> ops, looks like somebody beat us to the punch:
>
> US patent 5983207: Electronic cash eliminating payment risk
> Inventors: James J. Turk, Geoffrey Turk
> Issued: Nov. 9, 1999
>
> > A system and method to allow gold to circulate as digital cash through
> > the global computer network (Internet) and/or private communication
> BTW, hope the e-gold guys are aware of US5671364, by the same guy:
Chances are this is the same James Turk who publishes the Freemarket
Gold and Money Report, available at www.fgmr.com. He's an international
expert on gold and precious metals. This patent sounds like it would
be the kind of thing he'd come up with.
His financial newsletter is $220 a year, a typical amount for such
publications. Ironically, he doesn't say anything about accepting
e-gold for payment. Someone should clue him in on what he's missing.
The e-gold marketing guys need to get on the ball, if they can't even
get the inventor of their business model to use their service.
