[e-gold-list] PayPal IPO
PayPal Inc. warned Monday that its popular online payment service is about to be shut down in Louisiana by banking regulators, casting another cloud over the firm's planned initial public stock offering. The company said regulators in nine other states have indicated it needs a license to run its online payment service. PayPal said it already has filed, or plans to file, applications in those states. http://www.latimes.com/business/investing/la-10813feb12.story?coll=la%2D headlines%2Dbusiness%2Dinvest SnowDog --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Re: Silver Coin Auction
Dear JP, goldbarter.com is a sweet litle system isn't it! Yes, it is! And you should meet the developer, Todd Lipcon. If the winning budder, Parkay... ...budder... grin Regards, Jim http://www.goldbarter.com/ --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] PayPal woes continue in Louisiana, NY
Dear Friends, Declan McCullagh, over at Wired, sent through this message to his Politech list. Those of you who are not subscribed to Politech can see at the bottom of this post info on how to get subscribed. It seems that dealing in fiat money and doing bank like things makes PayPal sufficiently bank-like that Louisiana wants a licensing fee. So does NY. Isn't government just the friendliest thing? grin And, when these cuddlesome bureau-rats get done with PayPal, you can imagine that Yahoo PayDirect and MSN c2it are next. But, they cannot make such claims against e-gold or against market makers, because state-licensed banks don't handle gold-backed money. grin So much for no state shall...make anything but gold or silver coins a tender in payment of debt. Regards, Jim http://www.Cambist.net/ http://news.com.com/2100-1017-834313.html By Troy Wolverton Staff Writer, CNET News.com February 11, 2002, 5:45 PM PT [...] In a letter sent last week, Louisiana asked the online payments company to cease offering its service to the state's residents until PayPal receives a license from the state, the company said in a regulatory document filed Monday. Although Louisiana residents account for a small fraction of the money sent through PayPal, the state's move could presage other governmental attempts to regulate PayPal's service. [...] But PayPal also faces potential challenges from state banking regulators. During the past two years, California and Idaho have questioned whether PayPal is operating an unauthorized bank. Meanwhile, officials in Louisiana and New York have gone a step further and stated their opinion that PayPal is doing just that. [...] - POLITECH -- Declan McCullagh's politics and technology mailing list You may redistribute this message freely if you include this notice. Declan McCullagh's photographs are at http://www.mccullagh.org/ To subscribe to Politech: http://www.politechbot.com/info/subscribe.html --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] down and up within moments
Dear Friends, Our hosting vendor had a problem about 1130 hours on Tuesday 12 February. The cable from their switch to our server slipped out of their switch. oops! New cable was installed, and everything was back on line at 1244 hours, same day. Nevertheless, if you were trying to reach Cambist.net, in the middle of an order there, or using GoldBarter.com or viewing GoldBarterHoldings.com during this period, you may have experienced an outage of service. We regret the failure. Regards, Jim http://www.Cambist.net/ http://www.Goldbarter.com/ --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Re: Silver Coin Auction
I bid! goldbarter.com is a sweet litle system isn't it! Super item, Khurram! If the winning budder, I will be destroying FDR, though! Maybe I'll throw in an extra FDR in that case.. Khurram --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Attention: All Euro Gold Line Valued Customers.
Attention: All Euro Gold Line Valued Customers. Please be aware the cable connection to the Euro Gold Line office in the Netherlands is not performing at it's usual consistent connection rate. This has affected different areas of the Euro Gold Line range of services. All business with Euro Gold Line will return to normal as soon as possible. Frank and the Euro Gold Line team apologize for this delay in fulfilling their customers ecurrency needs in their usual timely manner. All payments, debit card funding and other requests will be completed as soon as possible. Thank you for your understanding and patience. Once again we sincerely apologize for this delay. Regards. per Frank (Euro Gold Line) Paul. Pacific Gold Exchange. www.goldex.com.au Part of the Euro Gold Line Group. GoldEx provides one of the most comprehensive Ecurrency services available - including the purchase, selling and exchange of E-Gold, OSGold, E-Bullion and EvoCash. GoldEx also provides a low cost, low fee anonymous numbered debit card with easy Ecurrency funding. --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Is Gold Too Scarce to be Worldwide Money?
I have some open questions here I hope someone can help me with. From what I can tell, gold is TOO SCARCE to serve as the only form of money. There just isn't enough of it. Am I right? The following article states that there is less that one troy ounce of gold per person on earth: http://www.millennium-money.com/1ozperperson.htm I have seen other estimates that agree with this article. There are only about 130,000 metric tonnes of gold above ground right now, which is only about 4.2 billion troy ounces. This is considerably less than the 6 billion people alive right now. If gold were the sole form of money, it seems that it would be far too valuable to be practical. A mere microgram might buy you a week's worth of groceries. Is gold too thin a commodity to serve as the only form of money? Assume that there were NO fiat currencies. It seems that we would need something far more abundant than gold to serve as money. I guess the most obvious answer is silver. In an ideal world of 100% hard money, would we need a bimetallic gold and silver standard? Would we need something other than even gold or silver, and what might THAT be? Real goods like coffee and pork bellies? Can anyone enlighten me on the implications of this dramatic shortage of gold? Thanks in advance, Patrick Chkoreff P.S. I simply DO NOT YET understand Ricardian systems or any kind of digital token system. I have not seen a satisfactory explanation of how and when such money is created. If I cut the neighbor's lawn, does he issue me some kind of token that someone ELSE is supposed to honour? --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] A funny thing happened
Within a week of the Gold Economy publishing an article debunking the Gold Money patent, SOMEONE hacked into the Gold Economy MySQL server and deleted everything. Hmmm... Fortunately, we made a backup the night before. Keep trying punks. --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Re: Is Gold Too Scarce to be Worldwide Money?
From: Ken Griffith [EMAIL PROTECTED] What is enough? Digital gold is divisible as fine as you want to take it. The more the economy grows, the more the buying power of gold grows. Your question is evidence of a failure to understand the relationship of supply and demand. Gold is scalable - infinitely scalable. No, I did not fail to understand anything. I demonstrated my understanding of this scaling principle quite explicitly. Allow me to quote myself: If gold were the sole form of money, it seems that it would be far too valuable to be practical. A mere microgram might buy you a week's worth of groceries. All you're saying is YES, a microgram might indeed buy you a week's worth of groceries. I did pose that as an alternative, I just thought that might be impractical. Yes, if it's all digital, then maybe it IS practical (although I think current DGCs only go down to the milligram). If it's NOT all digital, then I suppose there might be paper certificates for just one microgram of gold, but coins would be out of the question because they'd be far too valuable. Now JP's question about how many DOLLARS there are per capita was quite intriguing, and got me thinking some more. If there are only 200 DOLLARS per person, then what's the big problem with 3/4 troy ounce gold per person?! It actually sounds fairly commensurate when you look at it that way. If a microgram buys a week's worth of groceries, then I say WELCOME to that kind of price deflation! These are the kinds of price decreases John was talking about when he compared it to the computer market. Bring it on! Regards, Patrick --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Re: Is Gold Too Scarce to be Worldwide Money?
I believe that the amount of gold and silver available depends strictly on the price. At the moment many gold and silver mines are shut down because of the low price of these metals. A number of other processes that are able to recover gold from say seawater are at this time too expensive to bother with. Given a true free market in gold and other precious metals, Prices would quickly stabilize at a level that would enable the mine owners a profit on formerly unprofitable mines. Also with a true bimetal, or even trimetal standard ,using copper as was used previously, plus the ware house receipts for large transactions, The world wide economy would soon begin a rate of growth unseen in the last 100 years. This would be accompanied with falling prices such as have been seen previously in the computer market. Even with initial high demand for previously expensive goods, prices should continue to gradually fall for say a century or two. This would also ofcourse have to include the collapse of most governments to prevent both misdirected investments and inflations. If e-gold style commerce were added to the equation the results would be amazing. --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Re: A funny thing happened
On 12 Feb 2002, at 23:35, Ken Griffith wrote: Within a week of the Gold Economy publishing an article debunking the Gold Money patent, SOMEONE hacked into the Gold Economy MySQL server and deleted everything. Hmmm... Ken, what you are suggesting... make no sense at all. Claude Cormier Ormetal Inc. http://www.goldcurrencies.ca http://www.ormetal.com = Claude Cormier Public Key http://www.ormetal.com/keys/ClaudeCormier.asc = --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Re: Is Gold Too Scarce to be Worldwide Money?
JP, You should ask the question How many US dollars on earth once all national currencies are converted to US dollars. My guess is between 25-30 trillions or $4000 per individual. There are 31,103 mils (milligram per ounce). So each mils will be worth near $0.13 cents if all currencies are converted to gold. Does that make sense? Claude Cormier Ormetal Inc. http://www.goldcurrencies.ca http://www.ormetal.com = Claude Cormier Public Key http://www.ormetal.com/keys/ClaudeCormier.asc = --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Re: Is Gold Too Scarce to be Worldwide Money?
From what I can tell, gold is TOO SCARCE to serve as the only form of money There just isn't enough of it. Am I right? I don't think so. Theorically, since gold in the digital economy is highly divisable, there are more than enough mils (milligrams) for everybody on this planet. Simply said, the mils (milligram) will be worth what is needed to reach the equilibrium level. Claude Cormier Ormetal Inc. http://www.goldcurrencies.ca http://www.ormetal.com = Claude Cormier Public Key http://www.ormetal.com/keys/ClaudeCormier.asc = --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
[e-gold-list] Re: Is Gold Too Scarce to be Worldwide Money?
From what I can tell, gold is TOO SCARCE to serve as the only form of money. There just isn't enough of it. What is enough? Digital gold is divisible as fine as you want to take it. The more the economy grows, the more the buying power of gold grows. Your question is evidence of a failure to understand the relationship of supply and demand. Gold is scalable - infinitely scalable. Kind regards, Ken Griffith --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
