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  • Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is based solely on faith. <a href="http://www.investopedia.com/terms/f/fiatmoney.asp">http://www.investopedia.com/terms/f/fiatmoney.asp</a> I guess all I am trying to say is that I hope your faith in the bitcoin is not misplaced.
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