It’s always a good day to remember the government confiscation of wealth: 1934: Executive Order 6102 made private gold ownership illegal in the US. The government called it "preventing hoarding" The process was simple: 1. Force citizens to sell gold at $20.67/oz 2. Make holding gold a crime (up to 10 years in prison) 3. After collection, revalue gold to $35/oz A 69% wealth confiscation through devaluation Key lessons: • Physical assets can be confiscated • Government can criminalize wealth preservation • Devaluation is a form of confiscation This is why Bitcoin's unseizability and resistance to confiscation matters ⚡️