Paypal Alternative

[itcheroni]

What do you guys think of this way of payment?

www.goldmoney.com

I definitely prefer it but it needs more users. I've posted about where I think the US dollar is going so being able to keep as much of your money in gold is certainly a benefit.

 

[Gray-Wolf]

I would rather stick with pay pal. This seems more for dealing with gold and silver, rather than a transaction to pay a bill.

 

[itcheroni]

I would rather stick with pay pal. This seems more for dealing with gold and silver, rather than a transaction to pay a bill.

It's for transactions with gold and silver. Instead of dealing with dollars, you deal in gold equivalents. The only difference is that when your currency goes down (or up) the amount of gold you own stays the same. And Paypal isn't insured by Lloyds of London.

I think the only snag is most people will have the same reaction as you. The website needs to emphasize how easy it is to use for transactions. Or that it's even one of the main purposes of the site.

 

[SFStateStudent]

Only gold I've got is a Cal class ring and some gold fillings...