Questions tagged [executive order 6102]

Caterina Sun Dec 22 2024 | 5 answers 1027

I'm wondering if cryptocurrencies, with their decentralized nature, have the ability to withstand confiscations similar to what was seen with Executive Order 6102 in the past.

SakuraSpirit Sat Dec 21 2024 | 5 answers 776

Bitcoiners are referencing Executive Order 6102 due to its historical significance in relation to government control over private ownership of gold. The order, signed by President Roosevelt in 1933, prohibited the private hoarding of gold and forced citizens to sell their gold to the government. Bitcoiners see parallels between this historical event and the potential for government interference in the cryptocurrency market, and they view Bitcoin as a way to protect their financial freedom and sovereignty.