What Is 1MDC.com?

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.

There are four sections of important information to know when starting with 1MDC®:

1. The PayMAIL^® link anyone can use
2. The grams link anyone can use
3. The easy SCI interface for programmers,
4. The easy automation for programmers. (sci1.html, sci2.html)

• Their documentation for the extremely straightforward for 1mdc SCI and automation: sci.html.
• For programmers, here is our famous Free Code for SCI and automation: sci1.html, sci2.html.
• Email them anytime info@1mdc.com. We are extremely proactive, and we typically add any features desired by merchants, market makers or users.

And let me say…….these gentlemen go out of their way to quickly reply and assist customers. Twice I have required simple changes to my accounts and they got back to the same day both times and walked me through the changes.

Q. Why should I use 1MDC® instead of e-gold® or Pecunix® ?

(1) – SAVINGS

Since day one — there has never been any storage fees or spend fees at 1MDC®. Example: It you instantly transfer $5000 in 1MDC® units from your cousin in Europe to a friend in Uruguay there is no fee on either side. (sure beats Western Union) Transfers cost nothing (at this time).

Additionally, you can store your e-gold^® without the storage fee eating away at your e-gold® account balance. You could store $500,000 in 1MDC® and you would not be charged any monthly storage fees. E-gold®, as do most DGCs, charge a small monthly storage fee.

Additionally and more important, if your business web site is using the convenient shopping cart interface accepting 1MDC® both your business and customers paying with 1MDC® are never charged a transaction fee. (Now imagine a credit card company that did not charge any merchant fees) Again, there are no merchant or transaction fees for accepting SCI 1MDC® deposits on your retail sales web sites and no fees will be charged to the customer either :-)

There are no transaction fees for using 1MDC® and I have to say that this is “the most” any digital currency can give back to it’s loyal clients and customers……no transaction fees. Especially for retail merchants and customers.

(2) – CONVENIENCE

Opening a 1MDC® account takes just a few seconds. There is no ID required there are no address fields to fill in plus no phone verification items to slow you down. Additionally, accessing your 1MDC® account is simple and super fast. Your 1MDC® account number is the same as your e-gold® account number. Very easy to remember and access.

Q. How do I deposit funds to a 1MDC® account?

A. You can at any time automatically deposit or withdrawal e-gold right into a 1MDC® account. Simply log in and deposit via e-gold® or even now Pecunix.

At any time you can always swap from 1MDC® to e-gold®.

Instantly deposit or withdrawal Pecunix® to your 1MDC® account.

The process is instant.

Spend 1MDC® to another user’s account.
Additionally, you can easily buy or sell 1MDC® using any popular DGC exchange agent and a variety of payment options.

Q. How do I withdraw funds from a 1MDC® account?

You can withdraw 1MDC® funds instantly right back to your original e-gold account. You can also instantly transfer 1MDC® right into a Pecunix® account. You can also withdraw your funds by making a spend directly to any other 1MDC® user account. When making a spend to another user you can chose from a variety of currency choices. Grams of gold, USD, EURO, AD Australian Dollars, BP British Pounds, CD Canadian Dollars, JY Japanese Yen or SW Swiss Francs. Its that simple.

However, my favorite method of quickly retrieving cash from my 1MDC®, e-gold or Pecunix account has to the The BestGoldCard.com This is a non US based (Canada), prepaid ATM card that works on the Maestro system all over the world and allows withdrawals –of I believe about $2000 per day. Plus, as amazing as it sounds, you simply log into your 1MDC® account and transfer the 1MDC® units directly to your card and one second later the ATM gives you cash.

The transaction is instant. A few seconds later you can put your card into the ATM and get the money there is NO delay. If you are loading with e-gold, it works the same way you simply visit the BestGoldCard.com web site and make your transfer from there…..again, its instant. That’s why they call it ‘The Best Gold Card’ because it really is the most convenient and fastest card on the market. If you need one simply order it from their web (before 1:00 EST) and I believe its still delivered within 24hrs via FedEx. Its the best. Rumor has it that soon the card will also accept GoldMoney.

• 1MDC® is a no-nonsense, ultra-streamlined system
• Ingenious NUMBER + INITIALS system that eliminates accidental spend disasters
• Simple, ingenious PIN PAD SYSTEM boosts security TREMENDOUSLY
• FAMOUS customer service! Email anytime
• Documentation for the extremely straightforward 1mdc SCI and automation
• For programmers, there is a famous Free Code for SCI and automation
• Email us anytime info@1mdc.com. We are extremely proactive, and we typically add any features desired by merchants, market makers or users.

The (person 2 person) free market trading floor, Open2Exchange, in 2004 also began accepting 1MDC® and they gave it the name “FastGrams”.

This is a great place to trade digital gold currency.