Hogeye Bank aka "Bank of Bill"

Hogeye Bank is a "gateway" for exchanging digital money for the real thing, perhaps intending to use the digital money as an alternative currency. The Hogeye Bank Ripple address is:

rHyMKtV3iYgFpkCVPHnT4hd4xNHAUkv2b1

BuffaloSilverRound

You can hold accounts in the following digital currencies:

  • XAG — Troy Ounces Silver
  • USD — US Dollars

Having an account will allow you to trade with your friends and local businesses using a smart phone, tablet, or computer. What you need to do:

  1. Create a Ripple Wallet if you don't already have one.

  2. Give Hogeye Bank a "trust line" to create an account.

    wallet-set-trust

    Press the Advanced button and then the green Add Trust button. Paste the Hogeye Bank address rHyMKtV3iYgFpkCVPHnT4hd4xNHAUkv2b1 into the Name/Address area. Then set the trust line - the maximum balance for your account. It must be larger than the amount you intend to deposit. Make a trust line for each type of currency you wish to deposit.

  3. Deposit silver rounds or US dollars with Hogeye Bill or his agent.

  4. Withdraw silver rounds or US dollars from Hogeye Bill or his agent.
Silver deposits are by default one troy ounce .999 pure silver rounds. Normal wear may be acceptable, but rounds under .98 troy oz. will be either rejected or prorated for the actual weight.

Withdrawals of silver XAG will be made in silver rounds of integer increments. Fractions of ounces will not be redeemed by Hogeye Bank at this time.

Hogeye Bill's email is abcritter@yahoo.com. His PGP public key is here.