Loading ...… but Goldbacks are not.
So far six States have adopted Goldbacks as legal money. This year, it’s Florida’s turn.
And the pace of adoption looks set to accelerate further – eventually going parabolic. (this will be very good for the gold price)
Bitcoin will never be currency because it’s difficult to use. And it will never be money because it has no intrinsic value.
Goldbacks are increasingly filling this void as people are attempting to intelligently escape the vulgarities of fiat currency economy.
Currently there are only $200 million of Goldbacks in circulation. This is only 10 percent of bitcoin’s two trillion-dollar market cap.
True commodity money – money that cannot be counterfeited (or taxed) – money that will protect your wealth from government inflation at exactly the same rate as gold – because it is gold – and now in smaller / more fungible denominations – one must ask – ‘Is this like buying bitcoin ten years ago in terms adoption cycle?’
Me thinks it’s so … so spread the word – and buy Goldbacks to protect your wealth and spending power into the future.