If the Bank of England had Bitcoin and was circulating paper promises to redeem said Bitcoin, we could just look at their public wallet address, and audit their holdings ourselves.
No “trust me bro” needed nostr:note1ukj7kap7yd7567pvalugntyy4rzpn5tktpa0ge7ula5cmljgx84sjxp59f
Even if they had it and gave it to you... Prove to me that it is gold.
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