Quote from: cogsmachine on Today at 02:14:56 PM

Shouldn't all crypto be backed by bitcoin ?

How would that work? Literally anyone (that's at least slightly capable) could create their own cryptocurrency.

Quote from: cogsmachine on Today at 02:14:56 PM

How could a "Bitcoin Standard" emerge? For example, if you could pay for food service etc everywhere with bitcoin, would that be enough to essentially drive bitcoin as a backing standard ?

How is bitcoin being adopted mean that all crypto would be backed by bitcoin? You're going to need to expound further.