[e-gold-list] Re: The future for gold backed currency??

2001-09-30 Thread George Matyjewicz
currency back currency can be linked. As Michael said, you can extract your Standard Reserve funds at over 601,000 ATM's worldwide, and our ATM cards can be used at over 3 million POS units worldwide wherever the Mastercard/Cirrus/Maestro ATM or pin-based POS is used. Actually it seems to cross

[e-gold-list] Re: a sad list

2001-09-12 Thread Eric J. Gaither
on exchanges made to help with the donation fund. Thanks, Eric Gaither, President Gaithmans Gold Nation, Inc. (317) 788-8580 Voice [EMAIL PROTECTED] http://www.gaithmans.com Gaithmans: your digital currency destination! - - - - - - - - - - advertisement - - - - - - - - - - Buy

[e-gold-list] Re: Gold-backed Digital Currency

2001-09-11 Thread David Hillary
Annual production and demand are not relevant when it comes to determining the long term price of gold. At best, they are only short term influence. The reason is because of a very large above ground inventory that is at least 40 times larger than annual production/demand numbers. The past

[e-gold-list] Re: Gold-backed Digital Currency

2001-09-11 Thread C. Cormier - Ormetal Inc.
I think that this is the article that Ken Griffith refered to this afternoon. http://www.larouchepub.com/other/2001/2834chervonetz.html --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] Did you know that e-gold Ltd.

[e-gold-list] Gold-backed Digital Currency

2001-09-10 Thread David Barrington
Question ??? If the entire world switched to using e-gold today, for all their direct debit financial transactions, is there enough gold currently available to back it? --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]

[e-gold-list] RE: Gold-backed Digital Currency

2001-09-10 Thread Paul Vahur
-BEGIN PGP SIGNED MESSAGE- Hash: SHA1 Hello David, very good question! If the entire world switched to using e-gold today, for all their direct debit financial transactions, is there enough "gold" currently available to "back it?" Basically yes - but that would mean that gold

[e-gold-list] Re: Gold-backed Digital Currency

2001-09-10 Thread Dale Pond
David Barrington wrote: Question ??? If the entire world switched to using e-gold today, for all their direct debit financial transactions, is there enough gold currently available to back it? Probably not at $300 an ounce but there would be at some much higher price. -- Life, Love and

[e-gold-list] Re: Gold-backed Digital Currency

2001-09-10 Thread Ian Green
- Original Message - From: David Barrington [EMAIL PROTECTED] To: e-gold Discussion [EMAIL PROTECTED] Sent: Saturday, September 08, 2001 11:42 PM Subject: [e-gold-list] Gold-backed Digital Currency Question ??? If the entire world switched to using e-gold today, for all their direct

[e-gold-list] Re: Gold-backed Digital Currency

2001-09-10 Thread Craig Spencer
the gold price would have to rise to roughly $5500 per ounce ($25/1.26 * $275) for each unit of fiat currency to be 100% backed by gold. It might not actually have to go so high to do the job. How much e-gold would actually be needed? This depends on how efficiently it is used or how fast

[e-gold-list] Re: Gold-backed Digital Currency

2001-09-10 Thread David Hillary
Come on guys lets have some clear and logical thinking. Gold stocks are like any other inventory, something which can be increased by investment (surplus of production over consumption). The supply curve for gold is upward sloping, like most supply curves, and thus an increased demand for gold

[e-gold-list] Re: Gold-backed Digital Currency

2001-09-10 Thread C. Cormier - Ormetal Inc.
On 10 Sep 2001, at 6:13, David Hillary wrote: Hello David. Gold stocks are like any other inventory, something which can be increased by investment (surplus of production over consumption). Gold, unlike most other products, is not consumed for the larger part. It is accumulated (saved) in

[e-gold-list] It's all relative (was Re: Gold-backed Digital Currency

2001-09-10 Thread George Matyjewicz
At 06:13 AM 9/10/2001 +1000, David Hillary wrote: Gold stocks are like any other inventory, something which can be increased by investment (surplus of production over consumption). The supply curve for gold is upward sloping, like most supply curves, and thus an increased demand for gold

[e-gold-list] Re: It's all relative (was Re: Gold-backed Digital Currency

2001-09-10 Thread Luc Van den Borre
| I heard a statement at a conference last week that Christ's robes cost 30 | grams of gold, or the equivalent value in today's dollars of approx | $262. Which is close to the same price one might pay for a suit of clothes | today. Therefore, in 2,000 years gold has been stable. Roman

[e-gold-list] Re: Gold-backed Digital Currency

2001-09-10 Thread Julian Morrison
C. Cormier - Ormetal Inc. wrote: Thus the gold price would have to rise to roughly $5500 per ounce ($25/1.26 * $275) for each unit of fiat currency to be 100% backed by gold. Demand draws supply - if gold got that valuable, sources would be found, and the supply would reinflate. --- You

[e-gold-list] Calling Parker Bradley

2001-09-05 Thread Gaithman
Anyone know Parker's new e-mail address? Thanks, Eric Gaither, President Gaithmans Gold Nation, Inc. (317) 788-8580 Voice [EMAIL PROTECTED] http://www.gaithmans.com Gaithmans: your digital currency destination! - - - - - - - - - - advertisement - - - - - - - - - - Buy

[e-gold-list] Money Honor

2001-09-03 Thread Bob
Subject: ip: Money Honor Date: Fri, 31 Aug 2001 20:45:24 -0400 From: R. A. Hettinga [EMAIL PROTECTED] To: Digital Bearer Settlement List [EMAIL PROTECTED] --- begin forwarded text Status: U Date: Fri, 31 Aug 2001 13:54:06 -0500 To: [EMAIL

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

2001-08-30 Thread David Hillary
] March 16, 2001 Recent Intertrader and Systemics alliance brings forth digital dollar from Hansa Bank Edinburgh (UK), Anguilla (British West Indies), 15th March 2001: Rachel Willmer, CEO of Intertrader Ltd (Edinburgh, UK), today became the first purchaser of the new digital dollar issued

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

2001-08-30 Thread Rachel Willmer
Or to put it another way, HansaBux are a digital dollar currency (backed by a 100% dollar reserve in a Hansa Bank account) issued by Hansa Bank using Systemics' Ricardo system. We at Intertrader have gone some way towards integrating this into our CashBox system, so rather than making manual

[e-gold-list] e-gold and WebMoney

2001-08-29 Thread Chief Executive Officer
Hi, everybody, you were talking about Western Union and mentioned my native payment system:) I have some coments. DSSomething like the scenario below does exist DSin Russia and other Russian speaking countries DSwith WebMoney Internet currency. Thank you, Dmitry for mentioning our moderate

[e-gold-list] Re: The Privacy/Untraceability Sweet Spot (was: When will e-gold become mainstream?)

2001-08-27 Thread Steve Schear
have contributed to the recent collapse of Flooz. One of the main motivations for using e-gold and other online currencies is privacy. Unfortunately, most e-currency developers and their supporters have exercised a sort of denial regarding privacy. The short analysis below, recently posted

[e-gold-list] Re: someone bailed out a few bars?

2001-08-21 Thread James M. Ray
in the examiner.) By using the fine weight of gold as the unit of measurement, the variation in purity of the bars becomes irrelevant, because only the real gold weight is counted. If all the digital gold currency companies used this standard, then 1 AUG would

[e-gold-list] GoldMoney Press Release - Deloitte Touche Completes Governance Review

2001-08-21 Thread GoldMoney Support
. * * * * * * * * * * * * * * * * * * * GoldMoney™ is the inventor of digital gold currency, a groundbreaking achievement that is advancing global ecommerce. GoldMoney is an online payment system that combines the world's oldest money, gold, with Internet technology to provide a safe, easy and inexpensive way

[e-gold-list] Fine weight versus nominal weight

2001-08-20 Thread Ken Griffith
How much gold is in a gram of digital gold? And more importantly, do the differences in the fineness of the various digital currencies affect the use of the AUG (one gram of gold) as a standard unit of digital currency? See what James Turk, Douglass Jackson, and Mike Singleton have to say

[e-gold-list] Re: Fine weight versus nominal weight

2001-08-20 Thread jpm
How much gold is in a gram of digital gold? And more importantly, do the differences in the fineness of the various digital currencies affect the use of the AUG (one gram of gold) as a standard unit of digital currency? See what James Turk, Douglass Jackson, and Mike Singleton have to say

[e-gold-list] Patents are the reason it matters

2001-08-19 Thread Ken Griffith
their gold owned by a trust, they are by definition deposit currencies. The GoldMoney patent claims that it is NOT a deposit currency, but rather a new invention, called a Digital Gold Currency that is different from and superior to deposit currencies. Therefore digital gold deposit currencies do not fall

[e-gold-list] Re: And another one down

2001-08-18 Thread Rachel Willmer
--On 18 August 2001 08:05 -0700 Jeff Fitzmyers [EMAIL PROTECTED] wrote: I believe DBC keeps failing because it's not convenient enough and the expenditure of time and concentration are higher than just paying the 5% credit card fees. I think Beenz and Flooze (Digital Based Currencies

[e-gold-list] Re: GBC

2001-08-18 Thread Viking Coder
without any excess furniture, or any other misc. detritus. e-gold isn't a valid 'digital gold currency' without the physical hard gold bricks. Does your local self-storage place give you 'detritus bucks' equivalent to the value of the stuff in your lock-up shed? e-gold does give you value

[e-gold-list] Re: GBC

2001-08-18 Thread Joseph Firmino
electronically. Gold is not backed by gold. Gold can't be backed by gold. Shouldn't we take this one step further and realize that what is circulating is not actually the gold which stays in one place at least as far as account to account transfers but rather the currency in this case is the digital exchange

[e-gold-list] Re: GBC

2001-08-18 Thread jpm
Shouldn't we take this one step further and realize that what is circulating is not actually the gold which stays in one place at least as far as account to account transfers but rather the currency in this case is the digital exchange of ones and zeroes generated buy computers. Hence we have

[e-gold-list] Re: GBC

2001-08-18 Thread Ken Griffith
is in the vault, they will then have issued more paper than there is gold backing. They have not created new gold, therefore the digital currency itself is not gold, but a liability backed by gold. It is paper, just like a gold certificate. Therefore Gold Backed Currency is just as valid as Digital

[e-gold-list] Re: GBC

2001-08-18 Thread Joseph Firmino
a reserve of gold or whatever -- it just doesnt mean anything. Enough of this! OK! I agree, I wouldn't and I think the whole idea of having to back a currency is absurd in the first place. I am, however, getting the distinct impression that e-gold is somehow being thought of as a digital currency

[e-gold-list] Why Beenz to shut down?

2001-08-16 Thread Todd Boyle
, digital currency appealed to Internet merchants because they avoided the hefty charges involved with credit cards. Anybody who believes that, isn't my idea of an expert... The shutdown of flooz, beenz etc. disprove only one thing: that it's possible to come in with huge, big-capital operation

[e-gold-list] Need E-Silver

2001-08-15 Thread Gaithman
] if interested. Thanks, Eric Gaither, President Gaithmans Gold Nation, Inc. (317) 788-8580 Voice [EMAIL PROTECTED] http://www.gaithmans.com Gaithmans: your digital currency destination! - - - - - - - - - - advertisement - - - - - - - - - - Buy anything from Amazon.com NOW using e-gold

[e-gold-list] ADV: Standard Global Currency Conference

2001-08-06 Thread George Matyjewicz
Hi: If you are ready for a new career, in the exciting new field of digital currency, then join us at a workshop/conference in Tortola, BVI on August 27-28. This conference will be unusual... a step-by-step management-oriented course. It will cover basic requirements and provide real

[e-gold-list] RE: E-GOLD is going up...

2001-08-01 Thread C. Cormier - Ormetal Inc.
On 2 Aug 2001, at 0:41, Ian Green wrote: Personally, I have determined to ignore all other gold currencies as I want to support the original and the best (safe, reliable, trustworthy), e-gold. I agree with you that e-gold is the original operating digital gold currency. It is certainly safe

[e-gold-list] open exchange protocol group

2001-07-25 Thread Ken Griffith
Several of us are going to start an open exchange protocol group for the purpose of defining a digital currency standard that will allow all the companies to use it to be compatible with each other. Anyone interested in participating should contact me for details. Ken Griffith --- You

[e-gold-list] the feds

2001-07-22 Thread Ken Griffith
tax in any state of the US.) The court convicted him anyway and sentenced him to a year in jail, reduced to sixty days, which he served in 1999. When I discussed with Mr. Sanders the idea of starting an electronic gold digital currency back in 1997, his response to me was, Ken, if you do

[e-gold-list] price of digital currencies

2001-07-21 Thread Ken Griffith
It seems to me that e-gold shouldn't need to set their price at all. That is, if a digital asset currency allows the market makers to do all the exchanging between that currency and fiat currencies, then the price of e-gold, GoldMoney or whatever, is determined by the average of all the daily

[e-gold-list] Re: price of digital currencies / is actually quite *LOW* compared to other commodities

2001-07-21 Thread jpm
.} Also PAUL -- you comment that fiat currencies have very low spreads of far less than a percent, why not e-gold too? Consider, e-gold is NOT a fiat currency, it's a commodity, gold. Indeed, I'm very surprised that e-gold spreads are (already) so low! Quite simply, you can't buy gold bullion

[e-gold-list] Re: e-Bullion Article

2001-07-20 Thread Gaithman
notice: clients can now trade in their e-metals, SR currency, and OSGold for e-Bullion (Gold or Silver) via Gaithmans. (A mere 1% transaction fee applies for the conversion from one digital currency to another.) GFCB is no longer the only place to fund an e-Bullion account. And I can tell you

[e-gold-list] Re: e-Bullion Article

2001-07-20 Thread The Snipper
confidential. Pecunix Venture Holdings Incorporated it appears will not be so reticent bearing in mind that there is an invitation on the table for prospectus issued shares available. Now that there are five gold digital currencies undergirding the gold economy, we are starting to see the kind

[e-gold-list] (Soft) Grand Opening!

2001-07-16 Thread Eric J. Gaither
offer e-metals, OSGold, SR currency, and we now proudly introduced e-Bullion metals. We buy, sell, and trade all digital currencies making Gaithmans your digital currency destination! Please watch for a major upcoming sale on ALL payment methods and currencies. Details to be released

[e-gold-list] Re: (Soft) Grand Opening!

2001-07-16 Thread Tril
On Mon, Jul 16, 2001 at 12:23:23PM -0400, Eric J. Gaither wrote: We offer e-metals, OSGold, SR currency, and we now proudly introduced e-Bullion metals. We buy, sell, and trade all digital currencies making Gaithmans your digital currency destination! Good work Eric! Don't mind if I am

[e-gold-list] False advertising??

2001-07-16 Thread Eric J. Gaither
) Did I miss any?? Gaithmans strives to be the one stop shop for ALL of your digital currency needs, Tril, if you want a currency we do not have listed, just ask, I will get it in stock. Our four biggest sellers happen to be what we carry in stock and promote at all times: e-metals

[e-gold-list] Re: (Soft) Grand Opening!

2001-07-16 Thread Tril
. AND they accept these digital currencies: e-metals, SR currency, OSGold Actually, I was not complaining about this machine; it is capable of rendering most web pages rapidly. Thanks for the offer though. As a technical person I believe your web page (www.gaithmans.com) uses too many nested tables (I count

[e-gold-list] Re: (Soft) Grand Opening!

2001-07-16 Thread Gaithman
any?? Gaithmans strives to be the one stop shop for ALL of your digital currency needs, Tril, if you want a currency we do not have listed, just ask, I will get it in stock. Our four biggest sellers happen to be what we carry in stock and promote at all times: e-metals, OSGold, SR, and e-Bullion

[e-gold-list] Re: (Soft) Grand Opening!

2001-07-16 Thread Gaithman
Tril, BTW: It takes a very long time (10 sec) to render your pages on this 350MHz processor. I happen to know a few merchants who sell hardware that is a little more in touch with today's internet surfing needs. AND they accept these digital currencies: e-metals, SR currency, OSGold

[e-gold-list] Only thirty years ago ... the dollar was a joke; ...

2001-07-14 Thread Bob
Subject: ip: The Fallible Fed Date: Sat, 14 Jul 2001 22:12:14 -0400 From: R. A. Hettinga [EMAIL PROTECTED] To: Digital Bearer Settlement List [EMAIL PROTECTED] --- begin forwarded text Date: Sat, 14 Jul 2001 14:40:44 -0500 To: (Recipient list

[e-gold-list] The Federal Reserve Is All About Stupidity

2001-07-12 Thread Bob
Subject: ip: The Federal Reserve Is All About Stupidity Date: Thu, 12 Jul 2001 08:00:08 -0400 From: R. A. Hettinga [EMAIL PROTECTED] To: Digital Bearer Settlement List [EMAIL PROTECTED] --- begin forwarded text From: [EMAIL PROTECTED

[e-gold-list] Re: E-Gold New Story 7/10/01

2001-07-10 Thread David Hillary
He added that the absence of credit risk exposure in using digital gold, rather than a traditional hard currency, could also change the way financial markets did business -- for example, in allowing the immediate settlement of securities trades and the clearing of multiple dissimilar financial

[e-gold-list] Re: E-Gold New Story 7/10/01

2001-07-10 Thread David Brooks
dollars, etc, sweeping profits into gold currencies between trades. And I could be totally wrong too... Dave He added that the absence of credit risk exposure in using digital gold, rather than a traditional hard currency, could also change the way financial markets did business -- for example

[e-gold-list] Re: E-Gold New Story 7/10/01

2001-07-10 Thread Joseph Firmino
that the absence of credit risk exposure in using digital gold, rather than a traditional hard currency, could also change the way financial markets did business -- for example, in allowing the immediate settlement of securities trades and the clearing of multiple dissimilar financial assets. What does

[e-gold-list] Re: egold for cash

2001-07-07 Thread Eric J. Gaither
that will be dramatically improving our clients access to multiple digital currencies and related services. It is of importance to note that Gaithmans is NOT the lowest priced Market Maker in the Community. We charge an average of 5% for Inexchanges (minimum fee is $1.00 USD) and we do verify our clients

[e-gold-list] RE: E-Gold to Paypal

2001-07-05 Thread Frank Zuchristian
. For example, I attempted to assist in the refund process for Eurocredits (monies were to be refunded from E-Biz investors) by facilitating transfers from eurocredit dollars to Standard Reserve currency. Gary Stroud of EuroCredit bank was to exchange the eurocredit dollars for USD

[e-gold-list] RE: E-Gold to Paypal

2001-07-05 Thread Frank Zuchristian
. For example, I attempted to assist in the refund process for Eurocredits (monies were to be refunded from E-Biz investors) by facilitating transfers from eurocredit dollars to Standard Reserve currency. Gary Stroud of EuroCredit bank was to exchange the eurocredit dollars for USD

[e-gold-list] RE: E-Gold to Paypal

2001-07-05 Thread Eric J. Gaither
asset freeze. IT does not matter if you received those funds in digital form, paper form, electronic form, or hand delivered. You still RECEIVED those funds from a crook through what is known as a money laundering route. (bait, switch, change forms, reroute and whola!!!) My point to all

[e-gold-list] RE: E-Gold to Paypal

2001-07-05 Thread gary
in the refund process for Eurocredits (monies were to be refunded from E-Biz investors) by facilitating transfers from eurocredit dollars to Standard Reserve currency. Gary Stroud of EuroCredit bank was to exchange the eurocredit dollars for USD to wire to my company in exchange for his

[e-gold-list] Article (translation) that mentions e-gold

2001-07-02 Thread James M. Ray
.' At the start of the performance Boggs, 44, wild gray-blond hair that nearly reaches his shoulders, takes a digital picture of the audience - a bag filled with orange plastic Sacagawea coins lies between his legs. Then he recounts the story of Peter Minuit, governor of the West Indische Compagnie, who

[e-gold-list] Re: Defense Fund - Update

2001-07-01 Thread Bob
Khan a while back on this list pointed out, there is no mystery to starting a private gold backed currency business. Time will tell. Did you miss this post? Subject: [e-gold-list] Termination of services to DigiGold II Date: Wed, 20 Jun 2001 01:04:50 +0100 From

[e-gold-list] monopoly?

2001-06-28 Thread Ken Griffith
it contractually by giving oneself a monopoly on using the protocol. This by itself would doom the standard to failure, as the other players in the market who wish to issue metal-denominated currency would be forced to develop or adopt a DIFFERENT protocol for digital cash. If any of these payment

[e-gold-list] RE: Fractional Reserve Banking... What is it good for?

2001-06-26 Thread Ken Griffith
CD's where you lock your money in for a week or a month at a time. This gives the institution some predicatability and run protection. As the issue applies to gold digital currencies, I would suggest the following standard should be adopted in the industry: A currency that is 100% backed by gold

[e-gold-list] Digital Dollars

2001-06-22 Thread Michael Moore
than 20 gold companies, including several that operate within Australia, now trade in e-gold. Other companies, including Digigold www.digigold.net , have developed their own digital currency backed by e-gold reserves. Kind regards, michael [EMAIL PROTECTED] http://www.gold-today.com Sign up

[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread C. Cormier - Ormetal Inc.
is for these currencies to continue to improve and get market share. Simply because thet are the best offering for digital commerce. Since everything will be digital 10-20 years down the road... Claude http://www.goldcurrencies.ca http://www.ormetal.com == Claude Cormier

[e-gold-list] Re: e-gold-list digest: June 20, 2001

2001-06-21 Thread Viking Coder
-to-read-email system rather than a better private digital currency. All who want e-gold to be turned into a get-paid-to-read-mail program, please raise your hand. With the idea of spamdonations being out there now and trivial to implement, I see little way to prevent it. Check out the recent

[e-gold-list] Notifications

2001-06-21 Thread Julian Morrison
-gold a better get-paid-to-read-email system rather than a better private digital currency. Notifications are useful for more than spam - for example, they are an excellent automation tool, and useful for ordinary people so they can see when their MM comes though with the goods, etc etc. Even

[e-gold-list] New E-Gold SPAM - Payment System

2001-06-21 Thread SnowDog
I want e-gold to remain a currency, plain and simple. I don't want them to turn into some sort of ad house/paid-to-read program. Let e-gold ltd. do what it does best, be a accounting system for it's private digital currency. I think you're missing the point a little bit. I think what we're

[e-gold-list] Re: New E-Gold SPAM - Payment System

2001-06-21 Thread Viking Coder
! This would be much better accomplished and served by an indepedent entity/company. I didn't join a paid-to-read program. I created an account in globally usuable, private digital currency. Leave e-gold alone! Let it be a currency PERIOD Viking Coder Worth Two Cents? http://www.two

[e-gold-list] Re: New E-Gold SPAM - Payment System

2001-06-21 Thread Julian Morrison
SnowDog wrote: I want e-gold to remain a currency, plain and simple. I don't want them to turn into some sort of ad house/paid-to-read program. Let e-gold ltd. do what it does best, be a accounting system for it's private digital currency. I think you're missing the point a little

[e-gold-list] fair enough

2001-06-21 Thread jpm
I want e-gold to remain a currency, plain and simple. I don't want them to turn into some sort of ad house/paid-to-read program. Let e-gold ltd. do what it does best, be a accounting system for it's private digital currency. That's fair enough -- but that means that non-cottage industries

[e-gold-list] Re: Termination of services to DigiGold II

2001-06-20 Thread Goldlist Cynic
You missed the point (as usual)... --- Viking Coder [EMAIL PROTECTED] wrote: TANSTAAFL... It was in beta release with a total circulation of ~US$73,000. Once it went into full release it was going to become a frac reserve currency with e-metal backing 25% of the total circulation. A frac

[e-gold-list] Re: Termination of services to DigiGold II

2001-06-20 Thread Viking Coder
digital bearer currency would then use that account(s) as the backing. Viking Coder Worth Two Cents? http://www.two-cents-worth.com/?VikingCoder --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]

[e-gold-list] Re: Termination of services to DigiGold II

2001-06-19 Thread Viking Coder
TANSTAAFL... It was in beta release with a total circulation of ~US$73,000. Once it went into full release it was going to become a frac reserve currency with e-metal backing 25% of the total circulation. A frac reserve currency can be a 'free lunch' because it is subsidized by investments

[e-gold-list] 2 weeks until EFCE 2001 !

2001-06-10 Thread Rachel Willmer
Currency for Global Commerce Geoffrey Turk GoldMoney Nassau, Bahamas GoldMoney is an Internet payment system that greatly advances electronic commerce by providing a safe, cost-effective and easy way to exchange money for goods and services. By combining the power of Internet technology

[e-gold-list] Scottish Free Banking

2001-05-30 Thread Ben Legume
to try and stop them or punish them if caught!). Especially if/when digital currencies move to an encrypted model, where the actual exchangeable currency will consist of either computer code, or a smart-card/chip with heavy encryption, what is to stop the plunderers and scam artists from

[e-gold-list] Re: Scottish Free Banking

2001-05-30 Thread jpm
is lucrative (observe - government always steals the function eventually) and human ingenuity will solve all problems, bar none. Especially if/when digital currencies move to an encrypted model, where the actual exchangeable currency will consist of either computer code, or a smart-card/chip with heavy

[e-gold-list] Hong Kong Monetary Authority

2001-05-18 Thread Bob
Subject: Yam's Empire Date: Fri, 18 May 2001 07:20:06 -0400 From: R. A. Hettinga [EMAIL PROTECTED] To: Digital Bearer Settlement List [EMAIL PROTECTED] http://interactive.wsj.com/articles/SB990128659479662118.htm May 18, 2001 International

[e-gold-list] Re: Public Announcement regarding OSGold links

2001-05-10 Thread Eric J. Gaither
InExchange and OutExchange services for YOUR client base. You are effectively telling YOUR clients you have the right to control what information THEY can and cannot view by REACTING in such a fashion. Is e-Gold, Ltd. really the ONLY gold-backed, digital currency available to the Gold Economy

[e-gold-list] Re: [e-gold-list]Bravo Eric!!!

2001-05-10 Thread Eric J. Gaither
and cannot view by REACTING in such a fashion. Is e-Gold, Ltd. really the ONLY gold-backed, digital currency available to the Gold Economy population? No, it is not. It was the first, but not the last. Will you next eliminate the links to those services who whisper the good name

[e-gold-list] Re: Public Announcement regarding OSGold links

2001-05-10 Thread Frank Zuchristian
which provide InExchange and OutExchange services for YOUR client base. You are effectively telling YOUR clients you have the right to control what information THEY can and cannot view by REACTING in such a fashion. Is e-Gold, Ltd. really the ONLY gold-backed, digital currency available

[e-gold-list] Re: Public Announcement regarding OSGold links

2001-05-10 Thread Frank Zuchristian
which provide InExchange and OutExchange services for YOUR client base. You are effectively telling YOUR clients you have the right to control what information THEY can and cannot view by REACTING in such a fashion. Is e-Gold, Ltd. really the ONLY gold-backed, digital currency available

[e-gold-list] Re: Public Announcement regarding OSGold links

2001-05-10 Thread Mike Poulos
in such a | fashion. Is e-Gold, Ltd. really the ONLY gold-backed, digital currency | available to the Gold Economy population? No, it is not. It was the first, | but not the last. Will you next eliminate the links to those services who | whisper the good name of Standard Reserve gold as well

[e-gold-list] Re: Public Announcement regarding OSGold links

2001-05-10 Thread Frank Zuchristian
-Gold, Ltd. really the ONLY gold-backed, digital currency available to the Gold Economy population? No, it is not. It was the first, but not the last. Will you next eliminate the links to those services who whisper the good name of Standard Reserve gold as well? How about

[e-gold-list] Re: [e-gold-list]Bravo Eric!!!

2001-05-10 Thread Eric J. Gaither
certainly glad this is a digital currency matter rather than Law Enforcement matter. I only live two hours from Cincinnati, OH where such similar actions by the Law Enforcement Agency (police) caused several days of riots. Why? Once again the minority population felt that brute force (deadly

[e-gold-list] Re: [e-gold-list]Bravo Eric!!!

2001-05-10 Thread Joyce Marie
YOUR clients you have the right to control what information THEY can and cannot view by REACTING in such a fashion. Is e-Gold, Ltd. really the ONLY gold-backed, digital currency available to the Gold Economy population? No, it is not. It was the first, but not the last. Will you next

[e-gold-list] Re: Public Announcement regarding OSGold links

2001-05-10 Thread major bosco
which provide InExchange and OutExchange services for YOUR client | base. You are effectively telling YOUR clients you have the right to | control what information THEY can and cannot view by REACTING in such a | fashion. Is e-Gold, Ltd. really the ONLY gold-backed, digital currency | available

[e-gold-list] Re: Dreams of a cashless society

2001-05-06 Thread Steve Renner
a Reality. The Cash Card powered by Standard Reserve is without a doubt the Killer Application. Cash Cards have taken the world by storm, with over 25,000 members in 80 countries joining in just the 1st month. The Stored-Value - Digital Currency - Transaction Card is revolutionizing International

[e-gold-list] Excerpt of Barron's article mentioning e-gold

2001-04-26 Thread James M. Ray
, 2001) issue in the Editorial Commentary section. ... ...Financial innovators will create new stores of value and new legal tender for e-commerce. Ultimately, those digital currencies that offer the best combination of tech- nology, utility, liquidity

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

2001-04-18 Thread hkkid
Back to Paul Valhur's question: the reason that it does matter whether GSR invests in or allows fractional reserve schemes backed by e-gold is this: These fractional reserve schemes create money (digital bearer-held notes, or book-entry) using the denomination "grams of gold". This

[e-gold-list] Re: e-gold vs. GoldMoney

2001-04-17 Thread C. Cormier - Ormetal Inc.
On 17 Apr 2001, at 18:42, Paul Vahur wrote: GoldMoney - electronic money backed 100% with gold. Unlike physical gold can't (is not allowed to) be used in frb, thus enabling it to be used only as a means of exchange. Hello Paul, Goldmoney is a digital currency 100% back by gold, exactly like

[e-gold-list] Re: Interesting Article Comparing E-gold, Standard Reserve, GoldMoney

2001-04-13 Thread C. Cormier - Ormetal Inc.
On 13 Apr 2001, at 6:29, Viking Coder wrote: I don't understand why it's a bad thing to allow a 100% backed currency to be used as the basis for a fractional reserve banking system. Because you introduce a new risk. The unit of account of the new digital currency system is then no longer

[e-gold-list] Re: Interesting Article Comparing E-gold, Standard Reserve, GoldMoney

2001-04-13 Thread CCS
I don't understand why it's a bad thing to allow a 100% backed currency to be used as the basis for a fractional reserve banking system. Because you introduce a new risk. The unit of account of the new digital currency system is then no longer backed 100% by an hard asset (gold

[e-gold-list] Re: Fractional Reserve Banking

2001-04-13 Thread C. Cormier - Ormetal Inc.
On 13 Apr 2001, at 11:38, CCS wrote: Because you introduce a new risk. The unit of account of the new digital currency system is then no longer backed 100% by an hard asset (gold) as soon as you use credit instruments to increase your broad money base. Huh??? A risk for which

[e-gold-list] Re: Frac reserve

2001-04-13 Thread David Hillary
of money (i.e. currency boards which back their currency with a Secondary Earning Reserve as well as a Primary Liquidity Reserve) in the gold economy. Creators of money issue currency such as account balances, paper notes or digital bearer certificates based on market demand for such currencies. In

[e-gold-list] Re: Fractional Reserve Banking

2001-04-13 Thread CCS
Because you introduce a new risk. The unit of account of the new digital currency system is then no longer backed 100% by an hard asset (gold) as soon as you use credit instruments to increase your broad money base. Huh??? A risk for which currency? There are two units of account

[e-gold-list] Re: Interesting Article Comparing E-gold, Standard Reserve, GoldMoney

2001-04-13 Thread Viking Coder
On 13 Apr 2001, at 6:29, Viking Coder wrote: I don't understand why it's a bad thing to allow a 100% backed currency to be used as the basis for a fractional reserve banking system. Because you introduce a new risk. The unit of account of the new digital currency system

[e-gold-list] Re: Fractional Reserve Banking

2001-04-13 Thread Viking Coder
Claude wrote I agree with this. But it could also be e-gold itself that issue those loans and then the digital currency system that is e-gold could become in default and go bankrupt. This would be in direct violation of the user agreement. e-gold ltd. cannot simply create e-gold out

[e-gold-list] Re: Interesting Article Comparing E-gold, Standard Reserve, GoldMoney

2001-04-13 Thread Sidd
On 13 Apr 2001, at 6:29, Viking Coder wrote: I don't understand why it's a bad thing to allow a 100% backed currency to be used as the basis for a fractional reserve banking system. Then Claude wrote: Because you introduce a new risk. The unit of account of the new digital currency

[e-gold-list] fractional mystery

2001-04-13 Thread jpm
I still don't get it. The unit of account of the new digital currency system is not e-gold. Why should it matter if some other non-related entity uses e-gold as it's backing? If Digigold has 10% of the e-gold in circulation and decides to value it's currency at 20x it's reserve, then Digigold

[e-gold-list] Re: small suggestion

2001-04-11 Thread C. Cormier - Ormetal Inc.
On 12 Apr 2001, at 10:32, [EMAIL PROTECTED] wrote: Has anyone ever had the problem that you enter a spend, say, "5.50", and you accidentally leave the select menu set on "dollars" rather than, perhaps you MEANT to choose say grams. JP, The unit of account in the d

[e-gold-list] Re: small suggestion

2001-04-11 Thread jpm
On 12 Apr 2001, at 10:32, [EMAIL PROTECTED] wrote: Has anyone ever had the problem that you enter a spend, say, "5.50", and you accidentally leave the select menu set on "dollars" rather than, perhaps you MEANT to choose say grams. JP, The unit of account in the d

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