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Re:Bitcoin's First $1k Weekend Since 2017 Marks Nine-Month High by lqet on Sunday May 12, 2019 @09:14AM (#19891662)
> Could Bitcoin have greater staying power than most nations and currencies in history?

"The average life expectancy for a fiat currency is 27 years, with the shortest life span being one month." [0]

[0] http://www.resourceinvestor.com/2011/01/23/time-different-do...

Re:Bitcoin's First $1k Weekend Since 2017 Marks Nine-Month High by marcosdumay on Sunday May 12, 2019 @03:57PM (#19894152)
Nearly all the times when a fiat currency "dies", it does so by people simply converting all their money into its replacement. More often than not, there's even a nominal equivalence between the old and new currencies. Describing this process as "death" is just sensationalist.

The cases where a fiat currency disappeared and left its holders without nothing are so rare that they make it into high-school history books.

Re:Bitcoin's First $1k Weekend Since 2017 Marks Nine-Month High by faissaloo on Sunday May 12, 2019 @12:24PM (#19892822)
That's surprising and quite alarming, I would've expected it to be at least a century
Re:Bitcoin's First $1k Weekend Since 2017 Marks Nine-Month High by ric2b on Monday May 13, 2019 @06:35AM (#19897830)
There aren't many (any?) century old fiat currencies so no way that would be the average.
Re:Bitcoin's First $1k Weekend Since 2017 Marks Nine-Month High by faissaloo on Monday May 13, 2019 @03:43PM (#19903157)
Clearly that's the case, but I didn't expect it to be.