| E-gold is known as private currency as it
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| | money ought to be anchored to it. E-gold
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| is not issued by governments. E-gold is
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| | boasts that its digital currency is
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| integrated into an account based payment
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| | backed by a stash of gold bars stored in
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| system that empowers people to use gold
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| | London and Dubai. E-gold also operates
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| as money. E-gold was created in response
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| | outside the radar screen of federal
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| to this need.
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| | regulators and the world's financial
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| E-gold transactions - a "spend" - are
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| | establishment.
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| completed electronically, usually using
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| | E-gold is a closed system, the only way
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| the web interface, and they always settle
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| | to obtain E-gold is by receiving a
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| by weight of the metal even if
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| | transfer from someone who already has
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| denominated in some other way.
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| | some, and the company maintains a
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| E-gold is a form of commodity money, so
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| | permanent record of all transfers.
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| it is subject to the price fluctuations
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| | E-gold investing is a all about a system
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| of that commodity. E-gold does not sell
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| | that allows you to profit from the money
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| its e-metal directly to users. E-gold,
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| | that is being traded everyday on the
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| unlike e-Bullion for instance, does not
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| | internet. An E-gold account can be used
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| sell digital currency directly to the
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| | by anyone who is or wants to engage in
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| user.
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| | one transaction or the other on the
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| E-gold charges an account fee (or Agio
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| | Internet. E-gold is like a bank that
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| Fee) of 1% per annum (deducted in monthly
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| | simply keeps your money stable and
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| payments) on all e-metal stored. E-gold
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| | handles your transfers for a very low
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| spends clear instantly, in contrast to
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| | fee.
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| checks or credit card transactions.
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| | E-gold machine is money-making system
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| E-gold clients can place a referral link
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| | that is created for any E-gold account
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| on a website to generate a few cents in
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| | holder who want to earn money
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| referral income.
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| | automatically. E-gold is succeeding where
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| E-gold has been perceived as the medium
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| | other electronic payment initiatives are
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| of choice for many online con-artists,
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| | failing because it is designed
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| with pyramid schemes and High Yield
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| | specifically for worldwide eCommerce.
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| Investment Programs ("HYIPs")
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| | E-gold is the store of wealth in cases
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| commonplace. E-gold and OmniPay have also
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| | when inflation and other circumstances
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| been accused of being a medium for money
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| | had caused credibility loss in the
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| laundering, although this is questionable
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| | Federal government and the paper they
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| given that there were only 24 customer
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| | print so eagerly lately. E-gold is second
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| accounts holding over 10kg of gold
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| | only to PayPal in popularity.
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| (approximate value$200,000) by April
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| | E-gold is ideally suited to international
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| 2006.
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| | transactions because weight units have a
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| E-gold has a long history of cooperation
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| | precise, invariable,
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| with law enforcement agencies in the US
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| | internationally-recognized definition and
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| and worldwide, providing data and
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| | precious metal prices are less volatile
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| investigative assistance in response to
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| | than paper currencies. E-gold can be
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| lawful requests. E-gold's Terms of Use
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| | thought of as a foreign currency that has
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| stipulate that all transactions are final
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| | a value relationship to your usual
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| and E-gold cannot be held responsible for
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| | currency and to other foreign currencies.
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| any spend. E-gold offers no protection
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| | E-gold isn't banking, so you won't be
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| whatsoever if an attacker succeeds in
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| | paid interest on the metal in your
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| obtaining the user's E-gold account
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| | account.
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| number the user's E-gold password access
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| | E-gold, however, as a matter of
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| to the user's registered email account
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| | incontrovertible fact, is the most
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| (web-based email accounts without a
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| | effective of all online payment systems
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| secure login are especially vulnerable).
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| | in detecting and interdicting abuse of
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| E-gold is also contractually prohibited
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| | its system for child pornography related
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| from freezing E-gold accounts or
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| | payments.
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| releasing E-gold account information in
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| | E-gold has settled over 70M transactions
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| the absence of a court order or subpoena.
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| | and has over 3 million accounts in more
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| E-gold cleared an administrative issue
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| | than 165 countries and has the
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| and as of July 14, 2006, it is properly
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| | credibility of significant tenure, having
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| registered in Nevis. E-gold does maintain
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| | been in operation online for almost 10
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| an "Examiner", a web page with updated
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| | years. While other payment systems have
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| statistics on outstanding liabilities and
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| | come and gone losing millions of
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| the total amount of each precious metal
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| | investment dollars. E-gold is a robust,
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| in its holding.
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| | secure system including its AccSent
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| E-gold runs a non-reversible transaction
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| | program and Secure Random Keyboard that
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| policy, meaning that there is no
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| | combats password theft and unauthorized
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| protection for purchasers if vendors fail
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| | account access. E-gold users can be
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| to supply goods.
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| | assured that their online transactions
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| E-gold is an online currency 100% backed
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| | are private, but those who may wish to
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| by solid gold, at all times in bullions.
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| | hide illicit transactions should know
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| E-gold is integrated into an account
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| | they are not anonymous.
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| based payment system. E-gold is
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| | E-gold is accepted at online bookstores,
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| considered a pioneer in the field of
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| | web hosting and web design companies,
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| alternative currencies. E-gold
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| | many auction sites, travel agencies, and
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| Investments Online is an internet
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| | many other retailers. E-gold s unique
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| representation of an offshore company
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| | features and investigative protocols make
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| registered in Belize. E-gold Investments
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| | it the poorest choice a criminal could
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| Online is the participant of one of such
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| | make.
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| programs.
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| | E-gold attorney Andrew Ittleman said no
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| An E-gold exchanger is someone who
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| | consumer can join the service without
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| exchanges national currencies for
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| | depositing money through other banking
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| e-currencies. There is a charge of a few
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| | institutions. E-gold does not offer
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| cents to make each E-gold "spend" and
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| | authorizing credit cards transactions or
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| E-gold itself now earns well over a
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| | funding you E-gold accounts directly from
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| million USD per year from fees.
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| | credit or debit card. E-gold does not
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| E-gold also operates outside the radar
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| | have any geographic restrictions, so
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| screen of federal regulators and the
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| | anyone can join. E-gold allows multiple
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| world's financial establishment. E-gold
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| | accounts for individuals and does not
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| sells the customer gold, silver,
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| | check your personal data (unless account
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| platinum, or palladium -- whatever the
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| | is blocked).
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| customer chooses -- at a price determined
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| | E-gold can also be used by small
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| by E-gold , which is roughly the going
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| | businesses abroad that don't qualify to
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| spot price for each precious metal.
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| | accept credit cards or don't want to pay
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| E-gold can also be used by small
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| | credit-card company fees of about 3% per
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| businesses abroad that don't qualify to
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| | charge. E-gold 's antigovernment message,
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| accept credit cards or don't want to pay
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| | along with the apparent privacy of E-gold
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| credit-card company fees of about 3% per
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| | , have created some rabid enthusiasts.
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| charge.
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| | E-gold may appeal to those who share the
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| E-gold has struck a chord especially with
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| | company's philosophy about the value of
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| members of libertarian and antigovernment
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| | gold as currency. E-gold appeals to "gold
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| groups E-gold 's antigovernment message,
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| | bugs": people who invest in the precious
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| along with the apparent privacy of E-gold
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| | metal and believe money ought to be
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| , have created some rabid enthusiasts.
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| | anchored to it.
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| E-gold may appeal to those who share the
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| | The bottom line is that E-gold has some
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| company's philosophy about the value of
| |
| | drawbacks, but in my opinion its still
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| gold as currency. E-gold is a major
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| | one of two best online payment processors
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| attraction to "gold bugs": people who
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| | available.
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| invest in the precious metal and believe
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|