First published at 23:58 UTC on May 25th, 2022.
The Goldback Solves A 2,600 Year Old Problem | https://www.themorganreport.com/join
The Goldback® is the world’s first physical, interchangeable, gold money, that is designed to accommodate even small transactions.
The Goldback solves a 2,600 year…
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The Goldback Solves A 2,600 Year Old Problem | https://www.themorganreport.com/join
The Goldback® is the world’s first physical, interchangeable, gold money, that is designed to accommodate even small transactions.
The Goldback solves a 2,600 year old problem in that gold can be spent in small, interchangeable increments.
Some people feel like there may come a day when regular fiat currency will no longer retain much value due to some economic, political, or natural disaster. Over the past century hundreds of fiat currencies have had their values wiped out. For this reason, many people hold some amount of gold and silver. However, it may be difficult to spend a theoretical $1,800 gold coin or even an $80 silver coin for the purchase of a loaf of bread if an EMP blast wipes out the power grid for several months. It makes sense to keep a portion of this hedge in Goldbacks. The Goldback is the perfect apocalypse money!
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