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