Talk:1mdc
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Discussion of small changes made ...
removed this sentence relating to the process of bailing in gold from e-gold to 1mdc ... "The fact that 1mdc passes on e-gold's spend fees when bailing in e-gold into a user's 1mdc account is reasonable to most users, however, some are unpleasantly surprised when they find out since 1mdc makes no mention of the fees anywhere on their web site." ... note that every e-gold spend in the universe inherently contains e-gold's (extremely small) spend fee. For instance, if Bill sends Jane 123.456 grams of gold, Jane actually GETS slightly LESS gold. (A very small amount less.) It is absolutely incorrect that 1mdc "passes on" the spend fee. Nothing is "passed on" and no fee whatsoever is involved. The entire amount of gold RECEIVED BY 1mdc is of course, obviously, credited to the 1mdc user's account. very simply, however much gold is SENT TO 1mdc appears in the 1mdc user's account. (FWIW note that e-gold's spend fees are very small, anyway - this is more of a theoretical discussion.)
