[e-gold-list] Re: Hansa Dollars

2001-03-26 Thread CCS
> > I doubt that the market maker fees for Hansa-dollars would go down, > > as you envisage, below those for e-gold. The reason, in both cases, > > is the same: the risk taken by the market makers in selling hard > > money (Hansa-dollars or e-gold) for soft money. The crooks would > > prey on t

[e-gold-list] Re: Hansa Dollars

2001-03-25 Thread Vincent Youngs
> I doubt that the market maker fees for Hansa-dollars would go down, > as you envisage, below those for e-gold. The reason, in both cases, > is the same: the risk taken by the market makers in selling hard > money (Hansa-dollars or e-gold) for soft money. The crooks would > prey on the Hansa-d

[e-gold-list] Re: Hansa Dollars

2001-03-25 Thread CCS
> >It would just relocate the problem: how are you going to get Hansa > >dollars? You would now need a market trading dollars (the ones > >you have) for Hansa dollars. Does anyone have them? Is anyone > >selling them? Is buying them any easier or cheaper than buying > >e-gold? > > Surely so

[e-gold-list] Re: Hansa Dollars

2001-03-25 Thread jpm
>I have to admit I had not considered the possiblity of obtaining Hansa >dollars to be a problem. Vincent, having lived/banked in Anguilla, I would say a wire transfer is the easiest thing in the world! >>From the contract, it is clear that the best thing a market maker could do >is open an acc

[e-gold-list] Re: Hansa Dollars

2001-03-25 Thread Vincent Youngs
> Perhaps you could trade Hansa dollars vs. e-gold (I am not certain just > how much of the Systemics Trader actually works). But I don't think that > would really solve your problem. It would just relocate the problem: how are > you going to get Hansa dollars? You would now need a market tradi

[e-gold-list] Re: Hansa Dollars

2001-03-25 Thread Vincent Youngs
Actually, I overlooked point c. in the contract. I guess there will be a percentage premium charged by Hansa bank when purchasing Hansa dollars. ~ Vincent conditions_purchase= * { a) All Purchase requests must be accompanied by a WebFunds account number. Purchase requests should be deliv