I hadn’t heard of these until very recently, but they seem to me to be a solid and sound way of reintroducing specie currency back into the economy. I’ve been buying small amounts of precious metal coinage each month (mostly silver, as it’s the most affordable at the moment) for the last several months, and the metals dealer I’ve been buying from is offering Goldbacks in various denominations. I’m contemplating buying a large stock of them in mixed denominations, and they might be especially useful when I get down to Venezuela.
Do any of my readers have experience with Goldbacks? At the moment they’re mostly used for barter transactions (a perfect launching point, actually), but it’s hard to believe that they won’t grow in popularity as fiat currencies around the globe eventually collapse.