Wow, okay... here we go. ALTERNATIVE / GOLD-BACKED / LOCAL CURRENCY.
Pedes this is HUGE. This money is a Legal Tender in Wyoming and is fully authorized by the WY Legislature.
AND... the gold is actually IN THE NOTE. Yeah, so as the gold price skyrockets, the value of the money (currency) rises too.
This is a pic of my personal 50 note. There are also 25, 10, 5, and singles. The current "value" is 4x (yes that's quite a premium at the moment) but as the price rises, this value factor rises too. (i.e. a 50 is worth $200 FRNs at the moment)
Wow, okay... here we go. ALTERNATIVE / GOLD-BACKED / LOCAL CURRENCY.
Pedes this is HUGE. This money is a Legal Tender in Wyoming and is fully authorized by the WY Legislature.
AND... the gold is actually IN THE NOTE. Yeah, so as the gold price skyrockets, the value of the money (currency) rises too.
This is a pic of my personal 50 note. There are also 25, 10, 5, and singles. The current "value" is 4x (yes that's quite a premium at the moment) but as the price rises, this value factor rises too. (i.e. a 50 is worth $200 FRNs at the moment)
Sauce: https://www.goldback.com/news/wyoming-goldbacks-available-9-19-22
Nice, been debating on buying some myself! I like that their are stores already accepting this as payment.
This is great. Already have similar in Utah, Nevada and New Hampshire.
Reminds me of the Liberty Dollar. I really wanted that to go somewhere.