Does eGold really pay you in gold?
The website says so.
If I walked into a bank with gold. Could they exchange it.

i think you are taking the site too literally.. as its all internet based money (not real money)

Credit cards are widely used for online transactions. If you dont have an international credit or debit card then you have E-gold as a payment option. E-gold is available for payments in more than 165 countries. Its easy to install and cost effective.

e-gold is backed by gold.
do you know pegging currency system ?

Say China Yuan, Ringgit Malaysia, Dinar Bahrain ...
They all have the rate steady because they are pegg-ed to US Dollar.

Nah .. the e-gold is pegged to the "real" gold.
So
It is backed by real Gold
and you can redeemed your account with real gold.

This is a safe currency as it is backed by gold.
even i think, USD is not backed by gold.
so the value of US Dollar is "political value" not the "real" money value.

E-gold works, and I like it

macgyver,

Can you explaint the concept better?
We already had dozens of customers asking for e-Gold, however I never took the time to learn more about it.

So basically how do you get your payments?

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If it works like Paypal, you can transfer your "online" money to an actual bank account.
I'll still try to look for an article on how it works...

Yeah it's like PayPal, but you can keep the money in the account.

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