Backing= guarantee of future exchange value
BC, needs a guarantee of its future exchange value.
As it has none, it cant be money.
Obviously
you mean guarantee by a central authority. That's not going to happen ever because bitcoin don't wants that to happen.
You see bitcoin with fiat currency standards thats why you can't understand basic things.
No. Thats one form of backing (dollar).
Gold/Silver have backing (inherent).
Bitcoin has NO backing.