Patrick shalom, > Definition: An Internet Gold System is "solvent" if it has enough physical > gold free and > clear to satisfy a complete & simultaneous bail-out of all internet gold in > the system.
I agree with you. What I am saying is that it is your conception that a currency system is "SOLVENT". If you believe that the currency system is and more important will be SOLVENT in the future when you need it to be SOLVENT - then you'll work with it. If you believe that a currency system is not SOLVENT or will not be SOLVENT - you will not work with it. What I am saying that you NEVER have a future audit. We cannot foresee the future. We can assume. We might be right or wrong. All the best, Arik Schenkler - CEO Use Internet Dollar electronic money for anonymity, finalization of deal and fee free funds movements from peer to peer - http://InternetDollar.com --- 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.
