About iGolder

iGolder is private club providing a website to its members for exchanging electronic gold with each other.  To facilitate private gold exchanges, iGolder offers to its members the option to be listed in our public directory and disclose their feedback reputation scores.

 

iGolder is strategically, technically and financially independent of any bank, government or corporation.  The iGolder platform was entirely built and financed by the personal savings of the founders who are professional software developers. They have no outside investors and no debt.

 

iGolder Ltd a duly registered company in the Republic of Belize.

 

Our Story

We were unable to find an online payment system with the security features we were looking for, so we decided to create our own.  The iGolder platform is designed for individuals living in third-world countries where it is extremely difficult to obtain a merchant account.  Also, our low transfer fees enable our members to receive international micropayments in gold.

 

Our Vision

To build a network to allow individuals to physically own gold, and to exchange their gold world wide.

 

Our Mission

To foster international trade to further expand the division of labor.

 

Our Plan

To provide tools to make online transactions safe and easy.

 

Our Objective

To have the largest network of independent exchangers. The iGolder network exists to help you find the best exchanger capable of carrying your type of transaction at all times.  The more independent exchangers are available, the more choice you have, and the higher the probability of finding an exchanger near your residence who is willing to exchange gold with your local currency.

 

Our Goal

To offer the lowest transfer fees in the world.  We are serious about this, however we cannot do it alone.  Approved independent exchangers automatically get our lowest transfer fees so they can provide low transactions costs to their customers.  Eventually each exchanger will specialize in a few selected payment methods such as wire transfers, checks, and credit cards, as well as exchanging selected national fiat currencies such as USD, GBP, Euro or your local currency. 

 

Our Strategy

To work smart to keep our costs down, and to work hard to offer excellence in our services.  With time, we hope to earn your trust and you will choose to use of iGolder for your business.  Instead of spending our time and money on advertising, we have decided to invest our energies in building the most secure payment network with the lowest fees.  We are confident our happy members will do the word-of-mouth advertising to attract new members.

 

Our Promise

To guarantee that every milligram of gold in the iGolder system is 100% backed by physical gold bullion, and that every member can redeem fine gold bars of 1 kilograms. 

 

Our Core Values

  • To uphold that each individual has the inalienable right to life, liberty and property.
  • The right to property includes self-ownership and possession of tangible assets such as gold.
  • The right to property includes the right to exchange or dispose your property as you see fit, as long as your actions do not violate the right of others.

 

What iGolder is NOT

  • iGolder is NOT a currency nor money.  You may call iGolder whatever you want - if it is convenient to you - however iGolder does not
    position itself as money, nor any type of currency.
  • iGolder is NOT a bank, and therefore banking regulations do not apply.  iGolder is not accepting any legal tender deposits or investments,
    and you cannot open any current or savings accounts with us.
  • iGolder does not offer any banking services. We only facilitate gold-denominated private trade and exchange between members
    and store their gold for them.  iGolder is a closed system, merely recording electronic gold ownership titles.
  • iGolder is not a money transmitter, and you cannot send us money because we do not have any bank account to deposit the money. 
    We cannot accept any deposits in any legal tender, only in physical gold.
  • iGolder is not licensed, supervised or regulated by any industry or government body. If you have faith in politicians and government
    officials for keeping your gold safe, please click here.
  • iGolder does not endorse any gambling or high-yield investment programs (HYIP).  Gambling is a zero-sum game and contributes
    nothing to the division of labor; HYIP is outright fraud disguised as gambling.
  • iGolder is not a U.S. Corporation and has no relationship with the U.S. Government, also none of the founders and employees
    at iGolder are Americans or U.S. Citizens.

 

Since August 1st, 2013 iGolder is no longer accepting new accounts and balances can only be redeemed. During the past years, we have been recommending Bitcoin more than our own payment system. We believe in physical gold ownership, and developed iGolder as a mechanism for people to acquire physical gold by trading with one another.

Since iGolder has a central point of failure (our server may be raided by thugs wearing some kind of uniform), we feet it is safer for us to cease operations. The iGolder experiment has been personally rewarding as we met many gold enthusiasts and also learned about Bitcoin in the process. For those who have no idea what Bitcoin is, we recommend doing your own research. Bitcoin is far superior to iGolder in every way, both in privacy and security as our server is always vulnerable to confiscation. Bitcoin is a communication protocol with a built-in "escrow service" capable of protecting both the buyer and the seller, rendering our Safetransit completely redundant. To learn more about the Bitcoin protocol and its feature, please watch "http://www.youtube.com/watch?v=mD4L7xDNCmA (Bitcoin 2012 London: Mike Hearn).

For those having gold in their iGolder account, we will ship the physical metal to anyone having more than 1 ounce of gold, assuming the owner is willing to assume the shipping costs. For smaller quantities, we offer to settle in Bitcoin, however we will also settle with any other reasonable payment system. We will give everyone at least two full years (until 2016) to contact us to claim their gold. After that period, any unclaimed gold will go to fund an economic development project in Honduras helping local people to become entrepreneurs.

We sincerely wish you the best in life and hope to keep in contact with you.

Yours in liberty,
The iGolder Team.


Update 2014: Since we announced we no longer accept gold transfers, we have received countless emails asking to keep the free gold charts and the PGP encryption tools. We plan to keep running the domain iGolder.com for both the gold charts and the encryption tools. Better, we are developing state of the art open-source software for a secure decentralized social network with a built-in wallet. We will announce when we have a product ready for use. Stay tuned!