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Topic: Digital gold currencies

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	Gold in the Information Age
		Gold can lie on the bottom of the ocean in salt water for centuries, and still look as beautiful as the day it was mined or minted when it is salvaged.
		While gold may seem hopelessly anachronistic to some, it really is almost certainly destined to once again become the money of choice in the near future, dethroning the national paper currencies that have held sway in the last century.
		Private digital gold currency companies will also have to have very strong internal controls and transparent independent external audits to convince people that their particular digital gold is 100% backed with real physical gold locked in secure vaults around the world.
	www.zealllc.com /2002/digigold.htm (4225 words)

	Digital gold currency - Wikipedia, the free encyclopedia
		The typical unit of account for such currency is the gold gram or the troy ounce, although other units such as the gold dinar are sometimes used.
		Digital gold currency is a form of commodity money as deposits are stored in gold units rather than fiat currency.
		Certain DGC providers, like Crowne Gold, do not disclose the amount of bullion stored or allow independent external bullion audits, raising concerns that such companies do not maintain a 100% reserve ratio, or their currency is entirely virtual and not backed by physical gold at all.
	en.wikipedia.org /wiki/Digital_gold_currency (862 words)

	Digital Gold — rayservers.com 1-888-265-5009 (Site not responding. Last check: )
		All of the digital currencies allow users with a sufficiently large balance to account for one bar in storage to unbail or receive physical gold from storage and also to bail in physical metal and receive the corresponding weight of metal added to their account.
		E-gold is the oldest and most active DGC. According to their live stats page, as of 12th August 2005 they hold approximately 2.61 metric tonnes of gold, have over one million funded accounts and have the biggest market penetration among merchants and end users.
		The velocity of money, which is the rate at which the gold changes ownership, is very high, with between 10 and 35% of the digital gold changing hands every day, thus handling about USD 1 billion in transactions every year at todays (artificially low) gold prices.
	rayservers.com /new/blog/digital-gold (1324 words)

	DIGITAL GOLD CURRENCIES digital
		Contents Providers Digital gold currencies are issued by a number of providers, each of which provides system that enables users can pay each other in units that hold the same value as.
		Digital Currencies link together financial institutions and markets across the globe in a way that allows instantaneous value transfers with a mere fraction of the cost associated with traditional bank wires and credit cards.
		As with any digital gold currency, the main focus is keeping assets away from fiat currencies so as to avoid inflationary risks associated with such currencies.
	digilander.libero.it /a_digital/Digital_gold_currencies.html (800 words)

	Understanding Digital Gold, E-gold, Digital Gold Currencies and Gold Debit Cards.
		Digital gold funded debit cards are debit cards that are backed up by digital gold or that can be funded by e-gold or an e-gold provider.
		When you spend digital gold from your account to the account of someone else, ownership of the gold changes, without the physical bars having to be moved.
		Gold debit cards give you a very convenient way to convert or redeem your digital gold into real money (cash) by means of debit cards that are accepted worldwide.
	www.debit-card-guide.com /goldbk_debit_card.htm (2277 words)

	Investing in Online Business
		This is the first and the largest digital gold currency that I am aware of.
		They are formed in the U.S. and their physical currency is backed by silver, or is silver itself but their certificates and coins are labelled in U.S. currency in order to avoid confusion and make them pratical.
		I know someone who asked their support team if they really were backed by gold and their response was that they are "backed by both gold and hard currency which are both held in the various payment services and also by other assets held by GDT" (Global Digital Transfers).
	www.investonline.biz /ecurrencies.php (2379 words)

	Digital Gold
		There are a number of 'digitized gold' organizations, but clients are advised to conduct business only through companies that are 100% backed by physical gold bullion.
		Digital Gold Currency is a tool that allows people to use gold as money over the Internet, personal data assistants (PDA's) and cellular phones.
		As of March 2002, there are now seven Digital Gold Currencies in the world that allow people to use gold to buy, sell, and trade goods and services on an international scale in a matter of seconds.
	www.imts-inc.net /digitalgold.html (893 words)

	The Gold News - The World Of Online Money :: Digital Gold: A Personal Gold Standard
		Digital gold currency (DGC) represents physical metal stored on behalf of account holders in treasury grade bullion storage vaults that are regularly validated by external auditors.
		As of January 2006, digital gold currency providers held in excess of 8.6 tons of gold as reserves, which is worth approximately $154 million.
		Digital currencies backed by gold are the most popular, although e-Gold and e-Bullion also provide digital currency backed by silver, while GoldMoney and Crowne Gold also provide storage in silver.
	www.the-gold-news.net /?p=55 (1352 words)

	Digital Currencies : e-gold, e-bullion, Pecunix, c-gold and Liberty Reserve
		Basically all digital currencies are in fact “online payment systems” allowing you to transfer instantaneously some value to an individual or a company located anywhere in the world.
		Although digital metal currencies are accounted by weight, their payment system allows a value transfer to be expressed in terms of different national currencies.
		However carrying gold in not practical as a form of payment, but thanks to internet and digital gold currencies that brought us the possibility exchange tiny amount of gold for a tiny fee.
	www.getemoney.com /egold_ebullion_pecunix_cgold_liberty_reserve.aspx (708 words)

	History about e-currencies (Site not responding. Last check: )
		With DGCs you normally have to go though an exchanger because what you are doing is exchanging your national currency for gold.
		E-Gold This is the first and the largest digital gold currency that we are aware of.
		They product no evidence of gold holdings in vaults anywhere and this leads to the belief that they are not backed by gold.
	www.investbox.com /hyips/ecurrency.php (1455 words)

	Digital Currencies Index: e-Gold, Gold-Grams, Standard Dollars, Standard Gold, e-Bullion, & Hansa Dollars
		The foundational currencies to the Gold Economy are 100% backed by gold bars held in secure vaults in locations around the world, such as London, Zurich, and Dubai.
		Should any holder of a gold digital currency require their equivalent value of gold holdings, they are redeemable in actual gold bars or can be converted to national currencies by exchange agents.
		Issuers are operators of digital currencies that issue value to customers and provide an accounting interface online for holders of the currency to record their own purchases of currency, spending of that currency to others, receipt of currency from others and for recoding fee payments to the currency operator.
	www.escapeartist.com /Digital_Currencies/Digital_Currencies4.html (1484 words)

	DigitalMonetary.com -A Resource Guide to Digital Money
		Technically electronic or digital money is a representation, or a system of debits and credits, used (but not limited to this) to exchange value, within another system, or itself as a stand alone system, online or offline.
		Many systems will sell their electronic currency directly to the end user, such as Paypal or e-Bullion, but other systems, such as e-gold, sell only through third party digital gold currency exchangers, like OmniPay, IceGold or Goldtotem who service orders manually, or automated websites.
		The main focuses of digital cash development are 1) being able to use it through a wider range of hardware such as secured credit cards; and 2) linked bank accounts that would generally be used over an internet means, for exchange with a secure micropayment system such as in large corporations (PayPal).
	www.digitalmonetary.com (1128 words)

	The Private Gold Trader - In Aurum Veritas est!
		Gold’s importance in world markets and responsiveness to world events make gold bullion, futures and options an important risk management tool for commercial interests as well as a speculative medium for investors and traders.
		Because it is a clear proof of the general growth of the digital gold currencies.
		Offshore Banking, or better DKYC-Banking As digital gold currencies are still in their infancies you need to have a reliable and trustworthy interface to the traditional brick and mortar finance world.
	privategoldtrader.com (1021 words)

	DGC's-Explained! All about e-gold, pecunix, goldmoney
		Digital Gold has existed since 1996 and is now sufficiently mature that we can recommend it as part of an overall PT banking strategy.
		For advanced users who would like to combine the digital gold world with traditional offshore banking services there is a bank called First Digital International Bank (www.1stdigibank.com) which piggy-backs on the e-gold and goldmoney system.
		At present Digital Gold is a relatively free economy, small enough to be unregulated.
	privacy.li /digital-gold.html (4144 words)

	GoldMoney
		Their objective is to ensure that the new and rapidly growing payment process made possible by digital gold currencies is not adversely affected by firms that do not meet the standards for governance and customer protections that have been established by the patent owners.
		As the inventor of digital gold currency, GoldMoney is setting the global standard for instantaneous, 24/7 non- repudiable payments.
		GoldMoney is digital gold currency - gold in digital form that can be spent and transferred electronically.
	goldmoney.com /en/company-news/2001-11-05.html (453 words)

	The Gold Casino: Press Release 06/17/2003 (Site not responding. Last check: )
		At the same time, shares in The Gold Casino, trading under the symbol 'TGC' on the new exchange, have been offered to the public, with the first dividend to be paid on July 1st, 2003.
		The Gold Casino (http://www.thegoldcasino.com), founded in 2000, is the only online casino offering genuinely instant payouts to players, through its exclusive focus on digital gold currencies.
		The Gold Casino is hosted from the island nation of Sealand (http://www.sealandgov.com)and its shares trade under the symbol 'TGC' on DBourse (https://www.dbourse.com).
	www.thegoldcasino.com /docs/pr20030617.html (390 words)

	Digital gold currency exchanger [Archive] - KingofDollars
		Digital gold currency exchangers (DGCEs or digital gold currency exchange providers) are market makers which buy and sell digital gold currency in exchange for fiat currency and a transaction fee.
		Some DGC accounts, such as e-gold, do not provide an in-house service to purchase their private currency so it is necessary to use a third-party digital gold currency exchanger.
		Gold Age's fees for exchanging fiat currency into digital gold currency range from 4 percent to 1.75 percent, depending on the amount exchanged and if the client is an Inner Circle Member.
	www.kingofdollars.com /archive/index.php?t-315.html (1419 words)

	American Chronicle \| The Top Of The Pyramid Is Digital Gold Currency
		Money in DGC accounts is not pegged to any world currency and it is in fact pure gold which is considered safe from all previous manners of inflation, deflation and ‘regime change’ which is a phrase that has recently become popular with the media.
		DGC companies are privately owned and almost all are domiciled outside of the US (except e-gold’s servers and business offices are in Florida) Restrictions on usage and regulations for DGC payments are less than their US counterparts listed lower on the currency pyramid.
		Gold is such a universally recognized and accepted way to do business around the globe, Digital Gold Currency is a natural for Internet commerce.
	www.americanchronicle.com /articles/14776 (1741 words)

	Digital Gold’s Top Man, An Interview With Mr. James Turk of GoldMoney \| The News is NowPublic.com
		The article praised GoldMoney and the use of digital gold currency but to my surprise, around the last sentence in the article, it said something to the effect that GoldMoney was very popular way to purchase gold online but had not picked up many retail merchants in the past years.
		Gold is money, but about 100 years ago we stopped using it as currency.
		Gold was not as efficient as other forms of currency, so gold-substitutes became predominant.
	www.nowpublic.com /digital_gold_s_top_man_an_interview_with_mr_james_turk_of_goldmoney (2749 words)

	Digital Currencies: e-Gold, Gold-Grams, Standard Dollars, Standard Gold, e-Bullion, & Hansa Dollars
		Digital Currencies link together financial institutions and markets across the globe in a way that allows instantaneous value transfers with a mere fraction of the cost associated with traditional bank wires and credit cards.
		So, Digital Currencies are able to provide privacy to their customers, and still be able to guarantee that they are not being used for money laundering.
		Furthermore, all of the Digital Currencies in business at this time are firmly committed to discouraging crime and money laundering, while at the same time protecting the privacy of their account holders.
	www.escapeartist.com /Digital_Currencies/Digital_Currencies1.html (1363 words)

	Black Market Gold News
		Gold currencies will be adopted [by medium to large -sized non-flmarket businesses] because they [gold currencies] are the most efficient way to get a very important job done[:] They transmit value through time and space at a lower cost in time and money than any other method.
		The reason [g]old [c]urrencies can do [fiat paper currency] [to] [fiat paper currency] exchanges more efficiently [and more cost effectively] is that you pay a 2% premium to [obtain] gold currency, BUT, you can [exchange the gold currency for any paper currency at the 'gold spot price'].
		So the exchange spread on [a] gold currency [to] [fiat paper] [exchange] is effectively half the [exchange] spread on [a] [direct] [fiat] paper to [fiat] paper [exchange].
	www.blackmarketgold.com /2002_11_01_news_archive.html (1969 words)

	London Gold Exchange - Buy, Sell and Convert c-gold, e-gold, Liberty Reserve, Pecunix, Web Money and e-Bullion
		The London Gold Exchange is the World’s largest and most established trader of Digital Gold and Silver (also known as e-currency, Digital Currency or e-money).
		We are a licensed and accredited Digital Gold and Silver Exchange Provider (or Market Maker).
		We focus only on Digital Gold, Digital Silver and Digital Currency and can offer you an unrivalled experience.
	www.londongoldexchange.com (278 words)

	My what nots » Digital gold currencies getting popular
		E-gold is part of the digital gold currencies, considered a recognized electronic money denominated in gold weight and are issued by a number of companies. E-gold is popular because it has the greatest number of users.
		And exactly why it is popular is because unlike fractional-reserve banking, digital gold currencies such as e-gold hold 100% of clients’ funds in reserves with a store of value and such deposits are said to be protected against inflation, devaluation and other possible economic risks inherent in fiat currencies.
		And something else that is interesting is that it is also theoretically much harder for governments and/or creditors to seize or confiscate digital gold currency from someone, as most DGC companies are incorporated in offshore financial centres.
	www.mywhatnots.com /2007/08/28/digital-gold-currencies-getting-popular (230 words)

	HYIP.ORG - Why Digital Gold? (Site not responding. Last check: )
		Gold Backed Currencies (GBC) or Digital Gold Currencies (DGC) are a lot easier and safer to trade than physical Gold.
		In fact, DGC's offer the best of both worlds, as they can be bought, sold or exchanged in any quantity from any computer connected to the Internet, any time, anywhere in the world.
		Safety of the DGC is not an issue to the individual investor, as the Gold bars backing your gold are kept in vaults for you.
	www.hyip.org /article32.html (1428 words)

	Gold & Silver Accepted Here
		You may think that honest-to-goodness currency demand for gold and silver is non-existent in the US and that this will remain so until the legal tender laws are repealed (as currently proposed by Representative Ron Paul’s dual HR 42756 and HR 4683 approach) - but that is not necessarily true.
		It may well be the case that such currencies are given the same tax treatment as other physical, nationally issued currencies of foreign countries, which means in effect that any gains or losses stemmming from fluctuations of the deollar against such currencies are treated as ordinary income gains or losses and are taxed as such.
		Goldmoney, Pecunix, and eBullion are examples of digital PM currencies that may fall into this category because their official seats or registered offices are located offshore.
	www.gold-eagle.com /editorials_08/wallenwein022708.html (2584 words)

	Michael Moore's Storefront - Lulu.com (Site not responding. Last check: )
		As well as being a prolific author, Michael Moore has operated as an exchange provider in the digital currency and gold industry for a number of years.
		He has written several articles and books on a range of topics including fraud and the development of the digital currency market.
		He was also one of the prime founders of an association of exchange providers and has been a past Vice President of the Global Digital Currency Association inc. Michael also administers a philosophical association and publishes a quarterly philosophical journal Michael is married with one child and lives in Melbourne, Australia.
	www.lulu.com /goldcenturypress (528 words)

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