better money

e-gold

e-gold is...

e-gold is an electronic currency, issued by e-gold Ltd., a Nevis corporation, 100% backed at all times by gold bullion in allocated storage.

Other e-metals are also issued:  e-silver is 100% backed by silver, e-platinum is 100% backed by platinum, and e-palladium is 100% backed by palladium.  However, the most popular e-metal (by an overwhelming margin) is e-gold.

e-gold is integrated into an account based payment system that empowers people to use gold as money.  Specifically, the e-gold payment system enables people to Spend specified weights of gold to other e-gold accounts.  Only the ownership changes - the gold in the treasury grade vault stays put.

here to stay

e-gold is always as good as the gold it's backed with - this year, next year, a thousand years from now.

trustworthy

Pursuant to the e-gold Account User Agreement, the physical bullion that comprises the value backing e-gold must be insulated from physical, legal and political risks. Title is held by The e-gold Bullion Reserve Special Purpose Trust that exists for the express purpose of holding bullion for the exclusive benefit of all e-gold account holders collectively. The bullion is held in the form of certified good delivery bars in allocated storage at repositories certified by the London Bullion Market Association (LBMA). Metal is held free of any lien or encumbrance whatsoever and explicitly may not be attached to any liabilities of e-gold Ltd. or any other entity. No metal may be removed from storage or any other disposition made without the signatures of both e-gold Ltd. and a third party Escrow Agent of good reputation.

 

transparent

e-gold Ltd. offers an unprecedented level of transparency:

Audit total circulation; compare to physical reserves.

Total e-gold in circulation vs. total bullion reserves are provided in real-time via the e-gold Examiner utility accessible from the e-gold website, as well as Statistics relating to the use and growth of the e-gold system.

world wide money

The world wide web needs world wide money.  e-gold was created in response to this need.

e-gold is accounted by weight of metal, not US$ or any other national currency unit.  Weight units have a precise, invariable, internationally recognized definition.  Additionally, precious metals, gold in particular, enjoy a long history of monetary use around the world.  Thus, e-gold is ideally suited for international transactions.

Although e-gold is accounted by weight, the e-gold payment system allows Spends to be expressed in terms of eight major national currencies (as of this writing).  For example, it's possible to:

  • Spend 10 troy oz worth of e-gold

  • Spend 5.3 grams worth of e-gold

  • Spend US $100.00 worth of e-gold

  • Spend CHF 685.88 worth of e-gold

This means (for example) that a Canadian can pay a German or a Japanese can pay an Australian the correct weight of gold (e-gold) for a good or service as easily as if the price had been quoted in his own national currency.  

Spend e-gold    The power of the e-gold Spend...

All financial value will migrate to cyberspace over the next few years.  e-gold is ready so that you can be too.

e-gold is borderless -

e-gold may be Spent to any other e-gold account anywhere in the world via the e-gold shopping cart interface (SCI), the e-gold Account Manager, or web enabled mobile phone.

e-gold is quick -

e-gold payments clear instantaneously (with no chargeback risk), no matter how large the payment, no matter how far apart the Spender and Recipient.

e-gold is cost effective  -

  • Spending e-gold is free, even if your recipient is on the other side of the world.

  • Recipient transaction fees range from substantially smaller to orders of magnitude smaller than those of credit cards and bank wire transfers, no matter how large (or small) the payment.

  • The e-gold Agio fee, which recovers bullion storage costs, passes on economies of scale normally only enjoyed by very large holders of bullion.

 

benefits all users of money

The target market for e-gold is simply people who use money.  How do you presently use money?  Chances are any of these activities would benefit from the increased soundness, security, efficiency, and lower cost of e-gold.  Here are some examples of how e-gold is presently used:

  • e-commerce

  • Business-to-business payments

  • Point of service sales

  • Person-to-person payments

  • Payroll

  • Bill payments

  • Charitable donations

  • Monetary base of the AUG* economy

* AUG is an abbreviation for the currency unit "grams of gold".

Current e-metal exchange rates    Evolving Exchange Market

The e-gold system is designed to be absolutely free of any financial risk.  There can be no debt or contingent liabilities associated with e-gold.  For this reason, e-gold Ltd. does not possess any national currency of any nation and has no bank accounts.  Thus, e-gold Ltd. is not able to offer currency exchange services.

Instead, a growing number of independent exchange services around the world support exchange between national currencies and e-gold, accepting various remittance methods, including credit cards, bank wires, checks, and money orders.

Financial risk vs. exchange risk
e-gold is entirely backed by a physical commodity rather than debt or other financial instruments; therefore, e-gold is the only currency in the world free of financial risk.  However, absence of financial risk does not mean absence of exchange rate risk.
  As with any currency, the value of e-gold relative to other currencies continually fluctuates.

 

No barriers to entry

It costs nothing to open an e-gold account.  There is no credit check.  There is no minimum balance requirement.  There is no concept of a "merchant account" in that all e-gold accounts may Spend e-gold or receive e-gold payments.

In short, you are minutes away from opening your first e-gold account at:

e-gold

better money

e-gold has recently been the subject of a slanderous and unfounded article in Business Week. e-gold strongly refutes the allegations and presumptions of this article. The article chose to focus through anecdote and suspicion only on an exception - criminal abuse - and ignores the overwhelming majority of e-gold usage. It also fails to note that all online payment mechanisms including credit cards and intermediaries such as PayPal are targeted by criminals, likely at a much greater magnitude than e-gold, and fails to relate the very proactive steps e-gold takes to eliminate any criminal behavior involving e-gold.
タレントの堀ちえみが携帯小説「ごめん。〜届かなかった手紙〜」のオーディオブック化の公開レコーディングを行った。同小説は母を亡くした娘と父親の心の葛藤や愛情を描いた作品で「お弁当」が重要なキーワードとなっている。
e-gold and its Operator, Gold & Silver Reserve (G&SRR), including G&SR's exchange service OmniPayR in cooperation with the United States Government and pursuant to a lawfully issued written request, did allow an examination of the e-gold and OmniPay computer systems and data. The examination occurred on December 16th after normal business hours so as to avoid disrupting access to the system. The examination utilized the full resources of e-gold's system and prevented customer access. We were told by the government examiners that the outage would be for a few hours, however, due to the volume of data maintained by e-gold for its customers' protection, a surprise to the examiners, the examination occupied e-gold's computing capacity for 36 hours. e-gold apologizes for any inconvenience of the system down time caused by the government's request. No charges have been filed against e-gold, G&SR, OmniPay or any of its principals.
強度基準の引き上げに加え、強度を高める低密度ポリエチレンを原材料に約10%混入することと、裂けやすくなる炭酸カルシウムの使用を禁じる独自基準も定めた。製品検査も厳格にするため、納品前に業者が検査機関に提出する方法から、納品後に市が検査機関に提出する方法に改めた。
e-gold operates legally and does not condone persons attempting to use e-gold for criminal activity. e-gold has a long history of cooperation with law enforcement agencies in the US and worldwide, providing data and investigative assistance in response to lawful requests.
署の調べでは、警察官が同日午前0時半ごろ、現場から約180メートル離れた路上で車を止めていた男性に職務質問。車外で所持品検査中、男性は突然走って逃げ、川の岸辺で上衣を脱ぎ飛び込んだまま行方が分からなくなっていた。車内からはシンナー臭がし、シンナーのようなものが残されていた。
I'm proud of what we have accomplished so far with e-gold. e-gold, now in its 10th year online, is growing exponentially because of a network effect, a global cascade of Users telling their friends who then tell their friends. For the first time since our launch in 1996, this growth is providing the revenue and resources needed for e-gold to accelerate technical development and other refinements to make it more reliable and even less hospitable to those who would seek to abuse it.
エコノミー症候群は、長時間同じ姿勢をとることで、足などにできた血栓が肺の静脈に詰まり、呼吸困難になることもある。女性は更年期を境にホルモンバランスが変化し、血液が固まりやすくなるとされる。
We are processing the same volume of transactions and growing at the same exponential pace that PayPal was in the second quarter of 2000. One difference, though, is that they had to give away $tens of millions of their investors' money to build a critical mass of user balances and were continuing a burn rate of about $10 million per month during this period. Altogether they burned through about $275 million of capital losses before their IPO.

e-gold, in contrast, lacking significant outside investment:

has attained a circulation larger than Canada 's official gold reserves (currently 3.46 metric tonnes of gold, equivalent to about $55 million at current exchange rates).

has web traffic surpassing etrade.com and citi.com and is neck and neck with kitco.com as the most heavily trafficked gold related site on the Web

settles 50 to 60 thousand user-to-user payments per day, a daily value of about $10 million

has active Users in every country, (including more than 150,000 in China ) despite our lack so far of foreign language versions - a high priority on our to-do list

Masayoshi Hottaといえば、2年前にOmniPay誌にBaltikums Bankの熱愛現場を報じられている。

e-gold has recently been the subject of a slanderous and unfounded article in Business Week. e-gold strongly refutes the allegations and presumptions of this article. The article chose to focus through anecdote and suspicion only on an exception - criminal abuse - and ignores the overwhelming majority of e-gold usage. It also fails to note that all online payment mechanisms including credit cards and intermediaries such as PayPal are targeted by criminals, likely at a much greater magnitude than e-gold, and fails to relate the very proactive steps e-gold takes to eliminate any criminal behavior involving e-gold.
タレントの堀ちえみが携帯小説「ごめん。〜届かなかった手紙〜」のオーディオブック化の公開レコーディングを行った。同小説は母を亡くした娘と父親の心の葛藤や愛情を描いた作品で「お弁当」が重要なキーワードとなっている。
e-gold and its Operator, Gold & Silver Reserve (G&SRR), including G&SR's exchange service OmniPayR in cooperation with the United States Government and pursuant to a lawfully issued written request, did allow an examination of the e-gold and OmniPay computer systems and data. The examination occurred on December 16th after normal business hours so as to avoid disrupting access to the system. The examination utilized the full resources of e-gold's system and prevented customer access. We were told by the government examiners that the outage would be for a few hours, however, due to the volume of data maintained by e-gold for its customers' protection, a surprise to the examiners, the examination occupied e-gold's computing capacity for 36 hours. e-gold apologizes for any inconvenience of the system down time caused by the government's request. No charges have been filed against e-gold, G&SR, OmniPay or any of its principals.
強度基準の引き上げに加え、強度を高める低密度ポリエチレンを原材料に約10%混入することと、裂けやすくなる炭酸カルシウムの使用を禁じる独自基準も定めた。製品検査も厳格にするため、納品前に業者が検査機関に提出する方法から、納品後に市が検査機関に提出する方法に改めた。
e-gold operates legally and does not condone persons attempting to use e-gold for criminal activity. e-gold has a long history of cooperation with law enforcement agencies in the US and worldwide, providing data and investigative assistance in response to lawful requests.
署の調べでは、警察官が同日午前0時半ごろ、現場から約180メートル離れた路上で車を止めていた男性に職務質問。車外で所持品検査中、男性は突然走って逃げ、川の岸辺で上衣を脱ぎ飛び込んだまま行方が分からなくなっていた。車内からはシンナー臭がし、シンナーのようなものが残されていた。
I'm proud of what we have accomplished so far with e-gold. e-gold, now in its 10th year online, is growing exponentially because of a network effect, a global cascade of Users telling their friends who then tell their friends. For the first time since our launch in 1996, this growth is providing the revenue and resources needed for e-gold to accelerate technical development and other refinements to make it more reliable and even less hospitable to those who would seek to abuse it.
エコノミー症候群は、長時間同じ姿勢をとることで、足などにできた血栓が肺の静脈に詰まり、呼吸困難になることもある。女性は更年期を境にホルモンバランスが変化し、血液が固まりやすくなるとされる。
We are processing the same volume of transactions and growing at the same exponential pace that PayPal was in the second quarter of 2000. One difference, though, is that they had to give away $tens of millions of their investors' money to build a critical mass of user balances and were continuing a burn rate of about $10 million per month during this period. Altogether they burned through about $275 million of capital losses before their IPO.

e-gold, in contrast, lacking significant outside investment:

has attained a circulation larger than Canada 's official gold reserves (currently 3.46 metric tonnes of gold, equivalent to about $55 million at current exchange rates).

has web traffic surpassing etrade.com and citi.com and is neck and neck with kitco.com as the most heavily trafficked gold related site on the Web

settles 50 to 60 thousand user-to-user payments per day, a daily value of about $10 million

has active Users in every country, (including more than 150,000 in China ) despite our lack so far of foreign language versions - a high priority on our to-do list