At 12:22 PM -0400 6/3/03, Cambist.net wrote: ... > >Ideally, the UPS deliveryman would wait while you check the merchandise, and >then when you sign for it, it would automatically make the e-gold >non-repudible. Of course that will never happen. ...
It seems logical to me, but I agree at present it's unlikely. The key idea we've discovered (well, most of us, I hope!) is that this aspect (of what I agree is correctly called the escrow business) -- the "look in the box to see if it's bricks or gold coins" aspect* -- is ideally done by/through the delivery-agents and NOT the base-money currency. Their businesses fit much closer together, and they've already hired employees, who are required to be in physical contact with the items anyway. In a future of widespread use of web-cams and phones-with-cams, the logic of this may perhaps become apparent to companies like UPS, but UPS has done very well so far just by sticking to doing a few things right...It's an admirable business-model, IMO. JMR * Which I must again stress, won't be cheap if it's done correctly (but WILL still be subject to certain criminal scams!). --- 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.
