Re: Regulations re Potential Xanadu microTransaction Currencies

["Mark S. Miller" <markm@xxxxxxxxxx>]

At 10:23 PM 1/31/2002 Thursday, Andrew Pam wrote:
>On Thu, Jan 31, 2002 at 11:21:31PM -0600, Jeff Rush wrote:
>> This is an excerpt of an email I received regarding the e-gold
>> exchange system.  It is interesting that all of the relevant
>> U.S. regulatory agencies have declined to regular -private
>> currency-.  Surprisingly so.  I mean, not even sales tax on
>> reading a xanadu document? ;-)
>
>Yes.  This is one reason why I have been advocating e-gold as a suitable
>micropayment currency for Xanadu.  Note also that the resolution of
>denomination of their units of exchange, down to a fraction of a gram of
>silver, is smaller than most of the alternatives and suits our model well.

My two grams: e-gold is good.  It's well thought out on a number of 
dimensions, especially instant settlement.


        Cheers,
        --MarkM