C on Nostr: "But why did they even value gold grandpa? Why didn't they use some accounting ...
"But why did they even value gold grandpa? Why didn't they use some accounting system?"
Well, we tried that, and the problem was that people would take control of the accounting system and would give themselves money. It wasn't until Bitcoin came along that any accounting system could be trusted.
Well, we tried that, and the problem was that people would take control of the accounting system and would give themselves money. It wasn't until Bitcoin came along that any accounting system could be trusted.
quoting nevent1q…475aICYMI💥: Sen. Rand Paul is inviting Elon Musk to come to his state of Kentucky to review the largest reserves of gold in the U.S.
A libertarian X account with 2 million followers asked the leader of the Department of Government Efficiency (DOGE) to set his sights on Fort Knox to make sure the U.S. supply of gold is still in its reserves.
Musk questioned why the gold supply is not reviewed every year, leading to speculation that he could look into the military base with the fortified vault full of U.S. gold.
'It would be great if Elon Musk could take a look inside Fort Knox just to make sure the 4,580 tons of US gold is there,' the libertarian Zero Hedge news aggregator account posted to X. 'Last time anyone looked was 50 years ago in 1974.'
Musk responded to the post with: 'Surely it's reviewed at least every year?'
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