Does gold punish governments? When its not verifiable how much they hold, its the perfect poker play. Bitcoin however would expose how poor they are.
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You don’t care how much gold governments hold; the price of gold is manipulated in exactly the same way as the price of Bitcoin.
Just buy gold and wait – what does the government care? The same applies to Bitcoin.
Yes, but they cant let you verify how much they hold which is why Gold doesnt punish them the same as a Bitcoin standard would. If Fort Knox was verified empty would punish the US for example.