Would You like to Pay by Check, Cash-Or Gold

Would You Like to Pay by Check, Cash-or Gold

In this article, a man named James Turk thinks that people should pay for things with gold instead of cash. A lot of companies are taking in consideration the idea of paying each other with gold. Founded by Mr. Turk, goldmoney.com currently has over 20,000 users, which has doubled since a year ago. This company is following a company called e-gold.com. Other companies are following along with this idea. For example, e-bulion.com has recently sprung up into the gold payment industry. Mr. Turk says that gold has a historic role of being the nation's currency. The usual users of these companies tend to be small-business owners. They use this because they are worried about currency fluctuations.

I think that people shouldn't be able to pay for things with gold because it's not the usual currency that is used nationwide. I think that you should be able to trade gold for other types of jewelry or metals, but I don't think that you should be able to use it as a form of money. I guess this is a good idea for Mr. Turk because he is making money off of this online business. I understand that he is trying to get into the whole entrepreneurship idea, but I think he is being irrational about using gold instead of money. In the United States we are supposed to pay with U.S. currency and that is just how it should stay.