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DGC Magazine February 2009 Issue § 15
INTERVIEWCan you please tell our readers you full name andyour position with Gold-Pay.com ?
James Sinclair, Marketing Manager 
What is Gold-Pay.com ?
 
Gold-Pay is a 100% gold backed e-currency
Are all transactons nal?
All transactions are nal. However, Gold-Pay will notknowingly permit transfers of criminal activities.
Where are you located and where are your servers?
Operations are conducted in Costa Rica and thisincludes our customer service and servers. We dohave other back-up server locations.
How did you get started in the digital goldbusiness?
The founders of the company had considerableexperience in processing for other online industriesand they saw a need for a gold backed currency thatcould be directly funded. My own experience is inmarketing and I am very excited to be onboard withthis group. There is going to be very rapid growth thisyear and it will be very challenging.
Rght now, we understand your company s just enterng the market, how many exchange
agents do you have which can provide nationalcurrency to Gold-Pay exchanges?
Currently, Gold-Pay has 4 exchangers with the listgrowing everyday.
How many Gold-Pay merchants are now onboard accepting your new DGC?
We are just developing our list of merchants and wewill be adding many in the very near future. Gold-Payis going to be able to make inroads into industries suchas online gaming that none of the other currencies inthis industry have to this point.
Do you have a target market of users your company will be soliciting?
The target market for Gold-Pay is any individual or industry that is not well suited for traditional fundingmethods such as Visa and Mastercard. This would beall the people in the world who don’t use credit cards,who do not have bank accounts and those peoplewho prefer the safety of using gold to conducttransactions and the industries that market to theseindividuals.
The domain Gold-Pay.com was active back inall of 2004 and early 2005 did you operate thebusiness at that time?
Actually, we were not aware of the domain namesprior use and nobody with Gold-Pay has any afliationwith the prior users of the domain.
So you purchased the system or the domainand added your own system?
We purchased the domain name and built our ownsystem.
Why is it important to have a gold basedpayment system? Why not just use dollars andaccept credit cards?
As we are now seeing in the United States, with themassive printing of money by the Federal Reserve,that dollars are not a good store of value becausethey can be devalued at will by the government. Thisis true not only of dollars but any at currency. Goldis what the world is going to be using for currencyin the future. In 1972 if you had 1 oz. of gold and itsequivalent at that time, $35, and put both in a box for storage, what would they be worth now? When youopened the box you would still have 1 oz of gold and$35 but now the $35 does not buy nearly as muchas it did in 1972 whereas the gold has maintained itsvalue and is now worth about $1000.
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