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Re:Bitcoin implodes: 90% down from June Peak by tomkarlo on Tuesday October 18, 2011 @03:25PM (#3126700)
More specifically: USD are the currency of choice of the biggest spender, and biggest collector, in the the United States, (probably in the world.) Even if they weren't the designated legal tender, that alone would make them more desirable as a value store than the likely alternatives.

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