Craig shalom, You are right.... But the E-Gold economy is quite big, so it might be of interest for some new merchants to explore this "market". If E-Gold is doing a 1 billion $ turnover per year and is growing and has its "meshigeners" (-:)) (fans) then merchants should look at it.
The merchants wants you (us) as their clients even if it costs more on their payments fees. Arik Schenkler - CEO Use Internet Dollar emoney for anonymity, finalization of deal and fee free funds movements from peer to peer - http://InternetDollar.com ----- Original Message ----- From: "SnowDog" <[EMAIL PROTECTED]> To: "e-gold Discussion" <[EMAIL PROTECTED]> Sent: Friday, March 15, 2002 8:05 PM Subject: [e-gold-list] Re: Good news > > > I just think it's inevitable that some airline will figure this out, > > hire JP (or whoever) and totally automate electronic tickets. > > The problem is, and always has been, that the overhead in purchasing e-gold > is very high for buyers, if they are not offered a discount by the seller. > Even if the seller offered a discount, the entire spread for e-gold's > exchange rates, would still be far higher than the cost of a merchant > account for the seller. Moreover, e-gold can only be used by buyers when > purchasing from known sellers, else they risk losing through fraud. If you > weren't paid in e-gold, would you want to purchase an airline ticket, with > it? From the other side, if you were an airline, would you want to stop > accepting payments in USD, or offer an e-gold discount greater than the > average spread, which would be greater than about 5%? How could it be > advantageous? > > I don't think DGC markets will ever be buyer-seller markets. I think they > have a niche for international transactions, especially for international > B-to-B transactions. For settlements like this, DGCs are superb. Try sending > a bank wire to Bombay? It may take 5 - 10 days to get there. E-Gold will > clear in seconds. > > Craig > > > > --- > You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] > To unsubscribe send a blank email to [EMAIL PROTECTED] > > Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
