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0 sats \ 0 replies \ @Solomonsatoshi 6h \ parent \ on: Lunchtime queues and $6000 bars: Australia’s new gold rush econ
Because Asian cultures have long valued and understood sound money and used gold to preserve their private wealth.
Most westerners having enjoyed the exceptional privilege of global imperialism and hegemony for he last 500 years do not understand the importance of private wealth and the unreliable nature of state imposed fiat money.