I'm excited for the launch of the 1/4 Goldback with the Idaho series next month. Love the design and that Lady Justice is on the front.
Main reason I'm excited is it's the equivalent value of 1 penny on the 1792 Gold Standard of the United States.
Considering 1 penny is the smallest unit of value under the Gold Standard, after it was determined that the half penny wasn't worth the trouble, the 1/4 Goldback gives us a modern physical Gold penny equivalent who's value is backed by a half penny worth of real gold leaf within the note. So it's even better than the real penny was, since it was pure copper and contained no gold.
Given the fact that to accept Bitcoin requires active willing participation from people to receive it and prevent its loss, the 1/4 Goldback is much less of a hassle because I can just leave it with them. Place it in tip jars, include it as part of the tip, or just pay the business with it as a statement of wanting to pay at least SOME form and amount of sound money with my payment.
Given all that, I will use it as my default sound money payment in all transactions until Bitcoin is more common place. Ceremonially in a way. All modern currency is debt, and in every transaction paying at least what used to be the smallest unit of value but today is made with real gold is pretty significant to me.
