#美SEC推动加密创新监管 🇮🇹 A big move has come out from Italy — Prime Minister Meloni wants to take back the country's $300 billion gold reserves from the Central Bank of Europe and manage them himself.
This matter is quite interesting. Countries are beginning to reevaluate their sovereign control over traditional assets, gold needs to be returned to the national treasury, and data must be localized for storage. In the context of crypto assets, the topics of decentralization and asset autonomy have been brought to the forefront again. In the traditional financial system, even the storage of gold has become a game; in the Web3 world, holding your private keys is truly "Not your keys, not your coins."
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BearMarketBuyer
· 12-03 06:49
I understand Meloni's move now—it's more reassuring to store gold yourself, just like our logic for holding crypto.
Hold your own keys—seriously, that's an eternal truth.
If Italy dares to do this, other countries will definitely follow suit. Central banks are in for tougher times.
They're even recalling their gold—just wait, the wave of digital asset sovereignty is bound to hit sooner or later.
Sovereign wallets are the future, trust me on this.
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alpha_leaker
· 12-02 19:02
Gold must be reclaimed and managed by oneself, which indicates that people are starting to awaken. Centralized institutions are unreliable, isn't this exactly the problem Bitcoin aimed to solve?
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LiquidityWitch
· 11-30 15:31
Gold has to be controlled by itself again, and this wave of operations truly makes people understand what is called sovereign anxiety. In the end, the trust system of TradFi cannot overcome the human nature of "I have to control it myself."
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FOMOmonster
· 11-30 15:25
Gold has to be retrieved, what does this indicate? Centralized storage has always been a false proposition, and web3 has seen through this set long ago. Meloni's move is actually promoting self-custody of Private Keys.
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FastLeaver
· 11-30 15:21
Well, this matter is right on point. Even gold has to be managed by oneself; the crypto world has long operated under this logic.
Meloni's move, to put it bluntly, reflects a distrust of centralized institutions.
Gold in the Central Bank and coins on the exchange are essentially no different.
The private key is the key to success; everything else is just a distraction.
Whether this move by Italy will succeed is one thing; at least it shows that everyone is re-examining the issue of decentralization.
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PriceOracleFairy
· 11-30 15:15
ngl the irony here is *chef's kiss* — governments finally understanding custody risk after we've been screaming about it since 2011. meloni pulling gold from ecb is just tradfi admitting the whole "trust us bro" model was always the exploit vector. meanwhile we're still fighting regulators who don't get that self-custody isn't a bug it's literally the entire point lmao
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mev_me_maybe
· 11-30 15:13
Gold must be brought back for self-management, it seems that the concept of a sovereign Wallet is not fabricated out of thin air, the tricks played in TradFi are just the same as ours.
#美SEC推动加密创新监管 🇮🇹 A big move has come out from Italy — Prime Minister Meloni wants to take back the country's $300 billion gold reserves from the Central Bank of Europe and manage them himself.
This matter is quite interesting. Countries are beginning to reevaluate their sovereign control over traditional assets, gold needs to be returned to the national treasury, and data must be localized for storage. In the context of crypto assets, the topics of decentralization and asset autonomy have been brought to the forefront again. In the traditional financial system, even the storage of gold has become a game; in the Web3 world, holding your private keys is truly "Not your keys, not your coins."