[e-gold-list] article: A Marriage of Security Convenience

2002-05-21 Thread James M. Ray

I have to admit, I *love* my Speedpass. I find myself seeking
out Mobil stations so I can use it. I think Speedpass may have
a 'grams' wallet, eventually, but I'd want more authentication
than has Jim's keys! before I felt as good about using it for
spends -- with dollars, currently I'm (supposedly) not at risk for
theft, they even cover the fifty bucks I'd be out if the card were
stolen, they claim, but I don't wish to test that feature!

It's neat-o technology. Speedpass is at www.speedpass.com
JMR

http://www.americanbanker.com/printthis.html?id=20020506RC9KW20Dfrom=Home


American Banker


A Marriage of Security and Convenience
From: Card Technology
Thursday, May 16, 2002


Millions of consumers pay for gasoline by waving a small token, like the
ExxonMobil Speedpass, near a pump. And millions more ride subways and buses
each day by waving a contactless smart card past a turnstile. Wouldn't it
be great if there were one token consumers could use to pay for many
things, and not just in their home towns, but around the world?

That has not been feasible up until now because the encryption technology
used to secure financial transactions when many merchants or service
providers are involved took too long to complete a transaction. What's
more, this technology, known as public key, requires too much power for
devices such as these that are powered up by a radio frequency signal from
a reader.

But at least three makers of smart card chips are looking seriously at a
new encryption system that its developers claim can work quickly enough to
be used in transit systems, and that would dramatically lower the price of
contactless cards sophisticated enough for use in retail payment
applications.

The technology is from a Burlington, Mass.-based company called NTRU, which
has attracted $38 million in financing in the past two years. Among the
investors are technology giants Texas Instruments and Sony Corp. Both
companies confirm their interest in using NTRU technology in mobile
devices, pointing out that NTRU requires less processing power and
electrical energy than other encryption systems.

[...]


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[e-gold-list] Re: [dgc.chat] re: New Report

2002-05-21 Thread Sidd



   However, only GoldMoney actually operates on a definite gold 
   ownership transfer basis. 

  Craig Spencer wrote:
  This is a difference that makes no difference.


Claude Cormier wrote:
 I think it makes at least one difference for now. One of perception. 
 When I suggest to people who want to buy gold that they have the 
 choice between gold itself in the form of digital money and a 
 digital currency backed by gold, they say they want the real thing.  
 It is a matter of perception and important in the eyes of many...i.e. 
 mining companies who will be paying gold dividends.

Claude, I think empirical and historical evidence suggests that this 
perception is not as important as you suggest. It appears that Evocash 
and Osgold do exceptionally well considering they have no proven gold 
backing at all. Certainly e-gold appears to be a giant in comparison to 
all the other DC's commonly mentioned on this list. Claude, how can we 
believe that people prefer GoldMoney because they percieve it to 
be the real thing?

Since very early in the history of money, people around the world have 
been happy to use receipts, notes etc. in place of the real thing 
because its more convenient and often more secure. Claude, surely this 
will not change?

Claude Cormier wrote: 
 Of course, on the legal side, a digital gold currency is very much 
 different than a currency backed by gold (even if backed at 100%). 
 In the first case, the owner of the DGC hold a hard asset, in the 
 later case, the ower of the GBC owns someone else liability.Is this  
 important?  I am not sure. But the fact that some user agreements of  
 GBC's can be change by the issuer could make this difference very  
 important. In the GoldMoney system, no matter what happen to the  
 transporter, I own the gold in the vault. In GBC's system I only own  
 a claim on some gold that does not belong to me.

Claude, these legal intricacies seem to make great marketing tools, but 
to really expose the difference between say, e-gold and GoldMoney, 
let's examine the practicalities.

Let us imagine for a moment that through some terrible disaster, GM 
Networks Ltd (Goldmoney) and e-gold both lost their entire database of 
customer accounts (some will say this is impossible, but that is not 
the point, bear with me). Now I (as a GoldMoney account holder) want my 
gold, and I know I hold title to it, so I pop down to the Via Mat vault 
and I tell them I've come for my gold.

Do they have a record of gold belonging to me? I doubt it, they will 
probably tell me that they don't have records of any gold belonging to 
me, and if I believe I have a claim on the gold held by GM Networks 
Ltd. then I should contact them to take posession of my gold. Of course 
the DB is gone, so Goldmoney don't know how much to give me. Imagine 
they pay me out; if they give me too much, they won't be able to stand 
by their promise to pay all the other Goldmoney users!

It is clear to see that for all practical purposes GoldMoney is just 
like e-gold... they are both gold backed digital notes, the terms of 
which are published in the respective user agreements. Both systems 
would be in exactly the same predicament if they lost their DB... how 
to honour their promise to pay?

GoldMoney have a governance policy that gives users reasonable 
confidence that the digital notes issued by GoldMoney are 100% backed 
by gold. The e-gold governance allows for a looser relationship 
between the digital notes and the gold. This may give users a 
perception of greater security in GoldMoney, but surely Claude, to 
believe GoldMoney is more secure because you have title to the gold 
is to mislead yourself?

I think Craig is correct when he says, This is a difference that makes 
no difference.
  
Regards,

Sidd.


~~~
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http://pecunix.com
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[e-gold-list] Gold Today back online

2002-05-21 Thread Michael Moore

Dear Valued Client,

Thank you for your patience!

The change of Host has been successfully completed thanks to our webmaster
www.designeffects.com  and our new host Bob Wise of  www.wiseware.com.au
I recommend them highly to you for any requirements you may have in that
direction.

www.gold-today.com  is now back open for business and orders can now be
lodged.  Simply go to http://www.gold-today.com/buygold.php3  to place your
order.
Technocash is still available for those Australians who prefer using it  and
all orders are still a flat 5%.

And don't forget.  Our new free public service , the ICAR  (International
Currency Account Registry),  is available 24 hours a day 7 days a week for
your use.

If you are a also a Merchant who accepts gold and/or Digital currency, you
can also place paid advertisements on the site which is receiving volume
hits even after only 2 days!  All Advertisers get a free A Class listing
depending on verification of details submitted.

Kind regards,

[EMAIL PROTECTED]
A Member of the Gaithman Group of Companies
An Accredited Founding Member of the
eCurrency Trade Association Inc
http://www.gold-today.com
http://www.currencyregistry.com
Courage and perseverance have a magical talisman, before which difficulties
disappear and obstacles vanish into air.
- John Quincy Adams



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[e-gold-list] Re: [dgc.chat] re: New Report

2002-05-21 Thread Patrick Chkoreff

From: Sidd [EMAIL PROTECTED]

 Let us imagine for a moment that through some terrible disaster, GM
 Networks Ltd (Goldmoney) and e-gold both lost their entire database of
 customer accounts ...

 It is clear to see that for all practical purposes GoldMoney is just
 like e-gold... they are both gold backed digital notes, the terms of
 which are published in the respective user agreements. Both systems
 would be in exactly the same predicament if they lost their DB... how
 to honour their promise to pay?

Sidd:

I think that's an overly catastrophic scenario, kind of like talking about
what would happen if an asteroid hit the planet.

I'm more interested in the practical differences between the two
arrangements if NO massive disaster occurred.

Let's say for example, either e-gold or GoldMoney decide to go out of
business.  Not because they're failing or intend to default on obligations,
but just because they feel like doing something else.

What are the practical differences here?

If GoldMoney goes out of business, they must either give you your gold or
give you your proportional share of a liquidation sale, payable in fiat
currency I suppose.

If E-gold goes out of business, they must ... uh ... either give you your
gold or give you your proportional share of a liquidation sale, payable in
fiat currency I suppose.

I'm not trying to be cute here, but I do have a hard time discerning a
difference between owning a thing versus having a CLAIM on a thing.  What IS
a claim anyway?  A claim of ownership!  If you have a valid claim on a
thing, don't you own the thing?

By the way, it is not a sufficient answer to say, Well, the difference is
due to recent legal interpretations, with precedents in English Common Law,
blah, blah, blah.  That may all be true, but I want to know what the actual
difference is, not in terms of legal wording, but in terms of how it plays
out in the real world.  In other words, describe two scenarios that are
visibly different.  Is one system stronger than the other because certain
people will go to prison if they don't make good on an obligation?  Define
the difference in concrete terms.

 I think Craig is correct when he says, This is a difference that makes
 no difference.

Possibly, unless someone can specify the difference in concrete terms.

-- Patrick


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[e-gold-list] Re: [dgc.chat] re: New Report

2002-05-21 Thread jpm


  I think Craig is correct when he says, This is a difference that makes
  no difference.

Possibly, unless someone can specify the difference in concrete terms.



Yeah, let's have it .. ?



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[e-gold-list] Re: [dgc.chat] re: New Report

2002-05-21 Thread SnowDog

  I think Craig is correct when he says, This is a difference that makes
  no difference.

 Possibly, unless someone can specify the difference in concrete terms.

Here's a possibility, but quite small in probability, I think:

Let's say that Joe Blow has his account hacked and, without his knowledge,
loses $2 million dollars in gold. A judge, looking at E-Gold might conclude
that E-Gold LTD is liable, and order them to pay, using all of  THEIR
assets, including the community gold. A judge MAY, (but maybe not), rule
differently if the theft were in GoldMoney.

Craig (SnowDog)



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[e-gold-list] The Digital Monetary Trust takes g-dinar's

2002-05-21 Thread don . raymond



What is the Digital Monetary Trust? 
http://www.aci.net/kalliste/dmt-faq.htm

The Digital Monetary Trust is a computer system and mechanism that gives users the 
ability to hold assets anonymously, along with the ability to anonymously transfer 
these assets to other parties. 

You can think of a DMT customer account as an anonymously-held checking account (in 
which the customer is anonymous both to the bank and to other people), but one which 
allows the customer to write checks to third parties (and these third parties will 
also be anonymous to the bank and the outside world; in fact, you can even arrange for 
the receiver of your check to be anonymous to you also). 

The checking account analogy here is only an analogy; there are no actual paper 
records involved within the DMT system.

enjoy,
don



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[e-gold-list] Domain mgrs beware VeriSign marketing ploy

2002-05-21 Thread don . raymond



This may be off topic, but it could affect those managing domains
in the DGC community. I recently got a bill from VeriSign indicating
a couple domains I manage were expiring and I needed to act
immediately. After reading closely I determined they were using
a ploy to get me to transfer my domain from my current registrar.
Anyway, I bring this up cause it can be a bear to switch.

don


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[e-gold-list] Re: [dgc.chat] re: New Report

2002-05-21 Thread SnowDog

 Your scenario suggests that the victim would be WORSE off with GoldMoney,
 having no recourse at all because the $2 million is not a liability of
 GoldMoney.

Right, but if someone lost $2 million in the E-gold system, and a judge
subsequently ordered E-Gold LTD to compensate the victim, using the gold, if
necessary -- then the integrity of the E-Gold system would be compromised
for the other users.

The gold must NOT be thought of as an asset of the corporation operating the
currency.

Craig (SnowDog)



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[e-gold-list] Re: [dgc.chat] re: New Report

2002-05-21 Thread Colonel Bosco

This ground was already covered throughly last Feburary, for a full 
explanation see this article.

http://www.goldeconomy.com/article.php?sid=169



This article will take a closer look at some of the claims made by GoldMoney 
and ask some hard questions.

The question has been raised whether the term “backed” should be used in 
reference to digital gold currencies. There is some controversy surrounding 
this issue. James Turk, the founder of GoldMoney says, “I don't want to 
sound pedantic on this point, but I think it is important to note that 
GoldMoney is not a “Gold Backed Currency (GBC)”. GoldGrams are not backed by 
gold; rather, they are gold. GBC's are a thing of the past, and a throwback 
to fractional reserve banking. As the inventor of digital gold currency, we 
believe that to be correct on this point GoldMoney should be called a 
Digital Gold Currency.”


There is a problem with this assertion, however. When I spend 1.0 GoldGrams 
to another person, a physical gram of gold does not pass through the wires 
of the Internet. For that matter, a physical 1 gram piece of gold does not 
exist in the ViaMat vault where GoldMoney stores gold for its account 
holders. When I make a 1.0 GoldGram spend there is an instruction sent over 
the wire to transfer my claim on 1 gram of gold in the GoldMoney system 
(presumably part of an 11 kg bar) to another holding.

This is important to think about because the GoldMoney patent that was 
granted to James Turk by the US Patent Office says that Mr. Turk created a 
new invention because digital gold extinguishes payment obligation 
instantly, “thereby eliminating payment risk”. The basis of this claim is 
that the GoldMoney account holder directly owns the gold in the vault.

Can this be possible?

There is a significant difference between a claim and a title. A title is a 
legal instrument giving ownership of a specific asset. You can obtain the 
title for a particular 1996 Nissan Sentra. The title has a serial number 
identifying the particular vehicle. Likewise, with land, a non-movable 
asset, a real estate title is a claim to a specific piece of land defined by 
meets and bounds. You cannot get a title to “a Nissan Sentra” or a title to 
“an acre of land”. Title requires a specific tangible asset be identified 
with a specific owner.

A claim can be functionally similar to a title, but it does not attach to a 
specific asset, because a claim is a liability against a person or 
organization. A bank deposit receipt can be considered a claim on the money 
you just put in the bank, but it doesn’t identify which particular dollar 
bills you own, because the bank owns the dollar bills, and you have a claim 
against the bank. The bank can give you any dollar bills from its pile to 
redeem your claim. Likewise, a car dealership could issue a lottery in which 
they give away a new corvette. The person with the winning ticket can 
present it as a claim against the dealership for one corvette, the winning 
ticket is not a title to the “2001 Red Corvette in the showroom.” Not until 
they fulfill his claim by giving him a corvette does the winner obtain title 
to a particular corvette that he now owns.

The reason that the distinction between claim and title is important in the 
case of GoldMoney is that the company claims to eliminate currency risk by 
making the GoldGram holder the actual owner of the gold in the vault with no 
intermediaries. However, as we will show below, this is impossible with the 
present GoldMoney infrastructure.

The GoldMoney patent for gold as a digital currency defines a “deposit 
currency” as “the liability of the banks that accept deposits of a country’s 
national currency.” The patent then goes on to claim that a GoldMoney 
transaction eliminates payment risk because once the transfer has been made 
the gold asset itself extinguishes any debt liability and the payee now 
holds an asset instead of a promise to pay. A one-dollar bill is a “promise 
to pay” that is a liability to the bank, but a one ounce gold coin in your 
pocket is an asset. In effect, GoldMoney is claiming that GoldGrams are the 
same thing as a physical gold coin in your pocket, but safer.

However, it is the contention of this writer that the GoldMoney system 
functions in a manner identical to “deposit currency” the only difference 
being that the system uses gold by mass instead of national currency to 
denominate its account liabilities. Whether or not the liabilities are 
backed by 100% tangible assets or fractional reserve has no bearing on the 
nature of the “invention” itself, because the reserves backing the claims 
against the institution are governed by the policy of the issuing 
institution, not an invention.

ViaMat, like all bullion storage vaults, has an inventory list of every 
bullion bar in its vault with a serial number, exact weight, fineness, and 
owner for that bar. The bars vary in exact weight and fineness making one 
different and 

[e-gold-list] Re: [dgc.chat] re: New Report

2002-05-21 Thread jpm

Some food for thought ...



eg,
The owner of the GoldMoney bullion bars is the aggregate of all GoldGram
account holders. It is impossible to identify which grams of gold in the
vault belong to which account.
eg,
There is a problem with this assertion, however. When I spend 1.0 GoldGrams
to another person, a physical gram of gold does not pass through the wires
of the Internet. For that matter, a physical 1 gram piece of gold does not
exist in the ViaMat vault where GoldMoney stores gold for its account
holders.




Yes, but that's the case in alomst ANY sale.

When you sell MSFT shares to Biff by telephoning your broker, the 
physical certificates don't pass through the internet

MSFT shares -- as with most ownership described by clear title of 
ownership - are not molecularly identifiable, you can't front to 
Redlands and ask for half a dozen programmers and a small building if 
you own a million MSFT shares.

Most real estate titles are non molecularly identifiable: you own 
title to an apartment, it is just a share of a large building; 
usually of the enterprise containing that building.

actual land titles (earth, real estate) (like fee simple titles) 
are notoriously non-molecularly-identifiable; there are endless 
vagaries and sharings relating to what's under the ground, at 
different depths, in the air (cf. air rights in Manhattan re tall 
buildings), boundaries, etc.

you own a car with your wife, you cant identify each half's molecules.

Or let's say you buy a new car and get title to it:

40% of the VALUE of that thing is not the metal car per se, but the 
5-year-100,000 mile warranty that Mercedes offer, which is a vague 
sort of contract-thing with a public company entity and its network 
of dealer-franchizes

This kind of primitivist I really OWN this-here hammer in my 
pocket business applies only in very, very rare situations. 
Actualy, whenever paperwork - titles, contracts, mortgages, deeds, 
and the rest - is involved its hard to think of an example where you 
sort of molecularly own anything.





GoldMoney has not invented anything new. It has merely assembled a
permutation of the prior arts of ...

I don't know what invention means legally, but patents (the legal 
thing) in the US specifically talk about assembling permutations of 
prior arts .. that's what you get a patent on.





Since the GoldMoney patent claims that the invention of digital gold
currency is distinctively different than a deposit currency because the
account holder is the title owner of the gold in the vault, then as long as
the other gold backed currencies do not make this claim, they cannot be in
violation of the Turk Patent.

nah, they could be in violation for a zillion reasons.  As you say ..


Of course I am not a patent lawyer

Right.  It's fascinating to discuss ideas about the patent(s) but 
it's pointless to try to guess what will happen in court, I reckon.




But let us hope for the sake of the free market that e-gold wins.

Well if one is an anti-patent generally sort of anarcho-libertarian 
viewpoint -- fair enough.


As I've mentioned before, what the actual market needs (ie the 
actual field of commerce here in Europe/USA today) is CERTAINTY, ie, 
they need the patent battle to have BEEN FOUGHT, and over with.

I can't see that it makes any differences who wins.

The good thing is that the battle's been fought and settled.

When IBM/Walmart/Citybank come along and want to do DGC properly, if 
James has won, then IBM/Walmart/Citybank will just unexcitedly 
licence the technology.

When IBM/Walmart/Citybank come along and want to do DGC properly, if 
Doug has won, then come along and want to do DGC properly, will 
unexcitedly not license the technology.

If however IBM/Walmart/Citybank come along and want to do DGC 
properly, and the patent issues had NOT been settled, then they'd 
just say to themselves oh, sad little amateurish industry, nothing 
can be done there .. you know?

It really also makes little difference who has the patent.  If, as it 
happens, egold had gotten in first and beaten gm to the punch, it 
would be the other way around, but I can't see it would make any 
difference for the economy or the industry as a whole -- so long as 
the issues are settled and clear.


JP!


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[e-gold-list] how do I get money in?

2002-05-21 Thread Michael Hintz

Hello everbody,

1. sorry this basic question again! I like to send money to my account
from germany. I have visa, paypal, or bankaccount! So what is the next
step?

2. can I use amex-moneyorder also?

3. can I get money by moneyorder also?

4. How about getting metal to Germany?

Ok, that all for now. Please help!

Michael Hintz
Germany, Luebeck

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[e-gold-list] RE: how do I get money in?

2002-05-21 Thread Fidex Marketing

Michael,
 
 1. sorry this basic question again! I like to send money to my account
 from germany. I have visa, paypal, or bankaccount! So what is the next
 step?

Use Fidex, enter a transaction on our website in Euros and you will be
given details of our correspondent account and BLZ at Deutsche Bank.
Just transfer the money there and your e-gold will be with you soon! Go
to:
 http://www.e-fidex.com/wireincome.php?l=eng

 2. can I use amex-moneyorder also?

Yes you can, send it to us by mail.

 3. can I get money by moneyorder also?

We can do that too.

 4. How about getting metal to Germany?

Sorry, can't help you there, but I'm sure someone on this list can.

Regards
Nick Scott
Fidex Group


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[e-gold-list] New Report

2002-05-21 Thread Sidd

Patrick, James et al,

There is one point that needs clarifying in my mind, and this has 
nothing to do with patents or other legal mysteries...

Very simply, there is a pile of gold in the viamat vault. Somebody has 
the key to the vault. In other words, someone has authority to put 
their hands on that gold and take it out of the vault, or to put more 
in. Is this correct?

As a GoldMoney user, I do not have that authority... so I must rely on 
the promise of the person(s) who have the authority that they will 
indeed give me my share if I demand it. Is this correct?

So please clarify for me, can I walk up to the vault and extract the 
gold or must I work through a third party(ies)? If so, then obviously I 
need to trust them to uphold their promise to honour the contract...

Sidd.

~~~
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http://pecunix.com
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[e-gold-list] I need s.o. to pay with Credit Card - I will pay him with egold +fee

2002-05-21 Thread Enzo

hello,

I need somebody to pay for the personal service of www.gotomypc.com which
is $20 per month with his credit card because I do not have credit card
and they do not accept anything else.

I have egold and I was hoping somebody to help me pay it for 2 months and
I am ready to pay him $20 fee for the service (i.e. send him $60 in egold)

Looking forward to hearing from serious people ( I will prefer to be
contacted by egold exchange service providers as they are well known
people)
My email is [EMAIL PROTECTED]

Thanks
Steve

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[e-gold-list] John Quarterman Debates the Dangers of Internet Monoculture

2002-05-21 Thread R. A. Hettinga


--- begin forwarded text


Status:  U
Date: Tue, 21 May 2002 16:57:18 -0400
To: [EMAIL PROTECTED], [EMAIL PROTECTED]
From: R. A. Hettinga [EMAIL PROTECTED]
Subject: John Quarterman Debates the Dangers of Internet Monoculture
Sender: [EMAIL PROTECTED]
Reply-To: R. A. Hettinga [EMAIL PROTECTED]

http://www.businesswire.com/cgi-bin/f_headline.cgi?day1/221402573ticker=


BW2573  MAY 20,2002   10:27 PACIFIC  13:27 EASTERN





( BW)(MA-MATRIX-NET) John Quarterman Debates the Dangers of Internet
Monoculture; Founder of Matrix NetSystems addresses the Digital Commerce
Society of Boston at the Harvard Club

Business/Technology Editors

BOSTON--(BUSINESS WIRE)--May 20, 2002--John Quarterman, founder and CTO
of Matrix NetSystems is speaking at the next meeting of the Digital
Commerce Society of Boston, June 4, 2002. His presentation, Network
Monoculture: Diversity, Survivability, and the Profitability of Internet
Commerce will look at the effects of natural and unnatural disasters on
Internet performance.
An economy based on one crop is fragile, because a single disease,
parasite or weather anomaly, could destroy both crop and the economy it
supported. The same goes for monoculture communications providers, said
John Quarterman. On September 11, the one main telephone company in New
York City suffered under excessive demand. The Internet survived, with
several providers, keeping people in touch by email and IM.
Quarterman describes the Internet as an ecosystem, composed of many
interacting parts, ISPs, datacenters, enterprises, end-users, each of them
drawing sustenance from the others and from raw materials. He explains how
each of them needs to make informed decisions, to create a true market.
Diversity will enhance corporate, national and world security.
Visibility enables differentiation and thus selection. Making Internet
performance visible to ISPs, bandwidth traders and customers can enable
evolution of the Internet ecology, and will make this market, added
Quarterman.
Matrix NetSystems measures Internet performance, verifies service
levels and customer connectivity, and offers optimization recommendations.
The Insight Management Suite is the first managed service able to quickly
identify and isolate Internet performance problems down to the router IP
address level globally, on a 24x7 basis.
Formed in 1990 (as MIDS) Matrix NetSystems was the first organization
to record Internet performance data, as well as create a daily topology and
ISP ratings (ratings.matrixnetsystems.com) that are cited the world over.
John Quarterman has written seven books related to the Internet,
including `The Matrix', the first and only published work to describe all
computer networks worldwide. He has consulted for Hewlett Packard, Digital
Equipment Corp., MCI, ATT and IBM.
The event is taking place on Tuesday, June 4 from 12:00pm - 2:00pm at
The Downtown Harvard Club of Boston, One Federal Street. Please contact
[EMAIL PROTECTED] for tickets.

About Matrix NetSystems

Formed in 1990 (as MIDS) Austin, Texas-based Matrix NetSystems is
harnessing its decade of intellectual capital and productizing it to solve
today's Internet-related issues. Today the company offers Matrix Insight, a
managed Internet performance measurement service. WithMatrix Insight,
enterprise customers gain accurate performance information for the
selection, monitoring and management of Internet infrastructure and service
providers, resulting in lower costs, as well as improved customer
retention. For additional information visit www.matrixnetsystems.com.



--30--es/bos*

CONTACT: LEWIS PR
 Alison Merifield
 617 / 454 -1104
 [EMAIL PROTECTED]

KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE HARDWARE
INTERNET NETWORKING
SOURCE: Matrix NetSystems






©2002
--
-
R. A. Hettinga mailto: [EMAIL PROTECTED]
The Internet Bearer Underwriting Corporation http://www.ibuc.com/
44 Farquhar Street, Boston, MA 02131 USA
... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience. -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

For help on using this list (especially unsubscribing), send a message to
[EMAIL PROTECTED] with one line of text: help.

--- end forwarded text


--
-
R. A. Hettinga mailto: [EMAIL PROTECTED]
The Internet Bearer Underwriting Corporation http://www.ibuc.com/
44 Farquhar Street, Boston, MA 02131 USA
... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience. -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

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[e-gold-list] I need s.o. to pay with Credit Card

2002-05-21 Thread NetGoldSpend

I need somebody to pay for the personal service 
of www.gotomypc.com which is $20 per month with his credit card 
because I do not have credit card and they do not accept 
anything else.

I have egold and I was hoping somebody to help me pay it for 2 
months and I am ready to pay him $20 fee for the service 

It would be much simpler and cheaper just to open a netSpend account 
and transfer $40 to it from e-gold with 
http://www.NetGoldSpend.com
Then you could make your payment yourself with one of netSpend's 
single use credit cards.

[EMAIL PROTECTED]


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[e-gold-list] RE: I need s.o. to pay with Credit Card

2002-05-21 Thread Fidex Marketing


 It would be much simpler and cheaper just to open a netSpend account
 and transfer $40 to it from e-gold with
 http://www.NetGoldSpend.com
 Then you could make your payment yourself with one of netSpend's
 single use credit cards.
 
 [EMAIL PROTECTED]

Sounds wonderful but how does it work? I looked at netgoldspend.com and
could not see anything about opening an account nor anything about
single use credit cards...?

Tell us... I'm sure if you can offer this service you will have lots of
clients...

Regards
Nick
Fidex


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[e-gold-list] RE: I need s.o. to pay with Credit Card

2002-05-21 Thread NetGoldSpend

Dear Nick,

 ... netSpend's single use credit cards. 

Sounds wonderful but how does it work? I looked at netgoldspend.com and
could not see anything about opening an account nor anything about
single use credit cards...?

NetGoldSpend and netSpend are two entirely unrelated businesses.

Go to 
http://www.netspend.com
to open a netSpend account and learn about their single use 
credit cards.

Go to
http://www.NetGoldSpend.com
to convert digital gold into netSpend account balances.

[EMAIL PROTECTED]

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viruses.



[e-gold-list] Would Andrew Jackson look pretty in pink?

2002-05-21 Thread James M. Ray

When I met Thomas R. Hipschen, he mentioned-without-saying
that this was a possibility (as I questioned him, he said he'd have
to kill me if he actually did tell me anything!). Mr. Hipschen is the
artist who did all the new large portraits on US currency, and (like
our mutual friend Boggs) he thinks a lot about counterfeiting as
part of his job, so listening to him was fascinating!
JMR


Would Andrew Jackson look pretty in pink?
From: R. A. Hettinga [EMAIL PROTECTED]
Date: Mon, 20 May 2002 22:29:44 -0400
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii

http://www.accessatlanta.com/ajc/news/0502/15currency.htmlhttp://www.accessatlanta.
com/ajc/news/0502/15currency.html


[ The Atlanta Journal-Constitution: 5/15/02 ]


U.S. weighs colored currency to thwart counterfeiters

By WILLIAM WAN
Cox News Service


WASHINGTON -- Would Andrew Jackson look pretty in pink? We may find out
soon. Treasury Secretary Paul O'Neill is considering printing U.S. currency
in different colors to stay one step ahead of counterfeiters.




The government redesigned bank notes starting in 1996 with new
anti-counterfeiting measures, but the changes merely kept the percentage of
bogus bills from increasing. Officials say that as criminals adopt new
technology, new modifications will be needed every few years.

Colorful cash is the first step. The Treasury Department hasn't decided
which denominations to print in which colors, but says it may start issuing
the new money, code-named NexGen, as soon as the middle of next year.

All indications are that the program is on track and we're going to
redesign, said Jim Hagedorn, spokesman for the U.S. Bureau of Engraving
and Printing. But it depends on O'Neill. He could still say no.

Treasury officials have testified the last two years before Congress that
redesigning currency is the only way to keep up with counterfeiters.
Expect a new look every seven to 10 years, said Hagedorn.

Last year authorities seized $66.6 million in counterfeit notes and found
another $49 million in circulation, according to the Secret Service.

Only about three-hundreds of 1 percent of the currency in circulation is
counterfeit, but technology has made the job easier. Since the 1996
redesign, counterfeiting in general has leveled off, but the percentage
generated by computers jumped from 0.5 in 1995 to nearly 50 percent in 2000.

The new 1996 bills came just in time to prevent a boom in counterfeiting,

said James Mackin, an agent with the Secret Service's counterfeiting
division.

Old-school forgeries required hard-to-make plates, paper embedded with red
and blue security fibers, and a printing press half the size of a
Volkswagen. With laser printers, color copiers and scanners, you skip the
whole process, said Mackin. The quality is worse, but it's still good
enough -- all you have to do is fool one person.

How color might prevent the next counterfeiting boom was something that no
U.S. official would discuss. It all depends on the combination of colors
used, said Paul Marsch of the Royal Canadian Mounted Police.

Canadians have been printing colored money for over 66 years, but
counterfeiting there remains a problem. The color now used in Canadian
notes does nothing against counterfeiting, said Marsch, but the potential
is there.

There's also a practical side to color. You'll find it's easier to spot
the different bills, he said.

If O'Neill approves the NexGen program, the process of printing currency
would stay largely the same. The biggest change in printing NexGen bills
would be that the off-white paper used now would first be stained front and
back with subtle color.

Producing the NexGen bills would cost about $1 million a year, relatively
little in federal government terms. But the advertising campaign could cost
as much as $50 million, according to the Bureau of Printing and Engraving.

NexGen designers already have plans to work with businesses and agencies
that use machines that accept large-denomination bills, such as the U.S.
Postal Service, public transit systems and casinos. Most ordinary vending
machines won't need adjustments, because the rarely counterfeited $1 and $2
bills won't change.

U.S. bank notes had changed little for 65 years until 1996, when a surge of
counterfeiting inspired changes in the $100 bill down to the $5 over four
years. The redesigned bills had new watermarks, bigger and off-center
portraits, color-shifting ink that changed hue when viewed from different
angles, microprinted text that photocopiers can't reproduce, and embedded
plastic security threads that glow different colors for each denomination
under ultraviolet light.

But such changes -- and even colorful currency -- are tame compared to some
foreign currencies, which feature plastic paper, holograms, metallic
patches and secret words that light up under ultraviolet rays. With lower
circulation, other countries can afford more elaborate security features.

U.S. currency is the most widely circulated 

[e-gold-list] New site accepting e-gold

2002-05-21 Thread Alexis Golzman

http://checkaddress.net/

Perform an automatic verification of any domicile or e-mail address of any
business or individual in the World (With a checkaddress.net record), for
free and in a few seconds.

If you add a record to the site's database and you confirm your address,
you can also create electronic printable domicile certificates, valid as a
proof of address.

Please read the homepage and F.A.Q. for more information...

Regards,
Alexis.

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[e-gold-list] RE: I need s.o. to pay with Credit Card

2002-05-21 Thread Patrick Chkoreff

From: Fidex Marketing [EMAIL PROTECTED]

 Sounds wonderful but how does it work? I looked at netgoldspend.com and
 could not see anything about opening an account nor anything about
 single use credit cards...?

 Tell us... I'm sure if you can offer this service you will have lots of
 clients...


You need to look at http://www.netspend.com first.

The http://www.netgoldspend.com site is the market-maker part built on top
of NetSpend.

-- Patrick


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