That goes without saying
But if we go along with your thought a little further, it is not so much about money at all (though money in whatever form without doubt plays an important role here) as it is about making allies which you can ask for help in situations like this. With that said, I don't think you can trust anyone in such matters (financial ones) as it is lonely at the top while betrayal is only a matter of time when big money is involved
But if we go along with your thought a little further, it is not so much about money at all (though money in whatever form without doubt plays an important role here) as it is about making allies which you can ask for help in situations like this. With that said, I don't think you can trust anyone in such matters (financial ones) as it is lonely at the top while betrayal is only a matter of time when big money is involved
Which is exactly why Bitcoin beats gold and anything else. If you planned ahead and moved your gold reserves into a so called friendly country like Russia, you would still need to trust all the infrastructure that hosts your gold there which is a lot of people
But that's not my point
Indeed, you cannot trust gold for the reasons stated, but I don't think you can trust Bitcoin a lot more than that, either. To be 100% betrayal-proof, you should do everything by yourself. I don't think this is the case with Maduro as otherwise he wouldn't be in a situation like the one he is currently in). So he has to trust someone, and that is where there is not much difference between gold and Bitcoin as the flip side of trust is betrayal, as per definition. When money is involved and big money at that, you can't trust anyone, even your closest relatives like spouses, children, etc
That's why it is so lonely at the top (see Bezos case)
I understand what you mean, but any big infrastructure, like a government, is going to need some delegated tasks, and some backups. If you are the president, or the boss of a big deal with many people involved, you need allies.
The difference between hosting gold reserves overseas in a different jurisdiction vs appointing some high trusted, very select set of people to host Bitcoin backups, I think lowers risk of betrayal by several orders of magnitude.
As I said before, Maduro would have reduced risk to a few people vs trusting an entire overseas jurisdiction, bank and whatnot. There's no such thing as perfect security, it's all about getting the best that you can get.