Jeremy Cordon
๐ค SpeakerAppearances Over Time
Podcast Appearances
So the quarter gold back has the same value as a wheat penny did 100 years ago.
So it's like a $2.50 gold product.
It's the cheapest gold product in the entire world.
We've got the one gold back.
And the idea here, the drive with gold back is we're trying to kind of reimagine and restore
the gold standard in the private sector and invite people to participate.
And so far, it's gone really well.
There are more places in the United States that take payment in gold, a la Goldback, than there are locations that take Walmart gift cards.
Yeah, because if you there are people today that do 70, 80 percent of their financial life in gold.
There are cities today that have dozens of industries that participate, you know, grocery stores, gas stations, entertainment, health care, insurance, you know.
contractors, um, dollar stores, you name it, um, people that do your yard, you know, landscaping people, uh, they all take payment and gold backs and they're all driving distance.
So there it's becoming more and more possible.
Um, you know, the more and more we grow the network and, you know, you imagine you get debanked and it's like, Hey, you're, you're kind of screwed if there's no cash alternative and you just, there's nothing you can do.
And you don't really want to come up with a solution on that day.
You don't want to say, okay, we have a big problem.
But we have things that we can trade.