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Bitcoin => Bitcoin Discussion => Topic started by: Kakmakr on July 29, 2018, 07:11:09 AM



Title: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kakmakr on July 29, 2018, 07:11:09 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
2. They are scared of their government?
3. They are just ignorant?
4. They simply do not care about this?

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: TepungBeras on July 29, 2018, 07:24:22 AM
it is true that the amount of gold is hidden from the public, and I think America is afraid of all the gold they have in public, and I think it could threaten the stability of government, and that could increase the price of bitcoin.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Baofeng on July 29, 2018, 07:48:47 AM
Perhaps it could be one of the biggest lie the US government is hiding from the public if there's no Gold is found in Fort Knox, there's no even an audit how much reserves they really got. I'm not a US citizen but until we see a audit, its hard believed that there's really Gold hidden in there. Will Bitcoin be the Gold 2.0 if there's no Gold found in Fort Knox? maybe. Investors might suddenly look for a good hedge and bitcoin is the best instrument and offer that "safety" to the investors.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kakmakr on July 29, 2018, 08:04:14 AM
Perhaps it could be one of the biggest lie the US government is hiding from the public if there's no Gold is found in Fort Knox, there's no even an audit how much reserves they really got. I'm not a US citizen but until we see a audit, its hard believed that there's really Gold hidden in there. Will Bitcoin be the Gold 2.0 if there's no Gold found in Fort Knox? maybe. Investors might suddenly look for a good hedge and bitcoin is the best instrument and offer that "safety" to the investors.

I should think that a lot of "Goldbugs" would seriously reconsider their investment in Gold, if they found out that there are ZERO Gold in Fort Knox and some of these people would start investing in other commodities that actually exist.  ::)

In 2015, the US Mint sold about $1.2 Billion worth of American Eagle and American Buffalo coins. Where is this Gold coming from?

How much of the Gold price is being manipulated with Gold that were stored in Fort Knox and what did the government use that Gold for, if it is not there anymore? Questions needs to be answered and the US citizens should demand these answers.  ;) 


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: aoluain on July 29, 2018, 08:09:02 AM
Its a very intriguing conspiracy theory. There are 2 questions which stands out,
Why is it that so few people including american presidents actually been inside
fort knox to view the physical gold or indeed why no audits been ordered?

Because there is either no gold or not as much as accounted for!

Its strange how its not talked about, strange how the 'missing elephant in the room'
is being ignored by people in authority.

My thought is that if it was known that there is no gold it would turn the world
economy into turmoil or 'melt down' so governments are happy to ignore
the missing elephant.



Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: cityhall on July 29, 2018, 09:15:43 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
2. They are scared of their government?
3. They are just ignorant?
4. They simply do not care about this?

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?

What is the problem if public didn't want to know?  It is gold, precious metal.  I don't think to show it off to public is a good idea.  Why so much hate?  Why lot of people want American economy collapse?  If American economy collapse, I think rest of the world will follow.  I'm not American by the way, but how about your country?  Do your government show the gold reserve to public?


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: jjacob on July 29, 2018, 10:09:57 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
2. They are scared of their government?
3. They are just ignorant?
4. They simply do not care about this?

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?

The point is, we might never see a full audit of Fort Knox and other secure sites. So this question might never be answered.
Plus, since the gold standard was abandoned decades ago,it might not really make a difference. After all, the only thing backing up the dollar now is the faith of the US government.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kakmakr on July 29, 2018, 10:53:42 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
2. They are scared of their government?
3. They are just ignorant?
4. They simply do not care about this?

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?

The point is, we might never see a full audit of Fort Knox and other secure sites. So this question might never be answered.
Plus, since the gold standard was abandoned decades ago,it might not really make a difference. After all, the only thing backing up the dollar now is the faith of the US government.

It does not matter if the gold standard was abandoned, the American citizens and the rest of the world needs to know what happened with that Gold. I might be wrong, but someone told me once that not even other countries that stored their Gold there, are allowed to check if the Gold is still there, so it is not just American Gold being stored there.

They might have relocated some of the Gold that was there, but nobody knows. <Remember the Gold that was removed from the ruble after the 911 attack?>

Who says all the Gold bars is solid Gold? It can contain lead and be coated by Gold.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Harlot on July 29, 2018, 11:00:07 AM
Here me out on this one, The government of the USA has the right to withhold information especially when it involves a threat to national security disclosing such information or confirming that their is Gold in Fort Knox will make that place a known target for criminals or even terrorist who really wants the economy of USA collapse, saying that there is no Gold in Fort Knox will definitely give a massive panic but the most brilliant way to avoid this is stating that the gold is on an undisclosed place well guarded by the government.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kakmakr on July 29, 2018, 11:32:19 AM
Here me out on this one, The government of the USA has the right to withhold information especially when it involves a threat to national security disclosing such information or confirming that their is Gold in Fort Knox will make that place a known target for criminals or even terrorist who really wants the economy of USA collapse, saying that there is no Gold in Fort Knox will definitely give a massive panic but the most brilliant way to avoid this is stating that the gold is on an undisclosed place well guarded by the government.

You are 100% correct, but why not disclose this to a reputable citizen that are not associated with the American government? They do not even have guards inside Fort Knox, according to a previous guard that worked there. All of the security measures are on the outside to prevent people from knowing what is going on in the inside.

It would be stupid to store all your Gold in one place, because one Nuke will render all that gold worthless, but some of Americas most precious original documents are also being stored there.  ;)


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: davis196 on July 29, 2018, 12:11:04 PM
The US economy won`t collapse, if there aren`t any gold stored in Fort Knox.
According to Wikipedia:
"As of November 2017, Fort Knox holdings are 4,582 metric tons (147.3 million oz. troy), with a market value of over $100 billion. In contrast, the GDP of the United States was $19.4 trillion as of April 2017."
This year,the US GDP is more than 20.413 trillion USD.
I don`t think that bitcoin popularity will increase ,if the US government has no gold reserves.
Nobody cares about that.People are just ignorant.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Noduperewa on July 29, 2018, 12:26:06 PM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
2. They are scared of their government?
3. They are just ignorant?
4. They simply do not care about this?

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?

I think that the gold kept by the American government must be informed of the truth, especially for the financial stability of the American government. If there is a lie, people do not believe and the possibility of gold prices slump. Investors will look for safer financial instruments, one of which is bitcoin.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Harlot on July 29, 2018, 02:08:44 PM
Here me out on this one, The government of the USA has the right to withhold information especially when it involves a threat to national security disclosing such information or confirming that their is Gold in Fort Knox will make that place a known target for criminals or even terrorist who really wants the economy of USA collapse, saying that there is no Gold in Fort Knox will definitely give a massive panic but the most brilliant way to avoid this is stating that the gold is on an undisclosed place well guarded by the government.

You are 100% correct, but why not disclose this to a reputable citizen that are not associated with the American government? They do not even have guards inside Fort Knox, according to a previous guard that worked there. All of the security measures are on the outside to prevent people from knowing what is going on in the inside.

It would be stupid to store all your Gold in one place, because one Nuke will render all that gold worthless, but some of Americas most precious original documents are also being stored there.  ;)
Well it only take 1 person to spill out the beans, especially when he/she is reputable spilling that kind of confidential info would mean disaster to the government and the US economy that is what you don't want to happen. The US government won't obviously wast their money and resources in guarding/depending Fort Knox if it does not contain anything, even if it is not Gold they are storing they might be protecting something precious or important inside, I don't even think that they are faking it just to fool everyone in the public.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: stompix on July 29, 2018, 04:58:10 PM
1. They know that if this is true, their economy will PROBABLY collapse?

Why would a 19 trillion economy (per year) collapse because of 100 billions of gold?
The most expensive houses in the most luxurious part of Bel Air are half of that :).
Just the top ten are worth 1.5 billion :)


2. They are scared of their government?

Define government.

4. They simply do not care about this?

Yup. Nobody gives a damn. You shouldn't either.

It would be stupid to store all your Gold in one place, because one Nuke will render all that gold worthless, but some of Americas most precious original documents are also being stored there.  ;)

Nope, it won't. :).
Nuclear weapons are nothing like nuclear reactors, see current day Hiroshima, so the gold won't get radioactive.
Also, it will not get blown away too far since it's already underground so it will be easy to recover, as most will just liquify temporarily



Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: hugeblack on July 29, 2018, 05:30:17 PM
All I know is that after 1970 the United States did not have enough gold to dominate the world, so they printed a lot of money for promises that it is worth a lot. "So, in theory, gold is less than what you expect."
1. No.
It does not matter, but if the current system fails, the United States has enough gold to offset the dollar's collapse.
The effect will be indirect by attracting people to buy assets that have values "itís self + economic" as gold & diamonds and Unsupported money from dollars to Bitcoin.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: theyRmose on July 29, 2018, 05:35:21 PM
All I know is that after 1970 the United States did not have enough gold to dominate the world, so they printed a lot of money for promises that it is worth a lot. "So, in theory, gold is less than what you expect."
1. No.
It does not matter, but if the current system fails, the United States has enough gold to offset the dollar's collapse.
The effect will be indirect by attracting people to buy assets that have values "itís self + economic" as gold & diamonds and Unsupported money from dollars to Bitcoin.
Interesting opinion, it seems that gold and diamond mass will still dominate rather than bitcoin if for example the American dollar falls.
but what if I say bitcoin as a second alternative?
I'm pretty sure people would prefer bitcoin rather than gold.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: hatshepsut93 on July 29, 2018, 05:40:43 PM
So far there was no precedent of Bitcoin's price moving as a reaction to some negative economic events in the world. The news sometimes try to tie Bitcoin's price movements to economic events in some countries, but that is most likely just a coincidence. Bitcoin supporters generally consider it as a hedge against fiat economy, but it's not enough to it really being a hedge, because the whole fiat economy should share this view. If we'll have an economic crash tomorrow, will Warren Buffet buy BTC or will he still think of it as "rat poison"?


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: rez303 on July 29, 2018, 05:42:49 PM
All I know is that after 1970 the United States did not have enough gold to dominate the world, so they printed a lot of money for promises that it is worth a lot. "So, in theory, gold is less than what you expect."
1. No.
It does not matter, but if the current system fails, the United States has enough gold to offset the dollar's collapse.
The effect will be indirect by attracting people to buy assets that have values "itís self + economic" as gold & diamonds and Unsupported money from dollars to Bitcoin.
Interesting opinion, it seems that gold and diamond mass will still dominate rather than bitcoin if for example the American dollar falls.
but what if I say bitcoin as a second alternative?
I'm pretty sure people would prefer bitcoin rather than gold.
Agree with your comments. Currently, some people are selling gold and investing in Bitcoin. I think the price of gold will fall this year. The choice to invest in Bitcoin is quite right. Because I think Bitcoin is better than gold


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kakmakr on July 30, 2018, 06:09:35 AM
The US economy won`t collapse, if there aren`t any gold stored in Fort Knox.
According to Wikipedia:
"As of November 2017, Fort Knox holdings are 4,582 metric tons (147.3 million oz. troy), with a market value of over $100 billion. In contrast, the GDP of the United States was $19.4 trillion as of April 2017."
This year,the US GDP is more than 20.413 trillion USD.
I don`t think that bitcoin popularity will increase ,if the US government has no gold reserves.
Nobody cares about that.People are just ignorant.

It is all about Faith/trust in the government. If there are no Gold in the vault, then the US government will lose a lot of credibility and the US citizens and the rest of the world that are using the US Dollar would lose faith in them. That little piece of paper, called the US Dollar is 100% built on the faith that people has, that the government would guarantee it's value to the bearer.

The Gold's value has little impact on what the damage would be, if it was found that there were no Gold in Fort Knox and the government knows that.  >:(


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: James_Hepp on July 30, 2018, 06:19:42 AM
The US economy won`t collapse, if there aren`t any gold stored in Fort Knox.
According to Wikipedia:
"As of November 2017, Fort Knox holdings are 4,582 metric tons (147.3 million oz. troy), with a market value of over $100 billion. In contrast, the GDP of the United States was $19.4 trillion as of April 2017."
This year,the US GDP is more than 20.413 trillion USD.
I don`t think that bitcoin popularity will increase ,if the US government has no gold reserves.
Nobody cares about that.People are just ignorant.

It is all about Faith/trust in the government. If there are no Gold in the vault, then the US government will lose a lot of credibility and the US citizens and the rest of the world that are using the US Dollar would lose faith in them. That little piece of paper, called the US Dollar is 100% built on the faith that people has, that the government would guarantee it's value to the bearer.

The Gold's value has little impact on what the damage would be, if it was found that there were no Gold in Fort Knox and the government knows that.  >:(

That's why it is in their best interest to keep up the lie if there's nothing in those vaults? They want to keep a semblance of credibility in the face of their recent loss of the people's trust. It also helps to keep the price of gold down because that's an extra several million ounces in supposed circulation, which also drives up the dollar's value.

I don't think any government would ever let their people know that there is an empty vault and several million ounces are missing anyway. They'd be shooting themselves in the foot.

As far as bitcoin is concerned, I don't think that it would encourage people to invest in it if they found out this gold is missing. If anything, it'll fuel the conspiracies of the goldbugs and they'd rush to buy more because they'd see the value as higher than it actually is.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: snipie on July 30, 2018, 06:30:59 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
Indeed. Since the dollar is tied with gold and the US government claims to have the equivalent of each dollar in gold then the price will easily collapse once someone will leak a video about how catastrophic the situation is in Fort Knox.
I consider the USD untrustworthy since 70' when they suspended its convertibility into precious metals.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Harlot on July 31, 2018, 10:55:12 AM
The US economy won`t collapse, if there aren`t any gold stored in Fort Knox.
According to Wikipedia:
"As of November 2017, Fort Knox holdings are 4,582 metric tons (147.3 million oz. troy), with a market value of over $100 billion. In contrast, the GDP of the United States was $19.4 trillion as of April 2017."
This year,the US GDP is more than 20.413 trillion USD.
I don`t think that bitcoin popularity will increase ,if the US government has no gold reserves.
Nobody cares about that.People are just ignorant.

It is all about Faith/trust in the government. If there are no Gold in the vault, then the US government will lose a lot of credibility and the US citizens and the rest of the world that are using the US Dollar would lose faith in them. That little piece of paper, called the US Dollar is 100% built on the faith that people has, that the government would guarantee it's value to the bearer.

The Gold's value has little impact on what the damage would be, if it was found that there were no Gold in Fort Knox and the government knows that.  >:(
The US government confirming that there is no gold in Fort Knox won't be the end of the US Dollar as the they won't obviously lose credibility on one thing, in fact they could probably have a good excuse when they finally decide to tell something straight publiy like that they where only using Fort Knox as a decoy place for them to protect the real gold the US is owning somewhere is a undisclosed location. Also there are several occasions where the government has been found hiding the truth and the most recent ones are about their war in the middle east but did they lost their credibility during that time? Of course not being the most powerful country in the world it is hard to bring it down.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kakmakr on July 31, 2018, 11:57:25 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
Indeed. Since the dollar is tied with gold and the US government claims to have the equivalent of each dollar in gold then the price will easily collapse once someone will leak a video about how catastrophic the situation is in Fort Knox.
I consider the USD untrustworthy since 70' when they suspended its convertibility into precious metals.

Damn, I never thought that there are still people who think fiat currency/dollar price are tied to Gold.  ::)  The US Dollar has not been linked to Gold for the last 45 years, since president Nixon abolished that in his term as president.  ::)

The only link to the Dollar is that it is mainly traded in US currency, so a weaker dollar makes Gold less expensive for other countries to buy it. So it is important for the US government to protect the dollar price and a shock like this, will definitely influence the dollar price and the Gold price, if this Gold did not exist. <If they say it is there and it is not, then they are messing with the supply>  ::)  


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: brylle34 on July 31, 2018, 12:06:54 PM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
2. They are scared of their government?
3. They are just ignorant?
4. They simply do not care about this?

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?
its their backup if an economic crisis will happen or an unexpected event that will happen, America is almost half of the world and the government of America will sure have a lot of options and one of this is the gold that is stored.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Pan Troglodytes on July 31, 2018, 12:26:56 PM
Yes it is a kind of legendary that the Fort Knox is empty. But even if it is, the news about it will never ever become public, and thus it will never in the slightest influence bitcoin price and adoption.

I am afraid bitcoin must gather trust of public opinion itself, without any shortcuts as the one described in the OP.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kertmu on July 31, 2018, 12:35:36 PM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
2. They are scared of their government?
3. They are just ignorant?
4. They simply do not care about this?

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?

The Fed does not want people to understand that gold is really important, that's why it does not audit gold reserves.

By the way, I am an adherent of the audit. But the fact that the government does not conduct this audit is not evidence that this gold is not available.

They just do not want to attract your attention.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: James_Hepp on August 01, 2018, 07:06:29 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
Indeed. Since the dollar is tied with gold and the US government claims to have the equivalent of each dollar in gold then the price will easily collapse once someone will leak a video about how catastrophic the situation is in Fort Knox.
I consider the USD untrustworthy since 70' when they suspended its convertibility into precious metals.

Damn, I never thought that there are still people who think fiat currency/dollar price are tied to Gold.  ::)  The US Dollar has not been linked to Gold for the last 45 years, since president Nixon abolished that in his term as president.  ::)

The only link to the Dollar is that it is mainly traded in US currency, so a weaker dollar makes Gold less expensive for other countries to buy it. So it is important for the US government to protect the dollar price and a shock like this, will definitely influence the dollar price and the Gold price, if this Gold did not exist. <If they say it is there and it is not, then they are messing with the supply>  ::)  

I was just thinking the same thing. The dollar is its own boss. It is whatever the Fed says it is.

I thought that a weaker dollar tended to make gold more expensive as investors look to it as a hedge. When the dollar is strong, investors prefer it over gold as it yields interest, whereas gold does not. So in addition to a higher value they can gain a few percent on the interest rate.

They're probably messing with the supply, just as the do by establishing futures contracts. To be honest, because of the massive amount of "invisible" gold created by futures contracts, I'm not sure that the existence of this gold in Fort Knox would have that big of an influence on the price of it anymore. Other than of course giving gold bugs a good reason to buy more.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Jerrycryptofield on August 01, 2018, 08:22:10 AM
I totally agree with you on this issue. It is very stupid for Americans to stay mute in this fact. They have the right to know everything about the actual places of gold and government also cannot keep it hidden


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kakmakr on August 01, 2018, 08:46:22 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
Indeed. Since the dollar is tied with gold and the US government claims to have the equivalent of each dollar in gold then the price will easily collapse once someone will leak a video about how catastrophic the situation is in Fort Knox.
I consider the USD untrustworthy since 70' when they suspended its convertibility into precious metals.

Damn, I never thought that there are still people who think fiat currency/dollar price are tied to Gold.  ::)  The US Dollar has not been linked to Gold for the last 45 years, since president Nixon abolished that in his term as president.  ::)

The only link to the Dollar is that it is mainly traded in US currency, so a weaker dollar makes Gold less expensive for other countries to buy it. So it is important for the US government to protect the dollar price and a shock like this, will definitely influence the dollar price and the Gold price, if this Gold did not exist. <If they say it is there and it is not, then they are messing with the supply>  ::)  

I was just thinking the same thing. The dollar is its own boss. It is whatever the Fed says it is.

I thought that a weaker dollar tended to make gold more expensive as investors look to it as a hedge. When the dollar is strong, investors prefer it over gold as it yields interest, whereas gold does not. So in addition to a higher value they can gain a few percent on the interest rate.

They're probably messing with the supply, just as the do by establishing futures contracts. To be honest, because of the massive amount of "invisible" gold created by futures contracts, I'm not sure that the existence of this gold in Fort Knox would have that big of an influence on the price of it anymore. Other than of course giving gold bugs a good reason to buy more.

It becomes a problem if they are using that Gold to manipulate the Gold price. They might be siphoning off some of that Gold or simply moving it around to artificially pump the price and then trade with this on open markets. In essence they are cooking the books and doing something else with the assets.

The thing is, nobody will ever know, because it is a highly controversial issue and the government is guarding that secret more than they are guarding their nukes.  ::)


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: voltagecrypto98 on August 01, 2018, 09:07:35 AM
I think to stable the finance market american government kept the gold. And that's why people are trying to find another option which is one kind of gold. And this gold is bitcoin.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: taylorsara on August 01, 2018, 09:45:49 AM
I have found this issue a total conspiracy. American citizens are acting really strange they should insist the government for the truth. It will also questioning the stability of US government which is absolutely not good for the country.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: kiboloves on August 01, 2018, 09:52:34 AM
Gold is an important reserve resource in the United States, and I think they have deliberately hidden the number of gold, in order to protect the interests of the United States and maintain the existing economic order.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: clonely on August 01, 2018, 10:02:22 AM
I wish the price will increase with popularity. Unfortunately, the market conditions are very bad these days.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: nguyenhoven on August 01, 2018, 10:04:05 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
2. They are scared of their government?
3. They are just ignorant?
4. They simply do not care about this?

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?

hard to tell what the truth is. But should it be so and there is not enough gold, then bitcoin price would surely grow, I think there is no doubt about it at all. Would be interesting to get it audited


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: candy69 on August 01, 2018, 10:28:05 AM
I think that bitcoin wouldn't have to depend on Gold for its popularity. As it is the best long-term investment out there, so it is already getting a lot of attention all over the world.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: absurde on August 01, 2018, 10:32:14 AM
This is a very good discussion, America is always proud of being transparent but if we think  a moment about gold  which are hidden from public, that can be a big difference for crypto market a nd of course related toBitcoin.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: coin_maker on August 01, 2018, 01:38:27 PM
I've not a very clear idea about this but when i heard then its hard believed
 that there's really Gold hidden in there. I think they do not care about it or
 they are scared.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: harrybell on August 01, 2018, 06:27:37 PM
well this topic is really unknown to those who are US citizens but who have the interested about every day market updates they may able to know about this so if the users don't have any idea about this topic then there is no chance that it will effect on bitcoin price , but still nothing can be ensure.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: StuartJonson on August 02, 2018, 01:14:09 AM
Given, bitcoin is a e currency and its characteristics are not at all similar to gold, it will not act the same way. Plus not all countries have the same rules and regulations.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: ShawnJessie on August 02, 2018, 01:44:19 AM
The citizens of America have every right to know about the amount of Gold being reserved there, but due to security maybe the goverment is not open about the issue. If there is no gold in Fort Knox, people will come to madness and drop all their money on BTC.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: roueen on August 02, 2018, 04:17:11 AM
Bitcoin is even presently compared with the Gold, most stable resource of all time, the model of wealth with having a long history and future also. If the Fort Knox conspiracy comes true by any means, anyone can prove about having less amount of gold in the vault such occured in Bangladesh, a developing country's central bank vault, there will be a huge change in BTC price as well in USD$ price. It will create a complex financial position ever occurred in America's history.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Rhegar011 on August 02, 2018, 04:29:16 AM
we dont have to wait that long. crypto is moving fast towards becoming manistream. more and more companies are adapting crypto as well as bloackchain fast. next 5 yrs are cruicial


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Rosyanroid on August 02, 2018, 06:15:02 AM
I am totally support your comments. Now people are think differently. They try to buy bitcoin instead of gold. So some people sale gold with a view to buy bitcoin. From my point of view itís a good decision because bitcoin future is bright.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: MiukoOk on August 02, 2018, 06:47:38 AM
Gold is an asset, a kind of asset that is internationally recognized by the BTC. There is no comparison between BTC and gold, and btc can not become a common currency like gold.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: cryptocrabs2 on August 02, 2018, 06:57:55 AM
Itís a good way but I think itís also contain some risk too. Samsung provides some factors to make it sustainable for cryptocurrency.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Reatim on August 02, 2018, 08:59:27 PM
Bitcoin is a digital currency and it has no relationship with gold. More this issue of the respective country and we know every government has its own policy and so I think that we should not comment on that.


I think what the OP is starting is that it's possible that Gold investors, those fanboys will shift their money to crypto in case that it was proven that the government of America has been deceiving the US citizen about their gold reserves in Fort Knox. Also, bitcoin has been touted as the new gold, Gold 2.0 as most evangelist would like to put it. Of course, we have every right to comment on it because Governments exist for the people and we have all the rights to found the real truth about it. Not unless you don't care about what your governments agenda and its plan on your country.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: jeffer8035 on August 02, 2018, 09:06:51 PM
the truth is that they do not have gold in Fort Knox they disappeared they do not have gold support in their federal reserves and that is already years old and what they had left a little depocitado from other countries was not theirs they asked him to give it as Germany and other Latin countries also withdrew their gold from the United States and there is more gold in Latin America than in the country of the North they abandoned the gold standard many years ago, that is why there is no gold in Fort Knox.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Prayservice Thomas on August 02, 2018, 09:11:00 PM
When this situation becomes public, goldprice will do the same thing bitcoin did from Nov 2017 until end of year, except it will take only a few days at best and wont come down from that level any more.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: PonyBoy on August 02, 2018, 09:21:27 PM
I think, this is one of the things, that we most likely will believe for ever, and they will never tell us that for sure. This is just useful for the government, that we believe that. There are things, that they will never tell you!


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: SheldonLang on August 03, 2018, 12:38:23 AM
I think American government are not being transparent because it is a matter of national security. But, it is also true that the citizens of America have every right to know about the amount of Gold being reserved there. If there is actually no gold in Fort Knox according to the future, there will be a panic in the market as people will start investing on BTC with no holds barred.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: HarryBrace on August 03, 2018, 03:55:19 AM
There are various rumors about Fort Knox, most of which are related to there being no gold at all. If that is true then the government is just hiding them from the people and people being ignorant are not asking the government to be transparent. If it gets exposed, people will go into panic mode and BTC market will see unrest because right now it looks like the best alternative to gold to hold.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: bayu7adi on August 03, 2018, 04:13:58 AM
What is the relationship between BTC and gold? aren't these two things very different?
both of these assets, in my opinion are very different and have advantages that are different
gold is suitable for users who do not know about crypto
while crypto is used as a gold substitute for easier investment facilities


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: DavidSalomon on August 03, 2018, 05:50:06 AM
I think these are just rumors about Fort Knox having no gold at all. Government is just trying to ensure the highest security possible by ensuring maximum confidentiality. But, the people not being concerned about such situation really makes me think if the rumors are true or not. If there are really no gold in there then we will know the reason behind governments fearing BTC for so long.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Kakmakr on August 03, 2018, 05:52:45 AM
Bitcoin is a digital currency and it has no relationship with gold. More this issue of the respective country and we know every government has its own policy and so I think that we should not comment on that.


I think what the OP is starting is that it's possible that Gold investors, those fanboys will shift their money to crypto in case that it was proven that the government of America has been deceiving the US citizen about their gold reserves in Fort Knox. Also, bitcoin has been touted as the new gold, Gold 2.0 as most evangelist would like to put it. Of course, we have every right to comment on it because Governments exist for the people and we have all the rights to found the real truth about it. Not unless you don't care about what your governments agenda and its plan on your country.

Yes, you are getting my point. Bitcoin is a upgrade to Gold, because everything is transparent. You cannot hide a large amount of bitcoins from the public, because all the bitcoins are stored on the Blockchain and if there are movement of these coins, then the public will know about it.

Gold can be sold and moved from one location to another, without the public knowing it and this makes it easier for governments to hide these kinds of secrets from the public.  >:(


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: InboundMercury on August 03, 2018, 10:08:18 AM
I was also thinking that why they have to fear if they have provided the right information. I think it could be a lie and it the lie come to the light the economy will face a major fall. As well as btc will probably have a huge growth.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: JohnLowry on August 04, 2018, 01:41:23 AM
I think they are ignoring the fact and trying to hide the truth. It can be the most controversial thing if the truth is exposed. That's why they are afraid of it. And i think btc will be more popular then.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: bungutko on August 04, 2018, 04:08:22 AM
I think this is a very  controversial and confidential issue that the government would not allow the public to be informed. I believe if it is not considered confidential, then this information had already been released long time ago. For now, government may have a hard time controlling the rise of bitcoin due to it's popularity since it has been widely adopted not just in the US but in the whole world.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: DavidSalomon on August 04, 2018, 04:26:37 AM
I am totally confused for their activities. I think the economy will surely collapse if people find out about the truth. This is probably the reason behind their awkward way of hiding the truth.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: JakenBake on August 04, 2018, 04:29:03 AM
Man I think golds popularity is going to explode when people find out its gone.  I also agree that Bitcoin is now a prime investment vehicle.  You gotta have the physical and the digital. 


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: BennieMartin on August 04, 2018, 06:26:03 AM
I strongly agree with you. It is just a stupidity for American to stay mute. They have the right to know everything about the actual places of gold and government also cannot keep it hidden.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: TradeParty on August 04, 2018, 08:53:19 AM
The main thing is we might never see a full audit of Fort Knox and other secure sites. So maybe we will never get this answer. Now the only thing backing up the dollar is the faith of the US government.

   


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Catch-22 on August 04, 2018, 11:22:24 AM
Another conspiracy theory courtesy of YouTube. So we need to break into Fort Knox to get proof that the golds there donít exist, then bitcoin will become more popular?  :(.   Which is next to impossible. How about the golds in the US Federal Reserve? I heard it is less secure.  LOL
 


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: James_Hepp on August 06, 2018, 05:56:18 AM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?

1. They know that if this is true, their economy will PROBABLY collapse?
Indeed. Since the dollar is tied with gold and the US government claims to have the equivalent of each dollar in gold then the price will easily collapse once someone will leak a video about how catastrophic the situation is in Fort Knox.
I consider the USD untrustworthy since 70' when they suspended its convertibility into precious metals.

Damn, I never thought that there are still people who think fiat currency/dollar price are tied to Gold.  ::)  The US Dollar has not been linked to Gold for the last 45 years, since president Nixon abolished that in his term as president.  ::)

The only link to the Dollar is that it is mainly traded in US currency, so a weaker dollar makes Gold less expensive for other countries to buy it. So it is important for the US government to protect the dollar price and a shock like this, will definitely influence the dollar price and the Gold price, if this Gold did not exist. <If they say it is there and it is not, then they are messing with the supply>  ::)  

I was just thinking the same thing. The dollar is its own boss. It is whatever the Fed says it is.

I thought that a weaker dollar tended to make gold more expensive as investors look to it as a hedge. When the dollar is strong, investors prefer it over gold as it yields interest, whereas gold does not. So in addition to a higher value they can gain a few percent on the interest rate.

They're probably messing with the supply, just as the do by establishing futures contracts. To be honest, because of the massive amount of "invisible" gold created by futures contracts, I'm not sure that the existence of this gold in Fort Knox would have that big of an influence on the price of it anymore. Other than of course giving gold bugs a good reason to buy more.

It becomes a problem if they are using that Gold to manipulate the Gold price. They might be siphoning off some of that Gold or simply moving it around to artificially pump the price and then trade with this on open markets. In essence they are cooking the books and doing something else with the assets.

The thing is, nobody will ever know, because it is a highly controversial issue and the government is guarding that secret more than they are guarding their nukes.  ::)

Cooking the books is a specialty of the US state. There was a big controversy about the Fannie Mae and Freddie Mac loan programs that were supposedly supposed to provide affordable housing. A LOT of money was being tunneled out of there and put away somewhere. No one really knows where it was going, but there's a conspiracy that they were using it for a secret space program. Regardless of where it was going, there was billions disappearing.

Like you said, this is what they could be doing with gold. Letting some of it disappear when the time is right and then collecting the money elsewhere. I just wonder what you'd need all that money for.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Pan Troglodytes on August 06, 2018, 09:59:46 AM
Another conspiracy theory courtesy of YouTube. So we need to break into Fort Knox to get proof that the golds there donít exist, then bitcoin will become more popular?  :(.   Which is next to impossible. How about the golds in the US Federal Reserve? I heard it is less secure.  LOL
 
It is not a conspiracy theory. It is very easy to dismiss an inconvenient theory by labeling it "conspiracy".

Actually even if it were conspiracy, what would be wrong with that? People conspire all the time.

Warren Buffet once bought a lot of silver futures (the future market operates daily in multitudes of all silver and gold in existence in the world) and instead of accepting the price difference what was customary after the contract date has expired, he said "pay me the contract value in silver" causing havoc in the markets, because nobody had the silver (!)

The same may be with all that gold in Ford Knox :)


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: BitcoinFX on August 06, 2018, 01:53:14 PM
US Mint Releases New Fort Knox "Audit Documentation": First Critical Observations
- https://www.zerohedge.com/news/2017-02-28/us-mint-releases-new-fort-knox-%E2%80%9Caudit-documentation%E2%80%9D-first-critical-observations (https://www.zerohedge.com/news/2017-02-28/us-mint-releases-new-fort-knox-%E2%80%9Caudit-documentation%E2%80%9D-first-critical-observations)

Mnuchin Visits Fort Knox, Says "Gold Is Safe"
- https://www.zerohedge.com/news/2017-08-21/mnuchin-visits-fort-knox-says-gold-safe (https://www.zerohedge.com/news/2017-08-21/mnuchin-visits-fort-knox-says-gold-safe)

U.S. Treasury Secretary: I Assume Fort Knox Gold Is Still There
- https://www.zerohedge.com/news/2017-08-22/us-treasury-secretary-i-assume-fort-knox-gold-still-there (https://www.zerohedge.com/news/2017-08-22/us-treasury-secretary-i-assume-fort-knox-gold-still-there)

The Truth About Bundesbank Repatriation of Gold From U.S.
- https://www.zerohedge.com/news/2017-08-25/truth-about-bundesbank-repatriation-gold-fort-knox (https://www.zerohedge.com/news/2017-08-25/truth-about-bundesbank-repatriation-gold-fort-knox)

Stunning Photos From Inside Russia's "Fort Knox"
- https://www.zerohedge.com/news/2018-01-11/stunning-photos-inside-russias-fort-knox (https://www.zerohedge.com/news/2018-01-11/stunning-photos-inside-russias-fort-knox)


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: aplistir on August 15, 2018, 12:00:17 PM
Of course  there is a lot of gold in Fort Knox. Why would there not be?

Nowadays there is this thing called "paper gold" and it makes it possible that Fort Knox is FULL of gold and at the same time there is no gold left.

All the gold may have been sold already  (as paper gold), while the physical gold is still stored in Fort Knox. As a matter of fact there is more paper gold than actual gold...

Remember what happened when Germany wanted to move its gold back to Germany. US could not deliver, because all the gold was already used backing up some commitments etc. So they made a deal of delivering the gold a small amount at a time.

I haven't followed if Germany already got their gold back. Probably most of it alredy. 


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: derekeaton on August 15, 2018, 12:11:05 PM
There are a lot of rumors about the gold reserves of America and Fort Knox in particular. It's hard to say what happens if it turns out to be true or false, but it will definitely affect the economic situation and bitcoin too.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: DennyPen on August 15, 2018, 12:47:56 PM
At the same time, there's no direct relation between gold price and btc price. I would say it will depend on whether btc will be chosen as a store of value. It's now too volatile, although many people treat btc as a store of value due to its deflation nature.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Pan Troglodytes on August 16, 2018, 07:06:27 AM
Officialy in Fort Knox there is gold worth 100 billion USD. The US debt is 21 000 billion USD (after http://www.usdebtclock.org/ ). So it really does not matter if the gold is there or not. It is an insignificant amount of money, which could be compared to counting change money in your pocket when at the dealer's you want to buy a luxury car.



Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: Pan Troglodytes on August 17, 2018, 08:24:02 AM
Officialy in Fort Knox there is gold worth 100 billion USD. The US debt is 21 000 billion USD (after http://www.usdebtclock.org/ ). So it really does not matter if the gold is there or not. It is an insignificant amount of money, which could be compared to counting change money in your pocket when at the dealer's you want to buy a luxury car.

Well I started digging and it seems that not only in Fort Knox there is not enough gold to pay off US national debt (it could pay off roughly 1-2% of it) but in all the human history not enough gold has been mined to pay it off. Source: https://www.quora.com/How-much-gold-is-in-Fort-Knox-and-is-it-enough-to-get-the-USA-out-of-debt-What-would-happen-if-all-that-gold-was-cashed-in

We are headed towards troubles, gentelmen.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: maumaugurin on August 19, 2018, 11:25:27 PM
Bitcoin is really blessing for market based on this coin I think this is not related to gold but govt. mainly hidden gold from the citizens also there are some reason for politics they don't want to accept this crypto currency because it is decentralized.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: BQ on August 19, 2018, 11:29:15 PM
I think indeed their economy would collapse, they left the gold standard a long time ago, and the entire world knows that incase US would "fall" economically it'd ripple worldwide so we all pretend it's alright!  :-X


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: kamBlanV on August 19, 2018, 11:31:11 PM
I think gold is an asset that can store our values safely, of course, the public will give a bad response and create this assumption is unfair.

but, I see that gold and bitcoin are two currencies that will survive and have value in the future.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: pitiflin on August 19, 2018, 11:49:22 PM
I am very curious on why the American public has not insisted that a full audit must be done on the actual Gold that are stored in Fort Knox and other secure places in America. They blindly accept that there are lots of Gold stored in the vaults in Fort Knox and all over America. The government has no right to withhold that information, but the public is not demanding it.

Why?
The public is stupid, come on, they elected Donald Trump as the President. The Government can actually hide that stuff and not say anything about it. There are many legit and illegit reasons for it, depends on what the controlling person wants.  ::)

1. They know that if this is true, their economy will PROBABLY collapse?
If the US collapses, the entire world economy will. People are still too dependent on the US. They just don't realize it much.

2. They are scared of their government?
Well, they are scared that might be jailed or you know...murdered or maybe get threats of other kind. Its the US after all, kids were killed in school.

3. They are just ignorant?
Could be a possibility. People might be more focused on the weed or how many one-night stands they had.

Why would the government go to that much trouble to hide this information from the public, if they had nothing to hide?
Who said they had *nothing* to hide?  ::)

What do you think will happen, once the truth about this is revealed and how will this impact Bitcoin?
This has nothing to do with bitcoin, 0% relevancy here. Whatever happens, not a lot of people will move their reactions to bitcoin, unless its intentionally/forcibly guided there.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: raging-creeper on August 20, 2018, 12:37:07 AM
Yeah they actually interviewed the guys who were taking it out in the middle of the night.  LOL.  The population is so dumbed down at this point they will not understand the implications. 


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: maumaugurin on August 22, 2018, 09:50:13 PM
It's so obvious that the actual amount of Gold is hidden from the public. Probably they're insecure as it could cause the whole system go unstable and result in more problems and destruction.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: billy4u on August 23, 2018, 07:11:01 AM
Most at times lies are bad. But on few occasions a lie protect a bigger interest. The truth cannot be hidden forever. At its own time, citizens will demand accountability. If the American government has no gold in the Fort Knox, it will resurface soon. Bitcoin can rise without the fall of gold. It just needs publicity and credibility to encourage investors to channel their resources to that way.


Title: Re: Bitcoin popularity will increase, when no Gold is found in Fort Knox.
Post by: jademaxsuy on August 23, 2018, 07:31:42 AM
But gold market price will be high also if that is the case. Well as we all know that gold could be mine and there is no way that gold will not be found or there will be a shortage of gold supply. So probably bitcoin will not going to be affected with gold perhaps people investing in gold will going to consider bitcoin's worth of investments.