Oddbean new post about login | logout Would it be treason for a mining company or Berkshire Hathaway to hold gold or silver on their balance sheets. Would it be if Exxon held oil on their balance sheet?
If gold were somehow in contention as a broadly distributed currency. It would be a speculative attack if they borrowed usd and used it to stack physical gold, then issue shares into the market. They would effectively be undermining national banking by issuing their own currency.
Would that be the case if MSTR paid out the dividends in the form of BTC or a gold mining company paid out dividend in the form of gold?