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We also allow things like bearer shares and gold coins which simply provide value to whoever has them.
by Tenoke 6y ago
We also allow things like bearer shares and gold coins which simply provide value to whoever has them.
- arcticbull 6y agoAfter the 1982 curtailments, bearer instruments practically don’t exist in the US. As for gold, gold is a commodity, and one that has industrial utility. You can use it for things, so of course, it’s not particularly controlled.
- ashtonkem 6y agoYou’ll note that most people purchase things with credit cards and checks. Trying to buy your daily latte with a gold coin will get you some very strange looks and a manager trying to figure out what to do.
- lmm 6y agoThings like that are more closely associated with heist movies (or their more mundane analogue, "used notes", with run-of-the-mill crime) than legitimate commerce.