This is way too hard to imagine especially when I saw the image of the gold bars. It just came into my mind, is it possible that we can have a digital version of gold with real gold reserve equivalence, meaning, we will acquire the gold cryptocurrency and when we want to withdraw it, it could be in real gold from gold reserves? In that way, people will not spend more time putting the gold to their private parts just for the sake of escaping the taxes or fees they need to pay to transfer the golds.
Though, I also found the disadvantage of it. if there's a huge amount of gold withdrawal, there's a tendency that they still need to physically transfer these golds which will still incur taxes.
We supposedly had several cryptocurrencies like that in the past and as you may guess all of them ended up scamming their customers and that is because you are now trusting a third party to hold your gold, this is the same what happened with the governments and look at what they did, they stole the gold of their citizens and then created fiat currencies with no intrinsic value at all, so I can understand why some people will not be willing to part with their gold and this explains the weird news we are discussing here, I just hope this person learns about bitcoin and saves himself the trouble and the pain.