> I think some people are missing something as regards the gold bars,
> the weight thereof.

[...]

>They make a record of who has how many of them, then throw
> them down a very deep well. They still fulfill exactly the same
> function, the merchants still trade with one another and everyone
> else on the assumption that they are transferring ownership of the
> coins even though they can't be physically gotten at. They simply
> change hands on paper, the same way as the modern banking (and to a
> lesser extent GBCs) operate.

Wow! No wonder OSGold is popular! It doesn't matter that there is no
verification of the gold backing their assetts.

SnowDog



---
You are currently subscribed to e-gold-list as: archive@jab.org
To unsubscribe send a blank email to [EMAIL PROTECTED]

Did you know that the new e-gold Secure Random Keypad can
help you to protect your passphrase from both keystroke & mouse-
click "sniffing" trojan viruses? You can find out more about computer
security at: http://www.cert.org/tech_tips/home_networks.html 

Reply via email to