Edited to add:
Just found this by searching google.
e-gold
QUOTE
e-gold is an electronic currency, issued by e-gold Ltd., a Nevis corporation, 100% backed at all times by gold bullion in allocated storage.
the physical bullion that comprises the value backing e-gold must be insulated from physical, legal and political risks.
the physical bullion that comprises the value backing e-gold must be insulated from physical, legal and political risks.
This is the future???
