E-gold

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 do not have any of their own bank accounts and transactions have to be done through independent exchange services. Which means another enrollment?

You can use e-gold for person to person payments worldwide, bill payments, payroll systems etc etc.

I am afraid I can only find bad publicity about this one. Page after page of e-gold scams and scam warnings. One person even tried to buy a car for $55,000 but he sent it to six different e-gold accounts, alarm bells should have sounded. My advice with this one is beware.

Author Martin Quinlan: Lincoln England