this post was submitted on 25 Aug 2023
187 points (98.4% liked)

Damn, that's interesting!

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To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers. (lemmy.nz)
submitted 1 year ago by [email protected] to c/[email protected]
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Context :

https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown

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[–] [email protected] 48 points 1 year ago (12 children)

I'm interested in why the bar is so chewed up. Are they handing out fakes as well?

[–] [email protected] 51 points 1 year ago (1 children)

The cuts are probably to show the insides of the bar so they know it's solid gold all the way through. Who knows if they're handing out fakes though, imo it's very likely.

[–] [email protected] 12 points 1 year ago

My hash dealers do the same thing. Gotta see all the nuances and check quality through and through.

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