On 2 Aug 2001, at 0:41, Ian Green wrote:
> Personally, I have determined to ignore all other gold currencies as I
> want to support the original and the best (safe, reliable,
> trustworthy), e-gold.
I agree with you that e-gold is the original "operating" digital gold
currency. It is certainly safe, reliable and trustworthy. But is it
necessarily the best. I like it a lot and have been using it for years.
But I suggest to you that GoldMoney has a little more than e-gold
to offer. After all, James Turk of GM is the one who invented DGCs.
Mr Turk has the patents, and GoldGrams are also safe, reliable
and trustworthy. I think that both can succeed even if, obviously, e-
gold has the lion's share of the market.
> Although the others are competing against
> e-gold, I believe it is vitally important for the success of Internet
> commerce through 100 percent gold-backed currency for e-gold to
> continue to be the leader and to have the greatest acceptance
> worldwide.
I disagree... I see nothing wrong with GoldMoney taking the lead or
sharing it with e-gold. This is not to say that all DGCs will succeed.
IMO, only a few will.
> On the other hand, Standard Reserve frequently quotes very
> high numbers of people being added to their system, but it may not
> always be the gold-based side of their system being quoted, and my
> impression of their fees is that it is expensive.
I suspect that their SR-AUG currency will work simply because of
the ability to transfer to SR-USD and withdraw the money at an ATM.
Claude
http://www.goldcurrencies.ca
http://www.ormetal.com
==================================
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
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