Post
Topic
Board Bitcoin Discussion
Re: "BTC Is backed by nothing while the USD is backed by 'full faith' of US gov't"
by
Lethn
on 03/01/2014, 11:23:02 UTC
USD is really backed by guns.

The most realistic viewpoint I've seen, the only reason the USD has lasted so long is because of America's firepower, people have been too scared to stand up to them so they accept the U.S Dollar or face destruction, until Bitcoin came along of course.