u/HappyRedditorOnline

For those of you that have used goldbacks at a merchant, are they accepted at the daily value or at a lower amount? Are the prices of the items the same whether paid in cash or goldbacks? For example, if you went to a merchant and purchase an item that was $9.28 (today’s exchange rate) would the vendor accept either 1 goldback or $9.28 in cash?

This sounds like a stupid question, but what I am trying to figure out is why people keep complaining about the premium. I get that the price of each goldback is approximately double the value of the gold it contains, but if vendors are accepting the goldbacks at or nearly at the the value we paid for them, then there either isn’t really a premium or just a very small one.

I get the premium argument if someone is buying these just to stack, but in terms of using them as an alternate currency, their intended purpose, then I don’t get the argument.

reddit.com
u/HappyRedditorOnline — 20 days ago