The "continual funding" problem I'm talking about is a short-term one, not a long-term one. If you got $7M in donations, you'd be able to back at $1... Which won't have an appreciable effect on the market. If you get $30M, you'll have a credible backing at about 50% of market cap. It'll boost confidence a fair bit. Then the market trades up to $25. At that point, your backing has become essentially irrelevant again, but it's still way too early for BC to be considered a stable, established currency. So what do you do? Either your bot remains irrelevant, or you have to seek out more donations. And it'll take a whole lot of these cycles before BC becomes so established that it's no longer necessary.
I don't know, I think backing at $1.00 might be a good thing at this point. You're still wrong about the math ($21,000,000.00 is required to back BitCoin to 1$), however.
I'm actually just here to comment that someone else anonymously generated 5 BitCoins to this project Of course, that's only $25.00 USD today, since the market is so unstable.
Oh well..