
In 2017, Germany completed a repatriation operation of half the country's gold reserves, which lasted four years and cost 7.7 million euros. The operation aimed to repatriate all gold held in Paris and one-third of the reserves in the US, where it had been stored for many decades to prevent it from falling into the hands of the Soviet Union's communist regime during the Cold War. This cost of 7.7 million euros was purely operational and included: - Authentication verification; - Detailed weighing and laboratory testing; - Remelting of bars for international standardization required by banking records; - Transportation; - Insurance; It did not include the largest cost, which was precisely adapting the storage facility in Frankfurt for this reserve, estimated at 52 million euros. Now, imagine if there were an asset that could: - Be verified instantly instead of going through weighing, analysis, and laboratories; - Be transferred within 60 minutes, not four years; - Cost a few euros instead of tens of millions; #bitcoin #btc #nostr