# Nixon suspends gold convertibility, 1971

https://bitcoin.fr/le-jour-ou-les-etats-unis-ont-brise-le-systeme-monetaire-mondial/

Richard Nixon suspended dollar convertibility to gold in 1971. This ended the Bretton Woods system and led to unbacked fiat money. The U.S. debt rose to nearly 100% of wealth. Bitcoin emerged in 2009 as a response to unregulated money creation.

#dollar #bitcoin #monetary #system

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Canonical URL: https://qwibbit.com/q14681

Created: 2026-10-21T19:29:57.396011+00:00

Last edited: 2026-10-21T19:29:57.396011+00:00

Board: 3

Origin: Syndicated

Original source: https://bitcoin.fr/le-jour-ou-les-etats-unis-ont-brise-le-systeme-monetaire-mondial/