What a bizarre action to take.

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Sooo just melt in different denominations ?

What doesn't make any sense is that's the opposite of a capital control.

Its almost like they're anticipating something 🤔

Breathtaking if true.

But what? Why would ever want less gold in the country? As a trained macro economist, I am actually stumped.

We can only speculate.

Removing fungibility of gold by way of fiat is strange though. That's the part I don't understand.

Bitcoin only I guess