[e-gold-list] Re: Who wants to make an offer on e-gold for bank wire to a Datek account.

[C. Cormier - Ormetal Inc.]

On 29 Aug 2001, at 21:33, Khurram Khan wrote:

> However, ACH transfers are still free, as far as I
> know.

They are close to free... but I am not sure if you can gives details... 
maybe only a routing number and account which is not good when 
the money goes to a third party sub-account.



Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: Who wants to make an offer on e-gold for bank wire to a Datek account.

[Khurram Khan]

--- "Ian Green" <[EMAIL PROTECTED]>
...
>close enough to $272.90 right now). Indicate your fee for bank wire
>(if any). [ It should be zero if you have a good US bank. ]
>
...

I really don't know of any back that has zero fees to send a bank wire.  CompuBank 
used to offer this, but they got bought out by NetBank and now charge for a bankwire.  
However, ACH transfers are still free, as far as I know.
   Khurram Khan

==
2 cents worth?
http://two-cents-worth.com/?135153

_
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[e-gold-list] Who wants to make an offer on e-gold for bank wire to a Datek account.

[Ian Green]

-BEGIN PGP SIGNED MESSAGE-
Hash: SHA1

I've just spent a little time going through the list of exchange
providers on Craig's (SnowDog's) Gold Directory, but I just thought
maybe someone may need some and be prepared to bid for it.

I would like a bank wire to a Datek account, so you will need to have
bank wire capabilities in your Internet Banking or be prepared to go
to your bank. Naturally, those of you who have been in this forum for
a long time will have an advantage due to familiarity and trust.

The amount: USD$750 worth of e-gold (at the current price), I do have
some spare for a little floating in the price. Starting bid: 1
percent over the value as indicated in the e-gold system (which is
close enough to $272.90 right now). Indicate your fee for bank wire
(if any). [ It should be zero if you have a good US bank. ]

My PGP public key is here: http://ao.com.au/pgp-key.asc

Ian Green
Esperanto estas la universala lingvo, kaj e-gold estas la universala
mono!
http://ao.com.au/esperanto/Link to information about Esperanto
http://ao.com.au/e-gold.htmLink to e-gold home page

-BEGIN PGP SIGNATURE-
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Comment: For my public key & PGP downloads: http://ao.com.au/pgp.htm

iQA/AwUBO40xti2sUhwJ4rd6EQKM/wCfYY9jjiyC0AeSYItnNsBLm6gSzqMAnRWM
WoiMKqobJSDe3t7o8yPFml3R
=YcTg
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[e-gold-list] Re: Good money bad money

[Todd Boyle]

Thanks to all of you who posted in this thread, very interesting.

At 06:03 PM 8/29/01, Ken Griffith wrote:

>If digital gold is better money then merchants will give a discount to
>customers who pay in gold, because they prefer the better money.

This resonated.   I think this is the way we will see the thing start
to gather momentum.  There really isn't any other way.  The GBCs
can't give freebies or incentives because they are not built on a
collossal revenue stream like commercial banking or credit cards.

>While it is true that presently people who accept payment in digital gold
>quickly convert it to fiat money, eventually people will want to convert
>their fiat currencies to digital gold.  It may be a decade or two before
>that inflection point is reached, though.
>
>Use dollars to pay your taxes.  That's all legal tender is good for.
>
>Ken

I concluded round 1996 that I was chasing my tail, I had worked my
ass off for 20 years saving money and had $400,000 but watching it
whipsaw back and forth with exchange rates and interest rates,
and watching my mutual funds do nothing for years I just quit
working, spent almost all of the money on a house and other crap,
and have been pretty happy ever since.   The money economy
is a farce.  We're building the pyramids, for the pharaohs.  The
stone buildings downtown don't even give pleasure to the pharaohs.
The system is sick.  Best thing to do is quit working, get your fair
market value way down there round $20,000 for a few years then
join in collaborations with taxable values at the poverty level.
http://groups.yahoo.com/group/decentralization/message/723

Todd


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[e-gold-list] Re: eCurrencyCrawler, was: Re: e-Gold *replacing* other currencies ...

[Ian Green]

Congratulations RJ on your site. It looks great, but why don't you remove
any reference to "ether"-backed wannabe currencies by removing the OSGold
link?

Also, *please* do not overwrite the status bar, I already have a clock, and
the status bar is needed to verify the URL of a link *before* I click
through to it! Remember the e-qold.com saga, hiding the URL of a link
destroys a great deal of trust rapidly!

The status bar is the principal reason why I don't surf the web with
Internet Explorer in full-screen mode *all* the time. I'll go to full screen
mode *after* I log into a secure website I trust (where I have to scroll if
I don't do so), then switch back to normal mode when I leave.

Ian Green
http://two-cents-worth.com/?107242
e-gold: mono por la mondo! [Esperanto]
e-gold: money for the world! [English]

- Original Message -
From: "eCurrencyCrawler" <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Sent: Thursday, August 30, 2001 11:36 AM
Subject: [e-gold-list] Re: e-Gold *replacing* other currencies , was: Re:
GoldMoney Bailment



> We would greatly appreciate open or private opinions and feedback of our
> site. Visitors can rate us using our vote option for our listing at
> Contrarians Top 250 financial sites, we currently hold the 14th
> position... whew!
>
> At this time we have 8 members in eCurrencyBanners, the eCurrency banner



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e-gold Examiner at http://www.e-gold.com/examiner.html for details.

[e-gold-list] Re: e-Gold *replacing* other currencies , was: Re: GoldMoney Bailment

[eCurrencyCrawler]

> e-gold's activity continues to grow healthily, but I believe we simply need
> to all let it be known that we accept e-gold, and progressively less and
> 

This is what we're doing over here... a point of reference, a topical
search engine for the eCurrency world.

We would greatly appreciate open or private opinions and feedback of our
site. Visitors can rate us using our vote option for our listing at
Contrarians Top 250 financial sites, we currently hold the 14th
position... whew!

At this time we have 8 members in eCurrencyBanners, the eCurrency banner
exchange... currently we only support e-gold and associated merchants. An
open banner exchange network is a great way to spread the word around... a
TARGETED banner exchange is even better.

The last time I looked at the stats, there were over 30,000 impressions in
just over 30 days. That's not too awful bad considering the freshness of
the exchange.

Just thought I would bring this to light seeing as you mentioned it. =:)

Godspeed,

RJ LeVeque
Administration
LVTN, Inc.
http://www.americonn.com










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[e-gold-list] Re: hansabux for e-gold

[offshoresurfer]

> does anyone accept e-gold for hansabux?
> 
> David

Just out of interest, David, what are hansabux?

offshoresurfer


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[e-gold-list] Good money bad money

[Ken Griffith]

> The actual theory is that BAD money chases good money, *out of
circulation*.

Actually, Todd Gresham's Law only happens in countries with legal tender
laws.  Bad money drives out good when the government forces an exchange of
debased money for good money.  People hide all the good money and the
government gets whatever doesn't get tucked away fast enough.
Since the government cannot take digital gold off the market like it can
with gold coins in circulation, fiat money cannot drive out digital gold.

To read an absolutely fascinating article on this subject click here:
http://www.goldbankone.com/article.php?sid=71

In a free market, good money drives out bad.  The economist Doug Noland
actually proved this in his doctoral dissertation.

That's why the dollar has become the international savings and commerce
currency of choice.  The dollar has had a higher staying value than the
currencies of most countries.  It is natural that digital gold will
eventually replace the dollar in that funtion in international commerce.  It
is like gravity.  It will happen, just give it time.

If digital gold is better money then merchants will give a discount to
customers who pay in gold, because they prefer the better money.

While it is true that presently people who accept payment in digital gold
quickly convert it to fiat money, eventually people will want to convert
their fiat currencies to digital gold.  It may be a decade or two before
that inflection point is reached, though.

Use dollars to pay your taxes.  That's all legal tender is good for.

Ken


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[e-gold-list] e-Gold *replacing* other currencies , was: Re: GoldMoney Bailment

[Ian Green]

e-gold's activity continues to grow healthily, but I believe we simply need
to all let it be known that we accept e-gold, and progressively less and
less people will ever contemplate outexchanging (to national currencies) the
e-gold they receive for their goods and services. It won't happen over
night, but it will happen! :)

Ian Green
http://two-cents-worth.com/?107242

e-gold estas monda mono! [Esperanto]
e-gold is world money! [English]

- Original Message -
From: "Todd Boyle" <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Cc: <[EMAIL PROTECTED]>
Sent: Thursday, August 30, 2001 1:46 AM
Subject: [e-gold-list] Re: GoldMoney Bailment



> GBC may be good money, better money than national currencies.
> In theory, good money is supposed to chase out bad money.
>
> When will this begin to happen?  What is the missing enzyme
> we're lacking ?
>   - convenience aspects?
>   - better security on the users' computers?
>   - hardware signing devices?
>   - better data integration in B2B business processes?
>   - trust in the host?  Do we need "deposit insurance"?  Good god,
> we're already 100% gold backed, what more could they want?
>



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[e-gold-list] Good Money vs Bad Money. was Re: GoldMoney Bailment

[Ian Green]

Hi Todd,

The actual theory is that BAD money chases good money, *out of circulation*.
The reason is that you will always try to spend away money that is being
debased (that is, devalued), and save (or hoard) money that actually
provides a good store of value. I haven't checked the e-gold statistics, but
this may even happen here, when people are LESS prepared to spend e-gold (on
dollar denominated goods) when the gold price is low (it will buy them less
dollars) and they think it will rise, than when the price is high and they
think it will fall soon.


Ian Green
http://two-cents-worth.com/?107242


- Original Message -
From: "Todd Boyle" <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Cc: <[EMAIL PROTECTED]>
Sent: Thursday, August 30, 2001 1:46 AM
Subject: [e-gold-list] Re: GoldMoney Bailment



> GBC may be good money, better money than national currencies.
> In theory, good money is supposed to chase out bad money.





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[e-gold-list] Pawword stealing scam??

[gary]

I haven't been following the list too closely for the last couple of weeks
so, i don't know if this has been posted or looked into but maybe it should.
Looks like a scam in the name of e-gold and Douglas Jackson.

Gary

http://clubs.yahoo.com/clubs/egolddoubleyourmoneynow

"Hi, I'm Douglas Jackson Founder of E-GOLD.COM this is my E-GOLD Club you
enter here and instantly DOUBLE your E-GOLD. ONLY FOR TODAY Follow the Link"



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[e-gold-list] Re: GoldMoney Bailment

[David Brooks]

>Hmmm what about velocity?   You could imagine GBC serving its
>vital role only as a lubricant at the point of exchange then being
>returned immediately to some settlement lubrication agent.  e.g.
>Joe buys something on ebay.  Joe gets some GBC at very low
>transaction cost somehow, uses it to pay the other guy, and
>the seller cashes it in, within a few seconds.

 This assumes GBC's would be used solely or mostly to convert between
other currencies.  Yes, the GBC's are 'lubricant' now, but only because
not enough merchants accept them. In the future, that same seller will not
want or need to convert back to another currency.

  For now, gold is greasing the tracks of fiat commerce, however the long
term goal is to directly replace a major fraction of that money flow. The
measure of this replacement is the growth of gold in storage.  I think it
is more significant than the velocity, especially at this early stage in
the gold economy.

Dave Brooks
Editor / Bricks of Gold Website & eZine

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[e-gold-list] Re: Is this a scam?

[jrw]

-BEGIN PGP SIGNED MESSAGE-

hi john,

yup that's a scam. not real. we've notified both yahoo and
the host of the fake site of the bogus nature of the information
they are hosting.

jay w.
[EMAIL PROTECTED]

> It looks to me like someone is doing a very bad scam on Yahoo. 
> There is an "egold club" hosted on Yahoo that makes the following
> statement:

-BEGIN PGP SIGNATURE-
Version: PGP 7.0.4

iQEVAwUBO40llcyM0YPqVE7FAQHw7Qf/b3n0vvrPqz9o5p0cEnYweJ8kLTn6zVHf
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=Smid
-END PGP SIGNATURE-

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[e-gold-list] Re: GoldMoney Bailment

[C. Cormier - Ormetal Inc.]

On 29 Aug 2001, at 8:52, Todd Boyle wrote:

> Hmmm what about velocity? 

Of course, velocity is a sign of health. But the real measure of the 
success of the DGC and GBC will be the size of the money stock 
and reserves. That is what shows how confident users are in using, 
holding and saving the gold currencies. e-gold current average 
balance on only 17g per funded account shows that they do not 
understand gold and do not trust the currency enough to let their 
balance grow. The fact that they are cashing it for national 
currencies shows where their trust is. 
 

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[e-gold-list] Is this a scam?

[Destiny Worldwide Net]

It looks to me like someone is doing a very bad scam on Yahoo.  There is an
"egold club" hosted on Yahoo that makes the following statement:

Hi, I'm Douglas Jackson Founder of E-GOLD.COM this is my E-GOLD Club you
enter here and instantly DOUBLE your E-GOLD. ONLY FOR TODAY Follow the Link

When you follow the link, it looks like it takes you to the egold front page
through some kind of proxy.  I'm not a techi, but it looks like this is a
clever way to get your account number and password, and maybe there are some
other bad things it does that some of the technically inclined here can
figure out.  If you want to check it out, here is the url for this club:

http://clubs.yahoo.com/clubs/egolddoubleyourmoneynow

I think egold had better look into this, and if its a fake, and I'm sure it
is, get Yahoo to take this down right now.

John

> Get the privacy and offshore services you need from <
> Destiny Worldwide!  Visit our websites often for <---
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[e-gold-list] Re: GoldMoney Bailment

[Todd Boyle]

At 12:44 AM 8/28/2001, [EMAIL PROTECTED] wrote:

>(One point .. note that all growth in any DGC comes from bailed in 
>bars.  Even if the buy-back trade is 10,000,000 billion per day, the DGC 
>in question has stopped growing unless bars are being bailed in ... at 
>2-4% for e-gold, or 0% for GM.  LOGICALLY, when growth rates are very 
>high, even if there were any large merchants, it all has to come from 
>bailing-in.)


Hmmm what about velocity?   You could imagine GBC serving its
vital role only as a lubricant at the point of exchange then being
returned immediately to some settlement lubrication agent.  e.g.
Joe buys something on ebay.  Joe gets some GBC at very low
transaction cost somehow, uses it to pay the other guy, and
the seller cashes it in, within a few seconds.

Somebody please refute the argument.  At least, velocity enters
the picture someplace, I do agree, total reserves is a factor as
well.  But wouldn't it be nice if we get the certainty of gold
in commerce, without the cost of unnecessarily large reserves.

Todd



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[e-gold-list] Re: GoldMoney Bailment

[Todd Boyle]

 > On 26 Aug 2001, at 12:22, SnowDog wrote:
 >
 > > Goldfinger Coin and Bullion is selling GoldMoney GoldGrams for only
 > > 2%. They must be bailing in the gold to offer this kind of rate.

It is good to see spreads coming down but somehow it doesn't make
me feel like jumping up and down, cheering. It's kind of inevitable, isn't
it?   Prices of commodities always gravitate down to the cost of
production and the variable cost of executing GBC trades is way down
there below 1%, at volume.

GBC may be good money, better money than national currencies.
In theory, good money is supposed to chase out bad money.

When will this begin to happen?  What is the missing enzyme
we're lacking ?
  - convenience aspects?
  - better security on the users' computers?
  - hardware signing devices?
  - better data integration in B2B business processes?
  - trust in the host?  Do we need "deposit insurance"?  Good god,
we're already 100% gold backed, what more could they want?

Maybe we need an uber-protocol that provides the programmatic equivalent
  of deposit insurance?  Win their trust by requiring approvals of all GBC
consortium members to execute any movements of reserves?  Can we
drop in place,  some of these voting protocols discussed in
WOTE http://www.vote.caltech.edu/wote01/ to
achieve publicly visible separation of duties?   We need to reduce the
reliance on image, such as retrospective audits by big-5 auditors,
naming bigshot law firms as trustees, etc.

Surely the collaboration of GBC providers is part of the equation. Recall
that VISA consortium of banks happened only after hundreds of banks
got exhaustion trying to establish their own, proprietary credit cards.
VISA still isn't a credit card itself, it is a consortium, can we get a clue
from this?

TOdd

Date: Sun, 26 Aug 2001 15:08:43 -0400
Subject: [e-gold-list] Re: GoldMoney Bailment
To: "e-gold Discussion" <[EMAIL PROTECTED]>
From: "eCurrencyCrawler" <[EMAIL PROTECTED]>

 > On 26 Aug 2001, at 12:22, SnowDog wrote:
 >
 > > Goldfinger Coin and Bullion is selling GoldMoney GoldGrams for only
 > > 2%. They must be bailing in the gold to offer this kind of rate.
 >
 > And that is the way it should be. If we want digital gold currencies
 > and gold-backed currencies to rival national currencies one of these
 > days, some excessive spreads of 5-13% that are currently in force
 > will have to come down to 2-3%.
 >

EXACTLY! It's simple competition for market share... those that cannot
compete will be dropped along the side leaving only those that can afford
to chop the rate.

 >
 > e-gold will have no choice to make it easy to bail in. Otherwise,
 > GoldMoney and e-bullion might well win this game over the long
 > term.
 >

You're right, this is a possibility.

...my 2 cents.


RJ

eCurrencyCrawler
http://www.americonn.com


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[e-gold-list] Grand Jury Charges Dmitry Sklyarov

[James M. Ray]

http://zork.net/pipermail/free-sklyarov/2001-August/003915.html  

has the announcement. As usual in these cases, there's a lot of grey
and not much black or white, but if you wish to support him with some
e-gold, you can go to:

http://www.eff.org/support/joineff-egold.html 

And do it (despite the silly language about fees which they have yet
to remove!).
JMR


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[e-gold-list] Re: $ 1 E-GOLD DAILY IN PRO MARKETING COURSES !!!

[Ian Green]

I stopped reading this about four lines in because of the ALL CAPS!!! Some
training, huh? Shouting AND superfluous exclamation marks!

Ian Green
http://two-cents-worth.com/?107242

- Original Message -
From: "No limit cash $" <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Sent: Wednesday, August 29, 2001 6:38 AM
Subject: [e-gold-list] $ 1 E-GOLD DAILY IN PRO MARKETING COURSES !!!


>
> I SELL ONLINE MARKETING COURSES FOR BOTH BEGINNERS AND ADVANCED PEOPLE
!!!
>
> I'M A MEMEBER OF AN ONLINE CANADIAN COMPANY THAT DEALS WITH ONLINE
> MARKETING AND I WAS TRAINED BY THEM TO PROVIDE PEOPLE WITH SUPPORT !



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