The following is a real-life allegory pertaining to golds new competitor, Bitcoin.
What would you do, if gold were made illegal?
Think it cant happen? Wellhow many of you are American? Private individual ownership of gold coins and bars was illegal in the United States for four decades. Hoarding individual wealth in gold was banned from 1 May 1933 until 31 December 1974. Vast amounts of gold bullion were confiscated from people, who were forced to accept instead the Monopoly Money known as United States Dollars. Numerous individuals were criminally prosecuted for attempting to keep their golda crime according to Executive Orders 6102, 6111, 6260, and 6261, and the Gold Reserve Act passed by the U.S. Congress and signed into law by U.S. President Franklin Delano Roosevelt.
U.S. President Franklin D. Roosevelt signs law criminalizing gold
30 January 1934
This is fact, not fancy. Not some weird theory. This is history: It actually happened. And if it happened before, it could happen again.
Well, you might say: What if nobody knows I have any gold? That would require that you buy it anonymously. Store it in secret. Never brag about it. Never use it in any way which can be traced. And take precautions, just in case somebody may be making a list of people who own gold.
Please take care of your Bitcoin privacyand your privacy with gold, too.
What would you do, if gold were made illegal?
Think it cant happen? Wellhow many of you are American? Private individual ownership of gold coins and bars was illegal in the United States for four decades. Hoarding individual wealth in gold was banned from 1 May 1933 until 31 December 1974. Vast amounts of gold bullion were confiscated from people, who were forced to accept instead the Monopoly Money known as United States Dollars. Numerous individuals were criminally prosecuted for attempting to keep their golda crime according to Executive Orders 6102, 6111, 6260, and 6261, and the Gold Reserve Act passed by the U.S. Congress and signed into law by U.S. President Franklin Delano Roosevelt.
U.S. President Franklin D. Roosevelt signs law criminalizing gold
30 January 1934
This is fact, not fancy. Not some weird theory. This is history: It actually happened. And if it happened before, it could happen again.
Well, you might say: What if nobody knows I have any gold? That would require that you buy it anonymously. Store it in secret. Never brag about it. Never use it in any way which can be traced. And take precautions, just in case somebody may be making a list of people who own gold.
Please take care of your Bitcoin privacyand your privacy with gold, too.
It happened: CRIMINAL PENALTIES... 10 years imprisonment... for keeping gold!
