[dgc.chat] Micropayments and the incentive program at

[Jay W.]

e-gold
Reply-To: <dgcchat at lists.goldmoney.com>

> I realize you have explained this at least 10 times, every time it
> comes up every few months, but I alwasy forget and like hearing it
> over and over :-)

then hopefully this post is a paroxysm of joy for you JP! ;) :

the deduction of the e-gold spend fee is not included in velocity 
numbers.
the distribution of any incentive payments per
http://www.e-gold.com/unsecure/incentive.htm
is not included in velocity numbers. the *only* thing counting as a 
"spend"
in "e-metal spends" is an e-metal spend (aka payment) from one account 
to
another initiated by a user doing one of:
a) manually signing into his account and performing a "Spend"
b) checking out at a merchant using e-gold SCI
c) using phone access to make a spend
d) using a program and the e-gold Automation Interface to make a spend

those velocity numbers are totals for the amounts users are spending
to other users. they do not include any other thing like fees, storage
charges, or incentive payments.

http://stats.e-gold.com

possibly the most informative, accurate and timely economic statistics
on earth - possibly the universe!! ;)







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