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Free Goldback (physical gold currency)
31 sats \ 4 comments \ @satgoob 11 Jul news
For those of you interested in alternative currencies or just want a piece of gold, you can get a free Goldback in the mail through this link. They're used in some U.S. states as alternative currencies / bartering and physically embed gold within the note so that the collateral is physically with the currency and makes up ~50% of the market value.
Claim it here: https://freegoldback.com/
Not really news, but I couldn't find a better category.
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4 sats \ 0 replies \ @bitcoingecko 11 Jul
So interesting! Just ordered one!
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2 sats \ 1 reply \ @chaoticalHeavy 11 Jul
These are 1/2 Goldbacks
Goldbacks are available in eight denominations for easy exchange:
½ : $3.33 — Contains 1/2000 T Oz. of 24k gold
1 : $6.66 — Contains 1/1000 T Oz. of 24k gold
2 : $13.32 — Contains 1/500 T Oz. of 24k gold
5 : $33.30 — Contains 1/200 T Oz. of 24k gold
10 : $66.60 — Contains 1/100 T Oz. of 24k gold
25 : $166.50 — Contains 1/40 T Oz. of 24k gold
50 : $333.00 — Contains 1/20 T Oz. of 24k gold
100 : $666.00 — Contains 1/10 T Oz. of 24k gold
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0 sats \ 0 replies \ @satgoob OP 11 Jul
Right - I was referring to the currency being Goldbacks, not a 1 Goldback bill (if that's what you're saying)
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0 sats \ 0 replies \ @BTC_Bellzer 11 Jul
I've heard of these of before but have never seen in the wild, thanks
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