3 ms·
25-50% acceptance seems extremely high acceptance rate for businesses accepting them. I bet if I asked 100 businesses in my town, less than 5 would even know wh
by unstatusthequo 6y ago
25-50% acceptance seems extremely high acceptance rate for businesses accepting them. I bet if I asked 100 businesses in my town, less than 5 would even know what this is. I didn’t know what this is until 5 minutes ago and I buy actual gold.
- axaxs 6y agoI thought the same, so assume this was the acceptance rate when pitching the idea to small business owners.
- Igelau 6y ago> Outside of the State of Utah Goldbacks can also be spent. In Oregon at a farmers market the Goldback had a about a 25% acceptance rate among business owners. This was based off of 40 vendors. What's "about 25%" of 40? About 10? 9 vendors who said "I guess" and that guy over there who wasn't a flat out "no"?
- gowld 6y agoI'd accept a goldback. Maybe even 10. Same as I'd accept barter for anything interesting. But not 100 or more.
- deleted 6y ago[deleted]