I wouldn't put too much faith in bitcoin's anonymity, because if any government decided they wanted to seize their citizens' coins, I'd imagine they'd find a way to trace who owns what (at least for a lot of people, and especially those who use exchanges like Coinbase). Hopefully it'll never come to that, because OP is indeed correct that the gold confiscation that happened shows you how much power the government has. I mean, hey....they make the laws, and it would just take the stroke of a pen to make us all outlaws.
That's right and some people still believes it's completely anonymous and you can't trace the transaction routes but in reality it's pseudo anonymous and we have many threads informing the members about the same but still less care to read them.The government can have some ways to trace it like they also confiscated large amount of bitcoins at the time of Silk road case but yes private cryptos like Monero have complete intraceability but it's not widely used.
The government can take away your gold bonds anytime they wish but in actual sense they will portray it as an emergency situation like this happened in 1933 case.But there is something which is worth noting that is :
Executive Order 6102,forcing citizens to sell at well below market rates. Immediately after the “confiscation”, the government set a new official rate for gold that was much higher as part of the Gold Reserve Act 1934.
The highlighted part shows people were forced to sell at low rates and later on when they have it the prices were increased with new Act in 1934 and Gold Reserves Act was made but still today also it's central own financial assest which is not at all safe to invest now.
The other big reason why i don't like gold investment is no returns with rising inflation at all but to contrary there are negative return over it over a decade which is surprising but still for some people it is good investment.I recently made a topic about the same
here because for me Bitcoin is the best part and all these inflationary things to keep away and secure my future and more you understand it more you love it.
Gold is not safe heaven any more
I don't think I was ever taught about the gold seizure of 1933 when I was a kid in school. Those are the types of things that don't make it into standard textbooks of American history unfortunately. Hell, I'd much prefer that subjects like that weren't even taught in grammar and high schools in the US. What's the point of memorizing all of the US presidents, anyway?
They will never teach about their own worst decisions ever because how come they teach you how to fucking reveals the government dark works and loot the normal people as we also thought some economic stability can lead to economic downfall but they never said it was due to recklessly printing money and political grudges and weak political leadership so we live in an illusion under their show and always believed fiat is best for saving and if you have gold you could have safe future but when you realise you come to know bitcoin is the future for us.I was surprised to see some schools in Slovakia teaching kids about bitcoin and also shared the same here :
That's really awesome
When you make them aware about bitcoin at an early age they will come to know the reality otherwise they will be living with the same hyperinflation that's coming their way and your gold coins and other financial assets will not help a lot and government will again be asking people to submit their coins and cash all that so be safe for your future.