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A comment on Central Bank Digital Currencies are coming. Parent comment

Re:Central Bank Digital Currencies are coming by claydavisss on Sunday October 18, 2020 @02:11PM (#24819872)
A "ban" on gold would only achieve multiplying the spot price by ten overnight. It would be the final signal that fiat currencies should be avoided at all costs.
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Re:Central Bank Digital Currencies are coming by octoberfranklin on Sunday October 18, 2020 @11:58PM (#24823215)
... and incentivize people to smuggle their gold out of the country.

International trade is far too large these days to stop gold-smuggling.

Look at the great job we're doing with drug smuggling. Most cocaine enters the US hidden in shipping containers.

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