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142 sats \ 2 replies \ @Manikese 2 Jun \ on: UPDATE: Gold "hoarders" were persecuted in the 1930's - and bitcoin? bitcoin
My “research” by searching and reading for a couple days led me to estimate about 25% confiscation of gold by the government. The trick was to get everyone to store their gold in banks using propaganda and incentives. Then most of the banks were compliant in turning over their reserves and the reserves they held for their clients over to the government.