Chris Olson

Talk about maybe Bitcoin could serve that purpose.

And I mean, on some theoretical level, maybe it could, but it's also got a number of security issues and technical infrastructure problems that many foreign governments are- It's based on electricity, okay?

Right.

And it's also not as private as one might think.

Well, yeah.

So you have the blockchain where every transaction is public as it has to be.

And so gold is really the original cryptocurrency because I can have value physically, transfer it to you, and truly nobody knows about it because it doesn't need to happen on a blockchain.

The gold is the gold.

How hard is it to transport it privately?

It's very easy to do.

And I mean, you hit the nail on the head.

It's private money.

It's a foundation of human liberty, of freedom.

Right, right.

Exactly.

And so it's directly linked to your sovereignty as individuals, as nations, as families.

But to transfer, you could move a million dollars worth of gold in a package that's going to weigh about 35 pounds and be about that big.

That's a million dollars worth of gold.

A little smaller now.

Most, you know, you have to declare it whenever you're importing or exporting metal into other countries, like you would have to declare any type of good.