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FIAT currency has as much inherent worth as Bitcoin.
Not quite though unlike crypto currencies, fiat currencies are demanded by governments for payment of taxes - this gives it a level of value as people compete with each other to obtain it.
Looks like a currency event is on the horizon, China has been accused of manipulating it's currency lower but is in fact spending a fortune to keep it higher.
EM currencies look like falling big time, others some too leaving king dollar the last man standing.
Gold could easily hit $1600 /oz before the year is out.
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