At 07:49 AM 20/09/2002 -0400, George Matyjewicz wrote:
>The viral marketing thing is 1000% correct.  Simple, intelligent, and it 
>works!   So, who's going to allow it to be done with e-Gold?

I think that would be equivalent to creating an account (e-gold or 
GoldMoney) in somebody's name and then sending them an e-mail with 
instructions (or a link) to a procedure whereby they can get their initial 
passphrase and learn how to log in.

I agree, but two problems arise.

I know how difficult it can be to teach some people how to use a user name 
and password, so it would have to be a non-trivial amount for them to enter 
the gold economy to use their funds.

If people are going to send non-trivial funds then it is likely to be for 
goods ordered or services rendered, and in such circumstances it is the 
vendor who often dictates the acceptable payment method. The template 
e-mail reply "we will only accept credit card payment or a check", with 
scant regard to anything else you might have written in your e-mailed 
request for them to accept payment by e-gold.

If e-gold (or GoldMoney) can create an automated account creation system 
where identification is (initially) simply an e-mail address, and if there 
could be some way of (maybe the person who paid into the new account) 
authenticating the response from the person who tries to claim the account, 
and if it is not claimed, then the money goes back to the originating 
account, then that would go a long way toward solving the first of the 
difficulties I mentioned. (Sorry for the long sentences.)


Ian Green
http://two-cents-worth.com/?107242&EG
http://iangreen.2cw.org/
http://ao.com.au/e-gold.htm


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