Re: "BTC Is backed by nothing while the USD is backed by 'full faith' of US gov't"

Bottom line is USD is ultimately backed by force, by guns, if you live in the USA and you have wealth you need USD to stay out of prison, pretty powerful backing if you ask me, people tend to value their liberty a lot , now you can argue that initiation of force is unmoral all day long , but it is what it is.

Bitcoin is backed by market demand only, all of us promoting it because we believe in it's value as a currency, but this believe is not as rock solid as the power of the US government to force people to use the $

I suppose to you I am forced to steal from jewlery shops because they display wealth something I don't have.

Or maybe I am 'forced' to use USD because I would definitely use fucking rmb or euro instead if I don't want to go to jail in US.

Get over yourself. Always bitching about how you are 'forced' to do something because you are incapable, when that 'forced' party is practically offering gold for 1% of your time on yearly basis.

Well if you know of a way to not pay taxes and not go to jail , please let me know

If you know anywhere a nation that doesn't prosecute you for not paying taxes, you let me know too

In the mean time, try not use gas, electricity, public road, public transportation, and public park, not to mention water and sewage either. You hate things provided by the tax dollars, I think. So funny of you to not take such things seriously when you are sitting pretty bitching about inconveniences in your developed world mentality.

I am not bitching about any of those thing, I just explained how the USD is backed by taxation, by force, whether we like it or not, while BTC is backed by market demand only.

Which is why it will be ultimately subordinate to some form of authority and force.

Because DPR had such a 'market driven demand' that saved him from the feds for drug dealing and attempted contract murder.