Neither does Bitcoin. This what you seem to fail to comprehend. Good luck

I've asked you repeatedly to explain but you mostly answer questions with questions. If you have a sensible argument to refute what I've said, I'll listen. As I said, you simply saying something is so, doesn't make it so. Now, do you have such an explanation? I'd love to be educated.
YES I have an answer. Explain to me how you would do it with gold. Then you have you're answer because it will be done EXACTLY THE SAME.
Seriously, how difficult is this?