Video Description
In 1933, the U.S. government forced Americans to surrender their gold.
Cory Klippsten on Executive Order 6102, and on what Bitcoiners mean when they warn about a 6102 attack. Roosevelt signed the order on April 5, 1933, about a month after taking office, while the United States was still on a gold standard that constrained the money supply he wanted to expand. Americans had until May 1 to turn in most gold coins, bars and certificates at the official price of $20.67 an ounce. Refuse, and the penalty was a $10,000 fine in 1933 dollars, ten years in prison, or both. Then the government raised the official price 69%, to $35, and kept private ownership of monetary gold restricted for more than 40 years, until the end of 1974.
The modern version doesn't need door-to-door coercion. If...
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