[e-gold-list] Re: GoldMoney Bailment

[C. Cormier - Ormetal Inc.]

On 28 Aug 2001, at 2:29, Viking Coder wrote:

> The high fees are used to offset the high fraud costs associated with
> the conversion of soft currency to hard currency.
 
In the case of the very few MM who take credit cards, I agree. But 
you will finds rates of 7-13% on things like cashiers's checks and 
bank wires on a regulat basis. A nonsense IMO.


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