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To: Chaka who wrote (42739)	12/14/2005 8:48:27 AM
From: maceng2	Read Replies (1) \| Respond to of 116555

Fiat currency is toast. It's just going to take a while for everyone to get used to it... e-gold.com

To: Chaka who wrote (42739)	12/14/2005 4:40:07 PM
From: shades	Respond to of 116555

The mistake you are making is that you are thinking physical gold has to move back and forth Well that is the only way to keep it honest no? If central bankers lie - so can the people that store your gold at goldmoney - the ONLY way to be SAFE right is for me to hand you a chunk of shiny metal molecules - otherwise its all about TRUSTING someone else and not the GOLD in your hand eh? hehe - 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. I made many mistakes in my life - not nearly as many as my coworkers at IBM over in the ecommerce division - they just don't get it Chaka. You have discovered a universal truth about shiny metal backing that all the best scientists and engineers at IBM - some with Phd's - have not been able to figure out. How is that so? We all know LTCM was made up of econ PHd's and they fugged up - but is an econ PHd like a physics PHd or Electrical Engineering PHd or Computer Science PHd? They are not as foolish as those dolts on all those websites I listed that still use visa, mastercard, or paypal - what fools! news.google.com internetretailer.com Shoppers’ reliance on credit cards to pay for online purchases is shrinking A recent report by Forrester Research Inc. focusing on retailers` efforts to build successful loyalty programs also turned up some new data on consumers’ growing use of credit card alternatives in paying for purchases made online. “In addition to debit cards and cash, the use of new online payment methods like PayPal is increasing, creating less reliance on credit cards in the past,” states the report, “Getting Retailers started with a loyalty program.” The report made the point to illustrate that store charge cards don’t always help to foster better customer relationships because they don’t always capture all customer transactions. To show that credit card payments don’t provide a complete view of a customer’s interactions with a retailer, Forrester tapped into its own data from the first quarter to show that while in the previous three months, 79% of consumers reported paying for online purchases with credit cards, the percentage of those who reported using PayPal was up to 43%. 39% of consumers surveyed said they used debit cards to pay for online purchases, while 10% used Bill Me Later. 8% reported using gift cards, while 7% sent a check in the mail, according to Forrester’s data. You have stopped using credit cards, smart cards, debit cards, gift cards, checks, and only use Virtual Gold don't you Chaka - HAHA! So silly. When you show me you can exist and transact without them and only your virtual gold - get back to me.