June 2009 Edition

DGC Magazine

“Paper is poverty....it is only the ghost of money, and not money itself.” - Thomas Jefferson 1788

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8 § DGC Magazine June 2009 Issue

IntervIew:CoMMerCe GolD

gold

com

Th   ete tevew wth rbet, the cet  Cmmece g (c-.cm)

What is you position at Commc Gold?

fe  M dect, wth vew t et thechmhp ce i h the e t  peCEo   cpe  e.

Whn did c-gold opn it's doos?

Ofcially on 4 July, 2007.

Can I buy physical gold fom Commc?

nt ect, . We 't b, e  exche th.o jb  t ee ece te  the   tpve the c-.cm ptm. Eveth ee  p tmecht  e.

Is c-gold considd a Digital Gold Cuncy? Ath digital units 100% backd by gold?

n, i 't ce t  cec,  mch  i ee t ct . Tht me tht we 't ce t tt  meth bcke b , bt te  t expe  the ct .Th, the mt    te  t  tme exctthe mt expee t,   w.

Are all transactions nal and not reversible?

Yes. In fact, our proprietary system specically has no

ct  eve, cce,  eet tct.n c we mke  che  ctme cct,eete cct, etc.

Our own support staff and even the compliance ofcer

hve "e-" cce  thee   "et" ct.Th  t ptect ctme t ,  tmee tk t hte  h   t the he.

Fo ach tansaction, snding digital gold fom onaccount to anoth, th is a small tansaction

fee. Who pays that fee the sender or the receiver?

The ecpet.

Do you still vault gold at a location in Penang,

Malaysia?

it  te b  pvte ctct  Pe, M,e.

Why did you cat Commc Gold?

i hve w bee  beeve -  evet ppte -  the e- tem. i ct,  ht  mbee wee   ve, ve  tme the tmecht tht t ccepte e- pmet, becewe beeve  the tem. le m the mtke ptt tethe  ptm  e  the ctew the c ext tep, whe amec-cetc eevce h tve the ee.o ce, thee w  the e tht  cmc  epc ppt w w ce,  thtm  ce, hpp pepe w   cce, ech   w t peeve whteve weththe h et -  hve  w t e tht weth  cmmece.

What advantages does C-gold offer clients over conventional banking or credit cards?

gve tht  tet mket e p--cm eve-p t, c-  tpc the mt ebe (eet t ) tetve  mecht wh wt t be the mt mpe b    c bk the ct.ftheme, the ct   c- (e-t-e) etpc we th  tet bk we, ete the p t  pet ct   cetc mecht cct  the cte whee emecht c ct et them. s, c-  chepe,

easier to implement, and much faster than any ofine or

tt evce tetve.

What are the three top benets to having a c-gold

account?

1. Chepe th Bk.2. Qcke / Ee th Bk3. se th Bk.a tht e't eve cct  the ct tht ee't ee mtpe cec cct, e't ee

to fear ination, and that c-gold can't ever have a liquidity

pbem.

What is th smallst amount of digital gold that Icould snd to anoth us?

0.0004

As a consum, buying and slling mchandisonlin, what can c-gold do fo m?

We c pve the ptm t e  eceve  pmet   qck, ece  cveet me.

Is th an diffnc btwn a psonal c-goldaccount and a c-gold mchant account?

No. Any veried user account can be used as a merchant

DGC Magazine June 2009 Issue § 9

cct.

If I wantd to sll poducts fom my wb and add

a 'Pay me with c-gold' button for each item is that

possibl?

ye. Tht c be e e  the Cck-t-P urltem.

Dos c-gold off a shopping cat o catintgation?

o "cck-t-p" tece c be tete thpp ct.

As an onlin mchant, how long would it tak fo mto add c-gold as a paymnt mthod to my wb sit?

depe   c bte  the e  pct  evce  e e, mbe 5-10mte.

How much can a c-gold merchant expect to save infees over using a credit card merchant account?

Well, rstly there are no up front costs, and no complicated

c eqemet. The thee  the ct tht  ee 1% tp t t 0.05  bt $1.50 t cet te.Tht me tht ce  tct excee 5.00  $150.00 the ee w w em the me 0.05Cmpe tht t the 3 - 12% che b cet cpce  the e pve,  ' ve tet tw th, bt mt pbb mch me.

e-gold was on of th most succssful opationsin th past dcad. Thi wb sit offd a ton of statistics lik amount of gold gams on dposit,

number of transactions, velocity of spends and

mo. Dos c-gold off simila stats?(c-gold Statistics)

http://c-.cm/tt.phphw the ctvte the t 24 h,  we  tt mbe  cct,ctve cct,  te, etc.

(c-gold Holdings)

http://c-.cm/h.phphw the ct embe    hmke b  te. c-

is the rst and only to actually do that, and we can supply

the pche ecept  ech  them. o  e, theM te pve h t ct cct  the   the te  et t the Mtx eptmet.

(c-gold exchang rats)

http://c-.cm/exche.phphw the pce  

grams in a number of local at currencies

https://c-gold.comappas to b you main wb sitaddss. What is th domainhttps://c-goldpay.com/?