Is e-gold a worldwide currency?
Yes. Gold is already an international currency. What e-gold does it take that one step further and makes this international currency usable over the Internet. The number of e-gold accounts is growing by 20% month on month and more and more merchants are accepting e-gold. Today, there are over 500,000 e-gold account members.
You can use e-gold to send money to friends and family in a safe, quick and inexpensive environment. Moreover e-gold is 100% anonymous!
How does e-gold work?
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 gold to be expressed in terms of eight major national currencies (as of this writing). For example:
10 troy oz worth of e-gold
5.3 grams worth of e-gold US $100.00 worth of e-gold
CHF 685.88 worth of e-gold
How confidential is e-gold?
Very. When you use a cheque or a credit card a paper trail is left. Your cheque or credit card payment can be traced as leaving your account and crediting the other party. Once you know the other party, it is not difficult to track what exactly you purchased.
Your e-gold account is confidential. As e-gold accounts are assigned numbers and not names and the account can be used to purchase a range of goods and services from one anonymous e-gold account to another anonymous e-gold account, transactions do not leave a paper trail. For example, once you fund your e-gold account (which you can even do in cash), you can order an offshore bank account from us. All that is shown is an outflow from your e-gold account, which could represent anything, such as the buying of books, domain names, or even a family payment. You ar
e never connected to the purchase of an offshore bank account. 🙂
How quick are e-gold transactions?
e-gold payments clear instantaneously, no matter how large the payment, no matter how far apart the Spender and Recipient. Once your account is initially authenticated you eliminate the need to authenticate each and every transaction as is the case with a credit card. E-gold speeds transactions up and benefits both customers and merchants.
“…easy access offshore banking and asset protection”
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