It’s always a good day to remember the government confiscation of wealth:

1934: Executive Order 6102 made private gold ownership illegal in the US.

The government called it "preventing hoarding"

The process was simple:

1. Force citizens to sell gold at $20.67/oz

2. Make holding gold a crime (up to 10 years in prison)

3. After collection, revalue gold to $35/oz

A 69% wealth confiscation through devaluation

Key lessons:

• Physical assets can be confiscated

• Government can criminalize wealth preservation

• Devaluation is a form of confiscation

This is why Bitcoin's unseizability and resistance to confiscation matters ⚡️