[EMAIL PROTECTED] wrote:
> Is this crap
> 
> http://www.standardreserve.com/
> 
> gonna affect e-gold badly?
> 
> Can e-gold make some sort of press release that they're at an arms 
> length from "Standard" "Reserve" and totally disown them?

To those holding SR:

- If your currency provider is the same guy as your wealth storer, your 
cambio and your card issuer

- If there aren't audits

- If the value is stored not in physical mass-for-mass gold in a trusted 
vault, but in Enron-able numeric abstractions such as "dollars"

- If the system's fractional reserve even in principle

...then what did you expect?

Might this hurt e-gold? Might, but it ought not to.

Who SHOULD this hurt? The other "currencies" who meet my above criteria. 
Sure they may be honest now, but who's to know they'll never slip and 
hire a thief?


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