Why Isn’t My State Next? Understanding How We Choose New Goldback Series

With each new Goldback series announcement, it’s common to wonder, “Why isn’t my state next?” The decision behind choosing a new state is thoughtful and strategic, and it comes down to three key factors:

Is the state friendly to precious metals?
Is there demand for Goldbacks in that state?
Can we realistically expand there?

In this article, we’ll take a closer look at how we evaluate these factors when deciding on the next state for a Goldback series.

1. Is the State Friendly to Precious Metals?

One of the first and most crucial factors we consider when choosing a state for a new Goldback series is its legislation. Since the Goldback is both a gold product and a local currency, the legal environment plays a huge role in the success of a series.

For example, Utah was the first state to recognize gold and silver as legal tender in 2011, which paved the way for the Goldback to be introduced as a legitimate, spendable currency.

In 2020, Florida adopted more precious-metals-friendly laws, which helped facilitate the creation of that series. Currently, the state is considering HB 999, which if passed, will also recognize gold and silver as legal tender.

Oklahoma and Arizona have also taken steps to support the use of precious metals, making them the ideal states for the next two Goldback series.

2. Is There a Demand for Goldbacks in that State?

Another consideration in selecting a state for a new series is the probability of success. It’s much easier to expand into a state when there’s already a growing community of people who understand and support sound money principles.

Because awareness and demand are key to a successful launch, we encourage our supporters in every state to continue spreading the word about Goldbacks. If your state hasn’t seen a Goldback series yet, consider this an invitation to be part of the movement—spread the word to your local businesses, communities, and lawmakers.

3. Can We Realistically Expand There?

Feasibility is another important factor when launching a new series. We need to carefully consider whether we have the right resources and connections to make it happen.

With our latest series announcement, we’ve received a lot of questions about a Texas Goldback. While we do plan to expand into Texas in the future, it comes with its own set of challenges. Launching a gold-backed currency in such a large state requires significant planning and resources—from building relationships with local businesses to ensuring we can produce enough Goldbacks for effective distribution.

So, even when a state has strong demand and supportive legislation, the scale of expansion can take time. Rest assured, we’re always working on improving how quickly we can release new state series.

Looking Ahead: Keep Spreading Awareness

As Goldback grows, we’re excited to keep adding new states and supporting the communities that embrace our currency. The success of each new series depends not only on legal factors, but also on the enthusiasm and demand from people in that state. The more you spread the word about Goldbacks, the quicker we can expand into new areas.

If your state isn’t next, don’t worry—your voice matters! Keep sharing the message, educating others, and supporting businesses that accept Goldbacks. Our goal is to be in all 50 states, and together, we can continue building a strong foundation for Goldbacks.