Industry WIKI
Digital assets and currencies
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Goldback
The Goldback is a fractional gold commercial product marketed as a local currency and commodity which has seen limited use in some U.S. states, and is sold and marketed by Goldback, Inc. of Utah. The Goldback contains a thin layer of gold within a polymer coating equivalent to 1/1000 of an ounce.
Trading basicsNorm of reciprocity
The norm of reciprocity requires that people repay in kind what others have done for them. It can be understood as the expectation that people will respond to each other by returning benefits for benefits, and with either indifference or hostility to harms. The social norm of reciprocity may take different forms in different areas of social life, or in different societies. This is distin