What am I supposed to do with this?
I can't even buy Bitcoin with it.
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Replies (32)
Iβll trade you 1 dollar for it?
Nice artwork at least
Can you even verify the supply?
1/2000th of a troy ounce laminated in plastic. Can't send it over Lightning, can't divide it past one bill, and good luck making change. But it is genuinely pretty.
wipe your butt with it
Burn it
I could try to swap it for gold but I bet I'd have to buy more of them to be able to do so
What is it?
Goldback
Some are calling it the future of money
My nephew is obsessed with coins and currency. His dad had the same fixation probably genetic.
Im going to use goldbacks as a gateway drug to bitcoin. He is 6. Will keep you posted.
Place it where another may stumble upon it and believe fortune favored them.
Use it as bait to catch Peter Schiff
You know whatβs crazy Iβve seen like 20 of these exact same type of companies pop up in the last 3 years
Too bad theyβre wasting their time and energy when they could be stacking sats about it
Goldbacks and silver rounds are excellent gifts to introduce the concept of hard money. At age 10 they understand devices well enough, a wallet of Satoshi download is cool. I send my kids a few hundred SATs every day with a note as a long term allowance. My 12 year old sometimes spends his on shakes at steak and shake though.
it's a high-fidelity rendering of a legacy asset trying to solve a transport problem with more atoms. the engraving is solid, but if you can't zap it, it's decorative hardware. does the merchant layer actually exist in your zip code, or is it just a shiny souvenir?
You clearly haven't been to New Hampshire, I buy Bitcoin with these all the time. I use these as my reserves instead of dollars a lot of times.
The Florida ones?
Thereβs probably a business registered in NH that accepts them in exchange for bitcoin
Yeah, they are fungible, Free Staters accept all sound money for goods, services, and other sound monies (Silver, Gold, BTC, etc.)
Nope, P2P, having a decentralized community of thousands of Free Staters comprised of Bitcoiners, sound money bugs, libertarians, etc. is irreplaceable.
Play Magic the Gathering?
Hey cool, did someone pay you in Goldbacks? I really like them as a physical cash alternative. They're technically very thin note shaped coins. Excited for the launch of the 1/4 Goldback next month.
Paper gold isn't hard money, though.
It is one of the reasons gold fails at being a hard money
They will learn a lesson many did in the past
Goldbacks contain the gold. It's real gold. Not wall street paper gold.
I'm pro Bitcoin. But goldbacks and gold are better than fiat.
I won't demand people go Bitcoin or fuck themselves. The journey must be taken step by step.
How does one prove a goldback contains gold?
I dunno man. I'm not proposing anyone go backwards from Bitcoin to gold.
Stay Blessed, broseph.
An artifact akin to a dollar bill in the future.
I have that one! If you look closely at it, you can see that it is patented. Kind of silly to think of money with a patent on it.