I agree with what you are saying, but also I was making the point that velocity is the key AS WELL AS actual users. We can say that e-gold is kicking butt when it is compared in scale to the larger groups to say PayPal, but PayPal overshadows e-gold by millions in share users - which equates to extreme advertising profits and profit if sold (eg to e-bay).
* How can an exchange provider offer DGCs in exchange for CC payments > and make money doing it? > > The stock answer to this question is that it can't be done because > offering the service to the mass market requires exorbitantly high fees > (15%) that make the business not worthwhile. So any answer will > require thinking outside that box (e.g., don't offer it to the mass > market). Not quite. The possible answer is Verified by Visa and other card types like it. It places the onus on the Banks so not many of them are using it, but this should be the area the currencies are looking at. It gives the merchant the confidene that this guy who is using the Credit Card also is registered by verified by visa and knows the online PIN to use this card - this chargebacks become near to obsolete as they can with CC. This would reduce charges to probably around the 5% mark for digital currencies, and the database of users will continue to grow as the Visa and MasterCard companies grow their users in this service. Its a start, and Graham Kelly even noted it means less profits but also possibly a entire new playing field of users... -- _______________________________________________ Sign-up for your own FREE Personalized E-mail at Mail.com http://www.mail.com/?sr=signup --- 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.
