From the Mises institute : " The correction is fundamentally about restoring property rights in a market that quietly abandoned them. New regulators, committees, and Basel frameworks are not the answer. Western bullion markets can fix themselves by admitting that a bar of gold is not a credit instrument, that a customer’s deposit is not a bank’s asset, and that the price of the oldest store of value on earth should reflect the metal itself, not the paper claims stacked on top of it." How long before Bitcoin starts having the same issue at scale regarding rehypothecation in the tradfi world it's moving towards ?
https://mises.org/mises-wire/precious-paper-problem-divergence-western-bullion-markets
MineBTC
npub1ur…klvzn
2026-05-12 08:41:04 UTC
Author Public Key
npub1urdnh9wd0ml8wsd7mh2shnwem8tj7lguqjntp2tqw8rzg5cpw5qs4klvznPublished at
2026-05-12 08:41:04 UTCEvent JSON
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"content": "From the Mises institute : \" The correction is fundamentally about restoring property rights in a market that quietly abandoned them. New regulators, committees, and Basel frameworks are not the answer. Western bullion markets can fix themselves by admitting that a bar of gold is not a credit instrument, that a customer’s deposit is not a bank’s asset, and that the price of the oldest store of value on earth should reflect the metal itself, not the paper claims stacked on top of it.\" How long before Bitcoin starts having the same issue at scale regarding rehypothecation in the tradfi world it's moving towards ?\n\n https://mises.org/mises-wire/precious-paper-problem-divergence-western-bullion-markets \n\n",
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