I've looked high and low at all the various ways to pay someone remotely, that is when they aren't conveniently in the same locale/country/state/province/vicinity for you to hand them a check, or when they aren't a big multinational corporation who can afford the tens of thousands of dollars yearly the ATM companies and banks and exchangers etc charge. I've already learned that PayPay Sucks and it's really true that. PayPal can freeze your account, and suddenly all your money has disappeared into their pockets! Not a good business IMO.
So in the end I've decided to go with E-gold. They're a refreshing breath of fresh air in the rotten world of finance as far as I can tell. Their terms of use are reasonable, and their system is excellent. And most importantly, they don't have any control over how much the money they handle is worth. They can't suddenly decide that 10 bars of gold bullion is worth 2 bars of gold bullion after all. Plus gold is a very stable source of investment, immune to all forms of inflation except perhaps gold mining. And most importantly, anyone with an e-gold account, no matter where they are in the world, can send me money. And I can send them money, if I ever have any money.
The way it works apparantly is that when I send money to the e-gold company, Nevis in the West Indies, they use it to buy gold at whatever price gold is for my currency at the time. From then on I have full rights to those shiny yet useless lumps of metal, and can even cash them out if I want to pay the abominable postage required to transport gold securely. Gold is possibly the perfect currency. It's 'rare', it's easy to divide into tiny pieces, and we've found most of the gold we're going to find in the world. So that means if I want to sell something for 10 grams of gold, then 100 years in the future I should be able to purchase something of equal value for 10 grams of gold.
It'd be best if we used a totally worthless unit that couldn't be discovered or manufactured at all. I'm not sure if that's possible though. You'd think one could do it with numbers, but numbers are easy to copy and replicate and manufacture. Perhaps some form of cryptography... but at any rate, unless a cheap way to extract gold from the ocean magically appears, in which case I'll be very happy because that would contradict Thermodynamics, gold should stay a pretty stable form of currency. And e-gold makes the heavy lumps of metal infinitely more convenient, since they handle the gold (for a small fee) and use military grade encryption to ensure that everyone can validate imaginary transactions with that gold. In the end we all cash out, exchange to our native currencies, e-gold goes home with a cut of the money transfer, and everyone's happy!
Hee... be funny if we made an economy whose currency was prime numbers. "I'll trade you an 11 digit prime and a 12 digit prime for your 14 digit prime..."
I shall reiterate, if you enjoy reading this journal and want to help me stay alive, and you're intrigued about this e-gold concept, you can shovel some money into an account of your own by signing up here. Then you can go to my account and send me money. I've rent that's woefully unpaid, and no college fund, and still no job after 2 years, so any grams you can spare would be greatly appreciated; might even save my life near the end of next year, when we're going to lose the house.
If you do, send me a message or I'll send you one so we can find out whether it worked or not! I'm not averse to returning the favor once I'm gainfully employed, but just so you know, I don't go into debt. Period.
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