[e-gold-list] Re: New Currency

2000-12-07 Thread Erich
> Very soon it will be even simpler than that. Really, the fundamental > issue of a currency is "what's backing it". Gold is an obvious thing, Actually, I should clarify my email a little. From a certain perspective, the fundamental issue of a currency is "what's backing it". From another (pr

[e-gold-list] Re: New Currency

2000-12-07 Thread Erich
> Below are the steps needed to start your own currency. > > 1. Build the website > > 2. Hold 25% reserve in e-gold > > 3. Deposit the rest 75% in Metal Savings and earn interest. Very soon it will be even simpler than that. Really, the fundamental issue of a currency is "what's backing

[e-gold-list] Re: New Currency

2000-12-07 Thread jpm
very astute, Khurram! :) >Hello, > > Below are the steps needed to start your own currency. > > > >1. Build the website >2. Hold 25% reserve in e-gold >3. Deposit the rest 75% in Metal Savings and earn interest. > > > Simple huh... look for "nuggets" to be launched early next year. > >K