Loading ...Spending Gold with a Debit Card
According to Freeman, one thing that is necessary for gold to become a commonly used transactional currency is a proliferation of companies like Glint, which is based in the United Kingdom.
Glint holds gold deposits and issues debit cards that allow depositors to spend their gold deposits in any amount and in multiple currencies. The company states on its website that it “offers an alternative to fiat currencies enabling our clients to buy, save, and spend allocated gold with the flexibility of Mastercard.”