Riddle me this

> The SERVICE that DXInOne provides is "ecurrency exchange". For
> those of you (like The Tim) who are bit slower than others, this is when a
> person has money in one ecurrency and needs to exchange it for another
> ecurrency. This is also very similar to traveling overseas and having to
> exchange US dollars into some other currency so you can transact business.
> You go into a bank or other business that does currency exchanges, and YOU
> PAY A FEE for making the swap.

I don't know anything about your opportunity, and am not really that interested (never commented it or even read the threads on it before) but on the surface it looks funny - although I'm ready to concede I haven't examined the details.

Here's why it looks odd to me (leaving aside any questions that I might have about the reliability of particular online currencies - like what is to stop some random unscrupulous e-currency company from printing unlimited funds to themselves in their particular e-currency - nobody would find out until their currency collapsed in a rush of withdrawals):

International currencies float. For example, the US Dollar, British pound, Euro, etc. all move up and down based on whether people are prepared to invest money in the corresponding economy. For example, if British interest rates are high compared to other economies, all other things being equal, it's more attractive to an investor to put money into the British economy (because they get a higher percentage return).

Now with this e-currencies, I don't see how they can float.

If I go to PayPal, and I assume most of the others, I convert real US dollars, into PayPal US dollars at a fixed rate (1:1) plus any charges PayPal levies to do the conversion. As the conversion charges are relatively low, I don't see a whole lot of scope to make profit just on the charges. And there is no "investing" in the PayPal economy, or the Stormpay economy, because the funds are in theory total liquid (you can move them between payment systems on an instant basis, and money in PayPal doesn't earn a higher or lower return than money in Stormpay, because in theory it's all convertible back to US dollars).

But if I go to the site which I presume is about this, and look at one of the e-currencies: http://www.dxcurrencies.com/online-currency-statistics/STM.php

Exchange rates from the past 30 days, vary by more than a factor of 10 ($1.99 @ 22-28 days ago, to $20.04 @ 8-14 days ago).

Now the question is WHAT IS THE CAUSE OF A TEN-FOLD MOVEMENT???? It doesn't make sense if stormpay can convert to US $ at any time - even if Stormpay tracks some other currency, no real currency moves by a factor of 10 against the US dollar in the last 30 days.