writes pmetzger@lehman.com (Perry E. Metzger)

...

I can take the pound of gold to MTB down the block and have dollars, yen, or anything else I like, within 15 minutes. I can then take those to buy Big Gulps.

writes hsuutala@fmdmfg2.intel.com (Howard Suutala - ICD)

Yes, as long it was been minted in a recognized form i.e. a gold eagle, a panda, or gold peso. A gob of yellow shinny stuff is just that until it has been assayed, and then it is only as good as the backing or reputation of the assayer.

Isn't that just part of the recognition process, like "is this bill a real one, let me look..." ----------------------------------------------------------------------------- Michael S. Sattler msattler@netcom.com +1 (415) 621-2903 Digital Jungle Software Encrypt now; ask me how. (finger for PGP key) All that is required for evil to triumph is for {wo}men of good will to do nothing.