Texas

Texas is making many favorable laws that make gold useful as money within the state, but the laws may make it unfairly favorable for the state to create their own currency and difficult for third parties such as Goldback.

Texas is a likely next Goldback candidate as Texas is the 6th best state in the 2024 Sound Money Index and all 5 current Goldback states are in the top 12 Sound Money Index. In August of 2024, Goldbacks were handed out during the Dallas, TX VidSummit. Even though Texas Senate Bill SB1558 was not passed, it shows that Texas is considering making GOLD and SILVER legal tender. Also, there is a rumor about Goldnotes coming to Texas soon but not called Goldbacks.

Goldback may not wish to create a currency in Texas as the state may create their own gold currency and make it difficult for 3rd party currencies to exist. A bill was filed in 2024 for Texas to create their own gold and silver money. If the bill is passed and implemented the state will have incentives to prevent competing currencies.

Celebrate Texas' statehood with a Perfect Proof 70 Deep Cameo quarter.