User:Danielbbq
Some Facts About The Goldback
Denominations/Values
1-Goldback = 1/1,000 oz. gold. 1,000 = 1oz.
5-Goldback = 1/200 oz. gold. 200 = 1oz.
10-Goldback = 1/100 oz. gold. 100 = 1oz.
25-Goldback = 1/40 oz. gold. 40 = 1oz.
50-Goldback = 1/20 oz. gold. 20 = 1oz.
Uses:
The Goldback is versatile - these are the 23 things you can do with the Goldback.
Accessible - You can carry them, vault them, stack them, stash them, trade them, transfer them, gift them, and even tip them.
Affordable - it seems incredible but anyone can own some gold for about $5. You can buy some with every paycheck.
Bankable - Deposit and hold Goldbacks in your UPMA account. Get a UPMA debit card and become your own banker. You can spend, borrow against, transfer, or use as your emergency fund if desired.
Barterable - Trade your Goldbacks for services and products at farmers markets, yard sales, and flea-markets.
Borrowable - You can fund your UPMA account and borrow against your deposited funds at 2.4% APR. Much cheaper than borrowing from a bank or a credit card. Be your own banker and borrow from yourself!
Collectible - First year issues have risen 350+% in value since 2019. Collecting first year issues from new states promise the same potential.
Donatable - Charities can accept Goldbacks and deposit them and lease them back to Goldback, inc. and earn interest on their donations.
Exchangeable - 1. You can trade back your Goldbacks for cash if desired. 2. You can trade 25 1-goldbacks for a 25-goldback, etc. 3. You can exchange your Goldbacks for gold/silver through the UPMA. 4. Turn them into Goldback inc for gold coins or even cash.
Expandable - As the price of gold increases so has the Goldback. Additionally, the market has pushed the Goldback even higher than gold, demanding 9.1% more than the retail price.
Fractionable - Through your UPMA account you can transfer any portion of a Goldback to another member. If you make and lose a $0.30 bet you can send $0.30 worth of gold to them.
Fungible - 5 - 1-Goldbacks equals a 5-Goldback, 5 - 5-Goldbacks equals a 25-Goldback. 50 - 1-Goldbacks equals a 50-Goldback.
Givable - Give Goldbacks on holidays is just the beginning, give as thank you’s, on birthdays, as stocking stuffers, even just because. You can be the tooth fairy on any occasion.
Investable - 1. If you buy Goldbacks you are not spending your money on consumables. 2. You can purchase new Goldbacks series for their rarity in the future. 3. You can hold gold in the Goldback as the price increases over time.
Leasable - You can lease back your deposited Goldbacks/gold to Goldback, inc. and earn interest on your deposited funds. 2-3.5%
Liquidable - It is relatively easy to turn your Goldbacks into cash without losing any value. 1. Sell them. 2. Vault them and get a debit card to access the cash value of your Goldbacks. 3. Lease them to Goldback inc for interest. 4. Exchange your Goldbacks for gold or silver.
Profitable - There are a couple of ways you can profit with Goldbacks. You can save 9% when buying and use at 9% higher. You can buy low and sell high as a side-gig, making 35+% profit. Or you can explore the Goldback collectibles market.
Spendable - Carry and show your Goldbacks to the businesses you frequent. Over time, you will find more and more people willing to exchange products and services for your Goldbacks. Also trade for services you need.
Stackable - There are many ways and reasons to keep a stack of Goldbacks. A stack for spending. A stack for emergencies. A stack for collecting. A stack for investing. A stack for leasing. A stack for tipping, gifting & educating others on what sound money is.
Tipable - Ask your server, “Do you want cash or gold for your tip?” Most people will accept the gold.
Tradable - Trade your Goldbacks for any service or product that anyone is willing to trade for. They are perfect for parallel economy transactions and strengthening your community.
Transferable - With your deposited Goldbacks you can transfer funds to another member instantly, securely, without government reporting unlike Venmo.
Vaultible - You can store a portion of your Goldbacks/gold/silver in the UPMA’s tier 2 secure vault for safe harbor and get them back when you need/want them.
Uncounterfeitable - There are 5 security features on each Goldback. 1. A serial number, they can be authenticated. 2. Micro-pattern in gold throughout can be identified. 3. The gold content can be measured. 4. The Hi-Tech manufacturing process. 5. Ability to demand gold in exchange for Goldbacks.
Accessable, Banking, BarFollowing are the terable, Borrowable, Collectable, Exchangeable, Expandable, Fractionable, Fungible, Giftable, charitable Giving, Novelty,
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