Florida Launches Gold-Backed Currency, Leading the U.S. With Innovative Technology | Jeremy Cordon

Gold has surged to $2,700 an ounce in 2024 as inflation, geopolitical tensions, and dollar debasement shake global confidence in fiat currencies. Jeremy Cordon, CEO of Goldback, joins Kitco News to explain how this growing distrust is fueling the rise of spendable gold. Goldbacks, real gold currency in small denominations, have surpassed $200 million in circulation, offering a practical and inflation-proof alternative to cash.

Cordon highlights the innovative technology behind Goldbacks, which prevents counterfeiting and enables direct transactions without converting back to dollars. With a growing network of small businesses accepting Goldbacks, they are reshaping commerce and bridging the gap between traditional gold investment and daily spending. As de-dollarization accelerates and institutions diversify reserves into gold, Cordon explores the macroeconomic forces driving hard asset demand into 2025 and beyond.

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https://www.goldback.com/

00:00 Introduction
01:22 Public Awareness and Inflation
03:42 Ray Dalio and Geopolitical Trends
04:38 Gold's Long-Term Trend and Saving Strategies
05:58 Introduction to Goldback
07:20 Goldback's Popularity and Practical Use
25:22 Goldback's Technology and Security
27:21 Customer Feedback and Future Plans
30:35 Conclusion

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