Goldmoney - Cannabis Business News - International Cannagraphic Magazine Forums

P-NUT · 01-29-2017, 04:04 AM

Has anyone seen goldmoney.com? Seems like it would be a good way to buy and sell seeds or other things. I know I would feel safer using goldmoney than bitcoin but have never used either. Safer as in its backed in gold not speculation. Hopefully some seedbanks will start accepting it soon.

Weed Gretzky · 01-29-2017, 05:05 PM

I like gold money. never used it but second your idea.Seems less volatile than bit coin and more easy to track swings in value as there are lots of commercial investors and annalist that follow gold. Now the seed banks have to agree. but honestly i just use credit card most of the time. if a place doesn't accept credit card i find it really hard to jump through hoops to get them the money. the beans better be exclusive shit i can't get anywhere else. was like that with bog for a while but recently found a place that excepts credit cards and has legit bog gear.

Weird · 01-29-2017, 05:10 PM

lol isnt the us dollar supposed to be gold money

gaiusmarius · 01-29-2017, 05:55 PM

the whole credit card purchasing of seeds and grow equipment can have bad consequences if you are not legal.

just heard about a guy in Holland that got busted only because they found his name and addy with an online grow shop. this made them look at the electric use and that made a judge grant a warrant.

so yeah personally i will prefer to jump through the hoops. have made a small purchase here or there online using cc in the past, but won't be doing it again. you never know when some time in future they decide to follow all those tracks peeps leave with their CC purchases. time to go for bit coin, just don't leave your money in bit coin, buy it and use it, unless you are trying to use it for investment purposes.

Bud Green Sr. · 01-29-2017, 05:58 PM

"isnt the us dollar supposed to be gold money"

The US dollar has not been backed by gold or silver since 1971 or earlier..

The only value the US dollar has, is the fact that the US govt. "promises" you that it is worth something...

edit: if you still poses some US coins (dimes, quarters, half dollars and silver dollars) dated 1964 or earlier,
they are "real money", as they are made of 90% pure silver...and thus have some "real" value, due to scarcity...

BakedBandit · 01-29-2017, 05:59 PM

Quote:

Originally Posted by Weird

lol isnt the us dollar supposed to be gold money

It was until the 70s

Gry · 01-30-2017, 01:15 AM

Lot of things were supposed to be.
Kinda like our commons; decency, integrity morality.

YetiOG · 01-30-2017, 09:54 PM

Quote:

Originally Posted by Weird

lol isnt the us dollar supposed to be gold money

Look up fiat currency. Will explain the whole deal in one article

01-29-2017, 04:04 AM	#1
P-NUT Member Join Date: Aug 2007 Posts: 513	Goldmoney Has anyone seen goldmoney.com? Seems like it would be a good way to buy and sell seeds or other things. I know I would feel safer using goldmoney than bitcoin but have never used either. Safer as in its backed in gold not speculation. Hopefully some seedbanks will start accepting it soon.
	Quote

01-29-2017, 05:55 PM	#4
gaiusmarius Senior Member Join Date: Feb 2005 Posts: 16,618	the whole credit card purchasing of seeds and grow equipment can have bad consequences if you are not legal. just heard about a guy in Holland that got busted only because they found his name and addy with an online grow shop. this made them look at the electric use and that made a judge grant a warrant. so yeah personally i will prefer to jump through the hoops. have made a small purchase here or there online using cc in the past, but won't be doing it again. you never know when some time in future they decide to follow all those tracks peeps leave with their CC purchases. time to go for bit coin, just don't leave your money in bit coin, buy it and use it, unless you are trying to use it for investment purposes. __________________ Making BubbleHash with Bubbleator Searching for SourPoison, AfghanDieselHaze and CheeseHaze keeper making canna butter
	Quote 2 members found this post helpful.

01-29-2017, 05:58 PM	#5
Bud Green Sr. I dig dirt Join Date: Sep 2013 Location: in the hills Posts: 2,633	"isnt the us dollar supposed to be gold money" The US dollar has not been backed by gold or silver since 1971 or earlier.. The only value the US dollar has, is the fact that the US govt. "promises" you that it is worth something... edit: if you still poses some US coins (dimes, quarters, half dollars and silver dollars) dated 1964 or earlier, they are "real money", as they are made of 90% pure silver...and thus have some "real" value, due to scarcity... __________________ ... Isn't Mother Nature grand !
	Quote 2 members found this post helpful.

01-30-2017, 01:15 AM	#7
Gry More hash tea... Join Date: Apr 2014 Location: land of hummingbirds and turtles Posts: 1,818	Lot of things were supposed to be. Kinda like our commons; decency, integrity morality. __________________ That which matters most
	Quote

01-29-2017, 05:05 PM	#2
Weed Gretzky Member Join Date: Feb 2015 Posts: 109	I like gold money. never used it but second your idea.Seems less volatile than bit coin and more easy to track swings in value as there are lots of commercial investors and annalist that follow gold. Now the seed banks have to agree. but honestly i just use credit card most of the time. if a place doesn't accept credit card i find it really hard to jump through hoops to get them the money. the beans better be exclusive shit i can't get anywhere else. was like that with bog for a while but recently found a place that excepts credit cards and has legit bog gear.
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