What habbens when/if we find out that we don’t have the gold? 🤔📞
Discussion
Disaster. Or nothing.
Can Trump make the SAT the new dollar?
What needs to happen?
JPL Keeps saying bitcoin = 100 million dollars
100 million sats <<<<
This is why we haven't audited it. People are afraid of what could happen.
My guess is that nothing much happens at first, except for a bump in the gold price. The actual consequences will take years to play out, but it could lead to the end of the dollar.
There is also a chance that nothing at all happens. The gold isn't worth much compared to the debt. The U.S. government had vast amounts of land and a massive tax base to back the debt, so the gold is arguably unnecessary.
What I would like to see happen is that the people responsible go to jail. That seems more likely than a year ago, but still unlikely.
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