[EMAIL PROTECTED] wrote: > > there have been (in total - not daily!) about a million bucks worth > of transactions at 1mdcGrams. > > Not really as impressive as e-gold's $3 mllion per day! > > JP!
Money is a 1.) store of value 2.) a medium of exchange and 3.) a unit of measure. The market might be saying that the high velocity could mean a money/currency is a good medium of exchange, but not so good a store of value. That there's some good in and out to get the job done (as in medium of exchange) going on, as apposed to the store of value aspect. I think it's too early for the unit of measure aspect to be operating in DGCs. Bob "Defense is boring but wins championships in all walks of life." - Austin Passamonte --- You are currently subscribed to e-gold-list as: archive@jab.org 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.
