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2026-09-19 13:02:23 UTC
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weev on Nostr: > nation state use GOLD - only when not RUN by idiots Not really true. Gold is a ...

> nation state use GOLD - only when not RUN by idiots

Not really true. Gold is a stupid reserve asset because you are basically saying the people with the gold mines control the underlying world economy. You’re essentially saying that China, Russia, Australia, and Canada should form a cartel to set monetary policy, because that’s where the mines are.