e-gold

What is e-gold?

e-gold (electronic gold) is a digital gold currency operated by Gold & Silver Reserve Inc. under e-gold Ltd., and is a system which allows the instant transfer of gold ownership between users. (Wikipedia)

History of e-gold

e-gold was founded in 1996 by Dr. Douglas Jackson and Barry K. Downey. Transactions using e-gold have grown dramatically since 2005. The total amount of gold bars (over three tonnes) in the e-gold system is approaching the size of the national reserves of smaller countries. e-gold now generates a substantial income from spend and storage fees ? it costs a few cents to make each e-gold “spend” and e-gold itself now earns well over a million USD per annum from fees.

e-gold Trends

These pictures are about e-gold trend according to Google Trends Labs on June 16, 2006


Bandung city get 2nd rank Check it!

e-gold vs. PayPal

As of May 2006, e-gold had 3,784,689 grams of gold in storage, which is worth approximately US$86 million. There are typically 66,000 e-gold spends each day, with a total value each day of about US$10.5 million (that is, about 460 kilograms of gold). In comparison, PayPal handles transfers of approximately US$60 million per day.


Check it!

We need e-gold exchange service to exchange our e-gold. It’s mean we can buy or sell our e-gold to real money through our local bank. In Indonesia we can use IndoChanger. But you can use your own e-gold exchange services.

Addition Notes

Several important things when we make transaction on Internet:

• Do not use share computer. Use your private computer.
• Please use Mozilla Firefox for more security browsing.
• You can create your e-gold account here.
• You can create your Indochanger account here for Indonesian.

Good Luck…