Quote from: JayJuanGee on May 05, 2025, 01:51:23 PM

Quote from: Catenaccio on May 05, 2025, 08:41:04 AM

Quote from: Mansory22022 on May 04, 2025, 08:14:29 PM

Gold is useless for banks in the new financial system gold is not corruption free like btc or crypto there is no actual track of gold how much gold is minted and controlled so bankers don't need gold they need btc and crypto.

Who have ever either corrupted, minted or controlled gold?

I don't see anything wrong, embarrassing or confusing about the statement that gold has been corrupted by traditional financial systems and bitcoin is more difficult to corrupt. I do find Mansory22022's seeming convolution of bitcoin and crypto to be a bit lost, yet it is common for many normies to conflate bitcoin and shitcoins, as if they were similar things in the context of their value add.

Gold has long been tied to the traditional financial system, where banks, governments, and paper claims are the only ones. Bitcoin transactions are transparent and verifiable. Financial institutions or governments cannot create new paper Bitcoins at will. Its supply is limited by code. Many still lump Bitcoin and other cryptos in the same basket as shitcoins. Bitcoin’s fundamental value proposition is quite different. Most are centralized, VC-driven, and promise to get rich quick. That’s why it’s very difficult to corrupt or manipulate Bitcoin easily.