Jeremy Cordon
๐ค SpeakerAppearances Over Time
Podcast Appearances
Who would ever accept gold?
You know, you can just hear it.
Like the, who's the, who's the guy that, that did like the gold bar in, uh, where was it like in California?
And he was like asking people if they wanted a gold bar or a, or like a Hershey's bar.
Yeah, it's just, you know, like a lot of people don't know.
And I thought, hey, you know, maybe there's like 10% of business owners are cued in and
They're going to do this and we can sign them up and we can at least have someone we can point at and say, hey, these 10 businesses or these 100 businesses will do it at the value that these guys have in a given day.
And what we've quickly found out is something like half of small business owners will take payment in gold.
It's not five or 10%, it's like half.
Well, they're entrepreneurs and they're experts at taking appropriate risks.
If something can't continue forever, then at some point it has to stop.
When Goldbacks came out, they came out seven years ago.
They were like two bucks and now they're like nine dollars.
Like that's, I didn't think it was going to be that much.
There's a third of a billion dollars worth of gold backs out there.
So it's, it's like really big and like really small at the same time.
That's, that's not huge compared to the whole gold market.
But if you measure it by units, gold backs are the number one most produced gold product in the entire world now in seven years.