I personally like the idea of some kind of security, but
it would clearly impose some limitations. What about a
solution such as the following: lots of banks have
different types of accounts, like checking versus savings.
Why not have "receive/spend" accounts, that are
instantaneous
--- Patrick Chkoreff <[EMAIL PROTECTED]> wrote:
>
> Of course, what the heck is a "small space" in the
> ASCII character set?
>
This is just a guess, but there are some languages like
Chinese, Japanese, and Arabic that cannot be encoded in
just one byte so they have
I know this seems a bit removed from the topic of e-gold,
though actually it isn't, but anyway, it's about money.
When dealing with paper money and coins, is there really a
good reason to have coins at all? It would seem on the
surface that just having banknotes would be OK, and wou
--- "Robert B.Z." <[EMAIL PROTECTED]> wrote:
> The concept behind abolishing interest is to
> actually share risk equally.
Dear Robert,
I'm just wondering, are you advocating a legal abolition
of interest, say by governmental policy, or are you merely
advocating the e
--- Jim Davidson <[EMAIL PROTECTED]> wrote:
>
> We actually have an example of such an economy.
> Consider the Byzantine empire, from 450 to 1453 AD.
> The entire economy was based on the gold solidus
> coin. As a result, Byzantium traded with every
> country in the known w
--- Jim Davidson <[EMAIL PROTECTED]> wrote:
Dear Jim,
Thanks for the response.
> > I think that a gram is worth about 10 dollars,
>
> I think that's mistaken. It is closer to $12.
I really meant it as an order of magnitude rather than a
specific value. I mea
--- Patrick Chkoreff <[EMAIL PROTECTED]> wrote:
>
>
> Yes, exactly. When you have a fixed supply of money
> (gold) and the
> economy grows, then the value of gold increases.
> Hayek made that exact
> point in his 1931 book "Prices and Production:"
>
I think the one
--- [EMAIL PROTECTED] wrote:
>
> hi jens,
> isn't it strange that scientific units like grams
> seem
> that way, yet fiat units like dollars don't!
Well, generally speaking that's true but actually right
now the Indonesian rupiah is about 10,000 to one euro...
>
I'm fairly new to all this gold stuff, but have been
thinking a bit about it over the last week or so and find
myself with a bunch of questions, none of which seem very
profitable but I figured I would ask though perhaps people
have gone over them before.
One thing I wanted to a
I'm the person from Japan who originally asked the
question about the price of gold rising if it comes into
more common use. Thanks for all the responses. I gather
from the responses that the use of gold for transactions
isn't likely to hit a level where it will make that much
of a d
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