
It’s possible to hold Goldbacks digitally and keep them almost as flexible as cash by converting some of them to GBQ. It’s a digital token that represents one vaulted Goldback. This protects your savings by keeping some of it in the digital world but decentralized for use. In other words, no entity can control how you spend it. It’s digital cash in your own pocket. Having gold in the decentralized digital world can make it easy to spend by exchanging it for other tokens outside of the banking system without having to ask permission to use your own money. It allows you to store in gold and benefit from the inflation protection, and still have it in a vault but useful like cash.
Buy or Redeem them for Goldbacks at Q-Assets and the Qortal Goldback Store inside of the decentralized network Qortal. Learn more about Qortal here.
Install the GBQ Qortal wallet here: