Goldbacks are fun! They are artistly done, they're 24k (pure) gold, and, overall, they are made to be used as currency. While they are not, "legal tender" in the US, they do work as a voluntary currency valid for barter, trade, & discounts.
This means any business can decide to accept them for goods and services, and many do in the states Goldbacks have been issued. In fact, there are over 200 businesses listed in Utah that accept Goldbacks.
Even @silverd510 knows how cool they are as he gifted me this exact one for Christmas 😃
I was thinking about using these which led me to think that one would have to carry them around, like cash, in a wallet or pocket or wherever you carry your cash. To that end I decided to fold one of these up and carry it around.
Like #pocketsivler, I can take this out and show folks and talk about gold 😎
So I am going to carry this one around with me and see how it handles daily use.
I'll keep you posted :D
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I'll fold you up too, Precious the Silver Mermaid ;)
!luv
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🤦🏻
When New Jersey gets a set of these things I'm going to come out and buy you a pizza with them 😂✔️😎
I love Gold Backs, even if it's a foldback! It probably won't flatten out all the way, but it still cool!
!BBH
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Learn all about this shit in the toilet paper! 💩
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One Gold Back will be worth 9 Cents in Sound Money, which will give it the Spending Power of 9 of today's Fiat USD's...
😃👍
Yeah, keep us posted on how the gold back will hold!
!LADY
!LUV
!PIZZA
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Will do! I fully expect it to be fine.
!pimp
!luv
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As far as I know, gold, silver, a box of chocolates or any good or service traded under a barter agreement is tax free in Canada. That's one of the perks of PMs that got me into stacking ten years ago.
I love it! And that sounds right. Imagine the gov't trying to tax me when I trade chocolates for a deck of Pokemon cards xD
!pimp
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Keep us posted! I've been afraid to try this myself so thanks for stepping up and discovering just how durable these really are! !BBH
Will do! I'm just getting excited to actually use these. I hope Oregon gets a set soon!
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I said oh god not that as well!
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Poor goldback :(
I like it! I will be folding all goldbacks I mail overseas from now on xD
!pimp
!lolz
!luv
!pizza
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