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Five decades after the famous Nixon speech in the 1970s, fiat currencies face the test of their lifetime. Gold is on the rise, Bitcoin correlation with gold reached very high levels, and suddenly fiat currencies have competition.
It took a pandemic to realize that fiat currencies, eventually, die. Is this true?
History Supports the Thesis
A study of over seven hundred different fiat currencies stated that there is no fiat currency on record that has…
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