Gold, silver and cash have proven for centuries that no-KYC currency can and does work.

Reply to this note

Please Login to reply.

Discussion

Not really no. Try to buy it. Or sell it. Or use it. Or store it. Or transfer it. Or borrow against it.

Your definitely have to exit and build, not join and comply

In Utah we have goldback.com and groups like The People Restored (TPR) that require member businesses accept up to a certain percentage in goldbacks.

TPR is working on expanding into neighboring states.

🤔🫡🫡

Theoretically, no-KYC assets like gold exist — but in practice, trust acts as a form of soft KYC.

You don’t need KYC to own gold. But to sell it, people need to trust its authenticity and origin. That’s why even ancient gold coins needed a mint mark — people didn’t just accept anonymous lumps of metal.

👆

Enter Goldbacks. goldback.com

Gold was made legal tender in Utah in 2017, right about the time Goldbacks were created.