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Can bitcoin go into extinction?
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[QUOTE="Teylortrade, post: 334403, member: 106652"] I really don't think bitcoin will be short-lived. In any case, consider that after Nixon in 1971, money became currency. On August 15, 1971, at Camp David, Richard Nixon suspended the convertibility of the dollar into gold. This was said to be a temporary measure. In reality it was never removed. Since then the rules of money have changed. The system is now debt-based and essentially saving money no longer means saving value. So buying valuable assets is the only way to preserve value. Hence the importance of purchasing and storing gold, silver and recently bitcoin. [/QUOTE]
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