Patrick,
I actually think you got exactly where I was going with this, picked it up
and took it to it's logic conclusion. And it took you only a few lines,
too.
Once people start using shares as a means to trade other stuff, we have a
fiat economy alongside the e-gold system.
It's a bit as if someone issued dollar bills that are redeemable for gold
by the highest bidder where the issuer pays you a tiny amount of gold for
not redeeming the bill and promises not to issue more bills than value of
their undisclosed assets. From that perspective it already sounds like a
fiat currency (minus the promise bit), innit?

Cheers,
Robert.

budget & privacy website hosting
http://www.cyberica.net
start a profitable online business
http://www.cyberfrontier.biz
budget domain registrations
http://www.u2planet.com



---
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.

Reply via email to