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Can it be used to create money instead?
We all know that all the money in the world is back by gold. Every dollar you spend is backed by gold from the central bank of your country,
What if one day, you discovered a gold mine in your farm. Instead of mining your gold and selling it to a gold dealer, can you get your government to print more paper money for it? Of course, the gold will now have to be stored in the gold treasury of your government.
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