BankSith on Nostr: Imagine a currency so resilient that no government, no central bank, no one has ever ...

Imagine a currency so resilient that no government, no central bank, no one has ever successfully forked it. Not once in 5000 years. #Gold stands alone—unchanged in purity, immutable in essence. A gold bar minted in 500 BCE is indistinguishable from one struck today. Here's what fascinates me about the paradox of "freedom": any government that simultaneously claims to be free while banning gold ownership reveals something darker beneath the surface. They're not actually free. And they're more fragile than they appear. Look at the historical record. When the United States enacted Executive Order 6102 in 1933, the Roosevelt administration confiscated private gold holdings during the Great Depression. Citizens were forced to surrender gold at $20.67 per troy ounce—a price carefully set below market value. That ban lasted over 40 years. Americans couldn't legally own bullion again until January 1, 1975. East Germany proves the point as well. Citizens who quietly kept gold during Soviet rule watched it regain its full practical value the moment the GDR collapsed in 1989. The “grey” ban for the people ended. The asset endured. Worst case, you may not live to spend your gold as currency again. But at least your children will. History shows one pattern clearly: governments expire. Fiat currencies fail. Bans end. Gold does not.

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