Current State Of The Goldback Stack :D
I'll be adding some goldbacks to the stack in the coming days so I figured to do a photo shoot of the current state of stack, it's been a while since the last time I did a proper one 😆
In total we have
- 8 x 1 gbs
- 3 x 5 gbs
- 2 x 10 gbs
- 1 Silver GB
And I guess an official GB wallet 😅
There used to be a half GB in the mix as well, but I ended gifting it to a good friend.
With current prices of gold and gbs, there is approximately 250$ worth of goldbacks in the photos above, or about 125$ worth of gold. Nothing epic, but it's a good start.
Eventually I'd like to own 100 in GB currency, slowly getting there :)
Here are some close ups:
Shiny! And sexy! And they look much better from up close than in the photos :D
What are goldbacks?
Here's a quick run down if you have no idea what goldbacks are:
First introduced in 2019, Goldbacks aim to provide a private, inflation-resistant alternative to fiat money. Unlike traditional gold coins, they are spendable in small amounts, making them more practical for daily use. They hold intrinsic value based on their 24k gold content sealed within a polymer for durability.
As we talk, there is a small yet ongrowing network of businesses in several states of US that accept them for trade.
I highly suggest you to visit the offial page if you would like to learn more
Ok friends, this is it for today 😁
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goldbacks...I think that having gold intrinsically gives it more value.
Well half their value is backed by 24k gold :D
Interesting, what about Europe? Are there any businesses that accept them?
How do you sell your goldbacks when you need cash?
You can sell em for services or otc. I believe the company also accepts them!
Unfortunately they are not available to Europe 😭
For way less than they cost. The premium is insane! Fun to collect and I got a bunch myself but not ideal for real functionality use.
Nice art on those gold backs. Thinking if there are any playable goldback cards 😀
!BBH
!pimp
There was a talk about a goldback crypto a year ago but nothing new since then 😅
that dragon is SO proud
!PIZZA
^_^
I need some of those gold backs, they look so good. Will gladly pay the premium for a stack of them
Having a bunch won't hurt I guess 😀
I like them... It helps to know the Melt Value of Gold will soon be 9,000 per ounce if measured in today's Fiat USD's...
Heh :D I just stack for my kids sir. Or maybe for a rainy day 😀
I'll never see a profit from what I have either... Still, I do want to have a little fun along the way...
There are definitely better ways to stack gold….
Indeed. These are purely fun for collecting.
Very nice stack of gold piling up there, the silver is nice too. 100 Goldback is a great goal!
!PIMP
!pimp !duo
I'll get there eventually ho ho
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Interesting information and beautiful designs on these goldbacks. I'd never heard of them before. Thanks for sharing.
They are gold. And art :D
!pimp
!pimp
Goldbacks, haaa... finally, a way to carry actual money without feeling like a pirate hodling a treasure chest. Now if only vending machines would take them 🤔 but I probably wouldn't use it in the vending machine.
Well, there are goldback atms already, maybe vending machines soon? 😁
hahaha looking forward to that Mr TrumpMan
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Goldbacks is !PIMP 😁
!pimp
That silverback though😍✨
It's fire! But super expensive considering the amount of silver it carries. I treat it as a fun item 😀
!pimp
https://www.reddit.com/r/Goldback/comments/1jnfuej/my_gb_stack_as_of_today_will_be_adding_more_soon/
https://www.reddit.com/r/MetalsOnReddit/comments/1jnhcvy/my_gb_stack_as_of_today_will_be_adding_more_soon/
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I have to admit, Silver Dragons (formerly Silver Baggins) was smart to pull off the Silver Back in 2022, a great looking Silver Back note and a hot item on his YouTube giveaways.
!PIMP
$PIZZA slices delivered:
@davideownzall(5/15) tipped @trumpman
Moon is coming
The Goldback looks nice, but that Silverback is looking quite nice. The dragon looks amazing.
!PIZZA
Those are very nice collection to have
The art in the gold backs is well made