Part 7/11:
Livingston describes gold’s history as one of coercion and confiscation. Governments have repeatedly taken or taxed gold, turning it into a government-controlled asset. Bitcoin, however, is fundamentally resistant to such interference, existing as pure information encrypted and stored in the digital realm.
This shift from physical to digital wealth signifies a broader revolution in how humans secure and transfer their value. Gold’s reliance on geography and physical possession becomes obsolete when compared to Bitcoin’s mathematical certainty—its code that cannot be manipulated or confiscated.