> And let just talk the bare bones system how a repudiable spend is going to happen > with e-gold!
> James has won an auction bid for this vintage Caddilac that George is offering on > Ebay. ... hi danny, i think you describe a 3rd party e-gold escrow system perfectly well! the community needs such a system - go for it! (or get escrow.com to accept e-gold as one of their payment mechanisms.) however, when you "repudiate" an online payment you deny making it. by repudiating a payment you attest to never having made it in the first place. (i.e. you claim it as fraudulently initiated). in your example, no one ever denies making a payment - i.e. there is no repudiation. it is an escrow system, that in fact relies on the underlying *non-reputability* of the payment system being used. if you change your wording to not use repudiate/repudiation and switch over to escrow based wording i think your example is consistent. regards, jay w. [EMAIL PROTECTED] --- 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.
