One of the early questions that we would get about Goldbacks was “Yeah, that’s cool but who actually will take them as payment?” It turns out that nearly 50% of cash based small businesses in Utah said yes to taking Goldbacks as payment. We will be featuring businesses that have agreed to always take payment in Goldback every month.
The first featured business is Dominion Insurance. Not many people know that they can have a health or life insurance policy that is payable in gold. Dominion specializes in professional liability policies nationwide but offers virtually any insurance that you can think of since their underwriter is Lloyd’s of London. Visit their website here.
Goldback payments to Dominion can even be done online through UPMA.org’s interface by transferring Goldbacks into a Dominion account.
Goldbacks can be used as money virtually anywhere for a wide range of goods and services. We hope that you try using sound money today. Each time you do you are supporting a movement.