Q: What are Silverbacks?

A: Silverbacks are a new type of paper money that combines the security and convenience of cryptocurrency with the familiarity and widespread acceptance of traditional fiat bills.

Q: How are Silverbacks different from traditional fiat currency?

A: Silverbacks are not issued or backed by a government, but are created and maintained by a private business. This allows for more flexibility and innovation in the design and use of the bills. Additionally, Silverbacks can be easily converted into stablecoins, which can be used for online transactions without the need for Know Your Customer (KYC) verification, allowing for greater privacy and anonymity in financial transactions.

Q: How are Silverbacks more secure than traditional fiat bills?

A: Each Silverback bill contains a unique non-fungible token (NFT) and a public private keypair, which are used to verify the legitimacy of the bill and prevent counterfeiting. This advanced technology makes Silverbacks almost impossible to replicate, ensuring that your money is always secure and legitimate.

Q: Can I use Silverbacks for online transactions?

A: Yes, Silverbacks can be easily converted into stablecoins, which can be used for online transactions without the need for KYC verification. This allows for greater privacy and anonymity in financial transactions.

Q: Are Silverbacks available in stores?

A: Silverbacks will be available in stores like Walgreens and CVS in the near future.

Q: How do I get started using Silverbacks?

A: Silverbacks will be selling Founder bills at the end of March 2023. Founder bills will be $150 for a $100 bill. The price is marked up as this is how we are crowdfunding the funds for R&D and art for the first few releases. Once you have obtained some Silverbacks, you can use them for both online and offline transactions, just like traditional fiat currency.

Q: What are the benefits of using Silverbacks?

A: Silverbacks offer several benefits over traditional fiat bills, including increased security, greater privacy and anonymity, increased accessibility, increased flexibility, and increased convenience. The combination of these benefits makes Silverbacks an attractive option for people who want to use paper money in the digital economy.