1MDC

Apr 26, 2007 at 17:21 o\clock

What Is 1MDC.com?

by: 1mdc   Keywords: MDC

Developed around 2001, 1MDC® is a digital gold currency which uses other digital gold currency as its backing. 1MDC® is now the world’s second busiest digital gold currency. It is second only to e-gold® as they have more spends per day! Read on and you’ll find out why!

1MDC® issues digital units just like all other digital currencies and they can be bought or sold through agents, or transferred back to the 1MDC.com web site as known as the ‘parent company’. Please notice the highlighted word is transferred not sold. We use “transferred” back to the parent company not ‘bought or sold’ because 1MDC® (the parent company) does not buy or sell their units, they exchange them for other digital gold units. (e-gold or Pecunix) If you understand a gram of gold, is a gram of gold, is a gram of gold no matter what name it carries.

1MDC® is an amazing and simple concept which was created by our friend JP May, basically the Albert Einstein of digital money and programming. JP, who owns and operates Interesting Software, Ltd. , says, “Interesting Software, Ltd developed the 1MDC® software.” He is a man of few words.

Just like other digital gold currency, all 1MDC® transactions are non reversible and final. Plus 1MDC® has the absolute easiest and one of the most secure online client interfaces on the Internet.

Quoting Wikipedia, “To open an account, 1MDC® only requires the user to have a functioning e-mail address, an e-gold account, a password, initials and a PIN. It is virtually anonymous.” The servers, data, and all information is ALWAYS keep outside the US usually on some remote Caribbean island.

The biggest difference between 1MDC® and all other digital currency including digital gold currency, is one single issue. Never under any circumstances, does cash, funds or any type of monetary currency ever change hands with the parent company.

A 1MDC® unit is issued when the company receives on deposit another digital gold currency unit including e-gold® or Pecunix®. 1MDC® is 100% backed by e-gold units. 1MDC® accounts are ALL backed by just the one currency e-gold, but for added convenience they have also incorporated into their deposit and withdrawal process Pecunix®.

The operation of a 1MDC® account has absolutely nothing to do with banking or risk. When an account holder deposits 1MDC® to their account, those gold grams are never used for any additional purpose. A user’s gold grams, cannot be loaned out, invested or spent to any other program while they are on deposit in a safe and totally offshore 1MDC® account. All the deposited e-gold® grams are always held on account and readily available for client use. Exactly as e-gold® does when it stores gold bars, 1MDC® stores e-gold® grams. So remember if you want to turn cash type funds into 1MDC®, you have to use an independent exchange provider, but to fill your 1MDC® account you deposit e-gold® or Pecunix®. It is simple, instant and very easy to use.

1MDC® also provides several easy to use shopping cart interfaces and ‘buy it with 1MDC’ button type payment links plus a new PayMAIL® link which allows you to include in any email a ‘payment request’ — just click here.