Remove tax penalties & protect against depreciation
Since the time of President Reagan, the Treasury of the United States has minted U.S dollars in the form of gold and silver coins. These coins are legal tender just like Federal Reserve notes. This means transactions made with gold or silver coins, in many states, are not considered barter transactions.
By using these U.S.-minted gold and silver coins, members can protect themselves from the depreciation of the Federal Reserve notes while potentially avoiding the tax penalties of bartering with bitcoin or other non-legal-tender precious metals. It’s important to consult with your tax advisor before making any financial decisions.
