Three New Denominations Launching with the Florida Goldback Series!
Three new denominations are joining the Florida Goldback Series! In response to rising inflation and higher gold prices, we’re expanding our currency to offer greater flexibility. The new denominations—the 1/2, 2, and 100—are designed to fill important gaps for Goldbacks, offering more versatility for users.
Introducing the New Denominations
1/2 Goldback: Containing 1/2000 troy ounce of gold.
2 Goldback: Containing 1/500 troy ounce of gold.
100 Goldback: Containing 1/10 troy ounce of gold.
Why Add New Denominations?
As gold prices continue to grow and other currencies devalue, the need for more denominations has become clear. Here’s how each one fits into the Goldback ecosystem:
1/2 Goldback:
Perfect for small transactions, the 1/2 Goldback is designed for everyday purchases like a cup of coffee, a small snack, or a quick errand. This denomination ensures smoother transactions and makes it easier to provide exact change when using Goldbacks.2 Goldback:
The 2 Goldback bridges the gap between the 1 and 5 denominations, making it ideal for mid-range purchases like grabbing a quick bite or buying household essentials. It provides a practical entry point for new users and helps minimize the need for giving larger amounts of change.100 Goldback:
The 100 Goldback is ideal for larger transactions or as a store of wealth. Whether purchasing higher-value goods, paying for professional services, or using it as a portable investment, the 100 Goldback makes it easier to transact significant amounts while carrying fewer notes.
Adding denominations is a key step in Goldback’s evolution as a functional, inflation-resistant currency. These new options add versatility, supporting our mission to offer a practical, sustainable, and accessible currency.
