to understand gold one must first understand that nation states subsist on taxes & that taxes can only be extracted if individuals choose (or are forced) to call a specific geolocation "Home"
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every soldier thus is a mercenary but they vary in accepted payment. some can be paid purely in status, some are purely mercenary and can only be paid in hard money. most are a mix of both meaning that almost everyone can be bought for the right price
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the reason a gold rich kingdom can easily defeat a poor kingdom is that all the soldiers and guards can be bribed with gold gold, rather than the local "fake" currency is necessary for the bribery b/c the gold has GLOBAL value
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someone who cannot fathom moving to a different place cannot be bribed with gold because there is no appeal of global value take warren buffet. a true believer in the american way of lifehttps://www.businessinsider.com/warren-buffett-diet-2017-10#on-the-first-breakfast-of-the-week-i-was-nervous-but-had-a-supply-of-foolish-confidence-in-my-ability-to-handle-what-was-ahead-2 …
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this is why holding gold is "treasonous" the glue of a nation state is some form of violence (kinetic or otherwise) that can enforce a boundary, and gold is an asset that allows one to pass through these boundaries
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the u.s. is a bit unique because being "treasonous" can be considered "patriotic". holding gold is a way of voicing opinion (through threat of exit) that the current method of governance is bad e.g. a way for republicans to commit "treason" against democratic initiatives
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when individuals buy bitcoin, gold, silver, etc... then they are opting out of what they see as indirect coercion to get them to subsidize others through money printing these hard assets cannot be touched by this coercion
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the dynamic boils down into a kid asking rich parents for money and the parents glancing over at asia and saying "no, you're spoiled" and them replying "no, i'm a VICTIM"https://twitter.com/a_yawning_cat/status/1398669885475999754 …
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gold, guns, and bitcoin are "anarchy". they r weapons of kinetic and economic violence that allow u to disrupt and destroy physical or psychic boundaries wo having to borrow power from a central authority it is sth that cowboys & immigrants understand the importance of
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