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To: shades who wrote (42670)	12/13/2005 3:22:54 AM
From: 8bits	Read Replies (1) \| Respond to of 116555

"A visa card is money too" Is it when it has expired or cancelled...? Not it is not, it is similar to a check, ie an iou or promise to pay. In fact a Visa is an iou (cardholder) on top of an iou (Visa) on top of an iou (Merchant Bank) on top of an iou (US Currency). It works until it doesn't, IT is one reason consumerism has grown so dramatically. Basically a way to easily facillitate the transfer of money, but it is not money in and of itself. The majority of the world's population in the last century experienced rapid devaluation of their currency. The US experienced slow depreciation (About 95% in 80 years..) I think it is prudent to keep some gold around. I of course still have a credit card. Does SI Bob or Raja accept cash..? Probably not that either. Credit/Debit cards expedite transfer of capital. It works as long as the "Full faith of government" holds. It is becoming increasing apparent that the faith in the US Government in terms of not printing money, isn't holding...it's just a slow process... slower than your hair growing... but it is happening. When the US was on the gold standard, people accepted checks and cash much more often than physical gold was still available to individuals until 1933 and to countries until 1971. Not it's just a promise to pay. Groovy. Gold is not only money, it is also insurance. The difference between gold insurance is that the policy doesn't expire with gold.

To: shades who wrote (42670)	12/14/2005 8:19:41 AM
From: Chaka	Read Replies (2) \| Respond to of 116555

Now with a straight face make me believe that tomorrow, Ebay, TicketMaster, Amazon, Fedex, etc etc - pick any other of a million websites that do stupendous numbers of transactions every single day - can exist with shiny metal chunks going back and forth over lines on a map - stop being silly. That is General Chens job - hehe. No need to wait for tomorrow. This is available today at goldmoney.com * Buy and accumulate gold * Pay for an online purchase * Send money to your family or friends * Buy an auction item with goldgrams * Pay for a consulting contract or other business expenses The mistake you are making is that you are thinking physical gold has to move back and forth - as long as somebody such as goldmoney.com is willing to translate gold into any currency of the choice of the buyer, electronic transactions can go on just as today.