What is e-gold? According to e-gold.com:
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.
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.
Interesting. Many sites recommend using it to exchange money, to spend or receive money online … there is also e-gold® Account Referral Incentive Program, which enables people to get money when the others sign up from their referral numbers.
I also signed up just now, and I will see what I would be able to do with this … nice way to get the money in “electronic” way.
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