kitco.com/news/2023-11-02/Central-banks-bought-77-tonnes-of-gold-in-Sappeneptember-337-tonnes-in-Q3-WGC-s-Gopaul.html
prnewswire.com/news-releases/new-survey-reveals-10-8-of-the-american-population-owns-gold-while-11-6-owns-silver-301122041.html
oxfordegoldgroup.com/articles/who-owns-the-most-gold-privately/
Who Owns the Most Gold Privately?
John Paulson
Ray Dalio
Indian Families
Stanley Druckenmiller
Eric Sprott
The Royal Family of Saudi Arabia
The World Gold Council reports an estimated 208,874 metric tons of gold mined worldwide. Even knowing that, it’s impossible to estimate how much gold in the world remains. While there is plenty, much of this physical gold is too deep to mine. Experts estimate that at a rate of 3,000 metric tons per year, the world’s gold will last less than 18 years.
Gold is the currency of kings
Silver is the currency of merchants
Dollars are the currency of slaves.
Currency is the slavery. You dont want slavery. Get rid of currency. All of it.
lol. So I guess I cant eat dinner until I find someone who wants me to write code and is willing to barter it for my dinner.
I wish I would have had someone like you when I got hung up on page 2 of Perl Programming for Idiots. I would have been willing to come to some arrangement for help learning different programing languages.
Reminds me of those perl programming days. I recently came upon an old laptop backup from those days. I had even built a complete venue booking site, with graphics and all, in pure perl. Reading that code now makes me want to immediately run to something simpler - like decoding Q drops, kek.
Having a currency based trading system works till people get greedy. Wanna get rid of and prevent the issues we all have today. Get rid of currency based trade. As far as I can tell. Now that its this broken, I dont see a way to undo the damage without doing it.
The way Matt Bracken says it, "Banking only works in a high-trust society.
You can't get rid of all currency. Anything can be currency. Like if you trade a crate of eggs for some milk, the the eggs was your currency.
currency /kûr′ən-sē, kŭr′-/ noun
Money in any form when in actual use as a medium of exchange, especially circulating paper money.
Transmission from person to person as a medium of exchange; circulation.
General acceptance or use; prevalence. "the currency of a slang term."