$3 TRILLION of gold miraculously pops up. First China, now Argentina? Huh, makes you wonder if gold is *actually* a scarce commodity. - The Great Awakening - Where We Go Qne, We Go All!

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$3 TRILLION of gold miraculously pops up. First China, now Argentina? Huh, makes you wonder if gold is *actually* a scarce commodity. (twitter.com)

posted 8 days ago by xchainlinkx 8 days ago by xchainlinkx +92 / -0

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– ApeironPatriot 1 point 7 days ago +1 / -0

I think if countries start holding large amounts as a strategic reserve the price will stabilize over long term.

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– Tombstone2W 1 point 7 days ago +1 / -0

But cryptos were hailed as the future of money outside of government control. If you are implying that they need government to achieve stability and marketability then it defeats one of the original purposes of crypto.

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– ApeironPatriot 1 point 7 days ago +1 / -0

You can't make new money without existing entities using it. The government doesn't control the Bitcoin they own, they just have a stake in it. They can't issue more Bitcoin.

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– Tombstone2W 1 point 7 days ago +1 / -0

It still requires government buy in to give it value and stability.

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