Most gold coins will be clawed back due to widespread theft (Parody Version)

[Pente]

Thank you for the warning. However, I have a few questions.

1) Is any gold atom still the same gold atom from moment to moment? My understanding of one aspect of quantum mechanics is that particles are constantly being created and destroyed in pairs simultaneously. So if an electron-positron pair appeared next to an electron in a gold molecule, the positron could combine with the electron to disintegrate each other, the new electron takes the place of the old electron, the mass/energy of the missing pair being absorbed (to balance everything out). As this happens constantly, every sub-atomic particle would be replace in the gold, and essentially every gold atom has been mixed with every other gold atom in the universe. In other words, every gold atom (of the same isotope) is identical to every other gold atom. NO MIXING REQUIRED.

2) I believe in the multiple universe theory of reality. If there are multiple future universes, then the wave mechanics point to multiple past universes that converge to this moment in time. How can I trust the paperwork trail behind a gold bar if there is a universe that the paperwork is all fraudulent (however unlikely). Isn't the only thing we can be sure of is this moment in time?

[Peter R]

Indeed it is much more difficult for large stored monetary capital to hide in any asset.

Finally I have shown you the light!  There is no escape from the globalist elites' NWO whether it's bitcoin, gold coin, fiat, or diamonds.  There is a way to trace everything.

(Well, except for anonyatom--the truly anonymous atom)

NOTE: Parody

[AnonyMint]

I said more difficult. I didn't say impossible, especially given an anonymous crypto-currency.

Also protecting even just $50,000 per person is acceptable to me. At least we avoid a Dark Age.

I have noble goals. If you don't like my goals, fine go ahead with your Bitcoin. I am not stopping you.

[Peter R]

1) Is any gold atom still the same gold atom from moment to moment? My understanding of one aspect of quantom mechanics is that particles are constantly being created and destroyed in pairs simultaneously. So if an electron-positron pair appeared next to an electron in a gold molecule, the positron could combine with the electron to disintegrate each other, the new electron takes the place of the old electron, the mass/energy of the missing pair being absorbed (to balance everything out). As this happens constantly, every sub-atomic particle would be replace in the gold, and essentially every gold atom has been mixed with every other gold atom in the universe. In other words, every gold atom (of the same isotope) is identical to every other gold atom. NO MIXING REQUIRED.

If what you say is true, then it just strengthens my case that gold taint will spread.  But now it spreads across the entire universe due to quantum tunnelling.  Every electron-positron pair becomes an illegal elementary particle subject to arbitrary seizure by the globalist elites' Fermion Confiscation Authority (the FCA).

2) I believe in the multiple universe theory of reality. If there are multiple future universes, then the wave mechanics point to multiple past universes that converge to this moment in time. How can I trust the paperwork trail behind a gold bar if there is a universe that the paperwork is all fraudulent (however unlikely). Isn't the only thing we can be sure of is this moment in time?

All that matters is that there's a way for the globalist elites to rationalize anything and ruin your life.  


(well except for anonyatom--the truly anonymous atom).

NOTE: parody

[jonald_fyookball]

All that matters is that there's a way for the globalist elites to rationalize anything and ruin your life.  

freedom is a state of mind

[Peter R]

I said more difficult. I didn't say impossible, especially given an anonymous crypto-currency.

Also protecting even just $50,000 per person is acceptable to me. At least we avoid a Dark Age.

I have noble goals. If you don't like my goals, fine go ahead with your Bitcoin. I am not stopping you.

OK, AnonyMint.  I apologize for teasing you with my thread.  I did it because you've been disrespectful to other forum members and myself on numerous occasions and you've derailed what were productive discussions with incessant fear-mongering about a totalitarian NWO. I therefore question whether your intentions are to help or to hinder.  

You've been talking about some ideas you've had for an improved cryptocurrency for a long time.  Why don't you publish a white paper that specifies exactly how it should work?  If the community agrees that it's a significant improvement, there's a good chance it will be adopted.  

Personally, I think the flexibility of bitcoin is ideal as it is.  It provides privacy when needed, and transparency when desired.  User's can adapt it to suit their needs and we've seen efforts like coinjoin and darkwallet to appease those among us more concerned with privacy.  I don't want to get into a debate about it, but if our future world is a dystopia then there will be a way to screw us over no matter what.  Instead, let's work together to make the world a better place.  Bitcoin has given me a great deal of hope that we can make real change in our lifetimes.  

[jonald_fyookball]

I said more difficult. I didn't say impossible, especially given an anonymous crypto-currency.

Also protecting even just $50,000 per person is acceptable to me. At least we avoid a Dark Age.

I have noble goals. If you don't like my goals, fine go ahead with your Bitcoin. I am not stopping you.

OK, AnonyMint. ....  

Why don't you publish a white paper that specifies exactly how it should work?  If the community agrees that it's a significant improvement, there's a good chance it will be adopted.  

Yeah that's the thing , he won't.  His goal is to pose problems, not offer solutions.

[AnonyMint]

ok.

thanks.

but if our future world is a dystopia then they'll be a way to screw us over no matter what

I refuse to let this defeatist attitude stop me from finding solutions.

It is all math.

[Peter R]

Bump.

[OROBTC]

...

I suppose the highest tech mints could find a way to "seed" their gold coins, perhaps by year, perhaps even by each coin, with slightly varying small amounts of rare elements of lower cost (say Os, Re and even a little W) to establish a custody chain of one sort or another.

I do not easily see any way to accurately test for "conflict gold", as I imagine that most refiners mix in gold from different places for the bars that they resell.  At the kilo-bar level (9999 fine), this would be near impossible.  At the +/- 400 oz LBMA bar level, our overlords could care less about where the Au comes from...

***

I also read (somewhere, maybe at Zero Hedge) that the mints could put a chip in each (RFID)...  Then crack down hard on the Cash-4-Gold places re "Know Your Customer" laws, etc...

 

Better get started stacking early!

[CoinCube]

First they ignore you, then they laugh at you, then they fight you, then you win.

Mahatma Gandhi

[Peter R]

I suppose the highest tech mints could find a way to "seed" their gold coins, perhaps by year, perhaps even by each coin, with slightly varying small amounts of rare elements of lower cost (say Os, Re and even a little W) to establish a custody chain of one sort or another.

The Royal Canadian Mint has begun its "bullion DNA" program for 2014, as I pointed out earlier in the thread.  You can use this technology to trace your gold back to the mint over the web to confirm each coin's authenticity.  

I do not easily see any way to accurately test for "conflict gold", as I imagine that most refiners mix in gold from different places for the bars that they resell.  At the kilo-bar level (9999 fine), this would be near impossible.  At the +/- 400 oz LBMA bar level, our overlords could care less about where the Au comes from…

The "conflict gold" gets mixed with other gold in the smelter such that a certain batch of coins would contain, for example, 2% taint that links to stolen property (that was labelled as "stolen" retroactively).  A paper trails may very well exist between the stolen gold and your coin.  [The bullion DNA links back to the batch of gold, and documents show exactly where the raw gold for that batch was procured from.  The raw gold procured from Joe's Cash-4-Gold was later found to be stolen.]

I like the gold smelter analogy because bitcoin transactions are actually very similar.  A bunch of gold (inputs) get melted down, and then recast as new coins (outputs).  You can't talk about "this piece of gold" or "that piece of gold" after it has been melted and recast, but you can say that each newly-cast coins contain x% taint with the old coins.  Bitcoin works the same way: during each transaction, the input coins get destroyed and new (output) coins get created.  Links between coins (known as "taint") spread in the same way that gold atoms mix during the smelting process.  

I liked you point that "overlords could care less about where the Au comes from."  Indeed, all that matters is that its gold or bitcoin.  

Bitcoin is a new technology and it brings up fear and uncertainty for many people.  But if you look for an analogy to something you already understand (e.g., gold), then the concerns start to seem silly.