this post was submitted on 25 Aug 2023
175 points (98.3% 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 10 months 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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[โ€“] [email protected] 51 points 10 months 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.

[โ€“] SmokesForBreakfast 12 points 10 months ago

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