting reading well presented and informative.
there are a couple of points which I think are important:
"When asked who the shareholders and directors of the company were, the
company spokesman said that e-Bullion is privately held and intends to keep
that information confidential. "
Pecunix Venture Holdings Incorporated it appears will not be so reticent
bearing in mind that there is an invitation on the table for prospectus
issued shares available.
"Now that there are five gold digital currencies undergirding the gold
economy, we are starting to see the kind of diversity that is necessary to
support a true commercial infrastructure for gold currency. While we would
like to see a more international offering (all of the existing companies
have strong ties to the United States) progress is definitely being made at
Internet speed! The next major problem to be solved is to bring all of these
currencies together with a common transaction protocol, so merchants won't
have to use five different shopping cart programs."
As you have pointed out the main weakness is that some or all of the key
players in each company listed reside or have close connections in the US.
Pecunix Incorporated does not have that disadvantage. The company is
registered in Panama and NONE of the major players are in the US. In fact
they are in New Zealand if you read the prospectus. And NZ does not have a
history of kotowing to the US government. This will only increase the
security aspect from the user point of view when it comes to US governmental
agencies.
Looks to me like Pecunix is going to be the only 'private' gold supplier
available.
Sniper
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