@@cgcoins3639 who cares? People scoff at the value to price of a GB. But compare it to a gift card. Buy a $50 gift card today and see what it buys a year from now. Buy a GB today and you’ll get exactly what you paid for it in return for goods and services. If gold goes up the value of that GB does as well. People cant get that. It’s like buying a gift card tide to the price of gold that doesn’t expire
You have to start mentioning how they compare to a gift card. Yes they are an expense compared to the price of gold. They’re not an investment. But buying a goldback gets you the same return on goods and services for the price you paid to acquire one. A fifty dollar gift card wont buy what it could have a year from now. If gold goes up in value it most certainly will have more purchasing power a year later. This is the nuance that people just dont get!
I seriously just found out about Goldbacks today. I have had this idea in my head for years, and I am SOO happy that someone has put in the work I would never have been able to do to make it a reality. I’m really hoping some Missouri Goldbacks eventually see the light of day!
I'm going in a bike tour soon, I'll be going through a bunch of towns with small businesses, gonna try to use goldbacks as much as possible. I'm doing my part!
Please, document and video the experience. The world needs to see that Goldbacks are fantasy. Seeing every business you walk into reject them will be a great lesson for us all.
I finally got to use some Gold backs for lunch at moose mart in New Hampshire. The owner was great to work with and it felt good to use gold instead of fiat 👍🏻
Love this concept and execution. I tell people about you whenever the opportunity comes up. I've even seen a few people mentioning you in chats recently. Glad to see that happening. I really hope that this becomes a standard everywhere. Physical currency like this is the answer. These look amazing.
We gotta make a trust to collect enough money and add Florida series ourselves. We would have to invest more than 432,000 GBs altogether to sponsor a new state like Florida. Good thing is, on top of having our own state series, we’d get 3.5% interest on the investment, which would be at least 15,120 GBs annually. For example, we could invite people to invest at least 1,000 GBs (about $4,000, not that much) Then, you’d only have to find 432 members in the whole Great State of Florida. Then, we get the series and each member gets an annual income of 35 GBs which is not bad at all for an investment of $4,000 paid off in literal gold.
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income, particularly on a weekly and monthly basis. That's the key to living a financially stable life. This trick has never failed. I pray that anyone who reads this will be successful in life and put this basis to work and practice. Jessica Darrell have been a great manager, mentor and guide. Her support and advice have helped shaped my crypto trading career.
How does this whole bitcoin thing works I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.
I just bought 430$ worth of goldbacks I live in florida in a small town. I intend to spread them to our small mom and pops owned businesses here, town is 4000 people. This is a great idea I love it I'll be purchasing an additional 4k in the next few days. Please when florida allows this, make it quick. Preferably with a florida man fishing and an alligator. Just a thought.
I remember when the VHS came out and was all over the USA. Technology changed so Fast. I wonder if we will see the same with the GB. Can you imagine what the future holds? It looks Bright for sure
Wish they were easier to obtain. I only found out about them recently and my choices were an online coin and money metals place ( $25 + S&H each) or EBay. . I bought 2 off EBay because I was Christmas shopping and curious.
I love the Idea and wish it would come to Europe and in particular The Netherlands where I'm from. This is real currency and not the worthless pieces of paper they are giving us. I'm definately going to buy some !
@@GoldbackInc wait… wait… wait! The old ones “SHOULD” be safe? You assured us that they were. I understand new design and added security features for sell-ability but don’t show us doubt on the earlier ones.
@@GoldbackInc what frustrates me the most is no one is talking about how they compare it to a gift card. Think about it. If you sit on a gift card for a year it can lose its purchasing power. A GB is tied to the price of gold. Yet every naysayer thinks the premium is so high for the amount of gold it contains! It doesn’t matter! If i buy one goldback for $3.85 i can use it for $3.85 worth of goods!! Please please please emphasize this when describing the value of a GB!
Are you one and same as "Silver Dragons"? Whether you are or not I was looking for the Alpha series and of the dealers I have checked I have had no luck
New subscriber. And very intrested in getting into this. From my understanding their is actual gold in the GB and is always equal to the value of gold on spot?
Don't think about Gokdbacks in terms of selling for metal content. They are meant to be used to buy things, in lieu of paper currency. A better way to look at them is in their "buying power", which is reflected in their Exchange Rate, which is roughly $3.80 right now. It might have cost you $5 to get GB1, but it's not so bad when you remember you can buy almost $4 of goods or service with it. The initial cost of buying GB is like bringing them into circulation, except it's YOU doing it and not a government.
@@CyrusOfNaias I understand the concept and would love to back that. But until people start accepting goldbacks as payment at places like McDonald's or Walmart, what you really have is overpriced gold in fractional form.
@@marquestreasures If you wanted to sell for cash, I would do it peer-to-peer and not at a bullion dealer unless they are willing to take them for a premium over Gold Spot (somewhere about $3.50ea perhaps). I've used eBay to sell metals, people there will buy Goldbacks if your price is competitive
Acceptance of the goldbacks is limited, but apparently increasing. Utah seems to be the most accepting, with ~1/2 small businesses being up for it, Utah recognising goldbacks as legal tender, and Utah having a strong precious metal stacking/barter culture. The intent from the websites is to have a series per state, and every state to recognise the currency as tender.
How much more Gold do these have Compared to the Trump buck diamond bucks. Which is better to get. Can the trump buck be used in any state? I'm just trying to figure out how much gold the diamond bucks have in them.
Hope these don’t end up being just a cool collectors items from gold backs. If the US would adopt these as a form of payment across the US I think that would be pretty cool . I’d love to see all the states incorporated and all the art work
Does Goldback have any exchange practices for worn/damaged goldbacks? Since they can be easily damaged, they are a lot like "baseball cards"... Condition matters, and they aren't truly fungible. Fiat currency is frequently retired/replaced, which makes the condition irrelevant. For example, if I were to cut a goldback with scissors, but have all the pieces; would a new one be available at some processing cost?
They should put $50 dollars worth of gold in a $50 Goldback. the value would depend on the value of gold at the time of printing. If gold goes up the $50 dollar value would go if it goes down the value would drop. That way it would be an investment equal to buying gold coins.
Ask your Governor to propose legislation to a BAN using the coming Fed CBDC & produce its own alternative currency, like Goldbacks for its Citizens. 🗽🇺🇸
am I the only person afraid of these changes? It sounds to me like Goldback Inc is prepping to make the goldbacks into a currency that does not contain any physical gold inside.
@@rhettmeyers474 there is a reason - if goldbacks become popular enough, they may just turn into being backed by gold (literally in the name), which allows them to print more goldbacks than they have gold, and eventually take them off the gold standard altogether. The incentives are great.
@@LenHere gold is gold and goldbacks retain just about 100% of their premium unlike every other form of gold and especially gold bars. What is your problem?
@@davidortiz3094 I'm just not dumb enough to pay the premiums and believe that they will ever be anything other than an expensive novelty. Think I'm wrong, sell one to your LCS and see what you get relative to the spot price and see what percent of your premium you retain. Spoiler alert, it's zero. Negative actually...
I'd love to see a Texas edition. I think the lone star state is ready!
That would be awesome, I'd have to pick some of them up
Mee too
Texas and Florida. I'd buy em both
I want an MA edition
I'm pretty sure they're going to be the next state after South Dakota.
I can’t wait for the Wyoming! 🔥🐉
Exactly!
How much are you being paid by Goldbacks?
@@cgcoins3639 who cares? People scoff at the value to price of a GB. But compare it to a gift card. Buy a $50 gift card today and see what it buys a year from now. Buy a GB today and you’ll get exactly what you paid for it in return for goods and services. If gold goes up the value of that GB does as well. People cant get that. It’s like buying a gift card tide to the price of gold that doesn’t expire
You have to start mentioning how they compare to a gift card. Yes they are an expense compared to the price of gold. They’re not an investment. But buying a goldback gets you the same return on goods and services for the price you paid to acquire one. A fifty dollar gift card wont buy what it could have a year from now. If gold goes up in value it most certainly will have more purchasing power a year later. This is the nuance that people just dont get!
I'm in a state with no gold backs yet but it doesn't stop me from giving them as tips and educating others about them 🗽
I seriously just found out about Goldbacks today. I have had this idea in my head for years, and I am SOO happy that someone has put in the work I would never have been able to do to make it a reality.
I’m really hoping some Missouri Goldbacks eventually see the light of day!
Contact your state representatives and get it rolling
@@I_am_not_a_rob0t Yep, it’s in the works. The bill has passed our Senate and is going to House committee tomorrow!
@@MattDRobertson Nice! Idaho should get there’s next year I believe, was scheduled for this year but some kind of delay pushed it out.
@@I_am_not_a_rob0t That’s great!
Me last week😀
I'm going in a bike tour soon, I'll be going through a bunch of towns with small businesses, gonna try to use goldbacks as much as possible. I'm doing my part!
That is awesome!
Please, document and video the experience. The world needs to see that Goldbacks are fantasy. Seeing every business you walk into reject them will be a great lesson for us all.
@@LenHere why do you say such things?
@@marcustulliuscicero9512 Document your experience, maybe you'll prove me wrong but I doubt it...
@@LenHere I'll post updates on the subreddit
I finally got to use some Gold backs for lunch at moose mart in New Hampshire. The owner was great to work with and it felt good to use gold instead of fiat 👍🏻
I love the Goldbacks. The return to sound money.
Love this concept and execution. I tell people about you whenever the opportunity comes up. I've even seen a few people mentioning you in chats recently. Glad to see that happening. I really hope that this becomes a standard everywhere. Physical currency like this is the answer. These look amazing.
Thank you!
I hope they add Florida to the list soon.
I’m from Florida and I’ve bought all the goldback states so far. I would take around 15 million to make the goldback for Florida
@@carlosgalindo7473 I think Governor DeSantis would be onboard for this.
@@michaelvittori8525 yep
We gotta make a trust to collect enough money and add Florida series ourselves. We would have to invest more than 432,000 GBs altogether to sponsor a new state like Florida. Good thing is, on top of having our own state series, we’d get 3.5% interest on the investment, which would be at least 15,120 GBs annually.
For example, we could invite people to invest at least 1,000 GBs (about $4,000, not that much) Then, you’d only have to find 432 members in the whole Great State of Florida. Then, we get the series and each member gets an annual income of 35 GBs which is not bad at all for an investment of $4,000 paid off in literal gold.
Just purchased a plethora, Love the Goldbacks, they are amazing...!
Wyoming resident here, just finding out about GoldBacks, I need a hook up on that new Wyoming setX)
Texas Goldback when?
Florida Goldbacks are next?
Hopefully one day goldbacks become more mainstream. Also please come to Michigan 🎉
Pleaseake Texas and Arizona
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income, particularly on a weekly and monthly basis. That's the key to living a financially stable life. This trick has never failed. I pray that anyone who reads this will be successful in life and put this basis to work and practice. Jessica Darrell have been a great manager, mentor and guide. Her support and advice have helped shaped my crypto trading career.
I get a lot of recommendations for Jessica Darrell from friends. Her strategy must be good for people to testify a lot about her.
I have been getting so many recommendations about her as well
how do I reach her
For real she's very profitable
How does this whole bitcoin thing works I'm interested in it and willing and ready to invest heavily but I need an assistant to properly guide me through on how to make a good startup and be successful in it without making mistakes.
@@freddiemathhews9344 Please how do i get to her ??
I just bought 430$ worth of goldbacks I live in florida in a small town. I intend to spread them to our small mom and pops owned businesses here, town is 4000 people. This is a great idea I love it I'll be purchasing an additional 4k in the next few days. Please when florida allows this, make it quick. Preferably with a florida man fishing and an alligator. Just a thought.
Hey Silver Dragons, I did not realize you're a pitchman for Goldbacks! With you onboard, I trust them even more now!
I remember when the VHS came out and was all over the USA. Technology changed so Fast. I wonder if we will see the same with the GB. Can you imagine what the future holds? It looks Bright for sure
Definitely shiney
VHS?
This is awesome. I'll have to get me some and do a video of my own about. Great news.
I hope they make utah gold back will be legal tender in New jersey
Wish they were easier to obtain. I only found out about them recently and my choices were an online coin and money metals place ( $25 + S&H each) or EBay. . I bought 2 off EBay because I was Christmas shopping and curious.
I love the Idea and wish it would come to Europe and in particular The Netherlands where I'm from. This is real currency and not the worthless pieces of paper they are giving us. I'm definately going to buy some !
I love these. In person they are beautiful.
Where’s Texas Goldbacks?!?
the only problem I have with the gold back is, what's stopping people from cutting a sliver off edges and spending them?
Really good question I didn't think about
Would you accept a sliver for payment? Would anyone else?
Is this narrated by the silver dragons guy?
Absolutely love this.
WOW, All good news thanks for sharing 👍😀
Question, should I try to exchange my Goldbacks for the new ones with the added security features?
The old ones should be safe too but they cost the same so it shouldn't be an issue.
@@GoldbackInc thank you. I'm still buying. Love the goldbacks
@@GoldbackInc wait… wait… wait! The old ones “SHOULD” be safe? You assured us that they were. I understand new design and added security features for sell-ability but don’t show us doubt on the earlier ones.
@@GoldbackInc what frustrates me the most is no one is talking about how they compare it to a gift card. Think about it. If you sit on a gift card for a year it can lose its purchasing power. A GB is tied to the price of gold. Yet every naysayer thinks the premium is so high for the amount of gold it contains! It doesn’t matter! If i buy one goldback for $3.85 i can use it for $3.85 worth of goods!! Please please please emphasize this when describing the value of a GB!
@@noicue8078 I mean, either way they have gold in them so they're worth something right?
I would love to see this in all states. CA might split into two states, hope the New California will use these if it happens.
Are you one and same as "Silver Dragons"? Whether you are or not I was looking for the Alpha series and of the dealers I have checked I have had no luck
New subscriber. And very intrested in getting into this. From my understanding their is actual gold in the GB and is always equal to the value of gold on spot?
Is there an Oregon version?
Where can I get the 2022 versions at?
Can I put one in a pop machine!
No. The reader won't recognize it as money. Yet.
I have some gold backs, but I'm investing in fractional silver instead from this point forward. Gold backs are just too expensive.
Don't think about Gokdbacks in terms of selling for metal content.
They are meant to be used to buy things, in lieu of paper currency.
A better way to look at them is in their "buying power", which is reflected in their Exchange Rate, which is roughly $3.80 right now. It might have cost you $5 to get GB1, but it's not so bad when you remember you can buy almost $4 of goods or service with it. The initial cost of buying GB is like bringing them into circulation, except it's YOU doing it and not a government.
@@CyrusOfNaias I understand the concept and would love to back that. But until people start accepting goldbacks as payment at places like McDonald's or Walmart, what you really have is overpriced gold in fractional form.
@@marquestreasures If you wanted to sell for cash, I would do it peer-to-peer and not at a bullion dealer unless they are willing to take them for a premium over Gold Spot (somewhere about $3.50ea perhaps). I've used eBay to sell metals, people there will buy Goldbacks if your price is competitive
Will they send you goldbacks in exchange for a gold eagle, however?
I love the Gold Backs and I thank you in advance for giving this comment a 👍
🤓
It's essentially a private #GoldStandard - Nice!
Loving my Goldbacks. Really can't use them in Los Angeles. However, a couple of business owners I have business with are interested.
what can you do if people dont have a full ounce of goldbacks to swop back, for example someone just has a few notes or 1/4 oz worth
Do you sell direct to consumers? May I purchase them right now?
No, we are a wholesaler but we have all the distributors on our website. I would recommend Alpine Gold or Defy the grid for lower prices!
Any chance we'll get an Idaho goldback? If so, when?
What about updating to 2024? Also can these be used worldwide?
How do we get these gold backs?
Silver Dragon you own Goldback?????
Can you spend these in different t states that either accept them or don't? Will they be made for every state?
Acceptance of the goldbacks is limited, but apparently increasing. Utah seems to be the most accepting, with ~1/2 small businesses being up for it, Utah recognising goldbacks as legal tender, and Utah having a strong precious metal stacking/barter culture.
The intent from the websites is to have a series per state, and every state to recognise the currency as tender.
How much more Gold do these have Compared to the Trump buck diamond bucks. Which is better to get. Can the trump buck be used in any state? I'm just trying to figure out how much gold the diamond bucks have in them.
Buying some asap!!!!
Hope Iowa does this. Be nice to have something besides the caucuses, Frank Lloyd Wright and Buddy Holley. ..sheesh.
Hope these don’t end up being just a cool collectors items from gold backs. If the US would adopt these as a form of payment across the US I think that would be pretty cool . I’d love to see all the states incorporated and all the art work
What about Massachusett
I hope you can make GoldBacks for Georgia.
Where can I trade a 1 oz Maple Leaf gold coin for 1000 of those $1 Gold Backs?
Does it have a made in USA label?
No, they do not.
need some for Yavapai county Az
I'm sure it'd be a while, but I'd love to see a California Goldback. I imagine y'all can do good by the "Golden State".
Does Goldback have any exchange practices for worn/damaged goldbacks? Since they can be easily damaged, they are a lot like "baseball cards"... Condition matters, and they aren't truly fungible. Fiat currency is frequently retired/replaced, which makes the condition irrelevant. For example, if I were to cut a goldback with scissors, but have all the pieces; would a new one be available at some processing cost?
Yes. Alpine Gold will exchange it. If it's delamination, or manufacturing problem, no fee. If it's a wear, there may be a restock fee.
These can actually boost our economy! Adopt the Goldback and make America great.
Are there European dealers selling these?
Could people outside of the US but goldbacks?
Y’all need to make them usable nationwide making them for only certain states really holds u back
What's the collector value for 2019 utah 1&5 goldbacks?
I guess like currency it does have collectors value thing then is the condition and the rarity
Isnt this Silver Dragon?
Just found out about these final gold that can be stacked easily as silver unless im missing something
This sounds like silver dragons. Does silver dragons own this company?
Hey! It is Silver Dragons. He does not own Goldback but he made some videos for us.
Makes some Texas edition gold backs
It can not be that every State has its own notes ....lets see
It happened before with the silver certificate. I have one.
The coin exchange seems like a incentive for business to accept GB if they can get us mint 50 dollar gold for their GBs.
I would like to buy some of those but i live in izmir in Türkiye Turkey
Real money that government doesn't control
Well they wrote it down so it must be true
Bro why am I hearing silver dragons voice in this video? I know the dude personally like what is going on am I in the Twilight zone
Hey dragons lol
Reminds me of John wick
I love the idea but I am concerned that China 🇨🇳 will produce fake Goldbacks
That is why I ask
How do I test the authenticity of Goldbacks
C'mon TN!
They should put $50 dollars worth of gold in a $50 Goldback. the value would depend on the value of gold at the time of printing. If gold goes up the $50 dollar value would go if it goes down the value would drop. That way it would be an investment equal to buying gold coins.
it's basically a scam at this point.
Ask your Governor to propose legislation to a BAN using the coming Fed CBDC & produce its own alternative currency, like Goldbacks for its Citizens. 🗽🇺🇸
Brı 4usd for 0.03 grams of gold! what a ripoff
We don't decide the price the market does, utility adds value.
Monies
am I the only person afraid of these changes? It sounds to me like Goldback Inc is prepping to make the goldbacks into a currency that does not contain any physical gold inside.
They would become pointless if they did that. There is absolutely no reason for that to happen, so no.
@@rhettmeyers474 there is a reason - if goldbacks become popular enough, they may just turn into being backed by gold (literally in the name), which allows them to print more goldbacks than they have gold, and eventually take them off the gold standard altogether. The incentives are great.
@@georgiishmakov9588 good point though at that point, I'm not getting them
Goldbacks are the hottest of hot garbage. Liars pump them, idiots buy them…
@Jim Larson I'm not arguing in favor of crypto. You're basically saying garbage is better than crap. Fair enough, we agree...
LMAO homie mad he didn't have the idea
@@LenHere gold is gold and goldbacks retain just about 100% of their premium unlike every other form of gold and especially gold bars. What is your problem?
@@LenHere Probably can't even afford it lol
@@davidortiz3094 I'm just not dumb enough to pay the premiums and believe that they will ever be anything other than an expensive novelty. Think I'm wrong, sell one to your LCS and see what you get relative to the spot price and see what percent of your premium you retain. Spoiler alert, it's zero. Negative actually...
Y’all need to make them usable nationwide making them for only certain states really holds u back
This is the plan based on their website. The more people knows about them the more they will be used