|
e-gold is a digital gold
currency operated by Gold & Silver Reserve Inc. under e-gold Ltd., and
is a system which allows the instant transfer of gold ownership between
users. e-gold Ltd. is incorporated in Nevis, Lesser Antilles.
According to the company's website, as of September 2006, e-gold had
111,779 oz (3,465,149 grams) of gold and 138,567 oz (4,295,577 grams) of
silver in storage, which is worth approximately US$86 million [1]. There
are typically 66,000 e-gold spends each day totalling 15,000 oz (460
kilograms), which is about US$10.5 million. There are over three million
e-gold accounts of which about one quarter are active
History
e-gold was founded in 1996 by Dr. Douglas Jackson and Barry K. Downey
[3]. Transactions using e-gold have grown dramatically since 2005. The
total amount of gold bars (over three tonnes) in the e-gold system is
approaching the size of the national reserves of smaller countries.
e-gold now generates a substantial income from spend and storage fees —
it costs a few cents to make each e-gold "spend" and e-gold itself now
earns well over a million USD per year from fees.
The number of e-gold accounts (as claimed by e-gold) grew from 1 million
in November 2003 to 3 million on 22 April 2006. That represents a
compound growth rate of approximately 55% per annum. This high growth
rate has been sustained by e-gold almost since inception. [4]
Role in global commerce
Many small businesses in the U.S., Europe and Asia, each with full-time
staff now operate as "digital currency exchangers," doing nothing other
than buying and selling digital gold currency for "fiat currencies," as
gold bugs term the euro, pound, yen and U.S. dollar.
e-gold transactions — a "spend" — are completed electronically, usually
using the web interface, and they always settle by weight of the metal
even if denominated in some other way. A user may send (or "spend") a
tiny amount of gold (a fraction of a gram, ounce or kilogram) to another
user account instantly, anywhere in the world.
EmpireOFwww.com
|
Linkdooni.com
|
3k3ke.com
|
Linkdooni.net
|
AsaDream.us
|
Patoghe Tafrihi
|
Joke
Fa
|
Bia2Best.com
|
Hot
Photos
|
USA-Khafan.com
|
AxeBahal.com
|
MesleYeRoya.com
|
TopSites
| B-B-U.com
|
2NIA.US
|
1-1BX.com
|
Yabande.com
|
4Go10.com
|
Pixest.com
|
Top Jopkes
|
TopSites
| ShaloPal.com
|
Gidoran.com | MMD.Name
|
Musix.info |
3ST.US |
Jigaraki.com |
1000Shab.com |
Eshghy.us | TakAds.com
| GYMA-Project.com
|
Google-Yahoo-MSN-Alexa.com |
Google |
YAHOO ! |
MSN |
Alexa | DocDic.com
|
WWW.A0A.US |
www.UniqueHyips.com |
UniqueHyips.biz |
Shey2nak.com |
|