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by jesusthatsgreat 896 days ago
Or fiat currency in general. Let's not pretend modern fiat is backed by something solid. The only thing backing it these days is the promise of our grandchildren & their grandchildren being good to pay back debt, eventually.
2 comments

The US has been continuously paying back its debts. It isn't hypothetical that we have been for decades, so it isn't "only" a promise.
Aircraft carrier groups seem pretty solid to me
OP claimed "nothing solid", not "not backed by invincible firepower", but keep shifting the goal posts if it makes your bitcoin losses feel better!