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Reason: Fixed value amount to $200 (not 220)

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

2 years ago
1 score
Reason: Original

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 $220 FRNs at the moment)

Sauce: https://www.goldback.com/news/wyoming-goldbacks-available-9-19-22

2 years ago
1 score