Utah Goldbacks π
What's up all you Silver Gold Stackers? A ton of stuff has been happing in the last few weeks with Steem vs Hive so I decided to lay low while the dust cleared.
While everything was going on, I received my first shipment of Utah Goldbacks and I cannot say enough about them. If you are not familiar with this product go ahead and check out their website π Goldback.com
Basically these guys have figured out how to get a small amount of 24k gold into what they call a Goldback, and when I say small, I mean small. Their 1 Goldback, smallest one produced, contains 1/1000th of a Troy OZ of gold and the largest is their 50 Goldback which is 1/20th of a Troy OZ of gold
The Goldback solves a 2,600 year old problem in that gold can be spent in small, interchangeable increments.
While the concept is still rather new there are a few places in Utah that accept these as a form of payment and if you're curious to see who they are you can click here.
Talking to the guys over at UPMA Utah is not the only state to pursue the Goldback idea. While he wasn't at liberty to tell me what other states were looking into it he did give me the contact info for the person I could call to see what it takes to get one started for my state.
While the first Goldback currency was produced for Utah there may eventually be local Goldback currencies all over the world. In order to achieve a world full of people using sound money locally we are putting together a program in which individuals may βkickstartβ a Goldback project where they live. There are several Goldback currencies under production for 2020 using this model. We will be looking for additional projects to do once the current set of Goldbacks under production are completed.
If you are interested to see what it takes to get Goldbacks produced for your state or country, click here
So I've rambled on enough, enjoy...
1 Utah Goldback = 1/1000th Troy oz of 24k gold
5 Utah Goldback = 1/200th Troy oz of 24k gold
10 Utah Goldback = 1/100th Troy oz of 24k gold
25 Utah Goldback = 1/40th Troy oz of 24k gold
50 Utah Goldback = 1/20th Troy oz of 24k gold
They get he name "Goldback" for the goldback π€
Flip It!!!
photos by @anchormetals
Thanks for looking... #silvergoldstackers
So very nice @anchormetals I got one of these a while back, I love to show these to non-stackers!!π
Thanks @silvertop... I am completely hooked on these. As soon as they came in I placed another order π
I think we are going to have lot's of free time on our hands Lol!
Enjoy, and be safe my friend!!!
That is a pretty collection of Goldbucks. I like them, but I only have one. Here it is!
@silversaver888 don't you just love the fact that its 24k gold... I may kickstart one for my state π€
That would be awesome! And I will pick one up when that occurs! Stack on, my friend π₯°πΊπ€
Now I should really do it, I've already sold 1 π
It's only $150,000 to get started π€
Put me down for one with an option for 4 more! XD
5 sold!!! Just 49,995 more to go πππ
Unfortunately they don't send them outside US... They are very beautiful.
That stinks @ronaldoavelino I wonder what it would cost for me to ship one...
Fits my definition of money, thanks for sharing @anchormetals
My sentiments exactly @kerrislravenhill π²π²π²
Those are sweet man! I have never seen those before but suddenly they are my favorite thing :)
Hit me up on Instagram @summertooth and I'm sure we can work something out...
Ooo, are you talking a trade? I got kicked off Instagram after a week of posting pictures of my dog π€ππππ
I'll find you on discord.