That only works if your money is based on the value of gold. That stopping being a concern in the 1970s.
No reason to take away gold today.
That does not fully compute. These days brass, lead and steel are also eyed by some politicians on the "liberal" side of things for "taking away." While one can examine this issue in terms of the Bretton Woods event and beyond, another perspective has to do with what government will and won't do.
Under your first entry in last year's tax filing ( Form 1040 ) and directly after "filing status," one found "At any time during 2024, did you: (a) receive (as a reward, award, or payment for property or services); or (b) sell, exchange, or otherwise dispose of a digital asset (or a financial interest in a digital asset)?"
Then where one signs the form "Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete."
No reason? Think that the fake election of Biden-Harris brought four years of fraud, waste and so much more. Canadian government, the EU and beyond all confiscate for a variety of things these days. We are not immune. In my neighborhood there is one loudmouth liberal who thinks my "brass, lead and steel" should be made illegal to possess.