Cayde's trusty hand-cannon is both named after his son and the infamous death card, but the role of the ace in combat is often overlooked.
During the Vietnam War, American troops often carried the cards with them and put them in the mouths of deceased Vietcong soldiers as a form of psychological warfare. Bicycle card company would often ship crates full of thousands of cards to Vietnam. On a few occasions, to empty Vietcong holdouts, they would drop hundreds of cards onto the area and the very superstitious VC would abandon their posts and retreat into the jungle.
The ace can also be a good luck charm and is very handy in poker as part of the "Dead Man's Hand." As you can see, there is a lot more symbolism to the ace of spades than meets the eye.
Edit: No, I'm not saying Cayde's gun references the Vietnam War. I just wanted to share this cool fun fact about the ace. I'm not overthinking anything.
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I read a book awhile back... an anti-terrorism operative is sent to kill Jihadists who have become sleepers in the US. He poses as a psycho serial killer and leaves aces of spades by all his victims.