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e-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. There are over two million e-gold accounts. About one quarter of those are active.

https://www.e-gold.com/stats.html

As of January 2006, e-gold had 3,376,279 grams of gold in storage, which is worth approximately $61 million. There are typically 50,000 e-gold spends each day, with a total value each day of about $6 million (that is, about 350 kilograms of gold). In comparison, PayPal handles transfers of approximately $60 million per day.

E-gold is a monetary (payments) system which enables the use of gold as money. E-gold has struck a chord especially with members of libertarian and antigovernment groups

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