Goldback (Voluntary Currency)
The Goldback is a voluntary, gold-based currency first produced in 2019 in Utah by 5 people under GoldBack, Inc. The currency is laminated with .999 24k gold and comes in denominations of 1, 5, 10, 25, and 50, backed by 1/1000th oz, 1/200 oz, 1/100th oz, 1/40 oz, and 1/20 oz respectively. The currency is used in New Hampshire, Nevada, and Utah.
History of the GoldBack
The company first began from a dream from Jeremy Gordon, co-founder of GoldBack, Inc, where he paid for items at a grocery store with gold notes of different denominations. When this happened, he had already tried to create the idea of small gold for a while. He proceeded to contact Adam Trexler, president of Valaurum, a company that produces gold notes with small amounts.
ill come back to this later dont edit this
References
This article "Goldback (Voluntary Currency)" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Goldback (Voluntary Currency). Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
