Goldbacks: The New South Dakota Money unveiled
News Staff
Thursday, September 14, 2023
There is a new kind of money coming to South Dakota and hundreds of South Dakotans are hoping it becomes the Gold Standard for our local economy. The Goldback looks like a golden ticket, which acts as a thin gold coin that fits in your wallet just like paper bills. While the Goldback will not challenge the primacy of the Greenback, its use is growing fast. It is an innovation that allows people to use gold for even the smallest daily transactions, and that is propelling a niche local currency into a movement. Starting on Sept. 19 these sleek gold notes will be available to the public and could soon be seen on your local main street.