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RE: My thoughts on Gold
Communists in the soviet union and other communist places did exactly this. The government employed snitches to identify and report anti-communist people, and they were paid a bonus for every person they've ratted out. It is diabolical, since in some cases they set up innocent people just to get their bonus.
But I can totally imagine it happening with gold, it's not like the government haven't done horrible things before, people should not be surprized if an Executive Order 6102 RELOADED gets implemented in the future, especially since gold is getting more popular these days it is very plausible.
I wouldn't trust ant government to do the right thing, there in it for themselfes and don't care about the little people, we're just numbers to them
Yes that is why I would not trust them to hold my gold and give me in exchange paper currency that they can print at their will.
what is the difference with crypto currencies if governments decide to ban them?
Its about time we all stood up to them
@oldtimer it is different since cryptocoins can be hidden more easily. With gold, they come to your house with detectors and you are busted. With bitcoin, they need to read your hard-disk, which if encrypted properly, will ensure your sole ownership.