JP wrote: >Right, there will never be an easy way to 'change between' USD and egold. > >They are different currencies. there will never be an easy wayto change >between USD and Euros or between USD and Canadian dollars.
That's primarily because of the lack of a firm, reliable, non-repudiable, instantaneous payment system in national currencies, right? The problem is not that they're national currencies, but that the payment system is inadequate, am I right? Bryan mentioned Australia's BPay. If BPay is as solid as Bryan suggests, it sounds like a market maker might be able to set up an automated exchange between Australian currency and e-gold, similar to Metal-Escrow.com and Cambist.net. Of course, BPay may not have the automation features you need for this, but it sounds like Bryan is suggesting that BPay is low risk for market makers. In other words, you could receive a BPayment and feel completely confident in spending gold in return, knowing that the payment was real and non-repudiable. Is that true, Bryan? -- Patrick --- 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.
