The financial advisor who runs my company's 401(k) plan began telling his clients the same thing . . . after I predicted exactly what you said!
My rationale was that I would be "right" even if I was wrong and it never happened. Why trade in a tax break you already have for a tax break that may not even be there decades from now when you retire?
My son found a $1 silver certificate in his wallet last week. He thought himself lucky, but then found out that the US government doesn’t honor it’s commitment to redeem it for a silver dollar anymore. He hung it on his wall. A reminder to himself of the “honorable”, “ethical”, (gag) blatant and outrageous and contemptible thieves we have throughout government now.