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Date: April 5, 1933 – Executive Order 6102
The order required all Americans to hand over most of their gold coins, gold bullion, and gold certificates to the Federal Reserve in exchange for paper currency.
Why? - The official reason was to combat the banking crisis and stop people from hoarding gold, which was thought to be deepening the economic depression.
The aftermath? Once the gold was collected, the U.S. government revalued gold from $20.67 per ounce to $35 per ounce — effectively devaluing the dollar and giving the government a massive gain.
Now I ask you. Do you not think they will take your Bitcoin? Freeze all exchanges. Institutions, companies and take your Bitcoin? They say history doesn’t repeat but it sure does rhyme.
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