https://ift.tt/3reRiRa is digital gold. History if not repeats itself, it will rhyme. “Executive Order 6102” incoming!

https://ift.tt/3FvEn2m

**The IRS revealed earlier this year that it has seized $3.5 billion in the fiscal year 2021. According to reports, the US government has seized 170,000% more cryptocurrency this year than it did in 2019. Jarod Koopman, director of the Internal Revenue Service’s cybercrime unit**

[https://news.coincu.com/47346-us-seized-1700x-more-cryptocurrency/](https://news.coincu.com/47346-us-seized-1700x-more-cryptocurrency/)

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**Executive Order 6102** is an [executive order](https://ift.tt/324Qupu) signed on April 5, 1933, by [US President](https://ift.tt/3252zLo) [Franklin D. Roosevelt](https://ift.tt/1gp7MzT) “forbidding the [hoarding](https://ift.tt/3GEpmNe) of [gold coin](https://ift.tt/3Gw4k32), [gold bullion](https://ift.tt/3A49TUc), and [gold certificates](https://ift.tt/3AayUwY) within the continental United States.” The executive order was made under the authority of the [Trading with the Enemy Act of 1917](https://ift.tt/3GEpbS4), as amended by the [Emergency Banking Act](https://ift.tt/3IoJnI7) in March 1933.

The stated reason for the order was that hard times had caused “hoarding” of gold, stalling economic growth and worsening the [depression](https://ift.tt/Yijzao) as the US was then using the [gold standard](https://ift.tt/1e9MoG1) for its currency.

[Presidential Proclamation](https://ift.tt/3nwfCgq) [2039](https://ift.tt/3A0NqHr) that forbade the hoarding ‘of gold or silver coin or bullion or currency’, under penalty of $10,000 and/or up to five to ten years imprisonment.

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