At 11:49 AM +1000 07/11/2001, [EMAIL PROTECTED] wrote:
http://dailynews.yahoo.com/h/nm/20010710/wr/markets_internet_gold_dc_1.html
...you should always go with
..three million a day in transactions
That's the meat of e-gold. Make it a mantra for the press!
e-gold, now three million a day in
e-gold, now three million a day in transactions
Do you mean 3.2 million total transactions since 1996? For today,
stats http://www.e-gold.com/stats.html says the dollar-equivalent is
closer to $2 million-.
The 30 day moving average for gold velocity held steady at ~US$1.2 million
worth
First of allf all, please don't take my comments personally.
My bottom line was that IMO e-gold is more of a peer-to-peer currency then a
peer-to-merchant currency.
Furthermore, it would be a tax nightmare.
That's why we invented computers. That's why businesses hire accountants
Sure they would get hit by chargebacks, but they know that keeping satisfied
customers is cheaper then getting new onces.
Who wants to keep the type of customer who does chargebacks? Any reasonable cardholder
returns merchandise or whatever directly to merchant and gets a credit
My bottom line was that IMO e-gold is more of a peer-to-peer currency then a
peer-to-merchant currency.
Merchants are peers too. Personal bank checks, and paper cash, are P2P
payments. Merchants are not restricted to using only P2M payment systems,
such as credit cards. They can accept
I really don't see how e-gold could do the above. First of all, it
would have
to be a grandmother with access to a computer, and a telephone line, and an
internet service.
Not neccesarily. There are a lot of community internet access centers
being set up.
Then somebody would
At 11:49 AM +1000 07/11/2001, [EMAIL PROTECTED] wrote:
http://dailynews.yahoo.com/h/nm/20010710/wr/markets_internet_gold_dc_1.html
...you should always go with
..three million a day in transactions
That's the meat of e-gold. Make it a mantra for the press!
e-gold, now three million a day in
At 09:55 AM +1000 07/12/2001, [EMAIL PROTECTED] wrote:
...
True, but it's often over $3 million, and you should ALWAYS
EXAGGERATE TO THE PRESS. :)
Considering past experiences with media, I'm not sure Doug will
risk this -- besides, they're usually more than imaginative enough
without any
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
I read it to mean instant clearance of trades, which could have an
affect on the spread play earnings of market makers (the security trade
kind,not e-currency exchange providers).
...multiple dissimilar financial assets... probably refers to currency
trading (arbitrage), buy euro's, sell
http://dailynews.yahoo.com/h/nm/20010710/wr/markets_internet_gold_dc_1.html
SnowDog
A great story. Who placed that?!? Good one!
Jim or Douglas if you're reading this, you should always go with
..three million a day in transactions
That's the meat of e-gold. Make it a mantra for the
wrong.
Joe
You may donate any amount of e-gold to:
www.loavesandfishessoupkitchen.com
- Original Message -
From: David Hillary [EMAIL PROTECTED]
To: e-gold Discussion [EMAIL PROTECTED]
Sent: Monday, July 09, 2001 3:59 PM
Subject: [e-gold-list] Re: E-Gold New Story 7/10/01
He added
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