Creating a Spendable Gold Currency with Jeremy Cordon
In 2019 Jeremy Cordon created the Gold product known as the Goldback®. Goldbacks® have exhibited Gold in spendable quantities for the first time. The Goldback® solves the 2,600 year “small coin problem” by allowing physical gold to be used for any size transaction. One Goldback contains 1/1,000th of an oz of 24 karat gold. A Fifty Goldback® contains 50 times that, 1/20th of an oz.
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