At 12:09 AM -0800 3/5/03, [EMAIL PROTECTED] wrote: > >I've been reading this list a long time and see once again a thread >about the difficulties with e-gold. Seems like last time, someone >mentioned an idea of e-gold themselves becoming an escrow agent. What a >great idea! I think that would make for a (really THE) most trustworthy >agent, even for newcomers.
... http://www.e-gold.com/unsecure/terms.htm e-gold does very few things, in order to do them well. IMO their user agreement would completely forbid your idea, even though I think that escrow services (honest ones, like I think Arik's is/will-be) are a good thing. They will cost money, as will arbitration services. A separation of roles will not only allow market competition to lower prices & improve the quality of services, it will also allow users to see exactly what their disputes cost. Separation of roles also avoids nasty reputation issues that invariably accompany disputes (there's a loser in all disputes, and sometimes "the system" gets things wrong, as we all know!). Finally, if you can revoke "my" spend, I simply won't be shipping! I'm not the only eBay merchant with that attitude, and small merchants like me can afford to take this posture. (I can't afford not-to!!) I don't want to pay anything extra for things like fraud (or others' insecure computers!) because it's throwing money down a black hole IMO. JMR --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
