Somehow, the citizens will get screwed by this. I am guessing that the State of Utah will set the price for gold, and somehow, it will be well below market value.
If the state of Utah would let private commerce proceed using gold as the "barter currency", then I would be impressed that a statement was being made.
I have a silver dollar that has one ounce of silver. I hope that they don’t think I will use one of those to by a 16 oz coke at the local 7-11.