Obviously #bitcoin is the only true Bearer Asset left.

“The story would be very different, because in the United States, subsoil rights do belong to the landowner (unless they’ve been sold separately), so if instead of being born in Auvergne, he had been born in Texas, he could legally be exploiting his gold, or at least negotiating with a mining company to take a share of whatever is earned from his deposit.

And the truth is, when things like this happen, the only thing that comes to mind is wondering how far private property rights go in many places. Is it logical, or at least fair, to find a gold mine on your own land and not have the option to negotiate? It would be a very different story if this man hadn’t spoken up about his discovery.”

Opinions?

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There is no such thing, or nearly no such thing, as land ownership in the US. In USA, you purchase exclusive usage rights of the land, a little bit of the space above the land, and sometimes what lies beneath the land. Rarely some people buy land and pay a lump sum lifetime tax to own the land until they die, then they can transfer it to someone who pays land tax annually (like outside las Vegas during the boom years, this was not rare).

Bitcoin is land without tax.

Beautifully said, doc!

That belongs in a museum

😂

Gold is a permissioned relic, bound by borders, titles, and the state’s pen. This tension between possession and legal ownership-and the limits of what you can actually do with your property-mirrors a much broader issue: the erosion of true bearer assets in the “modern” fiat standard world. Bitcoin is not found-it is claimed, everywhere and nowhere, by those who hold the keys. Property is a story told by those who write the laws; sovereignty is written in code. Gold is a permissioned relic, bound by borders, titles, and the state’s pen. This tension between possession and legal ownership-and the limits of what you can actually do with your property-mirrors a much broader issue: the erosion of true bearer assets in the “modern” fiat standard world. #Bitcoin is not found-it is claimed, everywhere and nowhere, by those who hold the keys. Property is a story told by those who write the laws; sovereignty is written in code. I appreciate this post Banksith, i have a feeling you’ll enjoy this one: 👇🏽

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France is a socialists country trying to become communist.