You're right I meant bitcoin is not a hard asset but hard money operating on a decentralized network that ensures a strong, unchangeable monetary policy upon which everyone entering the network must agree in order to be a part of the network. Given that no one can change the properties of the network and therefore the properties of the hard currency, this system is completely trustless and incorruptible, which means it can be well used for backing fiat monies that are far less trustworthy because they are often managed by corrupted politicians who pursue their own agenda and constantly look for free financing of their evil endeavors. If a fiat currency was backed by a transparent decentralized currency that everyone can observe and verify, it would keep the people behind that fiat currency in check, ordinary citizens would be able to hold these people accountable for their questionable actions if something terrible happens. So, what gives bitcoin a real value? I think it has value because it makes ordinary people powerful enough to be able to compete with and control those with political power.