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I was just told you can claim a free 1/2 goldback at freegoldback.com Any of you heard of this? I've visited the site. I have a couple friends who have ordered theirs. I'm hesitant because nothing is free. Thoughts?

I was just told you can claim a free 1/2 goldback at freegoldback.com Any of you heard of this? I've visited the site. I have a couple friends who have ordered theirs. I'm hesitant because nothing is free. Thoughts?
[–] 3 pts

Too good to be true=it is.

I don’t know what the scam is, but all the gold sites are scams with sites that look like qvc shit.

The parent site is goldback.com it looks like a sweepstake thing. But I don’t give a fuck since I know it’s some scam.

Think publishers clearing house, email scraping, sell known good hot emails to marketing collectors.

Fuck all that. Nothings free.

[–] 3 pts

Its not a "scam" exactly. It is "scammy".

Yes, you can get a "free" one if you sign up (I assume they are going to sell your data, nothing is ever free).

To those that don't know what a goldback is, here you go.

>A goldback is a type of voluntary, privately issued local currency infused with real 24-karat gold. Launched as an innovative alternative to traditional fiat money, Goldbacks aim to provide a tangible, inflation-resistant store of value that can be saved, spent locally, or traded. Each note is a thin, flexible polymer sheet with a precise amount of atomized gold layered inside (e.g., a ½ Goldback contains 1/2000th of a troy ounce of gold, valued around $2–$3 based on spot gold prices). They feature anti-counterfeiting elements like serial numbers, intricate regional artwork (inspired by U.S. states like Utah, Nevada, New Hampshire, Wyoming, and South Dakota), and tactile security features.

It's basically a "fake" currency that has some gold "infused" into the note. Which, is kind of a stupid idea. I can't be spent anywhere. It has no real measurable amount of "gold" in it (think gold flake, that shit is cheap as fuck, people put it on food and charge you $100 for less than $2 worth).

Unless you are a collector that wants something "odd or interesting" as a conversation piece or something to make a art project out of, it is kind of pointless. Even if Bitcoin is "bullshit" too, you can at least get 90k for one if you had one.

[–] 1 pt

Thanks for the input bro. I was wondering what was up with these things. I haven't done any research into them at all. That's why I ask you guys.

[–] 2 pts

It's an idea that literally tries to answer the gold standard question. They are real and there are a few places that accept them. Usually momNpop shops. They used to maintain a list on the website. Lot of the same places will also accept gold and silver bullion. It's pretty underground and since you can't buy a big Mac with them it's looked at as a novelty. And it will be unless people start accepting it as currency.

[–] 1 pt

Your free 1/2 goldback has 0.0005 troy ounces of gold in it. That's just over $2 worth of gold.

Then of course they'll be happy to sell you that denomination for just over $4. Or other denominations for about twice as much as the value of gold in them. For example their 50 goldback "bill" has 0.050 oz of gold in it. That's just over $200 worth of gold that they're selling for $404.

They're essentially betting that at least some of the people that would bother to want this essentially worthless free note would also be kooky enough to think they're ivesting in something or somehow "defying the grid" as they put on their site by buying these other bills no one will know what they are let alone take or value at what you paid for them.

[–] 1 pt

WTF is a goldback?